Maui General Store was a party to the Stock Purchase Agreement among Messrs. Miller, Fu and Su. In the Stock Purchase Agreement Maui General Store covenanted that:
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On or prior to July 6, 2008 it will acquire the controlling interest in Heilongjiang Hairong Science & Technology Development Co., Ltd.;
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At no time prior to June 6, 2010 will it effect a reverse stock split that will reduce the number of outstanding shares of common stock below 20 million; and
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At any time prior to June 6, 2009 Mr. Miller may cause Maui General Store to file a registration statement with the SEC that will, when declared effective, permit Mr. Miller to sell to the public any of the 22,240,670 common shares that he continues to own; provided, however, that Mr. Miller must pay all costs incurred by the Registrant in connection with the registration.