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Texan77

07/28/08 1:42 AM

#21088 RE: Zorax #21083

The Company failed to complete a Consulting Agreement with Mr. Leslie Smiedt. Accordingly, the amount of 1,500,000,000 shares of the Company's Common Stock issued to Mr. Leslie Smiedt in respect thereof, has now been cancelled by the Company.


The Company has instructed its Transfer Agent to cancel these shares of the Company's Common Stock and in the amount of 1,500,000,000 shares of Common Stock.