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ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
On May 30, 2008, Brite Strike Technologies, Inc., (“Brite Strike”), Belmont Partners, LLC (“Belmont”), and Global One Distribution & Merchandising,
Inc., (the “Company”) entered into a common stock purchase agreement (the “Agreement”), whereby Brite Strike purchased 43,000,286 shares of common
stock of the Company which was equal to 50.01% in exchange for a cash payment of $222,500.
Pursuant to the Agreement, Belmont retained 4% of the issued and outstanding shares of the Company.