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PennyPincher

08/29/09 7:39 AM

#78 RE: PennyPincher #77

From the 8k
No Reverse Stock Split . The Company will not effect a reverse stock split of the Company’s Common Stock at any time prior to April 6, 2011. In the event the Company effects a reverse stock split prior to April 6, 2011, the Cohiba Shareholders will be provided with anti-dilution protections with respect to their Lock-Up Shares, such that after any such reverse stock split, they will own the same number of Lock-Up Shares as they owned prior to any such reverse stock split. The Company will not transfer corporate assets or corporate opportunities to another company without fair consideration in accordance with applicable Nevada law. The Company will use its best efforts to acquire all right, title and interest in and to the ownership of an entity or the assets of an entity known as “Pure Play Music, Ltd.”, an entity formed under the laws of the United Kingdom.