Item 1.01 Entry into a Material Definitive Agreement.
On July 16, 2009, American Claims Evaluation, Inc. (the "Company") entered into a Settlement Agreement (the "Agreement") with John Torrens (the "Former Majority Shareholder"), Kyle Palin Torrens and Carlena Palin Torrens (collectively with the Former Majority Shareholder, the "Prior Owners").
The Agreement was entered into to resolve certain disputes that had arisen among the parties regarding various elements of a Stock Purchase Agreement dated September 12, 2008 pursuant to which the Company purchased all of the outstanding shares of Interactive Therapy Group Consultants, Inc. ("ITG") from the Prior Owners.
In settlement of all claims between and among the parties, the Former Majority Shareholder agreed to a modification of his Employment Agreement with ITG and the Prior Owners agreed to a judgment of $87,400 plus interest in favor of the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

Exhibit 10.17 Settlement Agreement by and among American Claims Evaluation, Inc., John Torrens, Kyle Palin Torrens and Carlena Palin Torrens, dated July 16, 2009.

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