Item 1.01 Entry into a Material Definitive Agreement

Effective December 30, 2011 the Company entered subscription agreements to subscribe acquire 43 fully paid and non-assessable common shares of MachLink Corporation (MachLink) and representing 8% of the issued common shares of MachLink, for the subscription price of the issuance of 1,000,000 shares of common stock of the Company (the "Subscription Price").

Item 1.02 Termination of a Material Definitive Agreement

The Company and Machlink Corporation have mutually agreed to terminate all of their prior agreements and arrangements each with the other, in favor of their renewed mutual interests summarized above as Item 1.01 and Machlink has agreed to return 2,000,000 shares of common stock previously issued to Machlink by the Company.

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