Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

Appointment of Officer. On June 25, 2012, the Company appointed Mr. Deepak Ramchandani as Chief Executive Officer. Mr. Ramchandani has worked in the clothing/apparel industry from an early age in his family's textile business in Mumbai (f/k/a Bombay, India). In his late teens, he started his own clothing factory and soon was manufacturing garments for one of India's largest garment exporter. After moving to the United States, he worked for one of the largest southern California-based clothing wholesalers where he progressed from Senior Merchandiser to Buyer to Director of Operations and Sales. In 2008, Mr. Ramchandani founded Brands Unlimited, LLC, a designing, manufacturing, and wholesale clothing company which sells to stores such as TJ Maxx, Ross, Burlington, and Citi Trends.

Item 8.01. Other Events.

On June 25, 2012, the Company entered into a Letter of Intent for the strategic relationship and acquisition of certain assets with and of Brands Unlimited, LLC, as part of the appointment of Mr. Ramchandani as CEO, and in conjunction with growth of the Company.