ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

As previously disclosed in the Form 8-K and related 8-KA's filed on December 12, 2011 and February 2, 2012 and March 6, 2012 respectively, Empire Global Corp. (the "Company") entered into a Stock Purchase and Share Exchange Agreement (the "Agreement") with Avontrust Global Pte. Ltd. a Singapore company ("AVT"). The anticipated closing date was initially January 6, 2012 then extended to March 6, 2012 and again to May 8, 2012.

In accordance with the Agreement, during the due diligence period the Company filed outstanding reports on Form 10-K for the period ended December 31, 2010 and quarterly reports on Form 10-Q for interim periods ending March 31, 2011, June 30, 2011 and September 30, 2011. The parties have mutually agreed to terminate the Agreement since the terms of closing required by Item 310 could not be met.

Pursuant to the Agreement the Company and AVT have the right to terminate the Agreement prior to the closing date. As a result of the foregoing matters the Company has terminated the Agreement and will now seek new business opportunities.