Item 1.02. Termination of a Material Definitive Agreement.

On October 2, 2012 the Company terminated its agreement with Respect Innovations, Inc. relating to the acquisition of Respect's nanotechnology. The 100,000,000 shares of the Company's common stock originally issued to Respect in exchange for the assignment of the nanotechnology were returned to the Company. In connection with the termination of its agreement with Respect, the Company sold all of its shares in its wholly owned subsidiary, Respect American Glass, Inc., to one of Respect's officers for a nominal price.

The Company intends to acquire new nanotechnology in exchange for shares of its common stock. The new technology is a coating that can be applied to almost any surface, has low thermal conductivity and protects surfaces from water leaks, corrosion and rust.

Nanotechnology involves mixing microscopic particles into paints, coatings and films that can be applied to most surfaces to provide temperature resistance and increased structural integrity.