Cancellation and Reissuance of ASPA Gold Corp. Restricted Common Stock by Point North Investments LLC

Contract Categories: Business Finance › Stock Agreements
Summary

Point North Investments LLC instructs Securities Transfer Corporation to cancel 53,750,000 shares of ASPA Gold Corp. restricted common stock, represented by two certificates totaling 60,000,000 shares. The company requests that a new certificate for the remaining 6,250,000 restricted shares be issued in its name and sent to its address. This document formalizes the cancellation and reissuance process for the shares.

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EX-10.7 8 ex10-7.txt CANCELLATION OF COMMON STOCK Exhibit 10.7 December 8, 2010 Securities Transfer Corporation 2591 Dallas Parkway, Suite 102 Frisco, TX 75034 Cancellation of Restricted Shares of ASPA Gold Corp. f/k/a Renaissance BioEnergy Inc. Common Stock ("ASPA") Ladies and Gentlemen: You are hereby instructed to cancel 53,750,00 (Fifty three million seven hundred fifty thousand) shares of ASPA restricted Common Stock. Enclosed is Certificate No. ES251 representing 5,000,000 shares and Certificate No. ES331 representing 55,000,000 shares, together a total of 60,000,000 (Sixty million) shares of ASPA restricted shares of Common Stock. Please issue a new certificate for the remaining 6,250,000 (Six million two hundred fifty thousand) restricted shares of Common Stock in favor of the undersigned. Please send the certificate to the company at: ASPA Gold Corp. 36101 Bob Hope Dr., Suite E5-238 Rancho Mirage, California 92270 Sincerely yours, POINT NORTH INVESMENTS LLC By: /s/ David Arthun --------------------------- Name: David Arthun