Notice of Cancellation of Contractor Agreements between Black Stallion Oil & Gas Inc. and Rancho Capital Management

Summary

Black Stallion Oil & Gas Inc. has notified Rancho Capital Management that it is immediately terminating all contractor agreements between the two parties. The agreements being cancelled were originally signed on February 9, 2016, April 8, 2016, and July 15, 2016. This notice serves as formal confirmation that these contracts are no longer in effect as of February 9, 2017.

EX-10.8 2 blkg_ex108.htm CANCELLATION OF CONTRACTOR AGREEMENTS blkg_ex108.htm

EXHIBIT 10.8

 

BLACK STALLION OIL & GAS CORP.

633 W. 5TH STREET

26TH FLOOR

LOS ANGELES, CALIFORNIA

90071

 

February 9, 2017

 

Rancho Capital Management

1401 Camino Del Mar, Unit 202

Del Mar, CA 92014

 

RE: Notice of Cancellation of Contractor Agreements

 

This letter is to notify Rancho Capital Management (“Contractor”) that Black Stallion Oil & Gas Inc. (“Company”) is terminating all Contractor Agreements (“Agreements”) with Contractor. As of the date of this letter, the Company entered into three Agreements with Contractor dated February 9, 2016, April 8, 2016, and July 15, 2016, respectively, all of which are terminated effective immediately.

 

 

Sincerely,

 

/s/ Ira Morris

Ira Morris

Black Stallion Oil & Gas Inc.

President & Director