Schedule 3.1(i) to Securities Purchase Agreement – Letter of Intent for Share Acquisition between Huantong Telecom Singapore and TCAM Technology
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Summary
Huantong Telecom Singapore Company Pte. Ltd., a subsidiary of Guangzhou Global Telecom, Inc., has signed a non-binding Letter of Intent to buy 30% of TCAM Technology Pte. Ltd.'s common stock. The purchase price is S$200,000 and 3,000,000 shares of Guangzhou Global Telecom, Inc. stock. The payment will be made within 15 days after the parties sign a formal agreement. This document outlines the intent and terms for the potential share acquisition.
EX-10.3 3 f8k022108ex10iii_guangzhou.htm SCHEDULE 3.1(I) TO THE SECURITIES PURCHASE AGREEMENT f8k022108ex10iii_guangzhou.htm
SCHEDULE 3.1(i)
Material Changes:
On January 30, 2008, Huantong Telecom Singapore Company Pte. Ltd., a wholly owned subsidiary of Guangzhou Global Telecom, Inc. entered into a non-binding Letter of Intent to purchase 30% of the total authorized shares of common stock to TCAM Technology Pte. Ltd for a total of S$200,000 and 3,000,000 shares of Guangzhou Global Telecom, Inc.’s common stock (the “Purchase Price”). The Purchase Price shall be delivered within 15 days of execution of the official agreement linking the parties to this transaction.
