Letter of Intent to Merge Between 37Point9, Inc. and NeoNet Marketing Group, LLC

Summary

This letter of intent outlines the agreement in principle between 37Point9, Inc., a public company, and NeoNet Marketing Group, LLC to merge into a single public entity. Corporate Development Strategies, Inc. has committed to provide $5 million in financing to facilitate the merger. Both companies agree to proceed with due diligence and in good faith, subject to additional escrow agreements and contracts required by the financier. The merger will be publicly announced by 37Point9, Inc. as required by its public company status.

EX-2.1 2 0002.txt LETTER OF INTENT TO MERGE Mailander Law Office March 28, 2001 Pastor Rick Sullivan NeoNet Marketing Group, LLC 2765 Chateau Drive Dyer, IN 46311 LETTER OF INTENT RE: Merger between 37Point9, Inc., a Public Company, and NeoNet Marketing Group, LLC Dear Mr. Sullivan: I am in receipt of a letter dated March 28, 2001, from Corporate Development Strategies, Inc., Mr. Phillip Butler, President, to Mr. Andrew Austin, Vice President of Acquisitions, 37Point9, Inc., wherein Mr. Butler informed me of the details of his firm's commitment to finance the merger between 37Point9, Inc. and NeoNet Marketing, LLC. It is my pleasure to confirm the contents and commitments of that letter, as it relates to the expected merger of 37Point9, Inc. and NeoNet Marketing, LLC. Both 37Point9, Inc. and NeoNet Marketing, LLC, have formally agreed in principal to merge into one public corporate entity. This letter is intended to formalize, in a letter of intent, the desire and terms of these two companies. Corporate Development Strategies, Inc., as is evidenced by the attached "Letter of Commitment" dated March 28, 2001, is ready and willing to provide $5,000,000.00 (five million United States dollars) in financing to 37Point9, Inc. in order to facilitate the merger between these two companies (the letter from Corporate Development Strategies, Inc. to Andrew Austin is incorporated herein by reference, as though fully set out). Both 37Point9, Inc. and NeoNet Marketing, LLC, by their respective authorized signatures below, hereby agree to proceed with all due diligence and good will to consummate the merger between these two business entities in conformity with the various other escrow agreements and collateral contracts required by Corporate Development Strategies, Inc. 37Point9, Inc., being a public company, is obligated to announce this proposed merger agreement between the above mentioned parties, and will as of the date of this letter is signed. 2707 Garnet Avenuet Suite 200-F San Diego, CA 92109 Phone ###-###-#### Fax ###-###-#### ***@*** Pastor Rick Sullivan NeoNet Marketing Group, LLC March 28, 2001 Page 2 Dated: March 28, 2001 37Point9, Inc. A Nevada corporation By: /s/ ANDREW S. AUSTIN ---------------------------------- Andrew S. Austin Vice President, Acquisitions 37Point9, Inc. NeoNet Marketing, LLC By: /s/ RICK SULLIVAN ---------------------------------- Rick Sullivan President, NeoNet Marketing, LLC