Notice of Termination of Stock Purchase Agreement between China Media Networks International, Inc., 8 Holdings LLC, and Mark L. Baum
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Summary
China Media Networks International, Inc. has formally notified 8 Holdings LLC and Mark L. Baum that it is terminating the Stock Purchase Agreement previously executed between the parties. The termination is effective as of 9 am Pacific Standard Time on November 21, 2005, in accordance with specific sections of the agreement. This notice serves as the official communication of the contract's termination.
EX-1.1 3 termstkpurch.htm TERM STK PURCHASE Term Stk Purchase
CHINA MEDIA NETWORKS INTERNATIONAL, INC.
580 2nd Street, Suite 102
Encinitas, California 92024
760 ###-###-####
Fax ###-###-####
November 21, 2005
VIA FACSMILE TRANSMISSION ONLY
| 8 Holdings LLC Attention: Harlan Kleiman 1900 Ninth Street, s3rd Floor Boulder, CO 80302 Fax: 415 ###-###-#### | Alan Talesnick, Esq. Patton Boggs, Esq. 1660 Lincoln Street Suite 1900 Denver, CO 80264 Fax: 303 ###-###-#### |
RE: Stock Purchase Agreement (the "Agreement") Executed Between Metaphor Corporation (now China Media Networks International, Inc., a Nevada Corporation), 8 Holdings LLC and Mark L. Baum
Dear Harlan, Stephen and Clive:
Please be advised that pursuant to Sections 9.1(b)(ii) and 9.1(d) of the aforementioned Agreement, as of 9 am Pacific Standard Time, November 21, 2005, China Media Networks International, Inc., a Nevada corporation, hereby terminates the Agreement.
Very Truly Yours,
/s/ Mark L. Baum, Esq.
Mark L. Baum
Chairman and CEO
China Media Networks International, Inc.
