SALE OF INVESTMENT INTERESTS IN AMERICAN RESIDENTIAL GAP APS

Exhibit 10.15

 

SALE OF INVESTMENT INTERESTS IN AMERICAN RESIDENTIAL GAP APS

 

It has been agreed that ProGreen Properties, Inc. (“Progreen”), will sell and transfer all of its debentures and shares in American Residential Gap ApS (the “Securities”) to Rupes Futura AB and that Rupes Futura AB will purchase the Securities, as of May 30, 2013, for a total amount of $60,000, payable before June 20, 2013, by wire transfer to:

 

Account no: 01381843189

Routing No: 072 403 473

Bank: Huntington Bank

Swift: HUNTUS33

Account holder: ProGreen Properties, Inc.

 

RUPES FUTURA AB                                                                           PROGREEN PROPERTIES, INC.

 

/s/  Henrik                         By:  /s/ Jan Telander

 

Stockholm May 30, 2013                                                                      Birmingham May 30, 2013