August 9, 2007 Re: Consulting Agreement/Agreement of Sale Gentlemen:

EXHIBIT 10.3

August 9, 2007

Re:           Consulting Agreement/Agreement of Sale

Gentlemen:

Reference is made to that certain Consulting Agreement/Agreement of Sale, dated August 22, 2005, as amended by a First Amendment dated May 4, 2006, between Xxxx Xxxxx and Xxx Xxxxx, both of whom are unrelated third party consultants, and Landbank Group, Inc., a Delaware corporation (“LBG”).

As of the date hereof, each party desires to extinguish any and all obligations of the other party under such Agreement.  In consideration of the foregoing and for other good and valuable consideration, the parties hereby agree that the Agreement shall be immediately terminated in full and all obligations, including, but not limited to, the 400,000 shares of unissued common stock, 200,000 shares to Xxx Xxxxx and 200,000 shares Xxxx Xxxxx, all to be new certificates. These were to be issued upon the achievement of specified milestones, of the parties thereunder are hereby extinguished. Please confirm that the foregoing is in accordance with your understanding by signing and returning to us the duplicate of this letter enclosed.

Yours truly,

                                                                                                /s/ Xxxx Xxxxxxx                

Xxxx Xxxxxxx

Chief Executive Officer

Accepted and agreed to

this 12th day of September, 2007:

By:   /s/ Xxxx Xxxxx                            

Name:  Xxxx Xxxxx                              

By: /s/ Xxx Xxxxx                                  

Name: Xxx Xxxxx