RECITALSAgreement • September 23rd, 1997 • Eurotronics Holdings Inc • Metal mining • Utah
RESCISSION OF AMENDED AGREEMENT FOR THE EXCHANGE OF STOCK AND MUTUAL RELEASE OF ALL CLAIMS An Amended Agreement for the Exchange of Stock dated February 3, 1997 (the "Agreement") was entered by Eurotronics Holdings, Inc., a Utah corporation...Eurotronics Holdings Inc • September 23rd, 1997 • Metal mining
An Amended Agreement for the Exchange of Stock dated February 3, 1997 (the "Agreement") was entered by Eurotronics Holdings, Inc., a Utah corporation ("Eurotronics"), InterConnect West, Inc., a Utah corporation ("InterConnect West"), Mark Tolman, an individual, and certain other consultants who brought these parties together (Eurotronics, InterConnect West and Tolman are hereinafter collectively referred to as the "Parties"). Pursuant to the Agreement, Eurotronics was to acquire from Tolman all issued and outstanding shares of InterConnect West, which would have made InterConnect West its wholly owned subsidiary. Eurotronics was to issue 2,300,000 shares of its common stock, par value $0.0001, to Tolman as consideration for his delivery of all of InterConnect West's common shares. These transfers and issuances have not transpired due to the lack of proper funding, delays in obtaining regulatory approval, all of which precluded the proper approval by the shareholders of Eurotronics.
