Letter of Intent for Business Transactions (September 12th, 2014)
This binding letter of intent (the "Letter of Intent") is made by and between the following entities: (i) Lotus MMJ Consulting LLC, a Colorado limited liability company ("Lotus"), (ii) DC Brands International, Inc., a Colorado corporation ("DC"), (iii) DC Brands Green Investors, LLC, a Colorado limited liability company ("Green"), and together with Lotus, DC, and DC Green, each a "Party" and collectively the "Parties") and sets forth the general terms and conditions of the Parties' agreement to effectuate a merger of their respective entities (the "Proposed Transaction"). This Letter of Intent contains binding provisions of understanding between the Parties.
CERTIFICATE OF DESIGNATION OF THE SERIES C PREFERRED STOCK SERIES D PREFERRED STOCK SERIES E PREFERRED STOCK SERIES F PREFERRED STOCK SERIES G PREFERRED STOCK (Par Value $0.001 Per Share) OF DC BRANDS INTERNATIONAL, INC. (October 17th, 2012)
I, Bob Armstrong, Chief Financial Officer of DC Brands International, Inc. a Colorado corporation (the "Corporation"), pursuant to the provisions of Section 7-106-101 of the Colorado Revised Statutes, hereby makes this Certificate of Designation under the corporate seal of the Corporation and hereby states and certifies that pursuant to the authority expressly vested in the board of directors of the Corporation by the Articles of Incorporation, the board of directors duly adopted the following resolutions: