Triple Dragon Acquisition (0001494919)

WEB NEWS

Thursday, January 6, 2011

Reverse Merger Activity
On December 6, 2010, Triple Dragon Acquisition Corp.  entered into a definitive letter of intent with Henan Xintian Real Estate Co., Ltd., a company organized under the laws of the People’s Republic of China. Pursuant to the Letter of Intent, Xintian shall appoint the Company as its exclusive shell provider in assisting Xintian or its affiliates in going public in the United States. Services to be provided by the Company shall include identifying a Form 10 shell company for Xintian, assisting with the reverse merger between Xintian and the Form 10 shell company, and financing for the post-merger entities. In exchange, Xintian agrees to reimburse the Company for the travel and hotel expenses incurred in performing its duties under the Letter of Intent.


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