Buddha Steel Inc Common (PINK:AGVO)

On April 28, 2010 Buddah Steel became a public company via a reverse merger transaction.

Company Snapshot:

Leading producer and vendor of high value-added, ultra-thin precision cold rolled steel products.

Industry Snapshot:

• Demand for our products is driven in line with macroeconomic industrial growth both globally and in the PRC. As our end products range from automobiles to appliances, general economic growth underlies our success, especially in China.
  
• China is the largest steel producing country in the world.
  
• Our products, custom ultra thin cold-rolled steel sheets and coils, are a vital component in a variety of industrial products, including but not limited to roofing, appliances, telecommunications equipment, motor vehicles and motor vehicle parts and accessories.
  
• We are the largest manufacturer in Hebei of high precision cold-rolled narrow strip steel. Hebei is the largest steel producing province in China.

Post Merger Share Calculation:

•    125,000: Pre reverse merger outstanding shares  (post 1 for 186 reverser split)
• 9,875,000: Newly issued shares of Common Stock (Via a convertible preferred)

GeoTeam® best effort calculation of total post reverse merger shares assuming full conversions:  10,000,000

Financial Snapshot:

From 2007 through 2009, our revenues have grown at an annualized rate of 28% and we have increased sales of more profitable product lines so that our profit nearly doubled from 2008 to 2009.