Hk Battery Tech (OTC BB:HKBTD)

The Company at this time intends to seek a merger, combination or other business transaction with a company that develops and/or manufactures battery packs with advanced technologies, and believe that the change of our name will facilitate such efforts. However, the Company has not yet entered into any agreement, nor does it have any commitment or understanding to enter into or become engaged in such a transaction with any party. We have no particular business combination or opportunity identified and have not entered into any negotiations regarding such a combination or opportunity. Our Board of Directors may at any time determine to redirect the Company’s efforts to find a combination or acquisition target to another business or industry.