Proguard Acquisition Corp (OTC:PGRD)

In addition, at the closing of the Reverse Merger, Random Source will purchase 1,700,000 shares of our common stock from our majority shareholders for $304,000, payable $250,000 at closing and the balance in a 90 day secured promissory note. Following such purchase, these shares shall be cancelled and returned to the status of authorized but unissued shares of our common stock. The closing of the Reverse Merger is subject to a number of conditions precedent. We expect to close the transaction in May 2012.

At closing, it is expected that Random Source’s shareholders will own approximately 98.6% of our outstanding common stock, giving effect to the stock repurchase. About Random Source Random Source is an on-line Business to Business (B2B) wholesaler of brand name office products. Its direct-to-customer business model is designed to offer its business, government and educational customers a broad selection of office supplies at lower prices and improved efficiencies when compared to their existing suppliers.

Random Source utilizes its e-commerce websites www.superwarehouse.com, www.superwarehousegov.com and www.randomsource.com) and catalog to showcase its wide selection of merchandise, including general office supplies, business machines and computers, office furniture and other business-related products.