October 20, 2010 Jerry E. Polis, Manager Triple LATS LLC 980 American Pacific Drive Suite 111 Henderson, NV 89014 Dear Jerry,
Exhibit 2.2
October 20, 2010
Xxxxx X. Xxxxx, Manager
Triple LATS LLC
000 Xxxxxxxx Xxxxxxx Xxxxx
Xxxxx 000
Xxxxxxxxx, XX 00000
Triple LATS LLC
000 Xxxxxxxx Xxxxxxx Xxxxx
Xxxxx 000
Xxxxxxxxx, XX 00000
Dear Xxxxx,
The letter agreement dated October 13, 2010 relating to the sale of 3 parcels of vacant land in
Nevada by ASI Land Holdings, Inc. to Triple LATS, LLC indicated monthly payment of $150,000. This
letter is to confirm that you have agreed to accelerate the payment schedule.
ASI Land Holdings will pay Triple LATS, LLC a one time factoring fee of 2% for each payment made at
least 20 days in advance of the original schedule defined in the September 30 letter. As the
payment milestones are reached, the land will be released from escrow, and the related warrants
will also be issued.
Best Regards,
Xxxxxxx X. Xxxxxx, CPA
Treasurer
Treasurer