Exhibit 10.9
Addendum June/04/01
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Memorandum of Understanding
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May/31/01
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Between:
Buyer: Aquatic Cellulose International Corp. Suite #301 3704 - 32/nd/ Xx.
Xxxxxx, Xxxxxxx Xxxxxxxx X0X 0X0 hereby represented by its president Xxxx
Xxxxxx,
And:
Seller: Xxxxxxx Xxxxxxxx et Fils Ltee, 000 Xxxxx 000, Xxxxxxxxxxx, Xx, Xxxxxx,
X0X 2BO, Tel# (418) 365 - 6130, Fax (418) 365 - 6140.
. Xxxxxxx Xxxxxxxx, Fils Ltee, will be issued R144 stock as of June 04/01.
. Upon the completion of the registration statement ACIC will exchange
Xx. Xxxxxxxx'x R144 stock to free trading common stock according to the
parameters of the Memorandum of Understanding dated May 29/01.
. The tentative date set for the completion of the registration statement and
subsequent issuing of free trading stock shall be July 20/01. Based on this
point of understanding the remaining issuance of shares to complete the
transaction shall be 1 month following or August 20/01.
Signatures
Aquatic Cellulose International Corp.
President/CEO
Signed Signed
Xxxx Xxxxxx Xxxxxxx Xxxxxxxx
/s/ Xxxx Xxxxxx /s/ Xxxxxxx Xxxxxxxx
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