January 26, 2011
Exhibit
17.2
January
26, 2011
Board of
Directors
0000 X.
Xxxx Xxxxxxx Xx., #00-2129
Las
Vegas, Nevada 89148
Gentlemen:
Reference is hereby made to that
certain Securities Purchase Agreement (the “Agreement”) by and among Xxx
Xxxxxxxxxx, the individuals listed on the signature pages thereto under the
caption “Seller,” RxBids, a Nevada corporation (the “Company”) and Xxxxxx Services,
Inc., a Utah corporation.
I hereby tender my resignation in all
capacities as an officer or employee of the Company, including without
limitation as President and Chief Executive Officer of the Company, effective
immediately upon the closing of the transactions contemplated by the Agreement
(the “Closing”).
I further hereby tender my resignation
as a member of the Board of Directors of the Company, effective immediately upon
the consummation by the Company of a 1 for 12 reverse stock split of the common
stock of the Company, which is anticipated to occur approximately 10 days
following the Closing.
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Sincerely,
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/s/
Xxxx Xxxxxxx
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Xxxx
Xxxxxxx
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