Money4Gold Holdings, Inc.
EXHIBIT 10.3
Money4Gold Holdings, Inc.
000 X. Xxxxxxx Xxxxxxx, Xxxxx 000
Boca Raton, Florida 33432
September 30, 2009
Xx. Xxxx Xxxxxx
Xxxxxxxxxxxxx.xxx, LLC
000 Xxxxxxxx Xxxxxx
Suite 501
Coral Gables, FL 33134
Re:
Accounts Payable Credit
Dear Umut:
This letter evidences our recent agreement through which Xxxxxxxxxxxxx.xxx, LLC (“Leadcreations”) has agreed to reduce the accounts payable from Money4Gold Holdings, Inc. (the “Company”) by $50,000 in exchange for the Company issuing to Leadcreations 333,334 shares of common stock and 333,334 warrants exercisable at $0.30 per share as provided in the confidential private placement memorandum dated August 20, 2009.
Please complete the subscription agreement and submit it to me at your earliest convenience. Please also execute a copy of this letter agreement evidencing your agreement to its terms.
| Sincerely yours, |
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| /s/ Xxxxxx Xxxxxxx |
| Xxxxxx Xxxxxxx |
| Chief Financial Officer |
We hereby agree to the following:
XXXXXXXXXXXXX.XXX, LLC
By: | /s/ Xxxx Xxxxxx |
| Xxxx Xxxxxx, Manager |