EXHIBIT 10.36
AMENDMENT TO LETTER AGREEMENT WITH
TIANJIN CREATE CO. DATED NOVEMBER 7, 2006
[LETTERHEAD]
CHINA WIRELESS COMMUNICATIONS, INC.
November 7, 2006
Xx. Xxxx Xxxx (Xxxxx) Li
President
Tianjin Create IT Company Ltd.
0000 Xxxx Xxxxxxxx X
XXXXXXXX Xxxx, Xxxxxxx
Subject: Cooperation Agreement (CWLC and Create Co.) Extension
Dear Xx. Xxxx Xxxx (Xxxxx) Xx:
We would like to request an extension for final payment to you regarding the
completion of the 51% acquisition of Create Co. to December 31, 2006. This
extension is requested to permit the completion of the remaining balance due to
you to be converted to company restricted common stock and cash.
China Wireless will acquire and own 51% of Create Co. for total assets of
$126,766.72 (i.e.1,041,133.76 RMB). China Wireless has paid Create Co. founders
$13,460.00USD (i.e 206,612RMB), in stock, and $8,000.00USD in cash, as of this
date for a total payment of $21,460.00USD. China Wireless agrees to pay the
founders of Create Co. the balance ($105,306.72USD) no later than December 31,
2006. The effective date of this agreement will be November 7, 2006.
As China Wireless must report this transaction to the United States Securities
and Exchange Commission, you agree to provide any documentation necessary to
reflect and confirm this transaction.
Sincere Regards,
/s/ XXXXX X. XXXXXXX XXX
Xxxxx X. Xxxxxxx XXX (Xxxx)
President & CEO
The above terms are agreeable and approved by Tianjin Create IT Company Ltd.
/s/ XXXX XXXX XX
------------------------------------- --------------------------------
Xx.Xxxx Xxxx (Xxxxx) Xx Date
Cc: Xxxxx Xxx
Xxxxxx Xxxxxxxx
0000 Xxxx Xxxxxxxxx, Xxxxx 000, Xxxxxx, Xxxxxxxx 00000-0000
Office 000.000.0000, Fax 000.000.0000
