Debt Settlement and Subscription Agreement
Exhibit 10.6
Debt Settlement and Subscription Agreement
between Nolboo & Co.
and 2-Track Global, Inc.
The purpose of the transaction described below is for the partial payment of accounts payable from 2-Track Global, Inc. (the "Issuer") to Nolboo & Co..
Nolboo & Co. agrees to settle the outstanding accounts payable as of September 30, 2007 to convert $624,279 worth of accounts receivable into 12,485,580 of the Issuer's restricted common stock with a par value of $0.001 of the Issuer.
The principal executive office of the Issuer is located at 00 Xxxx Xxxxx, Xxxxxxx Xxxx, Xxxxxx, XX. The principal executive office of Nolboo & Co. is located at 501, Jinmi Paragon, 00 Xxxxxxx-xxxx, Xxxxxxxxxxxxx-xx, Xxxxx, 000-000, Xxxxxxxx of Korea.
November 20, 2007
Dated
Nolboo & Co.
/s/ Ok Xx Xxxx
Signature
President : Ok Xx Xxxx
Name/Title
