Steven R. Fox, DDS 317 Madison Ave Suite 1520 New York, NY 10017
Exhibit 99.1
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Re: Stalar 1, Inc.
Dear ▇▇▇▇▇▇:
This first amendment to that certain letter agreement effectively dated October 11, 2013 (the “Original Letter Agreement”), is to confirm our further agreements, as follows:
| 1. | The parties hereto agree that paragraph number 2. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
| 2. | ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ agrees to purchase 1,022,250 shares (the “Shares”) of ▇▇▇▇▇▇ ▇▇▇’▇ shares of Stalar 1, at a per share purchase price equal to the par value of such shares, or $1,022.25 in the aggregate (the “Purchase Price”). |
| 2. | The parties hereto agree that paragraph number 4. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
| 4. | Following the transfer of the Shares as contemplated herein, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ shall hold approximately 50.00% of the currently issued and outstanding capital stock of Stalar 1. |
| 3. | The parties hereto agree that paragraph number 5. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
| 5. | ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, as additional consideration for such Shares, hereby agrees to reimburse ▇▇▇▇▇▇ ▇▇▇ for 50% of the operating expenses of Stalar 1, and such funding will continue for the foreseeable future and until altered by mutual written consent of the parties hereto. |
ACCEPTED AND AGREED, this 17th day of March, 2014.
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