Re: Subscription AgreementSubscription Agreement • March 12th, 2013 • Defense Industries International Inc • Retail-miscellaneous retail
This subscription agreement ( the “Agreement”) is being entered into by the parties in anticipation of them completing their negotiations and entering into a share purchase agreement with respect to the investment by Elie Gugenheim, Mexican tax resident with Mexican tax ID number GUDA561011kr8, or his assigns ( the “Investor”), of up to $3 million US dollars in up to 18,297,848 shares of common stock, par value of $.0001(the "Shares") at an average price per share of US$0.164 (the "Average Price per Share") which represents at the date of this Agreement 33.33% of the outstanding share capital on a fully diluted and as converted basis of Defense Industries International, Inc., a Nevada corporation (the “Company”). The share purchase agreement is intended to permit the Investor to acquire up to 33.33% of the outstanding shares of the Company on a fully diluted and as converted basis ( the “SPA” the "Contemplated Transaction" respectively).
