LETTER OF INTENTInternetstudios Com Inc • November 29th, 2004 • Services-business services, nec
Company FiledNovember 29th, 2004 IndustryThe following sets out the basic terms upon which we would be prepared to purchase the Shares. The terms are not comprehensive and we expect that additional terms, including reasonable warranties and representations, will be incorporated into a formal agreement (the "Formal Agreement") to be negotiated. The basic terms are as follows: