Debt Settlement and Subscription AgreementDebt Settlement and Subscription Agreement • November 29th, 2007 • Nolboo & Co. • Search, detection, navagation, guidance, aeronautical sys
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 35 Argo House, Kilburn Road, London, UK. The principal executive office of Nolboo & Co. is located at 501, Jinmi Paragon, 13 Yeouido-dong, Yeoungdeungpo-gu, Seoul, 150-870, Republic of Korea.
