LETTER OF INTENTLetter of Intent • May 13th, 2015 • Resort Savers, Inc. • Services-miscellaneous amusement & recreation
This Letter of Intent ("Letter of Intent") sets forth the agreement in principal pursuant to which Resort Savers, Inc., a Nevada corporation, by and through its wholly-owned subsidiary Xing Rui International Investment Holding Group Co., Ltd. (collective referred to as "Resort Savers"), and the stockholders of Kashi Jinju Colour Printing Packaging Co. LTD, a Peoples Republic of China corporation ("Kashi Jinju"), will enter into a share exchange agreement whereby the stockholders of Kashi Jinju will exchange eighty percent (80%) of the issued and outstanding shares of common stock of Kashi Jinju for thirty-two million (32,000,000) shares of common stock of Resort Savers. The parties intend to structure the transaction as a share exchange agreement. It is understood that although the parties agree in principle to the contents hereof, any legal obligations of the parties shall only be those set forth herein or in a duly executed agreement between the parties.
