INCREASE IN EQUITY LINE OF CREDIT ADDENDUMIncrease in Equity Line of Credit Addendum • February 3rd, 2011 • Penny Auction Solutions Inc
Contract Type FiledFebruary 3rd, 2011 CompanyThis Increase in Equity Line of Credit (the “Increase LOC”) is made as of this 28 day of December 2010 by and between Penny Auction Solutions, Inc., a Nevada corporation (the “Company”), and Kodiak Capital Group, LLC, a Delaware limited liability company (the “Investor”) with respect to the following facts: