exhibit10-1.htm


    LETTER
OF INTENT

    


    


    


    
      Re:
Acquisition of the common stock of Peopleline Telecom Inc.

      


      by

       

      China
Mobility Solutions, Inc.

       

      and

       

      Edward
Gallagher

    

    


    


    Peopleline
Telecom Inc., a Nevada corporation with offices at Suite – 175 E 15th Ave,
Vancouver, British Columbia V5T 2P6 hereinafter referred to as PPTM
(Seller);

    


    China
Mobility Solutions, Inc., a Florida corporation with registered offices at
407-1270 Robson Street, Vancouver, British Columbia V6E 3Z6 hereinafter referred
to as CHMS (Buyer) are the parties to this Letter of Intent.

     

    It is
intended that the parties shall describe and execute all necessary documents and
will cooperate with each other to the fullest extent possible toward the
objective of consummating the acquisition of PPTM by China Mobility Solutions,
Inc. at the earliest possible date per the attached schedule.


    It is
understood by the parties to this Letter of Intent that both PPTM and CHMS are
publicly owned Corporations that are reporting corporations and, as such, the
acquisition would have to be approved by the majority of shareholders of both
companies pursuant to applicable State laws and in compliance with the U.S. and
state securities laws.

    


    PPTM
management hereby commits to refer to the acquisition plan herein outlined to
the PPTM shareholders with a recommendation for approval. Material matters
relating to the acquisition are as follows:

    


    
      	
              1.  

            	
              Name
      of Peopleline Telecom Inc.

            


    

    
      	
               
      

            	
              A.  The
      Acquisition (“Agreement”) and plan of reorganization (“Plan or
      Reorganization”) will provide for a change of PPTM Management upon
      consummation of the business combination to operate still as Peopleline
      Telecom Inc.

            


    

    


    
      	
              2.  

            	
              Management

            


    

    
      	
               
      

            	
              A.  The
      business combination will provide for the resignation of the current
      officers and directors of PPTM and the election as of the acquisition date
      of a new Board of Directors nominated by
CHMS.

            


    

    


    
      	
              3.  

            	
              PeopleLine
      Telecom Inc.

            


    

    
      	
               
      

            	
              A.  PeopleLine
      Telecom Inc. will be the sole operating subsidiary of the business
      combination.  All other operations of CHMS will be spun-off or
      discontinued.

            


    

    


    
      	
              4.  

            	
              Information
      on Stock

            


    

    
      	
              A.  

            	
              On
      the date of the Acquisition, PPTM will have two hundred million common
      shares, $0.001 par value, common stock authorized. That will be a
      condition precedent to the completion of the business
      combination.

            


    

    


    
      	
              B.  

            	
              As
      of the date of acquisition, PPTM will have forty million three hundred and
      ninety-four thousand four hundred and twenty-seven (40,394,427) shares of
      its common stock outstanding.

            


    

    


    
      	
              C.  

            	
              PPTM
      will propose to its shareholders of currently issued stock that
      immediately prior to the consummation of this business combination, the
      issued and outstanding shares will
be:

            


    

    
      	
              1.  

            	
              No
      more than 40,394,427 common shares held by existing shareholders of
      PPTM.

            


    

    


    
      	
              2.  

            	
              Purchase
      of the Thirty million (30,000,000) PPTM shares held by four (4) existing
      shareholders at $0.015 per share ($450,000) to be facilitated within
      ninety (90) days from the date hereof.  An initial deposit of
      $100,000 on agreeable terms with the remaining $350,000 paid within ninety
      (90) days from the date hereof. Paul Fang shall act as the escrow Lawyer
      for this transaction.

            


    

    


    
      	
              5.  

            	
              The
      company debt of Peopleline Telecom Inc approximating $325,000 will be the
      responsibility of the buyer and new management.  CHMS shall
      secure the approval of at least 75% of its outstanding debenture holder to
      the terms of this transaction.

            


    

    


    
      	
              6.  

            	
              Verification
      of Good Standing and Other clean close considerations will be
      required.

            


    

    


    
      	
              A.  

            	
              PPTM
      will submit a Certificate of Good Standing from the State of
      Nevada.

            


    

    


    
      	
              B.  

            	
              CHMS
      and PPTM will represent that neither party or any of its principal
      officers or directors present to be proposed is subject of any sanctions
      imposed by any Federal or State Securities Agency, except as may otherwise
      be disclosed in writing and become part of the a disclosure to the PPTM
      shareholders as part of the
agreement.

            


    

    


    
      	
              C.  

            	
              PPTM
      and CHMS will represent in writing to each other that each party is not
      currently involved in or threatened by litigation to which it is aware, or
      if such does occur, that such has been disclosed or will be
      disclosed.

            


    

    


    
      	
              D.  

            	
              PPTM
      will provide the parties a current audited financial statement through
      12/31/07 and an unaudited statement as of
  03/31/08.

            


    

    


    
      	
              E.  

            	
              Both
      parties to this Letter of Intent agree to cooperate with each other in
      providing documentation as the other requests for use in preparation of
      their respective statements and the post consolidated
      statement.

            


    

    


    
      	
              F.  

            	
              The
      parties shall each comply with the laws, rule and regulations of every
      appropriate jurisdiction as they apply without regard to the proposed
      acquisition, including without limitation everything incident
      thereto.

            


    

    


    
      	
              7.  

            	
              Responsibility
      of Costs.

            


    

    


    
      	
              A.  

            	
              PPTM
      agrees to pay its legal and accounting
fees.

            


    

    


    
      	
              B.  

            	
              CHMS
      agrees to pay its legal and accounting
fees.

            


    

    


    


    
      	
              8.  

            	
              Final
      Agreement.

            


    

    


    This
Letter of Intent IS NOT the Final Agreement ("Acquisition Agreement") between
the parties, but does represent the terms and conditions, which the parties
understand, will be incorporated into such an Acquisition Agreement. The
Acquisition Agreement shall also contain all customary and usual warranties,
covenants and indemnities. Completion of the transaction is conditional
upon satisfactory completion of due diligence by both parties, respective Board
of Directors and shareholders approval, if required, and other customary closing
conditions.

    


    No
commitment by either party to this Letter of Intent will be binding in the event
of the material discrepancy between the actual operation of financial conditions
and its

    represented
condition as disclosed in the course of the execution of the Acquisition
Agreement.

    


    
      	
              9.  

            	
              Jurisdiction

            


    

    


    The
Agreement will be governed by the jurisdiction of the State of
Nevada.

    


    
      	
              10.  

            	
               Sale
      of PPTM Assets.

            


    

    


    Non-applicable.

    


    
      	
              11.  

            	
              Signatures.

            


    

    


    This
Letter of Intent and the final purchase agreement may be signed in
counterpart.

    


    WHEREAS,
the foregoing Letter of Intent represents the present understanding of the
Parties, each shall so designate by the signature of their authorized
representative on the date and place provided herein.

     

     

    
      
        	
                Dated
      this 5th of June, 2008

                 

              	 	 	 	 
	
                 

                PPTM             

                                                

              	 	
                 

                Cina
      Mobility Solutions, Inc

              	 
	
                /s/ Thompson
      Chu

                     Thompson Chu

                 

              	 	
                 /s/
      Angela
      Du

                
                      
      Angela Du, President

                

              
	
                /s/ Ida
      Chu

                    Ida Chu

                 

                /s/ John
      McDermott

                     John McDermott

                 

                /s/ Russ
      McDermott

                     Russ McDermott

              	 	
                /s/
      Edward
      Gallagher

                    
      Edward Gallagher