STOCK EXCHANGE AGREEMENT

THIS
STOCK EXCHANGE AGREEMENT (hereinafter referred to as this Agreement), is
entered into as of this 8th day of March, 2005, by and among Red Horse
Entertainment Corporation, a Nevada corporation (Red Horse); Silverstrand
International Holdings Limited (Silverstrand), a limited liability company
organized in the Hong Kong Special Administrative Region in The Peoples Republic of
China (China or PRC); and the persons whose signatures appear at
the foot of this Agreement, being all of the equity registered capital stock owners of
Silverstrand ( the Shareholders), upon the following premises:

PREMISES

A.    
          Red Horse is a non-operating public company which has been in existence since
          1986.

B.    
          Silverstrand owns all of the issued and outstanding shares of registered capital
          of Shenyang Maryland International Industry Company, Ltd., a limited liability
          company organized in Liaoning Province in China (the Subsidiary).

C.    
          The Shareholders of Silverstrand have agreed to sell to Red Horse and Red Horse
          has agreed to purchase all of the issued and outstanding capital stock of
          Silverstrand (the Silverstrand Stock) from the Shareholders in
          exchange for shares representing approximately 91%) of the then issued and
          outstanding diluted shares of common stock of Red Horse after the stock
          exchange, pursuant to the terms and conditions set forth in this Agreement.

D.    
          Silverstrand, together with its foreign Subsidiary, will become a subsidiary of
          Red Horse after the Closing of the Exchange.

AGREEMENT

NOW
THEREFORE, on the stated premises and for and in consideration of the mutual covenants and
agreements hereinafter set forth and the mutual benefits to the parties to be derived here
from, it is hereby agreed as follows:

ARTICLE I

PLAN OF EXCHANGE

1.1  
  The Exchange.  At the Closing (as defined in Section 1.3 below), the Shareholders of
Silverstrand hereby agree to assign, transfer, and deliver to Red Horse, free and clear of
all liens, pledges, encumbrances, charges, restrictions, or known claims of any kind,
nature, or description, the certificates evidencing the Silverstrand Stock duly endorsed
for transfer to Red Horse or accompanied by stock powers executed in blank by the
Shareholders, and Red Horse agrees to acquire such shares on such date by issuing and
delivering in exchange therefore solely shares of Red Horse common stock, in the amount of
10,102,333 shares of its common voting stock, par value $0.001 (the Red Horse
Stock)

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to be issued to the Shareholders of Silverstrand and their designees as
listed on Schedule 1 in full satisfaction of any right or interest which the Shareholders
held in the Silverstrand Stock. As a result of the exchange of the Silverstrand Stock in
exchange for the Red Horse Stock, Silverstrand will become a subsidiary of Red Horse and
the Shareholders of Silverstrand and his designees will own approximately 91% of the then
issued and outstanding common stock of Red Horse.

1.2    
Anti-Dilution.   For all relevant purposes of this Agreement, the 10,102,330 shares
of Red Horse Stock to be issued and delivered pursuant to this Agreement to the
Shareholders of Silverstrand, will not be subject to further change or adjustment. The
number of shares of Red Horse Stock and all shares of stock covered by existing options
shall be appropriately adjusted to take into account any other stock split, stock
dividend, reverse stock split, recapitalization, or similar change in the Red Horse common
stock, par value $0.001, which may occur between the date of the execution of this
Agreement and the date of delivery of such shares.

1.3    
Closing.   Subject to the conditions of Section 5.1, the closing
(Closing) of the transactions contemplated by this Agreement shall be at 10:00
AM Salt Lake City time on the fifth business day (a day on which banks are open in the
State of Utah) following the date on which Silverstrand delivers to Red Horse the
Consolidated US Financial Statements (as that term is defined in Section 5.1) at the
offices of Parsons Behle & Latimer, 201 South Main Street, Suite 1800, Salt Lake City,
Utah, or on a date and at such time and place as the parties may agree (Closing
Date).

1.4    
Closing Events.   At the Closing, each of the respective parties hereto shall
execute, acknowledge, and deliver (or shall cause to be executed, acknowledged, and
delivered) any and all certificates, opinions, financial statements, schedules,
agreements, resolutions, rulings, or other instruments required by this Agreement to be so
delivered at or prior to the Closing, together with such other items as may be reasonably
requested by the parties hereto and their respective legal counsel in order to effectuate
or evidence the transactions contemplated hereby if agreed to by the parties.

ARTICLE II

REPRESENTATIONS,
COVENANTS, AND WARRANTIES OF SILVERSTRAND

As
an inducement to, and to obtain the reliance of, Red Horse, Silverstrand represents and
warrants as follows:

2.1    
Organization.   Silverstrand is a company duly organized, validly existing, and in
good standing under the laws of the Hong Kong Special Administrative Region in The
Peoples Republic of China (PRC). Shenyang Maryland International, Ind.
Co., Ltd. is a company duly organized, validly existing, and in good standing under the
laws of the Hong Kong Special Administration Region in the PRC. Shenyang Maryland
Development Company Limited is a limited liability company duly organized, validly
existing, and in good standing under the laws of Liaoning Province in the PRC. Each of
Silverstrand and its Subsidiary has the power and is duly authorized, qualified,
franchised, and licensed under all applicable laws, regulations, ordinances, and orders of
public authorities to own all of

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its properties and assets and to carry on their
respective businesses in all material respects as it is now being conducted, including
qualification to do business as a foreign corporation in the states in which the character
and location of the assets owned by it or the nature of the business transacted by it
requires qualification. The execution and delivery of this Agreement does not, and the
consummation of the transactions contemplated by this Agreement in accordance with the
terms hereof will not, violate any provision of any of Silverstrands and its
Subsidiarys charters, articles of formation, bylaws or other organizational
documents. Silverstrand has taken all action required by laws, its articles of
incorporation, its bylaws, or otherwise to authorize the execution and delivery of this
Agreement. Silverstrand has full power, authority, and legal right and has taken all
action required by law, its certificate of incorporation, bylaws, and otherwise to
consummate the transactions herein contemplated.

2.2    
Capitalization.   The authorized capitalization of Silverstrand consists of
80,000,000 shares of ordinary stock, par value HK$1, of which 41,500,000 shares are
currently issued and outstanding. All issued and outstanding shares are legally issued,
fully paid, and non-assessable and not issued in violation of the pre-emptive or other
rights of any person. Silverstrand has not granted to any person any options, warrants, or
rights to purchase any shares of its registered capital or issued any securities
convertible to shares of its registered capital.

2.3    
Subsidiaries and Predecessor Corporations.   Silverstrand owns 100% of the shares of
registered capital of Shenyang Maryland International Industry Company, Ltd., and none of
Silverstrand nor its Subsidiary owns, beneficially or of record, any shares of any other
corporation, partnership, company, limited company, or other business entity.

| | (a) | Silverstrand previously delivered to Red Horse its consolidated audited balance
                    sheets as of December 31, 2003 and 2002 of Shenyang Maryland International, Ind.
                    Co., Ltd., and the related audited statements of operations, stockholders
                    equity and cash flows for the years ended December 31, 2003 and 2002, together
                    with notes to such statements and the opinion of Henny Wee & Co.,
                    independent certified public accountants, with respect thereto, and the
                    unaudited balance sheet of Shenyang Maryland International, Ind. Co., Ltd. as of
                    December 31, 2004 (the most recent Silverstrand balance sheet), and the related
                    statements of operations, condensed consolidated stockholders equity, and
                    consolidated cash flow for the twelve (12) months ended December 31, 2004, or as
                    of a subsequent date, together with the notes thereto. All of these consolidated
                    financial statements are included in the Silverstrand Schedules.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | All such financial statements of Shenyang Maryland International, Ind. Co., Ltd.
                    have been prepared in accordance with generally accepted accounting principles
                    in Hong Kong. The balance sheets of Shenyang Maryland International, Ind. Co.,
                    Ltd., present fairly as of their date the consolidated financial condition of
                    Shenyang Maryland International, Ind. Co., Ltd. Shenyang Maryland International,
                    Ind. Co., Ltd. did not have, as of the date of such consolidated balance sheets,
                    except as and to the extent reflected or reserved against therein, any
                    liabilities or obligations (absolute or contingent) which should be reflected in
                    the consolidated balance sheets or the notes
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| |  | thereto, prepared in accordance
                    with generally accepted accounting principles in Hong Kong, and all assets
                    reflected therein will be properly reported and present fairly the value of the
                    assets of Shenyang Maryland International, Ind. Co., Ltd. in accordance with
                    such generally accepted accounting principles. The statements of income,
                    condensed stockholders equity, and cash flows will reflect fairly the
                    information required to be set forth therein by generally accepted accounting
                    principles in Hong Kong.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Each of Silverstrand and its Subsidiary has filed all local income tax returns
                    required to be filed by them from inception to the date hereof and all taxes
                    have been paid. Each of Silverstrand and its Subsidiary have filed all national,
                    province, and local income tax returns required to be filed by them from
                    inception to the date hereof and all taxes have been paid. None of such income
                    tax returns have been examined or audited in the PRC.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | None of Silverstrand and its Subsidiary owe any unpaid national, province,
                    county, local, or other taxes (including any deficiencies, interest, or
                    penalties), except for taxes accrued but not yet due and payable for which
                    Silverstrand and its Subsidiary may be liable in their own right or as a
                    transferee of the assets of, or as a successor to, any other corporation or
                    entity. Furthermore, except as accruing in the normal course of business, none
                    of Silverstrand and its Subsidiary owes any accrued and unpaid taxes to the date
                    of this Agreement.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | The books and records, financial and otherwise, of each of Silverstrand and its
                    Subsidiary are in all material respects complete and correct and have been
                    maintained in accordance with good business and accounting practices.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (f) | Each of Silverstrand and its Subsidiary has good and marketable title to their
                    assets and, except as set forth in the Silverstrand Schedules or the most recent
                    Silverstrand balance sheet or the notes thereto, has no material contingent
                    liabilities, direct or indirect, matured or unmatured.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2.5    
Information.  The information concerning Silverstrand and its Subsidiary set forth
in this Agreement and in the Silverstrand Schedules is complete and accurate in all
material respects and does not contain any untrue statement of a material fact or omit to
state a material fact required to make the statements made, in light of the circumstances
under which they were made, not misleading.

2.6    
Options or Warrants.   There are no existing options, warrants, calls, or commitments
of any character relating to the authorized and unissued Silverstrand common stock.

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2.7    
Absence of Certain Changes or Events.   Except as set forth in this Agreement or the
Silverstrand Schedules, from the date of the most recent Silverstrand balance sheet to
the Closing

| | (a) | except in the normal course of business, there will not be (i) any material
                    adverse change in the business, operations, properties, assets, or condition of
                    Silverstrand and its Subsidiary, individually or taken as a whole; or (ii) any
                    damage, destruction, or loss to any of Silverstrand and its Subsidiary (whether
                    or not covered by insurance) materially and adversely affecting the business,
                    operations, properties, assets, or condition of Silverstrand and its Subsidiary,
                    individually or taken as a whole;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | None of Silverstrand and its Subsidiary will have (i) amended their charter or
                    organizational documents; (ii) declared or made, or agreed to declare or make,
                    any payment of dividends or distributions of any assets of any kind whatsoever
                    to stockholders or purchased or redeemed, or agreed to purchase or redeem, any
                    of its capital stock; (iii) waived any rights of value which in the aggregate
                    are extraordinary or material considering the business of Silverstrand and its
                    Subsidiary; (iv) made any material change in its method of management,
                    operation, or accounting (other than as contemplated in Section 5.1 for the
                    Consolidated US Financial Statements); (v) entered
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | into any other material
                    transaction which is not in the ordinary course of business; (vi) made any
                    accrual or arrangement for payment of bonuses or special compensation of any
                    kind or any severance or termination pay to any present or former officer or
                    employee; (vii) increased the rate of compensation payable or to become payable
                    by it to any of its officers or directors or any of its employees whose monthly
                    compensation exceeds $20,000; or (viii) made any increase in any profit sharing,
                    bonus, deferred compensation, insurance, pension, retirement, or other employee
                    benefit plan, payment, or arrangement made to, for, or with its officers,
                    directors, or employees; and
| |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | None of Silverstrand and its Subsidiary will have (i) borrowed or agreed to
                    borrow any funds or incurred, or become subject to, any material obligation or
                    liability (absolute or contingent) except borrowings in the ordinary course of
                    business or borrowings involving one or a series of related borrowings exceeding
                    $1,000,000 in the aggregate; (ii) paid any material obligation or liability not
                    otherwise in the ordinary course of business (absolute or contingent) other than
                    current liabilities reflected in or shown on the most recent Silverstrand
                    balance sheet, and current liabilities incurred since that date in the ordinary
                    course of business; (iii) sold or transferred, or agreed to sell or transfer,
                    any of its assets, properties, or rights not otherwise in the ordinary course of
                    business (except assets, properties, or rights not used or useful in its
                    business which, in the aggregate have a value of less than $100,000), or
                    canceled, or agreed to cancel, any debts or claims (except debts or claims which
                    in the aggregate are of a value of less than $100,000); (iv) made or permitted
                    any amendment or termination of any contract, agreement, or license to which any
                    of them is a party, except for any such contracts, or amendments or
                    terminations, in the ordinary course of business or any such contracts or
                    amendments or terminations that provide for aggregate consideration over the
                    terms of the contract in excess of $1,000,000; or (v) issued, delivered, or
                    agreed to issue or deliver any stock, bonds or other corporate securities
                    including debentures (whether authorized and unissued or held as treasury
                    stock).
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For purposes of this Agreement the
terms Material Adverse Change and Material Adverse Effect mean an
adverse change or effect that a reasonable person would attach importance to in evaluating
the party to which it relates, the partys business or financial condition, or the
transactions herein contemplated.

2.8    
Title and Related Matters.   Shenyang Maryland International, Ind. Co., Ltd. has good
and marketable title to all of its properties, inventory, interests in properties, and
assets, real and personal, which will be reflected in the most recent Silverstrand balance
sheet free and clear of all liens, pledges, charges, or encumbrances. At Closing,
Silverstrand and its Subsidiary will have good and marketable title to all of its
properties, inventory, interests in properties, and assets, real and personal, reflected
in the Consolidated US Balance Sheet (as that term is defined in Section 5.1) or acquired
after that date (except properties, interests in properties, and assets sold or otherwise
disposed of since such date in the ordinary course of business), free and clear of all
liens, pledges, charges, or encumbrances except

| | (a) | as such assets may be affected by laws of the Hong Kong Special Administrative
                    Region and The Peoples Republic of China;
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| | (b) | statutory liens or claims not yet delinquent; and
| | --- | -------------------------------------------------

| | (c) | such imperfections of title and easements as do not and will not materially
                    detract from or interfere with the present or proposed use of the properties
                    subject thereto or affected thereby or otherwise materially impair present
                    business operations on such properties;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Except as set forth in the
Silverstrand Schedules, each of Silverstrand and its Subsidiary own, free and clear of any
liens, claims, encumbrances, royalty interests, or other restrictions or limitations of
any nature whatsoever, any and all properties it is currently constructing and all
procedures, techniques, marketing plans, business plans, methods of management, or other
information utilized in connection with its or their business. Except as set forth in the
Silverstrand Schedules, no third party has any right to, and none of Silverstrand or its
Subsidiary has received any notice of infringement of or conflict with asserted rights of
others with respect to any product, technology, data, trade secrets, know-how, proprietary
techniques, trademarks, service marks, trade names, or copyrights which, singly or in the
aggregate, if the subject of an unfavorable decision, ruling, or finding, would have a
materially adverse affect on the business, operations, financial condition, income, or
business prospects of Silverstrand or its Subsidiary or any material portion of its or
their properties, assets, or rights, individually or taken as a whole.

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2.9    
Litigation and Proceedings.  Except as set forth in the Silverstrand Schedules,
there are no actions, suits, proceedings, or investigations pending or, to the knowledge
of either Silverstrand or the Shareholders after reasonable investigation, threatened by
or against any of Silverstrand and its Subsidiary, or affecting any of Silverstrand and
its Subsidiary or their respective properties, at law or in equity, before any court or
other governmental agency or instrumentality, domestic or foreign, or before any
arbitrator of any kind. Neither Silverstrand nor the Shareholders have any knowledge of
any default on the part of any of Silverstrand and its Subsidiary with respect to any
judgment, order, writ, injunction, decree, award, rule, or regulation of any court,
arbitrator, or governmental agency or instrumentality or of any circumstances which, after
reasonable investigation, would result in the discovery of such a default.

2.10    Contracts.

| | (a) | Included in the Silverstrand Schedules are , copies of all material contracts,
                    agreements, franchises, license agreements, or other commitments to which any of
                    Silverstrand and its Subsidiary is a party or by which any of them or their
                    respective assets, products, technology, or properties are bound, that have been
                    reasonably requested by Red Horse;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | All contracts, agreements, franchises, license agreements, and other commitments
                    to which any of Silverstrand and its Subsidiary are parties or by which their
                    respective properties are bound and which are material to the operations of them
                    individually or taken as a whole are valid and enforceable in all respects by
                    the one or more of Silverstrand and its Subsidiary that is a party thereto,
                    except as limited by bankruptcy and insolvency laws and by other laws affecting
                    the rights of creditors generally; and
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| | (c) | Except as described in the Silverstrand Schedules, none of Silverstrand and its
                    Subsidiary is a party to or bound by, and none of the properties of any of
                    Silverstrand and its Subsidiary is subject to, any contract, agreement, other
                    commitment or instrument; any charter or other corporate restriction; or any
                    judgment, order, writ, injunction, decree, or award which materially and
                    adversely affects, or in the future may (as far as Silverstrand or the
                    Shareholders can now foresee) materially and adversely affect, the business,
                    operations, properties, assets, or condition of any of Silverstrand and its
                    Subsidiary, individually or taken as a whole.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2.11    
Material Contract Defaults.   None of Silverstrand and its Subsidiary is in default
in any material respect under the terms of any outstanding contract, agreement, lease, or
other commitment which is material to its or their business, operations, properties,
assets, or condition of Silverstrand and its Subsidiary and there is no event that has
occurred which presently or with the passage of time, could result in a material default
in any material respect under any such contract, agreement, lease, or other commitment in
respect of which any of Silverstrand and its Subsidiary have not taken adequate steps to
prevent such a default from occurring.

2.12    
No Conflict With Other Instruments.   The execution of this Agreement and the
consummation of the transactions contemplated by this Agreement will not result in the
breach of any term or provision of, or constitute an event of default under, any material
indenture, mortgage, deed of trust, or other material contract, agreement, or instrument
to which any of Silverstrand and its Subsidiary is a party or to which any of their
respective properties or operations are subject.

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2.13    
Compliance With Laws and Regulations.   Each of Silverstrand and its Subsidiary have
complied with all applicable statutes and regulations of any national, province, county,
city, local or other governmental entity or agency thereof, except to the extent that
noncompliance would not materially and adversely affect the business, operations,
properties, assets, or condition of any of Silverstrand and its Subsidiary or except to
the extent that noncompliance would not result in the incurrence of any material liability
for any of Silverstrand or its Subsidiary.

2.14    
Approval of Agreement.  The board of directors of Silverstrand has authorized the
execution and delivery of this Agreement by Silverstrand, and has or will have approved
the transactions contemplated hereby.

2.15    
Foreign Person and Activity Regulations.

| | (a) | None of Silverstrand, any of the Subsidiary, the Shareholders, or any other
                    person who otherwise controls any of Silverstrand and the Subsidiary is or shall
                    be (i) listed on the Specially Designated Nationals and Blocked Persons List
                    maintained by the Office of Foreign Assets Control (OFAC),
                    Department of the Treasury, and/or on any other similar list maintained by OFAC
                    pursuant to any authorizing statute, Executive Order or regulation
                    (collectively, OFAC Laws and Regulations), (ii) a Designated
                    National as defined in the Cuban Assets Control Regulations, 31 C.F.R.
                    Part 515, or (iii) a person designated under Paragraph 1 (b), (c) or (d) of
                    Executive Order No. 13224 (September 23, 2001), any related enabling legislation
                    or any other similar Executive Orders (collectively, the Executive
                    Orders); and each of Silverstrand and the Subsidiary and the Shareholders
                    are in compliance with all OFAC Laws and Regulations, Executive Orders and
                    related government guidance;
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| | (b) | None of Silverstrand, the Subsidiary, the Shareholders, or any other person who
                    otherwise controls any of Silverstrand and the Subsidiary (i) is under
                    investigation by any governmental authority for, or has been charged with, or
                    convicted of, money laundering (under either 18 U.S.C. Paragraph 1956 or 1957),
                    or drug trafficking, terrorist-related activities or other money laundering
                    predicate crimes or a violation of the Bank Secrecy Act laws (31 U.S.C.
                    Paragraphs 5311, et seq.), (ii) has been assessed civil penalties under these or
                    related laws (collectively, Anti-Money Laundering Laws), or (iii)
                    has had any of its funds seized or forfeited in an action under Anti-Money
                    Laundering Laws; and
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| | (c) | None of Silverstrand, the Subsidiary, the Shareholders, or any other person who
                    is or was affiliated or associated as an officer, employee, agent, consultant,
                    or in any other capacity with any of Silverstrand and the Subsidiary has, during
                    the five-year period ended December 31, 1004 and from that date to the Closing
                    engaged in any act or practice that could reasonably be construed as a violation
                    of any of the provisions of the Foreign Corrupt Practices Act, 15 U.S.C. 78dd-1
                    et seq. or any rule or regulation pertaining thereto.
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2.16    
Silverstrand Schedules.  Silverstrand has delivered to Red Horse or will deliver, as
soon as practicable but in no event less than 10 days prior to the Closing, the following
schedules, which are collectively referred to as the Silverstrand Schedules
and which consist of separate schedules, all of which are complete, true, and correct in
all material respects.

| | (a) | a schedule containing complete and correct copies of the organizational
                    documents, as amended, of each Silverstrand and its Subsidiary in effect as of
                    the date of this Agreement;
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| | (b) | a schedule containing the financial statements of Silverstrand and its
                    Subsidiary identified in paragraph 2.4(c);
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| | (c) | a schedule if requested by Red Horse, containing true and correct copies of all
                    material contracts, agreements, or other instruments to which any of
                    Silverstrand and its Subsidiary is a party or by which any of them or their
                    properties is bound, specifically including all contracts, agreements, or
                    arrangements referred to in Section 2.10;
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | a schedule setting forth a description of any material adverse change in the
                    business, operations, property, inventory, assets, or condition of Silverstrand
                    or its Subsidiary since the date of the most recent Silverstrand Balance Sheet,
                    required to be provided pursuant to section 2.7 hereof; and
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| | (e) | a schedule setting forth any other information, together with any required
                    copies of documents, required to be disclosed in the Silverstrand Schedules by
                    sections 2.1 through 2.16.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Each of the Silverstrand Schedules
shall be produced through delivery of a hard paper copy of the original and an electronic
Microsoft Word or HTML formatted copy of the original, and if the original is in a
language other than English, shall be produced through delivery of a hard paper copy of
the original and an electronic Microsoft Word or HTML formatted copy of the original
foreign language version and an English translation, certified by the translator as a
complete and accurate translation from the original. Silverstrand and the Shareholders
shall cause the Silverstrand Schedules and the instruments and data delivered to Red Horse
hereunder to be updated after the date hereof up to and including the Closing Date.

ARTICLE III

REPRESENTATIONS,
COVENANTS, AND WARRANTIES OF THE SHAREHOLDERS OF
SILVERSTRAND

As
an inducement to, and to obtain reliance of Red Horse, the Shareholders further represent
and warrant as follows:

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3.1    
Ownership of Silverstrand Shares.   The Silverstrand Shareholders hereby represent
and warrant with respect to themselves that they are the legal and beneficial owners of
all of the issued and outstanding shares of Silverstrands registered capital and
ordinary shares free and clear of any claims, charges, equities, liens, security
interests, and encumbrances whatsoever, and that such Shareholders have full right, power,
and authority to transfer, assign, convey, and deliver their Silverstrand shares; and
delivery of such shares at the Closing will convey to Red Horse good and marketable title
to such shares free and clear of any claims, charges, equities, liens, security interests,
and encumbrances whatsoever.

3.2    
Exemption From Registration.   The Shareholders represent that the Shares are being
acquired without a view to, or for, resale in connection with any public distribution of
the Shares or any interest therein without registration or other compliance under the
Securities Act of 1933, as amended (the 1933 Act) and that the Shareholder has
no direct or indirect participation in any such undertaking or in the underwriting of such
an undertaking. The Shareholders understand that the Shares to be acquired pursuant to
this Agreement have not been registered under the 1933 Act with the Securities and
Exchange Commission (the SEC) in reliance upon the exemptions from the
registration requirements thereof afforded by Section 4(2) of the 1933 Act and/ or Rule
506 of Regulation D adopted thereunder, nor with any state securities commission or
agency. The Shareholders agree and acknowledge that the Shares will be restricted
securities within the meaning of Rule 144 adopted under the 1933 Act, and Red Horse
will issue stop transfer instructions to its registrar and transfer agent prohibiting the
transfer of the Shares of Red Horse delivered under this Agreement. The Shareholders
acknowledge that the Shares must be held and may not be sold, transferred, or otherwise
disposed of for value unless they are subsequently registered under the 1933 Act or an
exemption from such registration is available. The certificates representing the Shares
will bear a legend restricting transfer, except in compliance with applicable federal and
state securities statutes.

3.3    
Investor Status.   Each Shareholder is an accredited investor as defined
in Rule 501(a) under the 1933 Act.

ARTICLE IV

REPRESENTATIONS,
COVENANTS, AND WARRANTIES OF RED HORSE

As
an inducement to, and to obtain the reliance of Silverstrand and the Shareholders, Red
Horse represents and warrants as follows:

4.1    
Organization.   Red Horse is a corporation duly organized, validly existing, and in
good standing under the laws of the State of Nevada, and has the corporate power and is
duly authorized, qualified, franchised, and licensed under all applicable laws,
regulations, ordinances, and orders of public authorities to own all of its properties and
assets and to carry on its business in all material respects as it is now being conducted,
and there is no jurisdiction in which it is not qualified in which the character and
location of the assets owned by it or the nature of the business transacted by it requires
qualification. Included in the Red Horse Schedules (as hereinafter defined) are complete
and correct

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copies of the articles of incorporation and bylaws of Red Horse, and all
amendments thereto, as in effect on the date hereof. The execution and delivery of this
Agreement does not, and the consummation of the transactions contemplated hereby will not,
violate any provision of Red Horses articles of incorporation or bylaws. Red Horse
has taken all action required by law, its articles of incorporation, its bylaws, or
otherwise to authorize the execution and delivery of this Agreement, and Red Horse has
full power, authority, and legal right to consummate the transactions herein contemplated.

4.2    
Capitalization.   Red Horses authorized capitalization consists of 50,000,000
shares of common stock, par value $0.001, of which 455,073 shares are issued and
outstanding. All issued and outstanding shares are legally issued, fully paid, and
non-assessable and not issued in violation of the pre-emptive or other rights of any
person.

4.3    
Subsidiaries.   Red Horse does not have any Subsidiaries and does not own,
beneficially or of record, any shares of any other corporation.

4.4    
Financial Statements.

| | (a) | Included in the Red Horse Schedules and the audited balance sheets of Red Horse
                    as of December 31, 2003 and 2002, and the audited statements of operations,
                    stockholders equity, and cash flow for the two fiscal years ended December
                    31, 2003 together with the notes to such statements and the opinion of HJ
                    Associates & Consultants, LLP, independent certified public accountants,
                    with respect thereto; and the unaudited balance sheet of Red Horse as of
                    September 30, 2004 (the most recent Red Horse balance sheet), and
                    the related unaudited statements of operations, stockholders equity, and
                    cash flow for the nine-month period ended September 30, 2004, together with the
                    notes to such statements.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | All such financial statements have been prepared in accordance with generally
                    accepted accounting principles in the United States consistently applied
                    throughout the periods involved. The Red Horse balance sheets present fairly as
                    of their respective dates the financial condition of Red Horse. Red Horse did
                    not have as of the date of any such Red Horse balance sheet, except as and to
                    the extent reflected or reserved against therein, any liabilities or obligations
                    (absolute or contingent) which should be reflected in a balance sheet or the
                    notes thereto prepared in accordance with generally accepted accounting
                    principles, and all assets reflected therein are properly reported and present
                    fairly the value of the assets of Red Horse, in accordance with generally
                    accepted accounting principles. The statements of operations, stockholders
                    equity, and cash flow reflect fairly the information required to be set forth
                    therein by generally accepted accounting principles.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Red Horse has no liabilities with respect to the payment of any federal, state,
                    county, local, or other taxes (including any deficiencies, interest, or
                    penalties), except for taxes accrued but not yet due and payable.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

11

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| | (d) | Red Horse has filed all federal, state, or local income tax returns required to
                    be filed by it for the years ended December 31, 2003, 2002, and 2001 and
                    included in the Red Horse Schedules are true and correct copies of said federal
                    income tax returns of Red Horse filed . None of such federal income tax returns
                    have been examined by the Internal Revenue Service. Each of such income tax
                    returns reflects the taxes due for the period covered thereby, except for
                    amounts which, in the aggregate, are immaterial.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | The books and records, financial and otherwise, of Red Horse are in all material
                    respects complete and correct and have been maintained in accordance with good
                    business and accounting practices.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (f) | Red Horse has good and marketable title to its assets and, except as set forth
                    in the Red Horse Schedules or the Financial Statements of Red Horse or the notes
                    thereto, has no material contingent liabilities, direct or indirect, matured or
                    unmatured.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4.5    
Information.   The information concerning Red Horse set forth in this Agreement and
the Red Horse Schedules is complete and accurate in all material respects and does not
contain any untrue statement of a material fact or omit to state a material fact required
to make the statements made, in light of the circumstances under which they were made, not
misleading.

4.6    
Options or Warrants.   Except as set forth in the Red Horse Schedules, there are no
existing options, warrants, calls, convertible notes, derivative securities or commitments
of any character relating to authorized and unissued stock of Red Horse, except options,
warrants, calls, convertible notes, derivative securities or commitments, if any, to which
Red Horse is not a party and by which it is not bound.

4.7  
Absence of Certain Changes or Events.   Except as described herein or in the Red
Horse Schedules, since the date of the most recent Red Horse balance sheet:

| | (a) | there has not been (i) any material adverse change in the business, operations,
                    properties, assets, or condition of Red Horse(whether or not covered by
                    insurance) materially and adversely affecting the business, operations,
                    properties, assets, or condition of Red Horse;
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Red Horse has not (i) recently amended its articles of incorporation or bylaws;
                    (ii) declared or made, or agreed to declare or make any payment of dividends or
                    distributions of any assets of any kind whatsoever to stockholders or purchased
                    or redeemed, or agreed to purchase or redeem, any of its capital stock; (iii)
                    waived any rights of value which in the aggregate are extraordinary or material
                    considering the business of Red Horse; (iv) made any material change in its
                    method of management, operation, or accounting; (v) entered into any other
                    material transactions; (vi) made any
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

12

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| |  | accrual or arrangement for or payment of
                    bonuses or special compensation of any kind or any severance or termination pay
                    to any present or former officer or employee; (vii) increased the rate of
                    compensation payable or to become payable by it to any of its officers or
                    directors or any of its employees whose monthly compensation exceeds $1,000; or
                    (viii) made any increase in any profit sharing, bonus, deferred compensation,
                    insurance, pension, retirement, or other employee benefit plan, payment, or
                    arrangement, made to, for, or with its officers, directors, or employees;
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Red Horse has not (i) granted or agreed to grant any options, warrants, or other
                    rights for its stocks, bonds, or other corporate securities calling for the
                    issuance thereof; (ii) borrowed or agreed to borrow any funds or incurred, or
                    become subject to, any material obligation or liability (absolute or contingent)
                    except liabilities incurred in the ordinary course of business; (iii) paid or
                    agreed to pay any material obligation or liability (absolute or contingent)
                    other than current liabilities reflected in or shown on the most recent Red
                    Horse balance sheet and current liabilities incurred since that date in the
                    ordinary course of business and professional and other fees and expenses
                    incurred in connection with the preparation of this Agreement and the
                    consummation of the transactions contemplated hereby; (iv) sold or transferred,
                    or agreed to sell or transfer, any of its assets, property, or rights (except
                    assets, property, or rights not used or useful in its business which, in the
                    aggregate have a value of less than $1,000), or canceled, or agreed to cancel,
                    any debts or claims (except debts or claims which in the aggregate are of a
                    value of less than $1,000); (v) made or permitted any amendment or termination
                    of any contract, agreement, or license to which it is a party if such amendment
                    or termination is material, considering the business of Red Horse; or (vi)
                    issued, delivered, or agreed to issue or deliver any stock, bonds, or other
                    corporate securities including debentures (whether authorized and unissued or
                    held as treasury stock), except in connection with this Agreement; and
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | to the best knowledge of Red Horse, it has not become subject to any law or
                    regulation which materially and adversely affects, or in the future may
                    adversely affect, the business, operations, properties, assets, or condition of
                    Red Horse.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4.8    
Title and Related Matters.   Red Horse has good and marketable title to all of its
properties, interest in properties, and assets, real and personal, which are reflected in
the Red Horse balance sheet or acquired after that date (except properties, interest in
properties, and assets sold or otherwise disposed of since such date in the ordinary
course of business), free and clear of all liens, pledges, charges, or encumbrances except

| | (a) | statutory liens or claims not yet delinquent;
| | --- | ---------------------------------------------

| | (b) | such imperfections of title and easements as do not and will not materially
                    detract from or interfere with the present or proposed use of the properties
                    subject thereto or affected thereby or otherwise materially impair present
                    business operations on such properties; and
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

13

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| | (c) | as described in the Red Horse Schedules.
| | --- | ----------------------------------------

4.9    
Litigation and Proceedings.   There are no actions, suits, or proceedings pending or,
to the knowledge of Red Horse, threatened by or against or affecting Red Horse, at law or
in equity, before any court or other governmental agency or instrumentality, domestic or
foreign, or before any arbitrator of any kind. Red Horse does not have any knowledge of
any default on its part with respect to any judgment, order, writs, injunction, decree,
award, rule, or regulation of any court, arbitrator, or governmental agency or
instrumentality.

4.10    
Contracts.   Red Horse is not a party to any material contract, agreement, or other
commitment, except as specifically disclosed in its schedules to this Agreement.

4.11    
No Conflict With Other Instruments.   The consummation of the transactions
contemplated by this Agreement will not result in the breach of any term or provision of,
or constitute a default under, any indenture, mortgage, deed of trust, or other material
agreement or instrument to which Red Horse is a party or to which it or any of its assets
or operations are subject.

4.12    
Governmental Authorizations.   Red Horse has all licenses, franchises, permits, and
other government authorizations, that are legally required to enable it to conduct its
business operations in all material respects as conducted on the date hereof. Except for
compliance with federal and state securities or corporation laws, as hereinafter provided,
no authorization, approval, consent, or order of, or registration, declaration, or filing
with, any court or other governmental body is required in connection with the execution
and delivery by Red Horse of this Agreement and the consummation by Red Horse of the
transactions contemplated hereby.

4.13    
Compliance With Laws and Regulations.   To the best of its knowledge, Red Horse has
complied with all applicable statutes and regulations of any federal, state, or other
applicable governmental entity or agency thereof, except to the extent that noncompliance
would not materially and adversely affect the business, operations, properties, assets, or
conditions of Red Horse or except to the extent that noncompliance would not result in the
incurrence of any material liability. This compliance includes, but is not limited to, the
filing of all reports to date with the U.S. Securities and Exchange Commission and state
securities authorities.

4.14    
Insurance.   Red Horse owns no insurable properties and carries no casualty or
liability insurance.

14

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4.15    
Approval of Agreement.   The board of directors of Red Horse has authorized the
execution and delivery of this Agreement by Red Horse and has approved this Agreement and
the transactions contemplated hereby.

4.16    
Continuity of Business Enterprises.   Red Horse has no commitment or present
intention to liquidate Red Horse or sell or otherwise dispose of a material portion of its
business or assets following the consummation of the transactions contemplated hereby.

4.17    
Material Transactions of Affiliations.   Except as disclosed herein and in the Red
Horse Schedules, there exists no material contract, agreement, or arrangement between Red
Horse and any person who was at the time of such contract, agreement, or arrangement an
officer, director, or person owning of record or known by Red Horse to own beneficially,
10% or more of the issued and outstanding common stock of Red Horse and which is to be
performed in whole or in part after the date hereof or was entered into not more than
three years prior to the date hereof. Neither any officer, director, nor 10% shareholders
of Red Horse has, or has had during the last preceding full fiscal year, any known
interest in any material transaction with Red Horse which was material to the business of
Red Horse. Red Horse has no commitment, whether written or oral, to lend any funds to,
borrow any money from, or enter into any other material transaction with any such
affiliated person.

4.18    
Employment Matters.  Red Horse has no employees other than its executive officers.

4.19    
Red Horse Schedules.   Red Horse has delivered to Silverstrand, or will deliver as
soon as practicable at its request, the following schedules, which are collectively
referred to as the Red Horse Schedules, and which consist of separate
schedules, all of which are complete, true, and correct in all material respects.:

| | (a) | a schedule containing complete and accurate copies of the articles of
                    incorporation and bylaws, as amended, of Red Horse as in effect as of the date
                    of this Agreement;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | a schedule containing any filings made by Red Horse with the SEC
                    since January 1, 2002 not available on EDGAR;
| | --- | ------------------------------------------------------------------------------------------------------------------------------------

| | (c) | a schedule containing a copy of the federal income tax returns of Red Horse
                    identified in paragraph 4.4(d);
| | --- | -------------------------------------------------------------------------------------------------------------------------------

| | (d) | a schedule setting forth the description of any material adverse change in the
                    business, operations, property, assets, or condition of Red Horse since the date
                    of the most recent Red Horse balance sheet, required to be provided pursuant to
                    section 4.7 hereof; and
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | a schedule setting forth any other information, together with any required
                    copies of documents, required to be disclosed in the Red Horse Schedules by
                    sections 4.1 through 4.17.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

15

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4.20.    Updated Schedules.  Red Horse shall cause the Red Horse Schedules and the
                    instruments and data delivered to Silverstrand hereunder to be updated after the
                    date hereof up to and including the Closing Date.

ARTICLE V

SPECIAL COVENANTS

5.1    
Silverstrand Consolidated US Financial Statements.   On or before April 30, 2005,Silverstrand shall deliver to Red Horse the Consolidated US Financial
Statements, which shall consist of the consolidated audited balance sheets of
Silverstrand and the Subsidiary at December 31, 2004 and 2003 (the balance sheet at
December 31, 2004 is referred to herein as the Consolidated US Balance Sheet),
and the related audited consolidated statements of operations, stockholders equity
and cash flows for the years ended December 31, 2004 and 2003 (consolidating Silverstrand
and the Subsidiary), together with notes to such statements and the opinion of Henny Wee
& Co., independent certified public accountants, with respect thereto. All of the
Consolidated US Financial Statements will be in United States Dollars and be prepared in
accordance with generally accepted accounting principles in the United States
(consistently applied during each of the periods) and the requirements of Regulation S-X
adopted by the SEC. The Consolidated US Financial Statements will be part of the
Silverstrand Schedules. Each of Silverstrand and the Shareholder represents and warrants
that the Consolidated US Balance Sheet presents fairly the consolidated financial
condition of Silverstrand and its Subsidiary; Silverstrand and its Subsidiary will not
have, as of the date of the Consolidated US Balance Sheet, except as and to the extent
reflected or reserved against therein, any liabilities or obligations (absolute or
contingent) that should be reflected in the Consolidated US Balance Sheet or the notes
thereto; all assets reflected in the Consolidated US Balance Sheet will be properly
reported and present fairly the value of the assets of Silverstrand and its Subsidiary;
and consolidated statements of income, stockholders equity, and cash flows presented
in the Consolidated US Financial Statements will reflect fairly the information required
to be set forth therein.

5.2  
  Access to Properties and Records.  Red Horse and Silverstrand will each afford to
the officers and authorized representatives of the other full access to the properties,
books, and records of Red Horse or Silverstrand and its Subsidiary as the case may be, in
order that each may have full opportunity to make such reasonable investigation as it
shall desire to make of the affairs of the other, and each will furnish the other with
such additional financial and operating data and other information as to the business and
properties of Red Horse or Silverstrand and its Subsidiary as the case may be, as the
other shall from time to time reasonably request.

5.3    
Delivery of Books and Records.  At the Closing, Red Horse shall deliver to Stephen
A. Zrenda, Jr., Esq., legal counsel to Silverstrand, the originals of the corporate minute
books, books of account, contracts, records, and all other books or documents of Red Horse
now in the possession or control of Red Horse or its representatives and agents.

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5.4    
Red Horse Board of Directors.  At the Closing Red Horse shall deliver or cause to be
delivered the resignation of Bill Rogers from the board of directors of Red Horse,
together with a unanimous written consent of the Red Horse board of directors providing
for: the appointment of a person designated by the Shareholders for election to the board
of directors to fill the vacancy left by the resignation; the election of persons
designated by the Shareholders to all executive officer positions of Red Horse in
replacement of all the executive officers serving prior to the Closing; and, prior to the
effective date of the resignations of Wayne M. Rogers and Jack M. Gertino as directors of
Red Horse, all actions taken by the board of directors will require the approval and
consent of the director elected to the board to fill the vacancy left by the resignation
of Bill Rogers. At the Closing each of Wayne M. Rogers and Jack Gertino will deliver to
Silverstrand and Red Horse their signed resignations as directors of Red Horse and a
unanimous written consent of the directors of Red Horse appointing as directors to fill
the vacancies left by their resignations two persons designated by the Shareholders, all
of which will be effective 10 days following the later to occur of, the date a statement
complying with the requirements of Rule 14f-1 adopted under the Securities Exchange Act of
1934 (the Exchange Act) disclosing the change in control of the Red Horse
board of directors is mailed to all shareholders of record of Red Horse, and said
statement is filed with the SEC. Red Horse will take all action required to prepare, mail
to shareholders, and file the foregoing statement required by Rule 14f-1 of the Exchange
Act no later than 20 days following the Closing Date.

5.5    
Third Party Consents and Certificates.  Red Horse and Silverstrand agree to
cooperate with each other in order to obtain any required third party consents to this
Agreement and the transactions herein and therein contemplated.

5.6    
Actions Prior to Closing.

| | (a) | From and after the date of this Agreement until the Closing Date and except as
                    set forth in the Red Horse or Silverstrand Schedules or as permitted or
                    contemplated by this Agreement, Red Horse and Silverstrand and its Subsidiary
                    respectively, will each: (i) carry on its business in substantially the same
                    manner as it has heretofore; (ii) maintain and keep its properties in states of
                    good repair and condition as at present, except for depreciation due to ordinary
                    wear and tear and damage due to casualty; (iii) maintain in full force and
                    effect insurance comparable in amount and in scope of coverage to that now
                    maintained by it; (iv) perform in all material respects all of its obligation
                    under material contracts, leases, and instruments relating to or affecting its
                    assets, properties, and business; (v) use its best efforts to maintain and
                    preserve its business organization intact, to retain its key employees, and to
                    maintain its relationship with its material suppliers and customers; and (vi)
                    fully comply with and perform in all material respects all obligations and
                    duties imposed on it by all federal and state laws and all rules, regulations,
                    and orders imposed by federal or state governmental authorities.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

17

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| | (b) | From and after the date of this Agreement until the Closing Date, neither Red
                    Horse nor Silverstrand and its Subsidiary will: (i) make any change in their
                    organizational documents, articles of incorporation or bylaws; (ii) take any
                    action described in section 2.7 in the case of Silverstrand and its Subsidiary
                    or in section 3.7, in the case of Red Horse (all except as permitted therein or
                    as disclosed in the applicable partys schedules); or (iii) enter into or
                    amend any contract, agreement, or other instrument of any of the types described
                    in such partys schedules, except that a party may enter into or amend any
                    contract, agreement, or other instrument in the ordinary course of business
                    involving the sale of goods or services.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5.7  
Sales Under Rules 144 or 145, If Applicable.

| | (a) | Red Horse will use its best efforts to at all times to comply with the reporting
                    requirements of the Exchange Act, including timely filing of all periodic
                    reports required under the provisions of the Exchange Act and the rules and
                    regulations promulgated thereunder.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Upon being informed in writing by any person holding restricted stock of Red
                    Horse as of the date of this Agreement that such person intends to sell any
                    shares under Rule 144 or Rule 145 promulgated under the Securities Act
                    (including any rule adopted in substitution or replacement thereof), Red Horse
                    will certify in writing to such person that it has filed all of the reports
                    required to be filed by it under the Exchange Act to enable such person to sell
                    such persons restricted stock under Rule 144 or 145, as may be applicable
                    in the circumstances, or will inform such person in writing that it has not
                    filed any such report or reports.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | If any certificate representing any such restricted stock is presented to Red
                    Horses transfer agent for registration of transfer in connection with any
                    sale theretofore made under Rule 144 or 145, provided such certificate is duly
                    endorsed for transfer by the appropriate person(s) or accompanied by a separate
                    stock power duly executed by the appropriate person(s) in each case with
                    reasonable assurances that such endorsements are genuine and effective, and is
                    accompanied by an opinion of counsel satisfactory to Red Horse and its counsel,
                    at the sole expense of the transferee, that such transfer has complied with the
                    requirements of Rule 144 or 145, as the cases may be, Red Horse will promptly
                    instruct its transfer agent to register such transfer and to issue one or more
                    new certificates representing such shares to the transferee and, if appropriate
                    under the provisions of Rule 144 or 145, as the case may be, free of any stop
                    transfer order or restrictive legend. The provisions of this Section 5.7 shall
                    survive the Closing and the consummation of the transactions contemplated by
                    this Agreement.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5.8    
Indemnification.

| | (a) | Each of Silverstrand and the Shareholders hereby agree, jointly and severally,
                    to indemnify Red Horse and each of the officers, agents and directors of Red
                    Horse as of the date of execution of this Agreement against any loss, liability,
                    claim, damage, or expense (including, but not limited to, any and all expense
                    whatsoever reasonably
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

18

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| |  | incurred in investigating, preparing, or defending against
                    any litigation, commenced or threatened, or any claim whatsoever), to which it
                    or they may become subject arising out of or based on any inaccuracy appearing
                    in or misrepresentation made under Article II, Article III, or Section 5.1 of
                    this Agreement. The indemnification provided for in this paragraph shall survive
                    the Closing and consummation of the transactions contemplated hereby and
                    termination of this Agreement.
| |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Red Horse hereby agrees to indemnify Silverstrand and each of the officers,
                    agents and directors of Silverstrand as of the date of execution of this
                    Agreement and the Shareholders against any loss, liability, claim, damage, or
                    expense (including, but not limited to, any and all expense whatsoever
                    reasonably incurred in investigating, preparing, or defending against any
                    litigation, commenced or threatened, or any claim whatsoever), to which it or
                    they may become subject arising out of or based on any inaccuracy appearing in
                    or misrepresentation made under Article IV of this Agreement. The
                    indemnification provided for in this paragraph shall survive the Closing and
                    consummation of the transactions contemplated hereby and termination of this
                    Agreement.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE VI

CONDITIONS PRECEDENT TO
OBLIGATIONS OF RED HORSE

The
obligations of Red Horse under this Agreement are subject to the satisfaction, at or
before the Closing Date, of the following conditions:

6.1    
Accuracy of Representations.   The representations and warranties made by
Silverstrand and the Shareholders in this Agreement were true when made and shall be true
at the Closing Date with the same force and effect as if such representations and
warranties were made at and as of the Closing Date (except for changes therein permitted
by this Agreement), and Silverstrand and the Shareholders shall have performed or complied
with all covenants and conditions required by this Agreement to be performed or complied
with by Silverstrand and the Shareholders prior to or at the Closing. Red Horse shall be
furnished with a certificate, signed by a duly authorized officer of Silverstrand and the
Shareholders and dated the Closing Date, to the foregoing effect.

6.2    
Officers Certificates.   Red Horse shall have been furnished with a certificate
dated the Closing Date and signed by a duly authorized officer of Silverstrand and the
Shareholders to the effect that no litigation, proceeding, investigation, or inquiry is
pending or, to the best knowledge of Silverstrand or the Shareholders threatened, which
might result in an action to enjoin or prevent the consummation of the transactions
contemplated by this Agreement, or, to the extent not disclosed in the Silverstrand
Schedules, by or against the Shareholders or any of Silverstrand and its Subsidiary which
might result in any material adverse change in any of the assets, properties, business, or
operations of any of Silverstrand and its Subsidiary, individually or taken as a whole.

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6.3    
No Material Adverse Change.   Prior to the Closing Date, there shall not have
occurred any material adverse change in the financial condition, business, or operations
of any of Silverstrand and its Subsidiary, individually or taken as a whole, nor shall any
event have occurred which, with the lapse of time or the giving of notice, may cause or
create any material adverse change in the financial condition, business, or operations of
any of Silverstrand and its Subsidiary.

6.4    
Officer and Director Questionnaires.   Red Horse shall have received officer and
director questionnaires completed and signed by each executive officer and director to be
designated and elected as officers and directors of Red Horse in form and substance
reasonably satisfactory to Red Horse and its counsel which shall contain information for
use by Red Horse in reporting the transaction contemplated hereby on Form 8-K and other
documents to be filed with the SEC.

6.5    
Other Items.

| | (a) | Red Horse shall have received a Shareholders list of Silverstrand containing the
                    name, address, and number of shares held by the Silverstrand Shareholders as of
                    the date of Closing certified by an executive officer of Silverstrand as being
                    true, complete, and accurate.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Red Horse shall have received such further documents, certificates, or
                    instruments relating to the transactions contemplated hereby as Red Horse may
                    reasonably request.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | Red Horse shall have been furnished with the Consolidated US Financial
                    Statements not less than five days prior to the Closing.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | Red Horse shall have received a certificate signed by an officer of Silverstrand
                    in which Silverstrand represents and warrants that there has been no material
                    change in the assets, liabilities, or financial condition of Silverstrand and
                    its Subsidiary during the period from December 31, 2004 to the Closing Date from
                    the assets, liabilities, and financial condition of Silverstrand and its
                    Subsidiary as of December 31, 2004 as shown in the Consolidated US Financial
                    Statements.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | Red Horse shall have received a certificate signed by Mr. Jiang Fang, the
                    principal shareholder of Silverstrand, in which he represents and warrants that
                    there has been no material change in the assets, liabilities, or financial
                    condition of Silverstrand and its Subsidiary during the period from December 31,
                    2004 to the Closing Date from the assets, liabilities, and financial condition
                    of Silverstrand and its Subsidiary as of December 31, 2004 as shown in the
                    Consolidated US Financial Statements.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE VII

CONDITIONS PRECEDENT TO
OBLIGATIONS OFSILVERSTRAND AND THE
SHAREHOLDERS

The
obligations of Silverstrand and the Shareholders under this Agreement are subject to the
satisfaction, at or before the Closing Date, of the following conditions:

20

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7.1    
Accuracy of Representations.   The representations and warranties made by Red Horse
in this Agreement were true when made and shall be true as of the Closing Date (except for
changes therein permitted by this Agreement) with the same force and effect as if such
representations and warranties were made at and as of the Closing Date, and Red Horse
shall have performed and complied with all covenants and conditions required by this
Agreement to be performed or complied with by Red Horse prior to or at the Closing.
Silverstrand shall have been furnished with a certificate, signed by a duly authorized
executive officer of Red Horse and dated the Closing Date, to the foregoing effect.

7.2    
Officers Certificate.   Silverstrand shall have been furnished with a
certificate dated the Closing Date and signed by a duly authorized executive officer of
Red Horse to the effect that no litigation, proceeding, investigation, or inquiry is
pending or, to the best knowledge of Red Horse threatened, which might result in an action
to enjoin or prevent the consummation of the transactions contemplated by this Agreement.

7.3    
No Material Adverse Change.   Prior to the Closing Date, there shall not have
occurred any material adverse change in the financial condition, business, or operations
of Red Horse nor shall any event have occurred which, with the lapse of time or the giving
of notice, may cause or create any material adverse change in the financial condition,
business, or operations of Red Horse.

7.4    
Good Standing.   Red Horse shall have received a certificate of good standing from
the Secretary of State of the state of Nevada or other appropriate office, dated as of a
date within ten days prior to the Closing Date certifying that Red Horse is in good
standing as a corporation in the State of Nevada.

7.5    
Other Items.

| | (a) | Silverstrand shall have received a Shareholders list of Red Horse from its
                    transfer agent, current at least within ten (10) days prior to Closing,
                    containing the name, address and number of shares held by each such Red Horse
                    Shareholders.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | Silverstrand shall have received such further documents, certificates, or
                    instruments relating to the transactions contemplated hereby as Silverstrand may
                    reasonably request.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE VIII

TERMINATION

8.1    
Termination.

| | (a) | This Agreement may be terminated by the board of directors of either Red Horse
                    or Silverstrand at any time prior to the Closing Date if: (i) there shall be any
                    actual or threatened action or proceeding before any court or any governmental
                    body which shall seek to restrain, prohibit, or invalidate the transactions
                    contemplated by this Agreement and which, in the judgment of such board of
                    directors, made in good faith and based on the advice of its legal counsel,
                    makes it inadvisable to proceed with the exchange
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| |  | contemplated by this Agreement; (ii) any of the transactions contemplated hereby are disapproved by
                    any regulatory authority whose approval is required to consummate such
                    transactions or in the judgment of such board of directors, made in good faith
                    and based on the advice of counsel, there is substantial likelihood that any
                    such approval will not be obtained or will be obtained only on a condition or
                    conditions which would be unduly burdensome, making it inadvisable to proceed
                    with the exchange; (iii) either party is not reasonably satisfied with the
                    results of its business, legal, and accounting due diligence regarding the other
                    conducted up to the Closing Date, or (iv) there shall have been any change after
                    the date of the latest balance sheet of Red Horse in the assets, properties,
                    business, or financial condition of Red Horse, which could have a materially
                    adverse affect on the value of the business of Red Horse, except any changes
                    disclosed in the Red Horse Schedules. In the event of termination pursuant to
                    this paragraph (a) of section 8.1, no obligation, right, or liability shall
                    arise hereunder, and each party shall bear, except as provided in Section
                    8.1(e), all of the expenses incurred by it in connection with the negotiation,
                    drafting, and execution of this Agreement and the transactions herein
                    contemplated.
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b) | This Agreement may be terminated at any time prior to the Closing by action of
                    the board of directors of Red Horse if: (i) Silverstrand shall fail to comply in
                    any material respect with any of its covenants or agreements contained in this
                    Agreement or if any of the representations or warranties of Silverstrand
                    contained herein shall be inaccurate in any material respect; or (ii) there
                    shall have been any change after the date of the Consolidated US Balance Sheet
                    in the assets, properties, business, or financial condition of any of
                    Silverstrand and its Subsidiary, which could have a materially adverse affect on
                    the value of the business of any of Silverstrand and its Subsidiary,
                    individually and taken as a whole, except any changes disclosed in the
                    Silverstrand Schedules. If this Agreement is terminated pursuant to this
                    paragraph (b) of section 8.1, this Agreement shall be of no further force or
                    effect, and no obligation, right, or liability shall arise hereunder, except
                    that Silverstrand and the Shareholders shall bear their own costs as well as the
                    costs incurred by Red Horse in connection with the negotiation, preparation, and
                    execution of this Agreement and qualifying the offer and sale of securities
                    contemplated hereby for exemption from the registration requirements of state
                    and federal securities laws.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c) | This Agreement will terminate at the sole election of Red Horse if:
| | --- | -------------------------------------------------------------------

| | (i) | Silverstrand or the Shareholders fail to comply with its delivery and any other
          requirements or representations of Section 5.1 pertaining to the US Consolidated
          Financial Statements;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (ii) | Red Horse does not receive at Closing the certificates described in Sections
          6.5(d) and (e) containing the unqualified representations and warranties
          required by those sections; and
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

22

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| | (iii) | The Closing does not occur on or before May 6, 2005 because Silverstrand or the
          Shareholders fail to deliver at the time and place of Closing the certificates
          evidencing the Silverstrand Stock duly endorsed for transfer to Red Horse or
          accompanied by stock powers executed in blank by the Shareholders or any of the
          certificates, instruments, or documents required by Article VI, above.
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | If Red Horse elects to terminate this Agreement pursuant to this Section 8.1(c), then
Silverstrand and the Shareholders shall (which obligation is joint and several) reimburse
the costs incurred by Red Horse in connection with the negotiation, preparation and
execution of this Agreement as provided in Section 8.1(b) and pay to Red Horse a deferred
opportunity fee of $30,000 by cashiers check made payable to the order of, and
delivered to Red Horse or wire transfer to an account designed by Red Horse.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d) | This Agreement may be terminated at any time prior to the Closing by action of
                    the board of directors of Silverstrand if Red Horse shall fail to comply in any
                    material respect with any of its covenants or agreements contained in this
                    Agreement or if any of the representations or warranties of Red Horse contained
                    herein shall be inaccurate in any material respect. If this Agreement is
                    terminated pursuant to this paragraph (c) of section 8.1, this Agreement shall
                    be of no further force or effect, and no obligation, right, or liability shall
                    arise hereunder, except that Red Horse shall bear its own costs as well as the
                    costs of Silverstrand incurred in connection with the negotiation, preparation,
                    and execution of this Agreement.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (e) | This Agreement will terminate at the sole election of Silverstrand if the
                    Closing does not occur on or before May 6, 2005 because Red Horse fails to
                    deliver at the time and place of Closing the certificates evidencing the
                    10,102,333 shares of Red Horse Stock issued in the names and amounts set forth
                    on Schedule 1 to this Agreement (or in lieu thereof irrevocable instructions to
                    the transfer agent of Red Horse to issue and deliver said certificates) or any
                    of the certificates, instruments, or documents required by Article VII, above.
                    If Silverstrand elects to terminate this Agreement pursuant to this Section
                    8.1(e), then Red Horse shall reimburse the costs incurred by Silverstrand in
                    connection with the negotiation, preparation and execution of this Agreement as
                    provided in Section 8.1(d) and pay to Silverstrand a deferred opportunity fee of
                    $30,000 by cashiers check made payable to the order of, and delivered to
                    Silverstrand or wire transfer to an account designed by Red Horse.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

23

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| | (f) | On the date of execution of this Agreement, Silverstrand and Shareholders are
                    paying, or causing to be paid, to Red Horse a non-accountable and non-refundable
                    expense allowance of $10,000, which will be paid by cashiers check payable
                    to the order of, and delivered to, Parsons Behle & Latimer, counsel to Red
                    Horse, or by wire transfer to an account designated by such counsel.
                    Notwithstanding the circumstances under which this Agreement is terminated by
                    any party, Red Horse has no obligation to refund any portion of this expense
                    amount to Silverstrand or the Shareholders. In the event of termination under
                    Sections 8.1(b) or (c), such amount will be applied to legal costs and expenses
                    incurred by Red Horse for which Red Horse is entitled to reimbursement.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE IX

MISCELLANEOUS

9.1    
Brokers.   Red Horse, the Shareholders and Silverstrand agree that there were no
finders or brokers involved in bringing the parties together or who were instrumental in
the negotiation, execution, or consummation of this Agreement. Red Horse, on one hand, and
Silverstrand and the Shareholders on the other, agree to indemnify the other against any
claim by any third person for any commission, brokerage, or finders fee arising from
the transactions contemplated hereby based on any alleged agreement or understanding
between the indemnifying party and such third person, whether express or implied from the
actions of the indemnifying party.

9.2    
Governing Law.   This Agreement shall be governed by, enforced, and construed under
and in accordance with the laws of the United States of America and, with respect to
matters of state law, with the laws of Nevada. Any dispute arising under or in any way
related to this Agreement will be submitted to binding arbitration before a single
arbitrator by the American Arbitration Association in accordance with the
Associations commercial rules then in effect. The arbitration will be conducted in
Salt Lake City, Utah. The decision of the arbitrator will set forth in reasonable detail
the basis for the decision and will be binding on the parties. The arbitration award may
be confirmed by any court of competent jurisdiction.

9.3    
Notices.   Any notices or other communications required or permitted hereunder shall
be sufficiently given if personally delivered to it or sent by registered mail or
certified mail, postage prepaid, or by prepaid telegram addressed as follows:

|                 |                                                                                                                                    
|---------------- | -----------------------------------------------------------------------------------------------------------------------------------
|If to Red Horse: | Red Horse Entertainment Corporation
       11828 La Grange AvenueLos Angeles, CA 90025Attn: Wayne M. RogersTelephone:  310.473.0213
|                 |                                                                                                                                    

24

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|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|--------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|With copies to:                         | Mark E. Lehman, Esq. Parsons Behle&Latimer
                                    210 S. Main Street
                                    Suite 1800
                                    P.O. Box 45898
                                    Salt Lake City, UT  84145-0898
                                    Telephone:  801.532.1234
                                    Facsimile: 801.536.6111                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|If to Silverstrand:                     | Mr. Jiang Fang
                                    Silverstrand International Holdings Limited 
                                    C site 25-26F Presidential Building
                                    No. 69 Heping North Street
                                    Heping District
                                    Shenyang 110003
                                    The People's Republic of China                                                                                                                                                                 
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|With copies to:                         | Stephen A. Zrenda, Jr., Esq.
                                    Stephen A. Zrenda, Jr., P.C.
                                    100 N. Broadway Avenue, Suite 2440
                                    Oklahoma City, OK 73102-8608
                                    Telephone:  405.235.2111
                                    Facsimile: 915.975.8003                                                                                                                                                                                                                    
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|If to the Shareholders of Silverstrand: | Mr. Jiang Fang 
                                                            c/o Charles Hung 
                                                                American Eastern Securities, Inc.
                                                                865 South Figueroa Street, Suite 3340 
                                                                Los Angeles, CA 90017 
                                                                Telephone: (213) 488-5131 
                                                                Facsimile: (213) 488-5126
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

or such other addresses as shall be
furnished in writing by any party in the manner for giving notices hereunder, and any such
notice or communication shall be deemed to have been given as of the date so delivered,
mailed, or telegraphed.

9.4    
Attorneys Fees.   In the event that any party institutes any action or suit to
enforce this Agreement or to secure relief from any default hereunder or breach hereof,
the breaching party or parties shall reimburse the non-breaching party or parties for all
costs, including reasonable attorneys fees, incurred in connection therewith and in
enforcing or collecting any judgment rendered therein.

9.5    
Confidentiality.   Each party hereto agrees with the other parties that, unless and
until the transactions contemplated by this Agreement have been consummated, each party
and their representatives will hold in strict confidence all data and information obtained
with respect to another

25

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party or any subsidiary thereof from any representative, officer,
director, or employee, or from any  books or records or from personal inspection, or such
other party, and shall not use such data or information or disclose the same to others,
except (i) to the extent such data or information is published, is a matter of public
knowledge, or is required by law to be published; and (ii) to the extent that such data or
information must be used or disclosed in order to consummate the transactions contemplated
by this Agreement.

9.6    
Expenses of Stock Exchange.   Except as otherwise provided for in Section 8.1, Red
Horse and Silverstrand agree that they will each bear their own costs and expenses in
negotiating and closing the transactions contemplated by this Agreement, including but not
limited to, attorneys fees, accounting fees, due diligence expenses, travel,
printing, copying, mail, telephone and other related expenses.

9.7
    Third Party Beneficiaries.   This contract is solely between Red Horse, the
Shareholders and Silverstrand and, except as specifically provided, no director, officer,
stockholder, employee, agent, independent contractor, or any other person or entity shall
be deemed to be a third party beneficiary of this Agreement.

9.8   
Entire Agreement.   This Agreement represents the entire agreement (including the
exhibits or schedules hereto) between the parties relating to the subject matter hereof,
including this Agreement alone fully and completely expresses the agreement of the parties
relating to the subject matter hereof. There are no other courses of dealing,
understandings, agreements, representations, or warranties, written or oral, except as set
forth herein.

9.9    
Survival; Termination.   The representations, warranties, and covenants of the
respective parties shall survive the Closing Date and the consummation of the transactions
herein contemplated.

9.10    
Counterparts.   This Agreement may be executed in multiple counterparts, each of
which shall be deemed an original and all of which taken together shall be but a single
instrument.

9.11    
Amendment or Waiver.   Every right and remedy provided herein shall be cumulative
with every other right and remedy, whether conferred herein, at law, or in equity, and may
be enforced concurrently herewith, and no waiver by any party of the performance of any
obligation by the other shall be construed as a waiver of the same or any other default
then, theretofore, or thereafter occurring or existing. At any time prior to the Closing
Date, this Agreement may be amended by a writing signed by all parties hereto, with
respect to any of the terms contained herein, and any term or condition of this Agreement
may be waived or the time for performance hereof may be extended by a writing signed by
the party or parties for whose benefit the provision is intended.

9.12    
Construction.   The parties have participated jointly in the negotiation and drafting
of this Agreement. In the event an ambiguity or question of intent or interpretation
arises, this Agreement shall be construed as if drafted jointly by the parties and no
presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of
the authorship of any of the provisions of this Agreement. Any reference to any federal,
state, local, or foreign statute or law shall be deemed also to refer to all rules and
regulations promulgated thereunder, unless the context otherwise requires. The word

26

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including shall mean including without limitation. Disclosure schedules
delivered by the parties pursuant to this Agreement. All monetary amounts stated in this
Agreement are, unless specifically stated otherwise, denominated in United States Dollars.
The parties acknowledge and agree with respect to their respective schedules that (i) the
schedules may include certain items and information solely for informational purposes for
the convenience of the parties hereto, (ii) the disclosure of any matter in a schedule
shall not be deemed to constitute an acknowledgment by the party delivering the schedule
that the matter is material or is required to be disclosed pursuant to the provisions of
this Agreement, (iii) any fact or item disclosed in a schedule and referenced by a
particular section in this Agreement shall, should the existence of the fact or item or
its contents be relevant to any other section in this Agreement, be deemed to be disclosed
with respect to such other section only if a specific cross-reference is made to such
other section, (iv) the disclosure of any fact or item in a schedule shall not represent
an admission by the party delivering the schedule that such fact or item actually
constitutes non-compliance with, or a violation of, any law, regulation or statute to
which such disclosure is applicable as such disclosure has been made for purposes of
creating exceptions to the representations and warranties made by the party, and (v) each
attachment referenced in a schedule shall be deemed incorporated into and a part of such
schedule.

9.13    
Tax Disclosure Authorization.   Notwithstanding anything herein to the contrary, the
parties (and each affiliate and person acting on behalf of any party) agree that each
party (and each employee, representative, and other agent of such party) may disclose to
any and all persons, without limitation of any kind, the transactions tax treatment
and tax structure (as such terms are used in §§6011 and 6112 of the Internal
Revenue Code of 1986, as amended and regulations there under) contemplated by this
Agreement and all materials of any kind (including opinions or other tax analyses)
provided to such party or such person relating to such tax treatment and tax structure,
subject to compliance with disclosure obligations under applicable federal or state
securities laws; provided, however, that such disclosure many not be made
until the earlier of date of (a) public announcement of discussions relating to the
transaction, (b) public announcement of the transaction, or (c) execution of an agreement
to enter into the transaction. This authorization is not intended to permit disclosure of
any other information including (without limitation) (v) any portion of any materials to
the extent not related to the transactions tax treatment or tax structure, (w) the
identities of participants or potential participants, (x) the existence or status of any
negotiations, (y) any pricing or financial information (except to the extent such pricing
or financial information is related to the transactions tax treatment or tax
structure), or (z) any other term or detail not relevant to the transactions tax
treatment or the tax structure.

[Signatures on
Following Page.]

27

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IN
WITNESS WHEREOF, the corporate parties hereto have caused this Agreement to be executed by
their respective officers, hereunto duly authorized, as of the date first above-written.

| |                                    
| | -----------------------------------
| | Red Horse Entertainment Corporation

|    |                           
|--- | --------------------------
|By: | /s/ Wayne M. Rogers       
|    | Wayne M. Rogers, President

| |                                            
| | -------------------------------------------
| | Silverstrand International Holdings Limited

|    |                      
|--- | ---------------------
|By: | /s/ Jiang Fang       
|    | Jiang Fang, President

| |                             
| | ----------------------------
| | Silverstrands Shareholders:

| |               
| | --------------
| | /s/ Jiang Fang
| | Jiang Fang    

| |               
| | --------------
| | /s/ Jiang Peng
| | Jiang Peng    

| |                 
| | ----------------
| | /s/ Duan Jin Shi
| | Duan Jin Shi    

| |                 
| | ----------------
| | /s/ Li Guong Hua
| | Li Guong Hua    

| |                 
| | ----------------
| | /s/ Wang Li Rong
| | Wang Li Rong    

28

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Schedule 1

to

STOCK EXCHANGE AGREEMENT

Dated March 8, 2005

The
Common Stock of Red Horse Entertainment Corporation to be issued under section 1.1 and
section 1.2 of the Stock Exchange Agreement shall be issued to the following persons with
a restrictive legend consistent with the Securities Act of 1933, as amended:

|   |                                                                                                                                                                 | 
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------- | 
|   | Common Stock of Red Horse Entertainment
        Corporation to be issued to the stockholders of
Silverstrand International Holdings Limited and their designees | 
|   |                                                                                                                                                                 | 
|1. | Jiang Fang                                                                                                                                                      | 
|   |                                                                                                                                                                 | 
|2. | Jiang Peng                                                                                                                                                      | 
|   |                                                                                                                                                                 | 
|3. | Duan Jin Shi                                                                                                                                                    | 
|   |                                                                                                                                                                 | 
|4. | Li Guong Hua                                                                                                                                                    | 
|   |                                                                                                                                                                 | 
|5. | Wang Li Rong                                                                                                                                                    | 
|   |                                                                                                                                                                 | 
|6  | Belmont Capital Group
          and its assigns                                                                                                                 | 
|   |                                                                                                                                                                 | 
|7. | American Eastern Securities, Inc.
            and its assigns                                                                                                   | 
|   |                                                                                                                                                                 | 
|   |                                                                                                                                                                 | 
|  
|   |                                                                                                                                                                 | 

29

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