Exhibit 10.13


     

    Exhibit
      10.13

    


    LETTER
      OF INTENT

    


    THIS
      BINDING LETTER OF INTENT (the “LOI”), is made this 15th day of August 2005, by
      Dark Dynamite, Inc. (“DDYI”), a Nevada corporation, the persons executing this
      LOI listed on the signature page (referred to collectively as the “DDYI
      Shareholder”) and Shanxi Kai Da Lv You Gu Wen You Xian Gong Si ("Kai
      Da"),
      a
      corporation formed according
      to the laws of P.R. China. This LOI sets forth the terms and conditions upon
      which DDYI and its shareholders shall enter into a binding acquisition agreement
      with Kai Da.

    


    TERMS

     

    


    
      	1.  	
              DDYI
                confirms that it currently has 2,000,000 shares of common stock
                outstanding ("common stock") and 5,000,000 shares of preferred stock
                outstanding ("preferred stock"), which convert into common stock
                at a
                ratio of 1:25. DDYI pledges that no new shares will be issued to
                other
                parties except
                Kai
                Da
                unless this LOI is cancelled. DDYI
                further guarantees that there are no outstanding options and no toxic
                pill
                convertible debentures.

            


    

     

    
      	2.  	
              DDYI
                Shareholders will tender 4,990,000 shares of preferred stock to Kai
                Da
                shareholders
                in
                exchange for a cash payment of $495,000. In addition, Kai
                Da
                will become a wholly owned subsidiary of DDYI. Kai
                Da
                will immediately convert 1,600,000 shares of the preferred stock
                into
                40,000,000 shares of common stock. DDYI Shareholders will retain
                10,000
                preferred shares as an investment.

            


    

     

    
      	3.  	
              The
                above purchase and issuance will give Kai
                Da
                a
                'controlling interest' in DDYI
                representing approximately 98% of
                the issued and outstanding shares.
                Kai
                Da will maintain DDYI's active trading status on the NASD’s
                Over-the-Counter Bulletin Board quotation
                market.

            


    

     

    
      	4.  	
              DDYI
                will prepare and file the necessary Securities and Exchange Commission
                ("SEC") filings, including Forms 8-K. DDYI will make all appropriate
                shareholder notifications in connection with the merger. Kai
                Da
                will pay all filing and compliance costs including their financial
                audits.
                Kai
                Da
                will also prepare the Plan of Exchange for this
                transaction.

            


    

     

    
      	5.  	
              A
                Plan of Exchange will be executed by both parties on or about August
                29,
                2005 (the “Closing”). Kai Da
                agrees to provide audited financial statements of 2004 ("Audit Report")
                within 4 days after all the terms of the Plan of Exchange have been
                fulfilled and the escrow is closed (on or before September 28, 2005)
                as
                required by the Securities and Exchange Commission. This will be
                performed
                by a PCAOB member audit firm at Kai
                Da's
                expense.
                If Kai Da fails to provide Audit Report within 4 days after such
                time,
                DDYI shall have the unilateral right to rescind all
                agreements.

            


    

    


    Initials:____
      ____

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	6.  	
              If
                holders of DDYI stock are entitled to dissenter’s rights in connection
                with any action of DDYI required to be completed prior to the Closing
                under General Corporation Law of the State of Nevada, DDYI shall
                satisfy
                and pay such obligation to the Dissenting Shareholder immediately
                prior
                to, as an express condition to, the
                Closing.

            


    

     

    
      	7.  	
              DDYI
                and/or its designated representatives shall complete a satisfactory
                review
                of the business and financial statements of Kai
                Da
                prior to the Closing.

            


    

     

    
      	8.  	
              DDYI
                will eliminate all known or potential liabilities of DDYI
                as of the closing date.
                This
                will include, but is not limited to, any accounts payable and accrued
                expenses, as well as any liabilities shown on its last quarterly
                report
                filed with the Securities and Exchange Commission prior to the Closing.
                Diversified
                Holdings X, Inc will indemnify Kai
                Da
                concerning
                any known or unknown liabilities of DDYI, which may arise following
                the
                acquisition for a period of three years after the Closing. The escrow
                agreement will also contain provisions for the liabilities as the
                result
                of the Allen Weintraub pending lawsuit and any amounts due the Securities
                and Exchanges Commission, among other liabilities. The Selling
                shareholders agree to leave $50,000 of the sales proceeds in escrow
                to
                satisfy any liabilities that arise as a result of pending litigation
                which
                has not been settles at the time of
                closing

            


    

     

    
      	9.  	
              DDYI
                will be responsible for the equity restructure to guarantee that
                Kai Da
                will have approximately 98% of DDYI after the
                Closing.

            


    

     

    
      	10.  	
              All
                deposits and payments are non-refundable so long as DDYI certifies
                that
                the liabilities have been settled prior to the Closing. (Certification
                should include written statements by the Company's legal counsel
                and
                independent accountants, which should be done by August 22, 2005).
                However, if DDYI fails to settle all known or potential liabilities
                prior
                to the Closing, all deposits and payments made by Kai Da may be refunded.
                All currency amounts are in U.S.
                dollars.

            


    

     

    
      	11.  	
              DDYI
                founding principals will retain the right to future use of the name
                Dark
                Dynamite, Inc. if the new management changes the corporate name.
                

            


    

     

    
      	12.  	
              The
                final acquisition shall be approved by both company’s board of directors.
                The final date of acquisition shall be no later than September 28,
                2005
                unless extended in writing by both
                parties.

            


    

     

    
      	13.  	
              Due
                diligence review - immediately upon signing this LOI, both parties
                shall
                have 10 days for completion of due diligence, which should be done
                by
                August 22, 2005.

            


    

     

    
      	14.  	
              Controlling
                law - this LOI shall be construed under the laws of
                Florida.

            


    

     

    
      	15.  	
              This
                LOI is binding and enforceable by both
                parties

            


    

     

    
      Initials:____
        ____



    
      
        
        

      

      
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    IN
      WITNESS WHEREOF, the parties have executed this LOI on the date first above
      written.

    


    


    


    Dark
      Dynamite, Inc. ("DDYI")   
      Richard
      Surber (Individual)

    


    


    /s/
      Jared D.
      Gold                                     
      /s/
      Richard Surber   

    Jared
      D.
      Gold,    
      Richard
      Surber

    President,
      Chief Executive Officer            Majority
      Shareholder/Selling
      Shareholder

    


    


    Diversified
      Holding X, Inc.

    


    


    /s/
      Richard Surber   

    Richard
      Surber

    President

    


    


    


    Shanxi
      Kai Da Lv You Gu Wen You Xian Gong Si ("Kai
      Da")

    


    


    /s/
      Ke, Xian Yan

    Ke,
      Xian
      Yan

    Chief
      Executive Officer 

    


    


    


    Ke,
      Xian
      Yan (Individual)    
      Lei, Wei
      Ping (Individual)

    


    


    /s/
      Ke, Xian Yan         
        /s/
      Lei, Wei Ping   

    Ke,
      Xian
      Yan                                 
      Lei,
      Wei
      Ping

    Beneficial
      shareholder                     Beneficial
      shareholder

    


    
      
        
        

      

      
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