Unassociated Document


    

      Exhibit
        10.33

       

      Summaries
        of Oral Loan Agreements

      


      Loans
        to Former Owners of PRC Yuhe

      


      Cash
        advance to Mr. Gao Zhentao

      



        The
          first
          oral loan agreement between PRC Yuhe as lender and Mr. Gao Zhentao, who
          is a
          director and was a former owner of PRC Yuhe, as borrower was made in or
          about
          December 2006. Since then, there have been a number of borrowings and repayments
          under identical terms between these parties.



       


        The
          purpose of these cash advances to Mr. Gao Zhentao was to allow him to make
          payments for his business trips and other expenses. These cash advances
          to Mr.
          Gao Zhentao are unsecured, interest free, and have no fixed date for repayment.
          There are no material covenants, conditions or restrictions attached to
          these
          cash advances to and repayments by Mr. Gao Zhentao. As there is no written
          agreement, the remedies available to the creditor are prescribed pursuant
          to the
          laws of the PRC. On February 19, 2008, the cash advance in the sum of $74,125
          was repaid to PRC Yuhe.


      


      Cash
        advance to Mr. Gao Zhenbo

      



        The
          first
          oral loan agreement between PRC Yuhe as lender and Mr. Gao Zhenbo, who
          is a
          director of PRC Yuhe and was a former owner of Taihong, as borrower was
          made
          before January 1, 2005. Since then, there have been a number of borrowings
          and
          repayments under identical terms between these parties.


       


        The
          purpose of these cash advances to Mr. Gao Zhenbo was to allow him to make
          payments for his business trips and other expenses. These cash advances
          to Mr.
          Gao Zhenbo are unsecured, interest free, and have no fixed date for repayment.
          There are no material covenants, conditions or restrictions attached to
          these
          cash advances to and repayments by Mr. Gao Zhenbo. As there is no written
          agreement, the remedies available to the creditor are prescribed pursuant
          to the
          laws of the PRC. On February 19, 2008, the cash advance in the sum of $76,716
          was repaid to PRC Yuhe.


       

      Cash
        advanced to Mr. Tan Yi

      



        The
          first
          oral loan agreement between PRC Yuhe as lender and Mr. Tan Yi, who is a
          director
          of PRC Yuhe, as borrower was made on or about January 31, 2005. Since then,
          there have been a number of borrowings and repayments under identical terms
          between these parties.


      



        The
          purpose of these cash advances to Mr. Tan Yi was to allow him to make payments
          for his business trips and other expenses. These cash advances to Mr. Tan
          Yi are
          unsecured, interest free, and have no fixed date for repayment. There are
          no
          material covenants, conditions or restrictions attached to these cash advances
          to and repayments by Mr. Tan Yi. As there is no written agreement, the
          remedies
          available to the creditor are prescribed pursuant to the laws of the PRC.
          On
          February 19, 2008, the cash advance in the sum of $78,092 was repaid to
          PRC
          Yuhe.


       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Loans
        to Companies in which Former Owner of PRC Yuhe Served as a
        Director

       

      Loan
        to Hefeng Green Agriculture Co., Ltd.

      



        The
          first
          oral loan agreement between PRC Yuhe as lender and Hefeng Green Agriculture
          Co.,
          Ltd., a company in which Mr. Gao Zhentao served as a director, as borrower
          was
          made on or about September 30, 2005. Since then, there have been a number
          of
          borrowings and repayments under identical terms between these
          parties.


      



        These
          loan are unsecured, interest free and have no fixed date for repayment.
          There
          are no material covenants, conditions or restrictions attached to these
          cash
          advances to and repayments by Hefeng Green Agriculture Co., Ltd. As there
          is no
          written agreement, the remedies available to the creditor are prescribed
          pursuant to the laws of the PRC. The purpose of these loans was to provide
          Hefeng Green Agriculture Co., Ltd. with finance for its working capital.
          The
          management expects to receive the loan balance on demand in December
          2009.


       

      Loan
        to Shandong Yuhe Food Co., Ltd.

      



        The
          first
          oral loan agreement between PRC Yuhe and Taihong as lenders and Shandong
          Yuhe
          Food Group Co., Ltd., a company in which Mr. Gao Zhentao serves as a director,
          as borrower was made before January 1, 2005. Since then, there have been
          a
          number of borrowings and repayments under identical terms among these parties.
          

         



        These
          loans are unsecured, interest free and have no fixed date for repayment.
          There
          are no material covenants, conditions or restrictions attached to these
          cash
          advances to and repayments by Shandong Yuhe Food Group Co., Ltd. As there
          is no
          written agreement, the remedies available to the creditor are prescribed
          pursuant to the laws of the PRC. The purpose of these loans was to provide
          Shandong Yuhe Food Co. Ltd. with finance for its working capital. The
          management expects to receive the loan balance on demand in December
          2009.


       

      Loan
        to Shandong Yuhe New Agriculture Academy of Sciences

      



        The
          first
          oral loan agreement between PRC Yuhe as lender and Shandong Yuhe New Agriculture
          Academy of Sciences, a company in which Mr. Gao Zhentao served as a director,
          as
          borrower was made before January 1, 2005. Since then, there have been a
          number
          of borrowings and repayments under identical terms between these
          parties.


      



        These
          loans are unsecured, interest free and have no fixed date for repayment.
          There
          are no material covenants, conditions or restrictions attached to these
          cash
          advances to and repayments by Shandong Yuhe New Agriculture Academy of
          Sciences.
          As there is no written agreement, the remedies available to the creditor
          are
          prescribed pursuant to the laws of the PRC. The purpose of these loans
          was to
          provide Shandong Yuhe New Agriculture Academy of Sciences with finance
          for its
          working capital. The management expects to receive the loan balance on
          demand in
          December 2009.


       

      Loan
        to Weifang Hexing Breeding Co., Ltd.

      



        The
          first
          oral loan agreement between Taihong as lender and Weifang Hexing Breeding
          Co.,
          Ltd., a company in which Mr. Gao Zhentao served as a director, as borrower
          was
          made before January 1, 2005. Since then, there have been a number of borrowings
          and repayments under identical terms between these parties. 

         



        These
          loans are unsecured, interest free and have no fixed date for repayment.
          There
          are no material covenants, conditions or restrictions attached to these
          cash
          advances to and repayments by Weifang Hexing Breeding Co., Ltd. As there
          is no
          written agreement, the remedies available to the creditor are prescribed
          pursuant to the laws of the PRC. The purpose of these loans was to provide
          Weifang Hexing Breeding Co. Ltd., with finance for its working capital. The
          loan in the sum of $214,954 was repaid on March 31, 2008.


       

      Loan
        to Weifang Jiaweike Food Co., Ltd.

      



        The
          first
          oral loan agreement between Taihong as lender and Weifang Jiaweike Food
          Co.,
          Ltd., a company in which Mr. Gao Zhentao served as a director, as borrower
          was
          made on or about September 3, 2005. Since then, there have been a number
          of
          borrowings and repayments under identical terms between these
          parties.


      


      These
        loans are unsecured, interest free and have no fixed date for repayment.
        There
        are no material covenants, conditions or restrictions attached to these cash
        advances to and repayments by Weifang Jiaweike Food Co., Ltd. As there is
        no
        written agreement, the remedies available to the creditor are prescribed
        pursuant to the laws of the PRC. The purpose of these loans was to provide
        Weifang Jiaweike Food Co., Ltd. with finance for its working capital. The
        management expects to receive the loan balance on demand in December
        2009.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      Loans
        from Companies in which Former Owner of PRC Yuhe Served as a
        Director

       

      Loan
        from Weifang Hexing Breeding Co., Ltd.

      



        The
          first
          oral loan agreement between Weifang Hexing Breeding Co., Ltd., a company
          in
          which Mr. Gao Zhentao served as a director, as lender and PRC Yuhe as borrower
          was made before January 1, 2005. Since then, there have been a number of
          borrowings and repayments under identical terms between these parties.
          


      


      These
        loans are unsecured, interest free and have no fixed date for repayment.
        There
        are no material covenants, conditions or restrictions attached to these cash
        advances to and repayments by PRC Yuhe. As there is no written agreement,
        the
        remedies available to the creditor are prescribed pursuant to the laws of
        the
        PRC. The purpose of these loans was to provide PRC Yuhe with finance for
        its
        working capital. The balance in the sum of $2,169,237 was repaid on June
        30,
        2007.

       

      Loan
        from Weifang Jiaweike Food Co., Ltd.

      



        The
          first
          oral loan agreement between Weifang Jiaweike Food Co., Ltd., a company
          in which
          Mr. Gao Zhentao served as a director, as lender and PRC Yuhe as borrower
          was
          made before January 1, 2005. Since then, there have been a number of borrowings
          and repayments under identical terms between these parties.


      



        These
          loans are unsecured, interest free and have no fixed date for repayment.
          There
          are no material covenants, conditions or restrictions attached to these
          cash
          advances to and repayments by PRC Yuhe. As there is no written agreement,
          the
          remedies available to the creditor are prescribed pursuant to the laws
          of the
          PRC. The purpose of these loans was to provide PRC Yuhe with finance for
          its
          working capital. The balance in the sum of $473,220 was repaid on June
          30,
          2007.


       

      Loan
        from Weifang Hexing Breeding Co., Ltd.

      



        The
          first
          oral loan agreement between Weifang Hexing Breeding Co., Ltd., a company
          in
          which Mr. Gao Zhentao served as a director, as lender and PRC Yuhe as borrower
          was made on or about March 12, 2008. Since then, there have been a number
          of
          borrowings and repayments under identical terms between these parties.
          


      


      These
        loans are unsecured, interest free and have no fixed date for repayment.
        There
        are no material covenants, conditions or restrictions attached to these cash
        advances to and repayments by PRC Yuhe. As there is no written agreement,
        the
        remedies available to the creditor are prescribed pursuant to the laws of
        the
        PRC. The purpose of these loans was to provide PRC Yuhe with finance for
        its
        working capital. The loan in the sum of $212,134 was repaid on August 30,
        2008.

       

      
        
          
          

        

        
          3