Document:

ASSET
      SALE AGREEMENT

    

    THIS
      ASSET SALE AGREEMENT (this “Agreement”) is made this 15th
      day of
      May 2005, by and among GUANO DISTRIBUTORS, INC, a Nevada corporation (“Guano”):
      GUANO DISTRIBUTORS PTY LTD, a South African Limited Company (“GDL”); and DAVID
      WALLACE (“Wallace”), based on the following:

    

    Recitals

    

    Guano
      wishes to acquire all the ownership interest stock of GDL from Wallace in
      exchange for assumption of all associated debts and liabilities of GDL, the
      option to purchase 20,000,000 shares of Guano at $0.001 per share and
      appointment to the Board of Directors of Guano for Wallace.

    

    Agreement

    

    Based
      on
      the stated premises, which are incorporated herein by reference, and for and
      in
      consideration of the mutual covenants and agreements hereinafter set forth,
      the
      mutual benefits to the parties to be derived here from, and other good and
      valuable consideration, the receipt and adequacy of which are hereby
      acknowledged, it is hereby agreed as follows.

    

    ARTICLE
      1

    

    CLOSING

    

    1.01 Exchange
      of Interests.
      On the
      terms and subject to the conditions set forth in this Agreement on the Closing
      Date (as defined in Section
      1.05
      hereof)
      GDL shall assign transfer and deliver to Guano, free and clear of all liens,
      pledges, encumbrances, charges, restrictions, or claims of any kind, nature,
      or
      description, all of their respective ownership interest in GDL (the “GDL
      Shares”) owned by Wallace which interests shall represent one hundred percent
      (100%) of the ownership interest in GDL, and Guano agrees to acquire such
      ownership interests on such date by issuing and delivering in exchange therefore
      an assignment of all liabilities and debts of Sociaf from Wallace to Guano
      (the
“Sociaf Assignment”). Such Assignment shall be presented to encompass all debts
      and liabilities of Sociaf and shall be duly notarized as of the Closing
      date.

    

    1.02 Closing.
      The
      Closing contemplated hereby shall be held at a mutually agreed upon time and
      place on or before May 15, 2005, (the “Closing Date”). The Agreement may be
      closed at any time following approval by a majority of the board of directors
      of
      GDL. The Closing may be accomplished by wire, express mail, overnight courier,
      conference telephone call or as otherwise agreed to by the respective parties
      or
      their duly authorized representatives.

    

    1.03 Closing
      Events.

    

    (a) Wallace
      Deliveries.
      Subject
      to fulfillment or waiver of the conditions set forth in Article
      IV,
      Wallace
      shall deliver to Guano at Closing all the following:

    

    (i)
      Copies of the resolutions of GDL’s board of directors’ minutes or consents
      authorizing the execution and performance of this Agreement and the contemplated
      transactions. In addition to the above deliveries, Wallace shall take all steps
      and actions as Guano may reasonably request or as may otherwise be reasonably
      necessary to consummate the transactions contemplated hereby.

    

    (b) Guano
      Deliveries.
      Subject
      to fulfillment or waiver of the conditions set forth in Article
      V,
      Guano
      shall deliver to Wallace at Closing all the following:

    

    
      	
            	(i)	
              Option
                agreement for the purchase of 20,000,000 shares of Guano at $0.001
                per
                share.

            

    

     

    
      	
            	(ii)	
              Appointment
                to the Board of Directors of Guano for
                Wallace.

            

    

    

    In
      addition to the above deliveries, Guano shall take all steps and actions as
      Wallace may reasonably request or as may otherwise be reasonably necessary
      to
      consummate the transactions contemplated hereby.

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    ARTICLE
      II

    MISCELLANEOUS

    

    The
      covenants set forth in this section shall survive the Closing Date and the
      consummation of the transactions herein contemplated.

    

    2.01 No
      Representation Regarding Tax Treatment.
      No
      representation or warranty is being made by any party to any other regarding
      the
      treatment of this transaction for national, provincial, federal or state income
      taxation. Each party has relied exclusively on its own legal, accounting. and
      other tax adviser regarding the treatment of this transaction for federal and
      state income taxes and on no representation, warranty, or assurance from any
      other party or such other party’s legal, accounting, or other
      adviser.

    

    2.02 Governing
      Law.
      This
      Agreement shall be governed by, enforced and construed under and in accordance
      with the laws of the State of Nevada.

    

    2.03 Notices.
      Any
      notices or other communications required or permitted hereunder shall be
      sufficiently given if personally delivered, if sent by facsimile or telecopy
      transmission or other electronic communication confirmed by registered or
      certified mail, postage prepaid, or if sent by prepaid overnight courier to
      the
      address of the respective parties 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 or sent by facsimile or telecopy transmission or other electronic
      communication, or one day after the date so sent by overnight
      courier,

    

    2.04 Entire
      Agreement.
      This
      Agreement represents the entire agreement between the parties relating to the
      subject matter hereof. All previous agreements between the parties, whether
      written or oral have been merged into this Agreement. 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

    

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

    

    2.06 Acceptance
      by Fax.
      This
      Agreement shall be accepted, effective and binding, for all purposes, when
      the
      parties shall have signed and transmitted to each other, by telecopier or
      otherwise, copies of the signature pages hereto.

    

    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.

     

    
      	
              GUANO
                DISTRIBUTORS, INC

              a Nevada corporation     

            	 	
              GUANO
                DISTRIBUTORS, PTY LTD.

              a
                South African Limited Company

            
	 	 	 	 	 
	 	 	 	 	 
	By:	
            	 	By:
	
            
	 	
              
Its
              Duly Authorized Officer	 	 	
              
Its
              Duly Authorized Officer
	 	Robert Russell 	 	 	
              David
                Wallace

            

    

     

    
      
         

      

      
        2ECOLAND
      INTERNATIONAL, INC.

    CONVERTIBLE
      PROMISSORY NOTE

     

    
      
        	 LOAN
                AMOUNT	 	$	50,000.	 
	 FACE
                VALUE	 	$	60,000	 

      

    

     

    December
      15th
      ,
      2006

    

    FOR
      VALUE
      RECEIVED, ECOLAND INTERNATIONAL, INC. a Nevada corporation (“Maker”)
      with
      principle headquarters located 4425 Ventura Canyon Ave., Suite 105 Sherman
      Oaks,
      CA 91423 hereby promises to pay to the order of Raymond Russell, together with
      any subsequent holder of this Note (“Holder”),
      the
      principal sum Sixty Thousand and No/100 Dollars ($60,000.00)
      , which
      sum is the amount financed (the "Loan
      Amount").
      

    

    Terms:
      This
      Note shall be due and payable without demand or notice in one (1) lump sum
      of
      unpaid principal on December 15th
      , 2007
      or earlier as provided below (“Maturity”).
      The
      Maturity shall be the earlier December 15th,
      2007 or
      the date that Maker receives its next funding either from the proceeds of a
      loan
      made by another lender or from the sale of Maker’s capital stock. In addition
      the Holder of the note may convert at his own option into the Company’s capital
      stock at $0.02 per share. Time is of the essence with respect to all payments
      and all obligations of Maker. Maker may prepay or convert this Note in full
      or
      in part at any time without penalty. 

    

    Use
      of Funds:
      Maker
      hereby represents and warrants that the proceeds of this loan shall be used
      (1)
      solely for Maker's business purposes; (2) not for the benefit of any of Maker’s
      affiliates or principals. Maker hereby acknowledges that but for its above
      representations and warranties, Holder would not make this loan or extend credit
      to Maker.

    

    Application
      of Payments:
      All
      payments received by Holder from or for the account of Maker due hereunder
      may
      be applied by Holder, in its sole and absolute discretion, in the following
      manner, or in any other order or manner as Holder chooses:

    

    First:
      To pay
      any and all costs, advances, expenses or fees due, owing and/or payable to
      Holder or paid or incurred by Holder, arising from or out of this Note, and
      any
      of the other Loan Documents; 

    

    Second:
      Payment
      of the outstanding principal balance on this Note.

    

    Default:
      Maker
      shall automatically and without notice or demand from Holder be in default
      if
      any of the following occurs: (a) failure of Maker to make any payment under
      this
      Note when due; (b) failure of Maker to timely comply with any other term,
      obligation, covenant or condition contained in this Note or the other Loan
      Documents; (c) the insolvency of Maker, the appointment of a receiver for any
      part of the Collateral, any assignment for the benefit of creditors, any type
      of
      creditor workout, or the commencement of any proceeding under any bankruptcy
      or
      insolvency laws by or against Maker; the foregoing are collectively hereinafter
      referred to as “Event(s)
      of Default.”

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Upon
      the
      occurrence of any Event of Default, and at any time thereafter, without notice
      to Maker, Holder, at its option, may exercise any one or more of the following
      rights and remedies, in addition to those provided for in the Loan Documents
      and
      any other rights or remedies available at law or in equity: (a) to declare
      the
      entire indebtedness under this Note immediately due and payable; and (b) sell
      or
      otherwise dispose of the Collateral with or without notice, at a public or
      private sale, with Maker remaining responsible for any amounts that are due
      under the Note after Holder has deducted all costs including, but not limited
      to, actual attorneys’ fees related to conducting the sale or disposition of the
      Collateral.

     

    Costs:
      Maker
      agrees to reimburse Holder for all costs, including, without limitation, actual
      attorneys’ costs, fees and disbursements, and all other expenses incurred to
      prepare the Loan Documents and to collect or enforce Holder’s rights under this
      Note and the Loan Documents, including repossession of the
      Collateral.

     

    No
      Offset:
      This
      Note is not subject to offset decrease, reductions, deductions, or counterclaim
      of any kind or nature whatsoever. Time is of the essence with respect to all
      payments and all obligations of Maker.

    

    Waiver
      of Trial by Jury:
      IN ANY
      ACTION BROUGHT BY HOLDER, MAKER, OR ANY THIRD PARTY ARISING UNDER THIS NOTE,
      OR
      ANY OTHER LOAN DOCUMENTS, OR ANY DOCUMENT OR INSTRUMENT EXECUTED IN CONNECTION
      THEREWITH, INCLUDING, WITHOUT LIMITATION, ANY ACTION BASED UPON FRAUD,
      NEGLIGENCE, BREACH OF CONTRACT, WASTE, INTENTIONAL TORT OR NEGLIGENT TORT,
      MAKER
      HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY AND AGREES THAT SUCH ACTION SHALL
      BE
      TRIED BY THE COURT ONLY. MAKER FURTHER AGREES TO EXECUTE AND TO FILE WITH ANY
      COURT IN WHICH ANY SUCH ACTION IS COMMENCED, ANY DOCUMENTS OR INSTRUMENTS
      NECESSARY TO EVIDENCE OR TO EFFECTUATE THIS WAIVER OF TRIAL BY
      JURY.

    

    
      	·  	
              Additional
                Representations and Warranties:
                Maker further acknowledges that Maker could have borrowed the Loan
                Amount
                from other sources and has reasonable and meaningful financial choices
                available to Maker, that the Loan Documents do not in any way constitute
                unconscionable contracts either substantively or procedurally, that
                the
                terms of this Note have been fully explained to the Maker and that
                Maker
                has voluntarily chosen to take advantage of this Loan. Each individual
                signing below on behalf of Maker hereby individually represents and
                warrants that they have the authority to do so and that the terms
                of all
                the Loan Documents are valid and legally binding on Maker. Maker
                represents and warrants that the Collateral is not in violation of
                any
                laws and agrees to forever indemnify and hold Holder harmless from
                any
                claims, demands, or legal actions arising from third parties out
                of or in
                connection to this Loan. There is no outstanding litigation against
                Maker
                or contemplated litigation to Maker’s knowledge. No settlement agreement
                or any other constraint prohibits the assignment, pledge, hypothecation,
                or transfer of the Collateral. All representations, warranties and
                acknowledgments made by Maker are true and correct and are a material
                inducement to Holder making this loan and shall survive the making
                of this
                Loan and the repayment by Maker.

            

    

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Attorney-in-Fact:
      Maker
      hereby appoints Holder as Maker's attorney-in-fact, with full authority in
      the
      place and name of Maker, to take such action and execute such documents as
      Holder may reasonably deem necessary or advisable in connection with the
      exercise of any remedies or any other action taken by Holder under the Security
      Agreement or any other Loan Documents. The foregoing appointment of Holder
      as
      Maker's attorney-in-fact will constitute an irrevocable proxy coupled with
      an
      interest.

    

    Entire
      Agreement:
      This
      Agreement, together with the other Loan Documents, embodies the entire agreement
      of the parties hereto in relation to the Loan, and no other agreement or
      understanding, verbal or otherwise, exists between the Parties except as herein
      expressly set forth herein. This Note can only be amended or modified by a
      written agreement signed by the parties hereto.

    

    Notices:
      All
      notices to either party must be sent by either overnight delivery service or
      Certified Mail, postage prepaid with return receipt requested to the respective
      party’s address on the first page hereof and will be considered received one (1)
      day after deposit with the overnight delivery service or five (5) days after
      the
      Mail postmark date.

     

    Further
      Assurances:
      Maker
      shall, at its sole expense and without expense to Holder, do, execute and
      deliver such further acts and documents as Holder from time-to-time may
      reasonably require for the purpose of assuring and confirming unto Holder the
      rights hereby created or intended, now or hereafter so to be, or for carrying
      out the intention of facilitating the performance of the terms of any Loan
      Documents, or for assuring the validity of any security interest.

     

    Governing
      Law:
      This
      Note and the other Loan Documents shall be governed by and construed and
      enforced in accordance with the internal laws of the California. If either
      party
      files an action against the other arising out of or in connection with this
      Note
      or the Loan Documents, the parties hereto agree to submit to the jurisdiction
      of
      the courts.

    

    Severability:
      In the
      event any provision or provisions of this Note are held to be invalid, illegal
      or unenforceable in any respect, this Note shall be construed as not containing
      that provision or provisions and all other provisions of this Note shall remain
      in full force and effect, and to this end the provisions of this Note are
      declared to be severable.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	“MAKER” 	 	 	 
	 	 	 	 
	ECOLAND INTERNATIONAL, INC.	 	 	 
	 	 	 	 
	 	 	 	 
	By: David
              Wallace	 	 	 
	 	 	 	 
	
              
President
              and Chief Executive Officer	 	 	
            

    

     

    THIS
      PROMISSORY NOTE CONTAINS FOUR (4) PAGES

     

    
      
        
        

      

      
        4

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