Document:

exh_10-2.htm

Exhibit 10-2

    

     

    CANCELLATION
AGREEMENT

     

     

    CANCELLATION
AGREEMENT, dated  10,  2010 (this
“Agreement”),
by and among, Extreme Home Staging, Inc., (“The Company”)
a Nevada Corporation  and Markensie Theresias. (the “Canceling
Party”).

     

     

    BACKGROUND

     

     

    Concurrently
herewith, the Company is entering into a Share Exchange Agreement with Q Lotus,
Inc.  (“QLIs”),
and its sole shareholder (the “Canceling
Party”), pursuant to which the Company will acquire from the Shareholder
all of the issued and outstanding capital stock of  (“QLIs”), in
exchange for 10,000,000 shares of the Company’s common stock (the “Share Exchange
Transaction”).

     

     

    It is a
condition precedent to the consummation of the Share Exchange Transaction that
the Canceling Party enter into this Agreement, which will effectuate the
cancellation of 8,850,000 shares of the common stock, par value $.0001 per
share, of the Company held by the Canceling Party (the “Subject
Shares”). The Canceling Party is entering into this Agreement to, among
other things, induce  (“The Company”)
to enter into the Share Exchange Transaction and the Canceling Party
acknowledges that (“The Company”)
would not consummate the transactions contemplated by the Share Exchange
Transaction unless the transactions contemplated hereby are effectuated in
accordance herewith.

     

     

    AGREEMENT

     

     

    NOW,
THEREFORE, in consideration of the mutual promises herein contained and for
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto agree as follows:

     

    1.   Cancellation of Subject
Shares. The Canceling Party has delivered to the Company for cancellation
stock certificates representing the Subject Shares along with duly executed
medallion guaranteed stock powers covering the Subject Shares (or such other
documents acceptable to the Company’s transfer agent) and hereby irrevocably
instructs the Company and the Company’s transfer agent to cancel the Subject
Shares such that the Subject Shares will no longer be outstanding on the stock
ledger of the Company and such that the Canceling Party shall no longer have any
interest in the Subject Shares whatsoever. The Company shall immediately deliver
to the Company’s transfer agent irrevocable instructions providing for the
cancellation of the Subject Shares.

     

    2. Representations by the
Canceling Party.

     

    (a)  The
Canceling Party owns the Subject Shares, of record and beneficially, free and
clear of all liens, claims, charges, security interests, and encumbrances of any
kind whatsoever. The Canceling Party has sole control over the Subject Shares or
sole discretionary authority over any account in which they are held. Except for
this Agreement, no person has any option or right to purchase or otherwise
acquire the Subject Shares, whether by contract of sale or otherwise, nor is
there a “short position” as to the Subject Shares.

    

    (b)  The
Canceling Party has full right, power and authority to execute, deliver and
perform this Agreement and to carry out the transactions contemplated hereby.
This Agreement has been duly and validly executed and delivered by the Canceling
Party and constitutes a valid, binding obligation of the Canceling Party,
enforceable against it in accordance with its terms (except as such
enforceability may be limited by laws affecting creditor's rights
generally).

     

    3. Further Assurances.
Each party to this Agreement will use his or its best efforts to take all action
and to do all things necessary, proper, or advisable in order to consummate and
make effective the transactions contemplated by this Agreement (including the
execution and delivery of such other documents and agreements as may be
necessary to effectuate the cancellation of the Subject Shares).

     

     

    4. Amendment and Waiver.
Any term, covenant, agreement or condition of this Agreement may be amended,
with the written consent of the Company and the Canceling Party, or compliance
therewith may be waived (either generally or in a particular instance and either
retroactively or prospectively), by one or more substantially concurrent written
instruments signed by the Company and the Canceling Party.

     

    5. Survival of Agreements,
Representations and Warranties, etc. All representations and warranties
contained herein shall survive the execution and delivery of this
Agreement. 

    

    6. Successors and
Assigns. This Agreement shall bind and inure to the benefit of and be
enforceable by the Company and the Canceling Party, and their respective
successors and assigns. 

    

    7.  Governing Law. This
Agreement (including the validity thereof and the rights and obligations of the
parties hereunder and thereunder) and all amendments and supplements hereof and
thereof and all waivers and consents hereunder and thereunder shall be construed
in accordance with and governed by the internal laws of the State of New York
without regard to its conflict of laws rules, except to the extent the laws of
Nevada are mandatorily applicable.

    

    8. Miscellaneous. This
Agreement embodies the entire agreement and understanding between the parties
hereto and supersedes all prior agreements and understandings relating to the
subject matter hereof. In case any provision of this Agreement shall be invalid,
illegal or unenforceable, the validity, legality and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby. This
Agreement may be executed in any number of counterparts and by the parties
hereto on separate counterparts but all such counterparts shall together
constitute but one and the same instrument. This Agreement may be reproduced by
any electronic, photographic, photostatic, magnetic, microfilm, microfiche,
microcard, miniature photographic, facsimile or other similar process and the
original thereof may be destroyed. The parties agree that any such reproduction
shall, to the extent permitted by law, be as admissible in evidence as the
original itself in any judicial or administrative proceeding (whether or not the
original is in existence and whether or not the reproduction was made in the
regular course of business) and that any enlargement, facsimile or further
reproduction shall likewise be admissible in evidence. Facsimile execution and
delivery of this Agreement is legal, valid and binding execution and delivery
for all purposes.

    

     

    IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the date first above written.

     

     

    EXTREME
HOME STAGING, INC.

     

     

    By: /s/ Markensie Theresias
                                 

     

     

    Title:
President and Chief Executive Officer

     

     

    MARKENSIE
THERESIAS, By: /s/     Markensie
Theresias
 Individuallyexh_10-3.htm

     

     

    Exhibit 10-3

     

     

    HARLEY DOME #10 AND #11

    LEGEND PROPERTY # 1 and # 
2

    QUITCLAIM
DEED

    

    FOR
MINING CLAIMS/SITES IN UTAH

    

    ATP
Holdings Inc., with a business address at 2764 Lakeshore Drive, Suite 111, Las
Vegas, Nevada, 89117

    

    for
consideration paid, assigns, conveys, and quitclaims to:

    

    Q Lotus
Inc., a Nevada Corporation, with a business address at 500 N Dearborn, Unit 605,
Chicago, IL, 60654

    

    The
following mining claims/sites in Grand County, Utah:

    

    
      	
              Claim/Site
      Name

            	
              BLM
      Serial Number

            
	
              Harley
      Dome #10

            	
              UMC
      331 938

            
	
              Harley
      Dome #11

            	
              UMC
      331 939

            

    

    

    

    WITNESS
this 27th  day
of April , 2010.

    

    

    

      /S/ John F.
Walter                                                      

    John F.
Walter

    

    ------------------------------------------------------------------------------------------------------------

    Acknowledgement
for Persons

    State of
Utah                                )

    Grand
County                                )

      The
foregoing instrument was acknowledged before me this 27th  day
of April , 2010.

    

    By                                                                John
F. Walter

    

    My
commission expires:  07/28/2012

      /S/ John F.
Walter                                                      

    (seal)                                                                                 Notary
Public

    

    ---------------------------------------------------------------------------------------------------------------------------------

    Acknowledgement
for Corporation

    State of
Utah                                )

    Grand
County                                )

        The
foregoing instrument was acknowledged before me this 27th  day
of April , 2010.

    

    

    By  John
F. Walter, President of ATP HOLDINGS, INC., a Nevada corporation, on behalf of
said corporation.

    

    My
commission expires:   07/28/2012

      /S/ John F.
Walter                                                      

    (seal)                                                                                 Notary
Public

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    
 

      Your
Geologist

      Dell R.
Foutz (Ph.D.)

      221 Messa
Avenue

      Grand
Junction, Colorado 81501

      (970)
243-7088

      

      February
8, 2010

       

      

      To Whom
It May Concern:

      

      I
submitted a report on properties of RWH Minerals, Inc. on September 8,
1993.  The property remains as it was on the date of the
report.  Although there have been some additional testing on the site,
nothing has been mined.

      

      Based on
the testing and the assays done in 1995 and 1996 and testing done in 2004 by
metallurgist, Greg Iseman of Henderson Nevada, the current value of one of the
mines is in excess of 53 Billion Dollars.  This is the in place value
calculated using the current value of the noble metals in the carbonaceous
ore.  The value is calculated using the following
parameters.

      

      
        	
                Acres

              	
                SF/Ac

              	
                Depth

              	
                lbs/cu
      ft

              	
                Tons

              	
                Net
      Value/Ton

              	
                Total
      Value

              
	
                80

              	
                43,560

              	
                23

              	
                100

              	
                4,007,520

              	
                13,225

              	
                $53
      Billion

              

      

      

      

      Respectfully,

      

        /S/  Dell
R.
Foutz                                               

      Dell R.
Foutz, Geologist

      

      Mesa
County Colorado

      

      On February 9, 2010, before me, a
Notary Public, personally came Dell R. Foutz, to me known to be the person
described in and who executed the foregoing instrument and acknowledged that he
had executed the same.

      

        /S/  Leandra
Ludlam                                                                

      Notary
Public                                                                           (seal)

      My
Commission Expires: 4/13/13

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      Your
Geologist

      Dell R.
Foutz (Ph.D.)

      221 Messa
Avenue

      Grand
Junction, Colorado 81501

      (970)
243-7088

      

      John
F. Walter

      RWH
MINERALS. INC.

      9916
52.5 Road

      Molina,
Colorado 81646

       

      September
27, 2006

       

      

      Dear
Sir:

      

      As
per your request, this letter serves as the valuation of Harley Dome # 10 Mining
Claim. My original report included your entire property and had a value at that
time of approximately $5.3 Trillion dollars. Harley Dome # 10 is very near the
center of the entire property and has the deepest deposit of ore. Assays taken
from this claim have proven to be above average, however I will use the averages
from the certified assays used previously. These were the reports
submitted.

       

      

      Bremer Technology Assay #20957 is for
Hole #1

      Bremer Technology Assay #20958 is for
Hole #2

      Bremer Technology Assay #20959 is for
Hole #3

      

      Metallurgical Research Lab Assay #2289
is for Hole #1

      Metallurgical Research Lab Assay #2290
is for Hole #2

      Metallurgical Research Lab Assay #2291
is for Hole #3

      

      Iseman Consulting Metallurgist
Surface Sample The insitu value of the deposit may be obtained by:

       

      
        	
                1)  

              	
                Taking
      the combined results from the three assay
  companies

              

      

      2) Calculating
the gross value per ton of ore

      3) Estimating
the area containing the ore

      
        	
                4)  

              	
                Use
      the depth of ore obtained from drilling the three holes and the density of
      the ore

              

      

      
        	
                5)  

              	
                Computing
      the total value.

              

      

      

      Based on
the figures received from the assay companies and RWH Minerals, Inc. concerning
the total acreage in Harley Dome #10, and the current value of the noble metals
found in the ore as of September 27, 2006, I submit the following
valuation:

       

      1) Value
from combined Assays $13,225/Ton

      2) Estimate
of area containing ore— 80 Acres

      3) Depth of
ore (average— 23 feet)

       

      4) Density
of ore 100 lbs/cu.ft.

      5) Total
amount of ore 4,007,520 Tons

      6) Total Value of ore in Harley Dome
#10$53,000,000,000

       

      Attached
is the breakdown of the assays which shows the current prices of the metals and
the average amounts obtained per ton of ore.

       

      

      

      Sincerely,

      

      /S/

      

      Dell R.
Foutz, Geologist

      Ph.
970-234-0788

      

      State of
Colorado  

       )ss.

      County of
Mesa                                           

       

      The
foregoing instrument was acknowledged before me this 27th day
of September, 2006 by Dell R. Foutz.

       

      

      Witness
my hand and notary seal.  My commission expires    10/01/2008  .

      

      (seal)                                             /S/  Lenna
S
Crim                                                                

      Notary Public

      

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      Your
Geologist

      Dell R.
Foutz (Ph.D.)

      221 Messa
Avenue

      Grand
Junction, Colorado 81501

      (970)
243-7088

      

      John
F. Walter

      RWH
MINERALS. INC.

      9916
52.5 Road

      Molina,
Colorado 81646

       

      September
27, 2006

       

      

      Dear
Sir:

      

      As
per your request, this letter serves as the valuation of Harley Dome # 11 Mining
Claim.  My original report included your entire property and had a
value at that time of approximately $5.3 Trillion dollars. Harley Dome # 11 is
very near the center of the entire property and has the deepest deposit of ore.
Assays taken from this claim have proven to be above average, however I will use
the averages from the certified assays used previously. These were the reports
submitted.

       

      

      Bremer Technology Assay #20957 is for
Hole #1

      Bremer Technology Assay #20958 is for
Hole #2

      Bremer Technology Assay #20959 is for
Hole #3

      

      Metallurgical Research Lab Assay #2289
is for Hole #1

      Metallurgical Research Lab Assay #2290
is for Hole #2

      Metallurgical Research Lab Assay #2291
is for Hole #3

      

      Iseman Consulting Metallurgist
Surface Sample The insitu value of the deposit may be obtained by:

       

      
        	
                6)  

              	
                Taking
      the combined results from the three assay
  companies

              

      

      7) Calculating
the gross value per ton of ore

      8) Estimating
the area containing the ore

      
        	
                9)  

              	
                Use
      the depth of ore obtained from drilling the three holes and the density of
      the ore

              

      

      
        	
                10)  

              	
                Computing
      the total value.

              

      

      Based on
the figures received from the assay companies and RWH Minerals, Inc. concerning
the total acreage in Harley Dome #11, and the current value of the noble metals
found in the ore as of September 27, 2006, I submit the following
valuation:

       

      7) Value
from combined Assays $13,225/Ton

      8) Estimate
of area containing ore— 80 Acres

      9) Depth of
ore (average— 23 feet)

       

      10) Density
of ore 100 lbs/cu.ft.

      11) Total
amount of ore 4,007,520 Tons

      12) Total Value of ore in Harley Dome
#11$53,000,000,000

       

      Attached
is the breakdown of the assays which shows the current prices of the metals and
the average amounts obtained per ton of ore.

       

      

      

      Sincerely,

      

        /S/  Dell
R.
Foutz                                          

      

      Dell R.
Foutz, Geologist

      Ph.
970-234-0788

      

      State of
Colorado  County of
Mesa                                         

       

      The
foregoing instrument was acknowledged before me this 27th day
of September, 2006 by Dell R. Foutz.

       

      

      Witness
my hand and notary seal.  My commission expires    10/01/2008  .

      

      (seal)                                             /S/  Lenna
S
Crim                                                                

      Notary Public

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      Your
Geologist

      Dell R.
Foutz (Ph.D.)

      221 Messa
Avenue

      Grand
Junction, Colorado 81501

      (970)
243-7088

      

      RESUME:
DR. DELL It FOUTZ, PH.D.

       

      EDUCATION:

      A.S.
1952 Weber State College.

      B.S.
1955 B.Y.U.

      M.S.
1960 B.Y.U. Stratigraphic Geology

      Ph.
D. 1965 Washington State University. Geology; Minor: Soils

       

      WORK
EXPERIENCE:

       

      1951
— 1954 Utah State Engineer's Office; water adjudication 1956 (summer) U.S.
Steel, coal exploration, in Colorado

      1956
— 1959 U.S. Air Force; pilot, radar and intelligence 1962 (summer) Shell Oil,
field geology, in Wyoming and Utah

       

      1964
— 1972 EXXON; exploration and production geology, in Texas 1972 — 1995 Mesa
State College; Professor of Geology and weather 1978 (summer) USBurRec Grand
Junction, dam sites, canal lining 1979 — 1081 Paraho (oil shale), geologist and
technical writer

       

      1993
— 1994 Chairman of geology Department, Mesa State College

       

      Consulting
in placer and hard-rock gold in Utah & Colorado Gravel deposits in Colorado,
Oil, gas, and uranium in Colorado, Utah, and Wyoming; homesites in Mesa
Co.

       

      MEMBERSHIPS:

      Grand
Junction Geological Society, Sigma Gamma Epsilon

      Formerly
a member of AAPG, AIPG, AIME/SME, SEPM, Sigma Xi, Gulf Coast geological Society,
Permian Basin geological Society.

      Served
two terms as President of GJGS, and was secretary of the local chapter of AIME
about seven years from about 1979 —1986

       

      
        	
                 
      

              	
                PUBLICATIONS:
      Where is the Gold on the Colorado River (1982, second Printing,
      1986)

              

      

       

      Geology
of Colorado, Illustrated (1994); a college text

      

      Resume

      This
abbreviated resume is prepared in March, 1995 to support my participation in a
small sample drilling project near the Utah-Colorado state line near Grand
Junction, CO.

       

      Respectfully
submitted,

       

      

        /S/                                           

      Dell R.
Foutz, Geologist,

      (970)
243-7088

      

      

      The
foregoing instruments were acknowledged before me this 12th day
of Octobver, 2006 by Dell R. Foutz, personally known to me.

      

      Witness
my hand and notary seal.  My commission expires    08/25/2010  .

      

      (seal)                                                        /S/                                                      

      Notary Public

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

    
      

       

      

       

      Mineral Rights
Agreement

       

      This
agreement is by and between “ATP HOLDINGS, INC.” hereinafter referred to as
"transferor" and Q Lotus, Inc. hereinafter referred to as
"transferee."  Transferor agrees to transfer all "rights, title and
interest" in the attached exhibit describing the asset(s) to transferee for real
and valuable consideration.  Transferor represents he/she is the
rightful holder of the assets to be transferred and further that said asset(s)
are free of any liens, encumbrances or debts.  Transferor further
represents to transferee the assets are not the subject of any lawsuits
currently filed or anticipated to be filed in the future.

       

      In exchange for the unencumbered
transfer of all rights, title and interest in the described asset(s), transferee
has agreed to a revenue sharing agreement with transferor to be derived from the
use of the asset(s).  Said usage will include but not be limited to
mining and extraction of minerals from subject properties and sale of said
minerals.  Additionally, mineral extractions might be utilized as
collateral for loans or might back securities offerings or be hypothecated in a
variety of ways.

       

      Transferor agrees to share with
transferee, (in accordance with revenue sharing agreement), whatever monetary
value received by transferor in conjunction with the asset(s) herein described
after deduction of all expenses.  Transferor agrees to protect the
value of the asset(s) being transferred and to utilize said asset(s) in a
responsible manner to achieve maximum value to be shared by transferor and
transferee.

       

      Transferor and transferee agree to
continue to work in cooperation with each other now and in the future to
maximize asset value for their mutual benefit.

       

      

       

        John F. Walter /
President  ATP HOLDINGS,
INC.                                                                                                                              May 7,
2010                                

       

        /S/ John F.
Walter                                           

       

      

       

      Markensie
Theresias, CEO Q Lotus
Inc                                                                                                               May 10,
2010           

       

       

       

       /S/ Marckensie
Theresias                                                                                                  

      6

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       Letter
Agreement

      

      

      

      Reference
is hereby made to the “revenue sharing agreement” recited in the Mineral Rights
Agreement dated May 7, 2010 by and between “ATP HOLDINGS, INC.” (“transferor”)
and Q Lotus, Inc. (“transferee”) hereinafter referred to as “The
Parties.”

      

      The
Parties hereby agree that the transferor shall be paid thirty percent (30%) of
the Net Revenue (gross revenue less all related expenses.)

      

      

      The
transferred assets include the following BLM Claims:

      

      
        	
                Serial
      Number

              	
                Claim
      Name

              
	
                UMC
      331 938

              	
                Harley
      Dome #10

              
	
                UMC
      331 939

              	
                Harley
      Dome #11

              

      

      

      

      

      Understood
& Agreed To:

      

      

      “ATP
HOLDINGS, INC.”

      

      By:             /S/ John F.
Walter                                                           5/15/2010                                

      John F. Walter,
President                                                                                                Date

      

      

      Q Lotus,
Inc.

       

      By:             /S/ Marckensie
Theresias                                                        6/7/2010                      

      Marckensie
Theresias                                                                                                Date

      

      

       

 

      
        
          
          

        

        
          7

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