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FRIEDLAND CAPITAL LATIN AMERICA S.A.
                                    A FRIEDLAND GLOBAL CAPITAL COMPANY
                                    VIA ESPANA AND ELVIRA MENDEZ STREET
                                      DELTA TOWER  FOURTEENTH FLOOR
                                            PANAMA CITY, PANAMA
                                           TEL. +507 (836) 5167
                                                                              Jeffrey Friedland, Director
                                                                           Direct Tel. 1-646-450-8909
                                                                         Email jof@friedlandcapital.com



October 13, 2011

To: Semeon Monehin

From: Jeffrey Friedland, Director

Semeon: This is to confirm our discussions regarding our appointment of
you, as a vice president of our firm, to pursue clients for Friedland Global
Capital.

Our corporate finance direction enables growing entrepreneurial companies
in countries whose economies are growing to access foreign capital and
obtain a stock market listing in the U.S., Canada, Singapore, the United
Kingdom, Australia and Germany.

We look forward to working with you, and to confirm specifics of your
involvement as part of our firm, including compensation.

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Letter To Semeon Monehin Re Appointment

  • 1. FRIEDLAND CAPITAL LATIN AMERICA S.A. A FRIEDLAND GLOBAL CAPITAL COMPANY VIA ESPANA AND ELVIRA MENDEZ STREET DELTA TOWER FOURTEENTH FLOOR PANAMA CITY, PANAMA TEL. +507 (836) 5167 Jeffrey Friedland, Director Direct Tel. 1-646-450-8909 Email jof@friedlandcapital.com October 13, 2011 To: Semeon Monehin From: Jeffrey Friedland, Director Semeon: This is to confirm our discussions regarding our appointment of you, as a vice president of our firm, to pursue clients for Friedland Global Capital. Our corporate finance direction enables growing entrepreneurial companies in countries whose economies are growing to access foreign capital and obtain a stock market listing in the U.S., Canada, Singapore, the United Kingdom, Australia and Germany. We look forward to working with you, and to confirm specifics of your involvement as part of our firm, including compensation.