"On January 8, 2008, Consolidation Services, Inc. (the "Company")
entered into an Agreement to assign Real Estate Purchase Option (the
"Option") to acquire 1,000 acres of land in Eastern Kentucky. The
Land is ideally suited for organic farming operations following
proposed coal mining operations and planned reclamation efforts. The
Company is required to pay a deposit of $100,000 for the Option and to
reassign 50% of all coal interests in the property. The purchase
price for the option is $1 million and the Company will pay $400,000
in addition to the $100,000 deposit for project development including
all reclamation plans, a contract for coal mining and overseeing the
actual mining and reclamation process. The Option expires in 90 days
unless extended for an additional 30 day period."
