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AMENDMENT TO ACQUISITION AGREEMENT

Asset Purchase Agreement

AMENDMENT TO ACQUISITION AGREEMENT | Document Parties: SUNWIN INTERNATIONAL NEUTRACEUTICALS, INC. | QuFu Natural Green Engineering Co, Ltd | Qufu Shengwang Stevia Biology and Science Co, Ltd | Shandong Shengwang Group, Co, Ltd You are currently viewing:
This Asset Purchase Agreement involves

SUNWIN INTERNATIONAL NEUTRACEUTICALS, INC. | QuFu Natural Green Engineering Co, Ltd | Qufu Shengwang Stevia Biology and Science Co, Ltd | Shandong Shengwang Group, Co, Ltd

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Title: AMENDMENT TO ACQUISITION AGREEMENT
Date: 9/8/2008
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT TO ACQUISITION AGREEMENT, Parties: sunwin international neutraceuticals  inc. , qufu natural green engineering co  ltd , qufu shengwang stevia biology and science co  ltd , shandong shengwang group  co  ltd
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Exhibit 10.15

AMENDMENT TO ACQUISITION AGREEMENT

THIS AMENDMENT (the “Amendment”) is made effective as of September 2, 2008 by and between QuFu Natural Green Engineering Co., Ltd., a limited liability company organized under the laws of the Peoples Republic of China (“Qufu Natural Green”), and Qufu Shengwang Stevia Biology and Science Co., Ltd., a limited liability company organized under the laws of the Peoples Republic of China (the “Company” or “Qufu Shengwang”), and Shandong Shengwang Group, Co., Ltd., a limited liability company organized under the laws of the Peoples Republic of China, an owner of an interest in Qufu Shengwang (“Shandong Shengwang”). Qufu Natural Green, Qufu Shengwang and Shandong Shengwang may collectively be referred to as the “Parties”.

BACKGROUND

A.         Qufu Natural Green, Qufu Shengwang and Shandong Shengwang are the parties to that certain Acquisition Agreement dated as of June 30, 2008 (the "Agreement"); and

B.        The amount of the net tangible assets of Qufu Shengwang was reduced from $11,693,666 to $10,334,022 as a result of the application of generally accepted accounting principles in the United States (“US GAAP”) required to eliminate the difference between the fair market value and cost basis of the land use rights that were recorded by Qufu Shengwang in its financial statements prior to completion of an audit to its financial statements as of April 30, 2008;

C. &n


 
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