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STOCK, ASSET AND BUSINESS ACQUISITION AGREEMENT
This STOCK, ASSET AND BUSINESS ACQUISITION AGREEMENT (this
"AGREEMENT") is
entered into as of JuNE 1, 2008 and comes into effect on the same
day by and
between the following two Parties:
(1) Company Name: Kyodo USA, Inc.
("Kyodo USA")
Type of
Company: A corporation
duly incorporated and validly existing
under the laws of the State of Delaware
Business
Address: 1675 Federal Avenue, Suite 8
Los Angeles, California, USA 90025
(2) Company Name: OBN Holdings Inc
("OBNI").
Type of
Business: A U.S. Public Company trading under the symbol
"OBNI",
and duly incorporated and validly existing under the
laws of Nevada, USA
Business
Address: 8275 South Eastern Ave., Suite 200,
Las Vegas, Nevada, USA 89123
WHEREAS: Mr. Takeo Suzuki, hereinafter referred to as
"SHAREHOLDER", owns
one hundred percent (100%) of the common stock of KYODO USA; and no
other
common or preferred stock have been issued or pledged to any other
party;
and all of the assets of KYODO USA have been verified for the
purposes of
this transaction on the true financial statements of the company
under US
Generally Accepted Accounting Principles ("GAAP").
WHEREAS: SHAREHOLDER shall transfer one hundred percent (100%) of
the
KYODO USA common stock owned by SHAREHOLDER, and one hundred
percent (100%)
of the assets and business of KYODO USA to OBNI, and OBNI shall
acquire the
common stock, assets and business of KYODO USA from SHAREHOLDERS in
exchange
for eight hundred thousand (800,000) OBN Holdings shares, valued at
a price
of six hundred thousand dollars ($600,000) as consideration for
this
transaction. The
business operati
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