STOCK PURCHASE AGREEMENT
This
Agreement (“ Agreement ”) made as of this 6th
day of May, 2009, by and between HORST BALTHES (“
Seller ”) and TELEMEDICINE, INC. (“
Buyer ”) as to the facts set forth below:
WITNESSETH:
WHEREAS,
Seller holds ownership of certain
stock in ANVIL FOREST PRODUCTS, INC. (“ANVF”), and
desires to sell an amount FIFTY THOUSAND (50,000) shares,
and
WHEREAS
, Buyer desires to acquire 50,000 of
Seller’s shares in ANVF, representing 1.13% of the total
4,430,000 issued and outstanding shares of ANVF, pursuant to this
Agreement,
NOW,
THEREFORE , in
consideration of the mutual covenants contained herein and other
good and valuable consideration the adequacy and receipt of which
is hereby acknowledged,
IT
IS AGREED, as follows:
1. Seller
agrees to sell, and Buyer agrees to purchase from Seller, TWO
HUNDRED FIFTEEN THOUSAND (215,000) shares of common stock at the
total purchase price of FOUR HUNDRED NINETY TWO and no/100 U.S.
Dollars ( $492 ). Payment shall be in U.S. Dollars, in the
form of cash or check as follows. Payment shall be in U.S. Dollars,
in the form of cash, bank wire or check as follows. An amount of
$492 in good funds delivered and cleared to Seller’s
account via escrow agent WILLIAM R. BARKER, PA (“Escrow
Agent”) (account information as provided by separate
communiqué’).
2. Upon
receipt of payment at closing, Seller agrees to deliver to Buyer,
share certificates representing the Common shares of ANVF Stock,
duly endorsed for transfer.
3. The
Closing contemplated hereby will occur on or before the May 6,
2009.
4.
REPRESENTATIONS AND WARRANTIES: The undersigned Buyer hereby
represents and warrants to Seller:
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a.
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The undersigned Buyer is
acquiring the Stock solely for investment for his or her own
account and not with a view to, or for, resale in connection with
any distribution within the meaning of any federal securities act,
state securities act or any other applicable federal or state
laws;
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b.
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The undersigned Buyer understands
the speculative nature and risks of investments associated with the
Stock, and confirms that the Stock would be suitable and consistent
with his or her investment program; that his or her
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