Rongfu Aquaculture (PINK:RNFU)

Goes public On March 29, 2010 via a reverse merger.

Business Snapshot:

Rongfu Aquaculture, Inc. is engaged in commercial freshwater aquaculture in the PRC

Industry Snapshot:

• According to a recent study by the World Food and Agriculture Organization (“FAO”), in 2006 China contributed approximately 67% of the total quantity and 49% of the total value of worldwide aquaculture production.
  
• In China, approximately 90% of fish production comes from aquaculture.
  
• China’s aquatic production for 2009 is forecast to have reached 49.5 metric tons (“MMT”), an increase of approximately two percent from the estimated 48.6 MMT of production in 2008.
  
• China remains the world’s largest aquaculture producer.
  
• In 2005, according to the American Tilapia Association (“ATA”), tilapia production worldwide was second in volume to carp, and it is projected by the ATA that tilapia will become the most important aquaculture crop in the 21st century.
  
• Tilapias are also among the easiest and most profitable fish to farm. This is due to their omnivorous diet, mode of reproduction (the fry do not pass through a planktonic phase), tolerance of high stocking density, and rapid growth.

Post Merger Share Calculation:

•   2,350,000: Pre reverse merger outstanding shares  
•   2,350,000: Shares cancelled as part of the Share Exchange
•      666,666: Warrants
• 18,623,889: Newly issued shares of Common Stock
•   2,768,721: Shares from Convertible preferred stock associated with a private  placement
•   1,730,451: Warrants with $3.47 exercise price associated with private placement.  
•   1,730,451: Warrants with $4.17 exercise price associated with private placement.   

GeoTeam® best effort calculation of total post reverse merger outstanding shares assuming full conversions:  25,520,178