GreenKraft Inc. acquired approximately 68.5% stake in Sunrise Global Inc. (OTCPK:SGBL) from Shaojun Sun for $0.12 million on May 16, 2013. Under the terms of the agreement, Shaojun Sun sold 2.3 million shares. As per the first amendment to stock purchase agreement dated July 17, 2013, the aggregate purchase price for the control shares shall be $78,701 and the aggregate purchase price for all of Shaojun Sun's right, title and interest in loans made by him to Sunrise Global is $21,929. Also, Sun paid $25,000 as a finder's fee in connection with this transaction. Shaojun Sun resigned as President, Chief Financial Officer, and Secretary of Sunrise Global. George Gemayel has been appointed as President, Chief Financial Officer, and Secretary.

GreenKraft Inc. completed the acquisition of approximately 68.5% stake in Sunrise Global Inc. (OTCPK:SGBL) from Shaojun Sun on May 16, 2013.