ADGS Advisory Limited entered into a share exchange agreement to acquire Life Nutrition Products, Inc. from Asset Intelligences Ltd., Clover Meadow Corp. and other shareholders in a reverse merger transaction on December 7, 2012. Life Nutrition Products will issue 20.2 million shares as consideration to ADGS Advisory Limited. As reported, if closing of the transaction does not occur on or before March 31, 2013, the transaction can be cancelled by ADGS Advisory and Life Nutrition Products. The Board of Directors of ADGS Advisory and Life Nutrition Products have determined that the transaction is desirable and in the best interests of their respective shareholders. The transaction is subject to among other things, satisfactory due diligence investigations by ADGS Advisory and Life Nutrition Products and purchase by certain designees of ADGS of a total of 2 million shares of Life Nutrition Products from existing shareholders of the Life Nutrition Products. The transaction is expected to close on or before March 31, 2013. As on April 4, 2013, closing date of the transaction was extended to on or before April 15, 2013. David M. Kaye of Danzig Kaye Cooper Fiore & Kay, LLP acted as legal advisor for ADGS Advisory Limited.

ADGS Advisory Limited completed the acquisition of Life Nutrition Products, Inc. from Asset Intelligences Ltd., Clover Meadow Corp. and other shareholders in a reverse merger transaction on April 12, 2013.