(1) A company may acquire all outstanding shares of one or more classes or series of another company if each company`s board of directors takes over and its shareholders agree to a share exchange plan (if required in point 607.1103). (a) the name of the company whose shares are acquired and the name of the company that assumes it; 3. The share exchange plan may define other exchange provisions. In accordance with the exchange agreement, the company agreed to acquire a 100% interest in IEGC for 272,447,137 common shares of the company after taking effect a 1 for 6 Counter-6. On March 13, 2013, the Company completed the acquisition of IEGC pursuant to the terms of the exchange agreement and sold 272,447,137 common shares of the Company to IEG after it came into force with Stock Reverse Split, in which the Company acquired a 100% interest in IEGC. The exchange of shares is a legal form of business consolidation in which some or all shares of a limited company are exchanged for part or all of the shares of another limited company. However, none of the groups exists anymore. (c) the nature and basis of the exchange of shares to be acquired for shares, commitments or other securities of the acquiring or other company, or in whole or in part for cash or other property, as well as the nature and basis of the exchange of shares of the company to be acquired for share acquisition rights , commitments or all or all of it, other securities of the takeover company or another company or, in whole or in part, for cash or other property. This section does not limit the power of a company to acquire, in whole or in part, shares of one or more classes or series of another company through voluntary exchange or other means.