Attached files

file filename
8-K/A - AMENDED CURRENT REPORT ON FORM 8-K/A DATED FEBRUARY 11, 2014 - Oakridge Global Energy Solutions, Inc.f8ka1currentreportlwbclean1e.htm
EX-10 - LOAN AGREEMENT - Oakridge Global Energy Solutions, Inc.loanagreementlwbclean5021314.htm
EX-10 - INTELLECTUAL PROPERTY SECURITY AGREEMENT - Oakridge Global Energy Solutions, Inc.okmeipsecurutyagreementlwbcl.htm

ASSIGNMENT



KNOW ALL BY THESE PRESENTS:


That Newmark Investment Limited, a corporation organized under the laws of Hong Kong, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, hereby assigns all of its right, title and interest in and to that certain loan of USD $2M  that was made to finance the business operations of Oak Ridge Energy Technologies, Inc., a Colorado corporation (“Oak Ridge”) (the “Oak Ridge Loan”), and any right of lien on any assets of Oak Ridge as a result of such Oak Ridge Loan or other rights therein to Expedia Holdings Limited, a corporation organized under the laws of Hong Kong.


EXPEDIA HOLDINGS LIMITED

Sole Director of Newmark Investment Limited



Dated: 2/24/2014

.

By /s/ Jiahe Hong

     Jiahe Hong, Director

     Expedia Holdings Limited





NOTICE



TO:

Oak Ridge Energy Technologies, Inc.

3046 E. Brighton Place

Salt Lake City, Utah  84121


In accordance with the attached Consent of the Sole Member of the Board of Directors of Newmark Investment Limited, a corporation organized under the laws of Hong Kong (“Newmark”), Newmark has assigned all of its right, title and interest in and to the USD$2M loan to finance the business operations of Oak Ridge Energy Technologies, Inc. (the “Oak Ridge Loan”) to Expedia Holdings Limited, a corporation organized under the laws of Hong Kong.


EXPEDIA HOLDINGS LIMITED

Sole Director of Newmark Investment Limited



Dated: 2/24/2014

By /s/ Jiahe Hong

     Jiahe Hong, Director

     Expedia Holdings Limited