Attached files

EXHIBIT 99.1
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                                  William Tay
                          2000 Hamilton Street, #943
                            Philadelphia, PA 19130


March 8, 2011

To: Acantha Acquisition Corp. (the "Company")

Re: Resignation as Officer and Director

Dear Sirs,

I hereby tender my resignation as a Director and as President,  Chief Executive
Officer,  Secretary  and  Treasurer  of  Acantha Acquisition Corp., a  Delaware
corporation (the "Company"), to be effective March 10, 2011.

I hereby waive and renounce any claim against  the Company, including any claim
for accrued but unpaid wages, severance, compensation or benefits.

My resignation does not in any way imply or infer  any  dispute or disagreement
relating to the Company's operations, policies or practices.

I wish the Company much success in its future endeavors.

Sincerely,



/s/ William Tay
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William Tay





                           UNANIMOUS WRITTEN CONSENT
                         BY THE BOARD OF DIRECTORS OF
                           ACANTHA ACQUISITION CORP.
                            A DELAWARE CORPORATION
                             IN LIEU OF A MEETING

       Pursuant  to  the Delaware General Corporation Law,  as  amended,  which
provides that any action  required  to  be  taken  at a meeting of the board of
directors of a Delaware corporation may be taken without a meeting if a consent
in writing setting forth the action so taken shall be  signed  by  all  of  the
directors,  the  undersigned, being all of the directors of ACANTHA ACQUISITION
CORP., a Delaware  corporation (the "Corporation"), do hereby waive any and all
notices that may be  required  to  be  given  with  respect to a meeting of the
directors of the Corporation and do hereby take, ratify,  affirm,  and  approve
the following actions:

       RESOLVED, that the number of board seats is hereby increased to two (2),
and ANTONIO BECCARI is hereby appointed as Director of the Corporation to  fill
the newly created board seat, to hold such office until the next annual meeting
of shareholders;

       RESOLVED,  that  the resignation of WILLIAM TAY as President, Secretary,
Treasurer and Director of the Corporation is hereby accepted, and the number of
board seats is hereby decreased to two (2);

       RESOLVED, that ANTONIO  BECCARI  is hereby appointed as President, Chief
Executive Officer, Secretary and Treasurer of the Corporation;

       RESOLVED, that the appropriate officers  of the Corporation be, and they
hereby are, authorized and directed to take all such  further  actions  and  to
execute  and  deliver  all  such  instruments  and documents in the name and on
behalf of the Corporation, and under its corporate  seal  or  otherwise,  as in
their judgment shall be necessary, proper, or advisable in order to fully carry
out the intent and to accomplish the purposes of the foregoing resolutions.

       The  undersigned,  being all of the directors of the Corporation, hereby
unanimously consent to, approve,  and adopt the foregoing actions as of the 8th
of March, 2011, notwithstanding the actual date of the signing.




                                        /s/ William Tay
                                        ------------------------------------
                                        WILLIAM TAY




                                        /s/ Antonio Beccari
                                        ------------------------------------
                                        ANTONIO BECCARI





I, ANTONIO BECCARI, hereby accept my  appointment as Director, President, Chief
Executive Officer, Secretary and Treasurer  of  Acantha  Acquisition  Corp.,  a
Delaware corporation.


/s/ ANTONIO BECCARI
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ANTONIO BECCARI
Dated: March 8, 2011




I, William Tay, hereby resign as President, Chief Executive Officer, Secretary,
Treasurer and Director of Acantha Acquisition Corp., a Delaware corporation, to
be effective on March 10, 2011.

I,  William  Tay, hereby waive and renounce any claim against said corporation,
including any  claim  for  accrued but unpaid wages, severance, compensation or
benefits.



/s/ William Tay
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William Tay
Dated: March 8, 201