GlobalGroup Investment Holdings Inc. (OTCPK:GIHI) signed a letter of intent to acquire 120 acre oil and gas lease in Miami County Kansas from Ad Astra Oil Corporation on November 28, 2012. Under the terms of the acquisition GlobalGroup will immediately upon completion of the definitive purchase agreement assume the production of 9 oil wells and then rework the 5 additional secondary recovery wells. The agreement is subject to final completion of normal due-diligence. The agreement is expected to be completed by December 15, 2012.

Embarr Downs, Inc. (OTCPK:EMBR) cancelled the acquisition of 120 acre oil and gas lease in Miami County Kansas from Ad Astra Oil Corporation on November 28, 2013.