MoPals, Inc. acquired MortgageBrokers.com Holdings, Inc. (OTCBB:MBKR) from Alex Haditaghi in a reverse merger transaction on March 26, 2013. Post acquisition, MoPals shareholders will hold 97.48% of outstanding shares of MortgageBrokers. Prior to the acquisition, MortgageBrokers transferred its mortgage brokerage business to MortgageBrokers.com Canada Inc. The name of MortgageBrokers will be changed to MoPals,com, Inc. The deal was subject to resignations of Officers and Directors of MortgageBrokers except for Alex Haditaghi. Gregg Jaclin of Anslow & Jaclin LLP acted as legal advisor for MortgageBrokers.

MoPals, Inc. completed the acquisition of MortgageBrokers.com Holdings, Inc. (OTCBB:MBKR) from Alex Haditaghi in a reverse merger transaction on March 26, 2013.