Under the letter of intent it is proposed that JMC, a capital pool company listed on the Exchange, will acquire all of the issued and outstanding securities of Tekion or complete some other form of transaction that has the same effect. Shares of Tekion will be exchanged for shares of JMC such that following the exchange, current holders of JMC shares will hold approximately 8% of the JMC shares and current holders of Tekion shares will hold approximately 92% of the JMC shares.

Concurrently with the closing of the qualifying transaction the resulting issuer intends to complete an equity private placement financing raising gross proceeds to JMC of a minimum of $6,000,000.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Tekion, based in Burnaby, British Columbia (www.tekion.com) is currently developing a micro fuel cell that will be used to power cell phones, laptop computers and other mobile devices. By integrating advanced battery technology with a unique micro fuel cell technology, Tekion is creating a new "personal power source". Known as a Formira(TM) Power Pack, this new power source is capable of fitting inside your mobile device.

A press release with further particulars relating to the proposed transaction will follow in accordance with the policies of the Exchange.