EX-99 4 exhibit99i.htm LETTER OF UNDERSTANDING

Exhibit 99 (i)

TRUSTCASH

June 26th ,2008
 
Paivis, Corp
400 - 3475 Lenox Road
Atlanta Georgia
30326
 

RE: Amended Merger Agreement dated Feb 5, 2008 (the “Agreement”)

Attention: Ed Kwong, President
 
This letter will serve to acknowledge our understanding that the Outside Closing Date as described in the Agreement cannot be met.
 
Rather than terminate the Ag
reement I propose we continue our efforts to meet the due diligence requirements. In addition, if and when a suitable financing proposal is accepted we can at that time redefine the Outside Closing Date to correspond with a Merger.
 
Accepting that the above accurately details your understanding of our agreement in this regard could you please execute this letter where indicated and return same at your earliest convenience.
 
Yours truly,
 
 

TRUSTCASH HOLDINGS, INC.

Per:      /s/ Kent Carasquero                         
     Kent Carasquero, President
 
Acknowledged and agreed to this 26
th day of June, 2008, by:
 

PAIVIS, CORP

Per:     /s/ Edwin Kwong     
     Edwin Kwong, President