Exhibit
10.7
Letter of Intent
Raptor
Fabrication & Equipment
7064 Sampey
Rd
Groveland, FL
34736
Attention: Tom Gleason, Dwayne
Dundore
October 29, 2010
Dear, Mr.
Gleason, Mr. Dundore:
When countersigned by each of the parties, the
following will constitute our letter of intent, outlining the
general terms with respect to funding by Eco Ventures Group, Inc,
(“EVG”) 4577 Nob Hill Road, Suite 201, Sunrise, Florida
33351 for Raptor Fabrication & Equipment 7064 Sampey Road,
Groveland, FL 34736.
Upon execution of this Letter of Intent &
Proposal Order Form, Eco Ventures Group, Inc. agrees to provide
certain funding for its participation in a Joint Venture with
Raptor Fabrication & Equipment in a 2000 ton per year platinum
group metals recovery plant located in Groveland, FL. The initial
cost of this project is $1,300,000.00. The timing for this payment
for the project wi