Exhibit
10.8
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 (“Raptor”)
7064 Sampey Road, Groveland Florida 34736.
1.
Funding :
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 in a 3.6 million gallon biodiesel system located at 7510
State Road 50 Groveland Florida. The initial total cost of this
project is $1,600,000.00. The timing for this payment for the
project will be paid out as fo