P2P Ceelox, Inc. signed a share exchange agreement to acquire Ceelox, Inc. (OTCBB: CELO) in a reverse merger transaction on November 23, 2011. Under the terms of the deal, Ceelox, Inc. will issue 60% of outstanding shares of Ceelox, Inc. to the shareholders of P2P Ceelox, Inc. The deal is subject to approval of the Board of P2P Ceelox, Inc. and Ceelox, Inc., approval of government authority, due diligence, third party approval, obtaining financing of $0.5 million in debt, equity or a combination and conversion of debt into equity. Jody R. Samuels acted as a legal advisor to Ceelox, Inc. P2P Ceelox, Inc. cancelled the acquisition of Ceelox, Inc. (OTCBB:CELO) in a reverse merger transaction on March 7, 2012.