Link Bit Consulting Co., Ltd entered into a letter of intent to acquire STI Holdings, Inc (OTCPK:STIG) in a reverse meger transaction on April 25, 2012. STI Holdings will issue 25 million shares to acquire Link Bit Consulting. Pursuant to the transaction, Link Bit Consulting will change its name to Grand Perfecta Inc. All current officers and Directors will resign and Shuya Watanabe will be appointed as Chairman and Chief Executive Officer. The transaction is expected to be closed by May 12, 2012.