REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement

On January 4, 2017, Real Estate Contacts, Inc. (the Company)
closed the Asset Purchase Agreement (APA) with Patriot Bioenergy
Corporation, a Kentucky corporation (Patriot), for the purchase
of all of the assets related to the business of operating a hemp
processing and growth operation and selling hemp related products
(the Business). This transaction was the subject of the Letter of
Intent disclosed in our Form 8-K filed on November 15, 2016. The
LOI was amended on December 6, 2016, and an amendment to our
November 15 Form 8-K was filed on the same date.

After consummation of the APA, in which the Company acquired all
of Patriots stock, Patriot became a wholly owned subsidiary of
the Company.

Section 2Financial Information

Item 2.01. Completion of Acquisition or Disposition of
Assets

As stated in Item 1.01 above, the Company acquired all of the
assets of Patriot (the Assets) to an Asset Purchase Agreement.
The assets include all of Patriots stock; machinery and equipment
used in the hemp business; inventory; the real property and
leases of real property; customer, supplier and distributor
lists; accounts receivable; licenses; and goodwill. There were no
material relationships between the Patriot, and its officers,
directors, or affiliates, and the Company, or the Companys
officers, directors, or affiliates

The Company acquired the Assets in exchange for 50,000 shares of
Company common stock.

Section 9Financial Statements and Exhibits.

Item 9.01. Financial Statements and Exhibits.

a.

Financial Statements of Business Acquired (to be
filed in an amendment to this Form 8-K by no later than March 22,
2017)

b.

Pro Form Financial information (to be filed in
an amendment to this Form 8-K by no later than March 22, 2017)

c.

Not Applicable

d.

Exhibits

About REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC)

Real Estate Contacts, Inc. is engaged in the ownership and operation of a real estate advertising portal Website. The Company provides an online real estate search portal that consists of an advertising and marketing platform for real estate professionals. It provides a service that enables real estate professionals to capture, cultivate and convert leads, which caters to home buyers and sellers from its real estate search engine Website, (www.realestatecontacts.com). RealEstateContacts.com serves as an Internet portal that features a real estate search engine and a media network that directs consumers to receive detailed information about current listings, homes for sale, commercial properties, mortgages and foreclosures. Its business is conducted solely within the Internet arena. The Company is also engaged in developing online video Websites for the enterprise market.

REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) Recent Trading Information

REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) closed its last trading session down -0.06 at 2.65 with 200,100 shares trading hands.