STOCK PURCHASE AGREEMENT
THIS STOCK PURCHASE AGREEMENT ("Agreement") is made, and entered into, effective as of the 7th
day of November, 2000, by, and between, Single Source Electronic Transactions, Inc., a Nevada corporation
("SSET"), and its shareholders (hereinafter referred to collectively with SSET as "Sellers") and Single Source
Financial Services Corporation, previously known as Ream Printing Paper Corp., a New York corporation
("SSFS"), as follows:
WHEREFORE, SSET has developed an independent sales organization over the past nine (9) months which sells
and leases electronic financial transaction equipment to merchants and signs such merchants up with a processor
in order to permit the processing of such electronic financial transactions.
WHEREFORE, SSFS desires to develop its business as an independent sales organization and, ultimately, to
become a processor.
WHEREFORE, the parties believe that as an initial step in the development of its business, SSFS should acquire
WHEREFORE, SSET desires to be acquired by SSFS, and SSFS desires to acquire SSET, under the terms
and conditions set forth herein.
In consideration of the mutual covenants and conditions contained herein, SSET and SSFS agree, as follows:
SECTION 1. STOCK PURCHASE
1.1 Purchase and Sale. Each of the shareholders in SSET hereby transfers and sells all of the issued and
outstanding stock of SSET to SSFS in exchange for 10,012,500 shares of restricted stock in SSFS and SSFS
hereby purchases all of the issued and outstanding stock of SSET in exchange for 10,012,500 shares of its
restricted stock under the terms and conditions set forth herein.
1.2 Compensation. The shareholders of SSET shall be compensated by the delivery to each of them one (1)
share of restricted stock in SSFS for each one (1) share of stock in SSET which they deliver to SSFS.
1.3 Operation of Business. Until the close of this transaction, SSET shall continue to operate its day to day
business as it h