Exclusive Building Services, Inc. (OTCBB:EXBS) signed a letter of intent to acquire Dethrone Royalty, Inc. from Nick Swinmurn and Dan Swinmurn for $7.1 million on July 10, 2012. Pursuant to terms of the deal, Directors of Exclusive Building Services, Mike Holley and Toby McBride, will return 29.05 million shares of their 49.05 million common shares of Exclusive Building Services to the treasury. Exclusive Building Services will then issue 29.05 million newly-issued shares to Nick Swinmurn and Dan Swinmurn for all of the outstanding shares of Dethrone Royalty. The former shareholders of Dethrone Royalty will collectively hold 30.65% stake in Exclusive Building Services and Messrs. Mike Holley and Toby McBride will collectively hold 21.11% stake in Exclusive Building Services. Upon completion of the deal, Dethrone Royalty will become a wholly-owned subsidiary of Exclusive Building Services. Exclusive Building Services intends to change its corporate name to Dethrone Royalty Holdings, Inc. The Board of Directors of Exclusive Building Services will comprise of Mike Holley, Toby McBride, Nick Swinmurn and Dan Swinmurn.