Monkey Rock Group, Inc. (OTCPK:MKRO) announced that it intends to conduct a private placement with new investor CRJ Real Estate and Investment Group, LLC for gross proceeds of $2,000,000 on February 24, 2012. The letter of intent is non-binding and the loan remains subject to additional diligence and underwriting. The investor has up to 60 days to complete the transaction. Upon successful completion of the due diligence, and closing of the loan, the investor will receive an equity interest in the company of 20,000,000 shares along with 1% share of the monthly gross revenues of the mine for the duration of the project.