DEFINITION OF ESCROWEscrow is a legal arrangement in which an asset (such as
cash,
real property or other tangible assets) is deposited into safekeeping (e.g. a bank account) under the
trust of a neutral third party (escrow agent) pending satisfaction of
contractual contingency or condition. Once the condition has been met, the escrow agent will deliver the asset to the party prescribed by the contract
44MILLION SHARES IN ESCROW FOR THREE YEARS...WHICH LEAVES UNDER 30 MILLION TRADING SHARES