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Exhibit 17.2
July 28, 2011
Board of Directors
American Retail Group, Inc.
2215-B Renaissance Dr.
Las Vegas, Nevada 89119
To the Board of Directors of American Retail Group, Inc.:
This is to advise you that I agree with the disclosure in the 8-K form of American Retail Group, Inc. regarding my resignation.
Sincerely,
/s/ Vassili Oxenuk
Vassili Oxenuk
cc: GUZOV OFSINK LLC.