Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
AJ1G, INC.
FORMERLY KNOWN AS
GLOBAL CONSORTIUM, INC.
A NevadaCorporation
50 West Liberty Street, Suite 880
Las Vegas NV 89501
________________________________
86-173-45970915SIC -9995
Quarterly Report
For the Period Ending: June 30, 2022
(the "Reporting Period")
As of June 30, 2022, the number of shares outstanding of our Common Stock was: 60,132,121
As of December 31, 2021, the number of shares outstanding of our Common Stock was: 60,132,121
As of December 31, 2020, the number of shares outstanding of our Common Stock was: 4,258,482,747
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: | No: [ ] |
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: No:
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period:
Yes: No:
5 "Change in Control" shall mean any events resulting in:
- Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
- The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
- A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
- The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
- Name of the issuer and its predecessors (if any)
In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.
Present: AJ1G, Inc. formerly known as Global Consortium, Inc formerly known as Bahamas Development Corp.(changed on December 26, 2018) formerly known as KSTV Holding Company(changed September 2008) herein referred to as "AJYG" or the "Company."
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
Incorporated in Nevada, Active.
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
On October 27, 2020 the Company filed an Amendment with the State of Nevada to increase its Authorized shares to 4.5 billion shares. The increase was needed to enable the potential conversion of the Series A Preferred shares in to Common stock and replenish a reserve fund for the exchange of shares from the proposed merger in 2018. The Series A, if and when converted, will convert into 2,112,691,294 restricted Common shares.
On February 24, 2021, the Company's Board of Directors and the shareholder holding the majority of voting power of the Company filed an Amendment with the State of Nevada to effect a 1:4000 reverse stock split and reduce its authorized shares from 4,500,000,000 shares to 250,000,000 shares following the Reverse Split. Each 4,000 issued and outstanding shares of Common stock was combined into one new share of Common stock, with any resulting fractional shares of Common stock rounded up to the next nearest whole share of Common stock.
On November 18, 2021, the Company amended its Articles of Incorporation to eliminate all authorized classes of Preferred Stock. As a result, the only authorized shares as of the date of this Report are 250,000,000 common shares, $.0001 par value.
On February 17, 2022, FINRA announced that the Company's trading symbol was changed from GCGX to AJYG, its current trading symbol, and confirmed a 1-for-6 reverse split of the Company's issued and outstanding common shares.
The address(es) of the issuer's principal executive office:
50 West Liberty Street, Suite 880 Las Vegas, NV 89501
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: | No: |
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
N/A
2) | Security Information | ||
Trading symbol: | AJYG | ||
Exact title and class of securities outstanding: | Common Stock ("Common Stock") | ||
CUSIP: | 37891L206 | ||
Par or stated value: | $0.0001 | ||
Total shares authorized: | 250,000,000 | as of date: August 14, 2022 | |
Total shares outstanding: | 60,132,121 | as of date: June 30, 2022 | |
Number of shares in the public float: | 543,202 | as of date: August 14, 2022 | |
Total number of shareholders of record: | 417 | as of date: August 14, 2022 |
Additional class of publicly traded securities (if any):
Trading symbol: | N/A |
Exact title and class of securities outstanding: | None |
Transfer Agent | |||
Name: | Madison Stock Transfer, Inc. | ||
Phone: | (786) 627- 4453 | ||
Email: | inbox@madisonstockTransfer.com | ||
Address: | PO Box #290-145 | ||
Address 2: | Brooklyn, NY 11229-0145 |
Is the Transfer Agent registered under the Exchange Act?
Yes: | No: |
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors:
N/A
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
On February 24, 2021 the Company's Board of Directors and the shareholder holding the majority of voting power of the Corporation filed an Amendment with the State of Nevada to effect a 1:4000 reverse stock split of its common shares, and reduce its authorized common shares from 4,500,000,000 shares to 250,000,000 shares following the Reverse Split. Each 4,000 issued and outstanding shares of common stock were combined into one new share of Common stock, with any resulting fractional shares of Common stock rounded up to the next nearest whole share of common stock. On November 19, 2021, as part of the change of control by which Mr. Liangtian Wen acquired control of the Company, all previously issued and outstanding Preferred Shares were cancelled, and the Company's authorized shares became 250,000,000 common shares and -0- Preferred Shares.
On February 17, 2022, FINRA announced that the Company's trading symbol was changed from GCGX to AJYG, its current trading symbol, and confirmed a 1-for-6 reverse split of the Company's issued and outstanding common shares.
Item 3. Issuance History
- Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods:
- "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
- To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.
Number of Shares | Opening Balance: | |||||||||
outstanding as of | *Right-click the rows below and select "Insert" to add rows as needed. | |||||||||
12/31/2018 | Common: 274,687,610 | |||||||||
Preferred: 1,000,000 | ||||||||||
Date of | Transaction | Number of | Class of | Value | Were the | Individual/ | Reason for | Restricted | Exemption | |
Transaction | type (e.g. | Shares | Securities | of | shares | Entity Shares | share issuance | or | or | |
new | Issued (or | shares | issued at | were issued to | (e.g. for cash | Unrestricte | Registratio | |||
issuance, | cancelled) | issued | a | (entities must | or debt | d as of this | n Type? | |||
cancellation | ($/per | discount | have individual | conversion) | filing? | |||||
, shares | share) | to | with voting / | OR Nature of | ||||||
returned to | at | market | investment | Services | ||||||
treasury) | Issuanc | price at | control | Provided (if | ||||||
e | the time | disclosed). | applicable) | |||||||
of | ||||||||||
issuance | ||||||||||
? | ||||||||||
(Yes/No) | ||||||||||
01/16/2019 | Return to | 60,000,000 | Common | Trans Global | |||||||
Treasury | Group, Inc. Matt | ||||||||||
Dwyer | |||||||||||
01/28/2019 | New | 17,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
02/04/2019 | New | 10,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
02/05/2019 | New | 15,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
02/14/2019 | New | 10,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
03/06/2019 | New | 27,798,570 | Common | .0001 | Yes | Chin LLC | Exchange* | Restricted | |||
Lyndon Chin | |||||||||||
03/18/2019 | New | 27,798,570 | Common | .0001 | Yes | CTJ Holding Inc | Exchange* | Restricted | |||
Claudel Jeannot | |||||||||||
03/25/2019 | New | 10,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
03/26/2019 | New | 194,589,998 | Common | .0001 | Yes | Sue Hooten | Exchange* | Restricted | |||
03/26/2019 | New | 194,589,998 | Common | .0001 | Yes | Christopher | Exchange* | Restricted | |||
Cross | |||||||||||
03/27/2019 | New | 20,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
03/28/2019 | New | 5,003,743 | Common | .0001 | Yes | Douglas Tokarik | Exchange* | Restricted | |||
07/08/2019 | New | 50,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
07/23/2019 | New | 55,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
08/26/2019 | New | 50,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
09/13/2019 | New | 30,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
10/24/2019 | Return to | 199,161,427 | Common | .0001 | Susan Hooten | ||||||
Treasury | |||||||||||
11/04/2019 | New | 30,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
11/07/2019 | Return to | 185,304,284 | Common | .0001 | Christopher | ||||||
Treasury | Cross | ||||||||||
11/14/2019 | New | 40,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
12/09/2019 | New | 30,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
12/10/2019 | New | 27,798,570 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
12/16/2019 | New | 30,000,000 | Common | .0001 | Yes | VS Services | Debt | Unrestricted | 4(a)(1) | ||
LLC Rick | Conversion | ||||||||||
Houraney | |||||||||||
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AJ1G Inc. published this content on 24 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 20:37:08 UTC.