Xinrui Wang acquired 94.6% stake in Global Entertainment Corp. from Custodian Ventures LLC for $0.18 million.
June 17, 2019
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Xinrui Wang entered into a stock purchase agreement to acquire 94.6% stake in Global Entertainment Corp. from Custodian Ventures LLC for $0.18 million on June 18, 2019. Pursuant to the agreement, Custodian Ventures will transfer 17.7 million restricted common stock of Global Entertainment and 10 million restricted shares of the Series A Preferred stock. The transaction closing is subjected to written notarized Consent of the resignations of all officers and directors and of resolutions of the Board of Directors of Global Entertainment Corp. McMurdo Law Group, LLC acted as the legal advisor to Xinrui Wang and Custodian Ventures LLC. Bryan R Clark Pc acted as the legal advisor to Custodian Ventures LLC.
Xinrui Wang completed the acquisition of 94.6% stake in Global Entertainment Corp. from Custodian Ventures LLC on June 18, 2019.
CXJ Group Co., Limited, formerly Global Entertainment Corporation, is an integrated event and entertainment company that is engaged, through its subsidiaries, in sports management, multipurpose events center development, facility and venue management and marketing, and venue ticketing. Its operating subsidiaries are Western Professional Hockey League, Inc., Global Properties I, International Coliseums Company, Inc., Global Entertainment Marketing Systems, Inc., Global Entertainment Ticketing, Encore Facility Management and GEC Food Service, LLC. WPHL operates and manages a minor professional hockey league known as the Central Hockey League (the League). Global Properties I (GPI) provide services in mid-sized communities across the United States related to the development of multipurpose events centers. GPI's development of multipurpose events centers promotes the development of the League by assisting licensees in securing venues, in which to play professional hockey league games.
CXJ GROUP CO., LIMITED 
