White Rim Cattle Company LLC and G Reed Petersen acquired 52.54% stake in Allied Ventures Holdings Corp. (OTCPK:DPHS) from Harold Minsky for $0.07 million on January 21, 2016. G. Reed Petersen and White Rim Cattle Company LLC, each purchased 25 million shares. In a related transaction, in Allied Ventures Holdings Corp issued a promissory note payable to White Rim Cattle Company LLC in the amount of $0.02 million, which is payable on demand, and carries an interest rate of 12% per annum. In conjunction with this change of control, Dephasium's Board of Directors has accepted the resignation of Harold Minsky, President and Chief Executive Officer and Sole Director of Dephasium, and has accepted the appointment of Reed Petersen as Dephasium Corp.'s new President and Chief Executive Officer, Chairman of the Board, and Sole Director.

White Rim Cattle Company LLC and G Reed Petersen completed the acquisition of 52.54% stake in Allied Ventures Holdings Corp. (OTCPK:DPHS) from Harold Minsky on January 21, 2016.