DR Shell LLC acquired 62% stake in PhoneBrasil International, Inc. (OTCPK:PHBR) from Custodian Ventures LLC for $0.25 million on December 9, 2020. Under the terms of the deal, DR Shell acquired 18 million shares of common stock of PhoneBrasil International and 10 million shares of Series A Convertible Preferred Stock of PhoneBrasil International, for a total purchase price of $0.245 million in cash. The shares were acquired pursuant to a stock purchase agreement, dated December 9, 2020. The funds were provided by the Buyer’s members. David Lazar resigned as the Chief Executive Officer, Treasurer and Secretary and Ross DiMaggio was appointed as the sole Director, Chief Executive Officer, Treasurer and Secretary. DR Shell LLC completed the acquisition of 62% stake in PhoneBrasil International, Inc. (OTCPK:PHBR) from Custodian Ventures LLC on December 9, 2020.