ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On
As part of the change of control, the Seller resigned as the Company's sole
officer and director,
As of the date of this Form 8-K, the authorized capital stock of the Company
consists of 75,000,000 shares of common stock, par value
NEW DIRECTOR AND EXECUTIVE OFFICER
Set forth below is information about the Designee, who became the Company's sole
officer and director on
Name Age Position(s) with the Company Yu Yang 39 Director, CEO, CFO, Secretary
Directors are elected by the shareholders, or in the case of a vacancy, are elected by the Directors then in office, to hold office until the next general meeting of shareholders of the Company and until their successors are elected and qualify or until their earlier resignation or removal. There has not been a meeting of the Company's shareholders in the past two fiscal years.
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
To the Company's knowledge, during the past ten (10) years, neither the Purchaser nor the Designee has been:
? the subject of any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time; or ? convicted in a criminal proceeding or is subject to a pending criminal proceeding (excluding traffic violations and other minor offenses); subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or found by a court of competent jurisdiction (in a civil action), the Commission or theCommodity Futures Trading Commission to have violated a federal or state securities or commodities law.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information regarding the beneficial ownership of the Company's common stock by (i) each stockholder known by the Company to be the beneficial owner of more than 5% of the Company's common stock and (ii) by the sole director and executive officer of the Company, as of the completion of the change of control and management. The person or the company named in the table has sole voting and investment power with respect to the shares beneficially owned. Percentage ownership of Common Name of Beneficial Owner Beneficial Ownership of Common shares Shares Yu Yang (1) 3,500,000 (1) 79.9% Directors and Officers (1 person) 3,500,000 (1) 79.9%
(1)
ITEM 5.01 CHANGE OF CONTROL.
The information set forth in Item 1.01 hereinabove is incorporated by reference. As a result of completing the transaction contemplated by the Stock Purchase Agreement described in Item 1.01 of this Form 8-K, there was a change of control of the Registrant.
© Edgar Online, source