SureTrader
Nadex Advertisement
Interactive Brokers Advertisement
Home > Boards > US OTC > Electronics and components >

VW Win Century Inc. (VWIN)

VWIN RSS Feed
Add VWIN Price Alert      Hide Sticky   Hide Intro
Moderator: surfkast
Search This Board: 
Last Post: 6/29/2017 4:39:22 PM - Followers: 14 - Board type: Free - Posts Today: 0




 
Nature of Business and Organization
VW Win Century, Inc. ("VW Win Century" or the "Company"), an Illinois corporation, was formed on March 3, 2013 as Cooling Technology Solutions, Inc. ("CTS"), a wholly-owned subsidiary of Epazz, Inc. ("Epazz"), an Illinois corporation. On September 19, 2013, the Company amended its Articles of Incorporation to change the name from Cooling Technology Solutions, Inc. to Z Fridge, Inc. and was renamed Flexfridge, Inc. on May 29, 2014 and further renamed on September 12, 2016 to VW Win Century, Inc.
 
On September 7, 2013, the sole Director, and majority shareholder, holding over two thirds of the voting power of the Corporation's Class A and Class B Common Stock of Epazz, voted to approve the spin-off and stock dividend of Z Fridge, whereby each of Epazz' shareholders of record on September 15, 2013 received 1 share of Z Fridge for each 10 shares of Epazz Class A Common Stock as distributed on November 21, 2013.
 
On or about August 26, 2016, Shaun Passley, our former officer and director sold an aggregate of Two Hundred Sixty Two Million Nine Hundred Nine Thousand Two Hundred and Fifty Five (262,909,255) shares of the Class A Common Stock of the Company (or 525,819 shares on a post-reverse split basis) to Teik Keng Goh in a private transaction.   As a result of the purchase, Teik Keng Goh became the majority shareholder of our Company and beneficially owned stock representing 75.45% of the issued and outstanding Class A Common Shares. In addition, Mr. Passley also sold Sixty Million (60,000,000) shares of Class B Common Stock and Twenty Million (20,000,000) shares of Series A Preferred Stock to Teik Keng Goh, representing all of the issued and outstanding shares of those series and classes.
 
Effective as of August 31, 2016, our board of directors appointed Teik Keng Goh and See Kuy Tan to fill vacancies on the board with Teik Keng Goh serving as Chairman.  The board of directors appointed See Kuy Tan as President, Chief Executive Officer, Treasurer and Chief Financial Officer and Kathleen Mary Johnston as Secretary of the Company.  The forgoing individuals will serve in their respective positions until their earlier resignation or removal.

In September 2016, VW Win Century Inc. acquired an OTC company named, Flexfridge Inc., which is a current reporting and fully audited company which is both DTC and DWAC eligible. Per OTC Markets, Flexfridge Inc. changed its name to VW Win Century Inc. and its OTC symbol to VWIN.

In the first quarter of 2017 the company will have acquired 100% of a Hong Kong registered company focusing on a Sturgeon Theme Park Business. The unique characteristics is that the Sturgeon Theme Park is the World’s First Sturgeon Aquaculture Theme Park.

The company intends to focus on existing opportunities in the Asian market that have above average operating margins, sustainable growth, and undervalued assets. This will insure a high potential for shareholder return. Important to this strategy is that the companies have the ability to expand into the worldwide market where they can also employ management’s highly successful entrepreneurial expertise.

 
Financial Reporting/Disclosure
Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Sep 30, 2016 10-Q
CIK 0001630391
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 3630 - Household Appliances
Incorporated In: IL, USA
Year of Inc. 2013
Employees 5 a/o Feb 16, 2016
Company Officers/Contacts
See Kuy Tan President, CEO, CFO
Kathleen Mary Johnston Secretary
W. Scott Lawler Legal Counsel
Company Directors
Teik Keng Goh Chairman
See Kuy Tan  
Service Providers
Accounting/Auditing Firm
M&K CPAS, PLLC
4100 North Sam Houston Pkwy W
Suite 200-B
Houston, TX, 77086
United States
 
Securities Counsel
Booth Udall Fuller  
1255 W. Rio Salado Parkway
Suite 215
Tempe, AZ, 85281
United States
 
Investor Relations Firm

Not Available
Company History
  • Formerly=Flexfridge Inc until 9-2016
VWIN Security Details
Share Structure
  Market Value1 $249,335,692 a/o Mar 08, 2017
  Authorized Shares 3,000,000,000 a/o Oct 18, 2016
  Outstanding Shares 99,734,277 a/o Nov 15, 2016
  -Restricted Not Available
  -Unrestricted Not Available
  Held at DTC Not Available
  Float 104,044 a/o Oct 18, 2016
  Par Value Not Available
Transfer Agent(s)
Island Stock Transfer
Shareholders
Shareholders of Record 86 a/o Oct 03, 2016
Security Notes
  • Capital Change=shs decreased by 1 for 500 split. Pay date=08/11/2016.
    Capital Change=shs decreased by 1 for 500 split. Pay date=08/11/2016.









https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11826033


https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11826033

 
Note Payable
On December 31, 2015, the Company incurred a $250,000 note payable to Epazz, Inc., a company controlled by a related party Shaun Passley, for a patent licensing agreement. Interest expense is incurred at a 15% annual rate on principal.  Interest expense for the nine months ended September 30, 2016 was $28,125.
 
Note 3 – Related Parties
 
Note Payable
On December 31, 2015, the Company incurred a $250,000 note payable to Epazz, Inc., a company controlled by a related party Shaun Passley, for a patent licensing agreement. Interest expense is incurred at a 15% annual rate on principal.  Interest expense for the nine months ended September 30, 2016 was $28,125.
 
Accounts Payable
The Company occasionally borrowed fund from Epazz, Inc. to fund operating activities. These borrowings of $34,827 and $34,856 at September 30, 2016 and December 31, 2015, respectively are reflected in Accounts payable. Accrued interest of $28,125 at September 30, 2016 associated with the aforementioned $250,000 note payable to Epazz, Inc. is included in Interest payable.
 
Shares of Class A Common Stock Issued to Related Parties Pursuant to a Stock Distribution
On November 21, 2013, Epazz, Inc. distributed 345,610,950 shares of the Class A common stock of the Company among Epazz, Inc.'s shareholders pursuant to the spin-off of the Company from Epazz, Inc. Each shareholder of record on September 15, 2013 was issued one share of VW Win Century, Inc. Class A common stock for each share of Epazz, Inc. class A common stock owned by the shareholder. A total of 297,385,702 of these shares were issued to related parties representing approximately 86% of the total shares issued.
 
On or about August 26, 2016, Shaun Passley, our former officer and director sold an aggregate of Two Hundred Sixty Two Million Nine Hundred Nine Thousand Two Hundred and Fifty Five (262,909,255) shares of the Class A Common Stock of the Company (or Five Hundred Twenty Five Thousand Eight Hundred Nineteen Thousand (525,819) shares on a post-reverse split basis) to Teik Keng Goh in a private transaction.   As a result of the purchase, Teik Keng Goh became the majority shareholder of our Company and beneficially owned stock representing 75.45% of the issued and outstanding Class A Common Shares. In addition, Mr. Passley also sold Sixty Million (60,000,000) shares of Class B Common Stock and Twenty Million (20,000,000) shares of Series A Preferred Stock to Teik Keng Goh, representing all of the issued and outstanding shares of those series and classes. Shaun Passley has no remaining ownership in the Company.
 
Shares of Class B Common Stock Issued to Related Parties Pursuant to a Services Rendered
On January 13, 2015, the Company issued 60,000,000 shares of Class B Common Stock to Shaun Passley, the president of the Company at that time for product development services. The total fair value of the Class B Common Stock was $5,827 based on an independent valuation on the date of grant. On or about August 26, 2016 Mr. Passley sold Sixty Million (60,000,000) shares of Class B Common Stock to Teik Keng Goh, representing all of the issued and outstanding shares of Class B Common Stock.
 
 
 
 
- 8 -

 
 
 
VW Win Century Inc. 
Notes to Financial Statements
September 30, 2016
 
 
Shares of Series A Preferred Stock Issued to Related Parties Pursuant to a Services Rendered
On January 13, 2015, the Company issued 20,000,000 shares of Series A Preferred Stock to Shaun Passley, the president of the Company for management services. The total fair value of the Series A Preferred stock was $70,654 based on an independent valuation on the date of grant. On or about August 26, 2016 Mr. Passley sold Twenty Million (20,000,000) shares of Series A Preferred Stock to Teik Keng Goh, representing all of the issued and outstanding shares of Series A Preferred Stock.
 
Shares of Series B Preferred Stock Issued to Related Parties Pursuant to a Services Rendered
On January 13, 2015, the Company issued 16,000,000 shares of Series B Preferred Stock to Epazz, Inc. a corporation controlled by the president of the Company for offices services. The total fair value of the Series B Preferred Stock was $9,661 based on an independent valuation on the date of grant.
 
On January 13, 2015, the Company issued 1,998,000 shares of Series B Preferred Stock to GG Mars Capital Inc. a related party at the time for financing services. The total fair value of the Series B Preferred Stock was $1,206 based on an independent valuation on the date of grant.
 
On January 13, 2015, the Company issued 1,998,000 shares of Series B Preferred Stock to Star Financial Corporation a related party at the time for financing services. The total fair value of the Series B Preferred Stock was $1,206 based on an independent valuation on the date of grant.
 
On January 13, 2015, the Company issued 4,000 shares of Series B Preferred Stock to Craig Passley a related party at the time for management services. The total fair value of the Series B Preferred Stock was $2 based on an independent valuation on the date of grant.

 
Note 7 – Subsequent Events
 
On October 5, 2016, the Company entered into a Securities Purchase Agreement with Teik Keng Goh, the Chairman of the Company's Board of Directors, for the purchase of a total of 99,000,000 restricted shares of the Company's Class A Common Stock for a total purchase price of $10,000, which is a cost per share of $0.000101.



 

 
VWIN
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#1109   The news is the same today as it surfkast 06/29/17 04:39:22 PM
#1108   No news of any kind over 6 months BoredPoster 06/29/17 03:25:08 PM
#1107   No_word_on_sturgeon_theme_parks_or_flexible_fridges BoredPoster 06/29/17 03:24:14 PM
#1106   If_Q2_2017_financials_don't_show_income_or_expenses_this_stock_is_dead BoredPoster 06/29/17 03:23:20 PM
#1105   I guess the jokke is on them. BoredPoster 05/16/17 08:21:04 PM
#1104   Just another Shaun scam with new front men. surfkast 05/16/17 07:30:03 AM
#1103   No mention of gambling either BoredPoster 05/16/17 12:24:05 AM
#1102   WHAT HAPPENED TO THE THEME PARK? surfkast 05/15/17 03:20:29 PM
#1100   Did VWIN file an NT? BoredPoster 05/15/17 11:08:36 AM
#1099   I forgot, the_whole_flexfridge_was_a_lie!!: SEE Inside: BoredPoster 05/08/17 12:00:18 PM
#1098   Nothing but ongoing lies for the mullets. surfkast 04/28/17 08:16:00 PM
#1097   What would one be investing in anyway? BoredPoster 04/28/17 07:47:05 PM
#1096   Exactly what business is VWIN in? BoredPoster 04/28/17 07:46:13 PM
#1095   No_mention_of sturgeon_theme_park business_activity either. Need_Q1_10Q_for_sure now. BoredPoster 04/28/17 07:44:59 PM
#1094   SO THE 10K SHOWS NO REVENUE AND STILL surfkast 04/28/17 01:32:46 PM
#1093   Why_buy_stock_in_another_business_to_sell_as_stock_in_completely_different_concept? BoredPoster 04/25/17 03:53:19 PM
#1092   And VWIN_bought_fridge_stock only to start sturgeon_themeparks dumping fridge_co BoredPoster 04/25/17 03:26:10 PM
#1091   Funny, FlexFridge_site_still_up despite Shaun's selling_all_shares_and_patents BoredPoster 04/25/17 03:21:53 PM
#1090   The 12th of never? surfkast 04/25/17 03:08:35 PM
#1089   Think VWIN'll file an_NT_10-q? Need_to_see Sturgeon_Theme_Park income_and_reven BoredPoster 04/25/17 01:12:51 PM
#1088   When are we going to see VWIN_2016_10-k? BoredPoster 04/25/17 12:59:32 PM
#1087   looks pretty dead here. surfkast 04/23/17 08:36:23 PM
#1086   0_Volume_for_two_full_weeks_now._Must_be_waiting_for_financials. BoredPoster 04/07/17 04:58:48 PM
#1085   Oct_2016_VWIN_sold_99,000,000_shares_to_Teik_Keng_Goh_for_$10,000._That's_$.0001_per_share. [url BoredPoster 04/07/17 12:43:25 PM
#1084   Not yet. But based on the SEC release surfkast 04/06/17 11:46:02 AM
#1083   So the SEC suspended trading of VWIN? BoredPoster 04/06/17 10:41:38 AM
#1082   Posted: April 5, 2017 6:40 p.m. PDT surfkast 04/06/17 09:25:41 AM
#1081   Wouldn't_asian_authorities_in_the_countries_where_the_scam_victims_are_located_ BoredPoster 04/05/17 01:18:17 PM
#1080   How_can_VWIN_be_halted_and_delisted?_Who_would_have_to_contact_the_SEC_and how?_If_no_burned_Chinese BoredPoster 04/05/17 01:12:47 PM
#1079   This is how they scam the Chinese investors... Watcher31 04/05/17 12:56:07 AM
#1078   No_news,_no_financials,_no_trade_volume:_Is_VWIN_Dead? BoredPoster 04/03/17 05:53:39 PM
#1077   Pretty funny stuff! surfkast 04/03/17 12:18:06 PM
#1076   Pretty funny stuff! surfkast 04/03/17 12:18:05 PM
#1075   Replace Photoshopped fridge website with Photoshopped sturgeon theme-park websit BoredPoster 04/03/17 09:20:57 AM
#1074   No income + no expenses = no business. BoredPoster 04/03/17 09:18:30 AM
#1073   No 10-k or NT10-k? Hiding _the_fact_VWIN_is_a_sham? BoredPoster 03/31/17 01:07:28 PM
#1072   Need_to_see_2016_10-k_and_Q1_2017_10-q_to_see_business_income_and_expenses!! BoredPoster 03/28/17 12:07:40 PM
#1071   No_PR's,_Parent_CO_EPAZZ_fighting_collections,_need_to_see_progress_on_theme_parks BoredPoster 03/24/17 05:46:14 PM
#1070   The annual report is due March 31 unless surfkast 03/22/17 10:57:13 AM
#1069   POS scam. surfkast 03/16/17 05:22:47 PM
#1068   Then_BAM_Shaun_RS'd_and_now_FLXR_IS_VWIN BoredPoster 03/16/17 02:35:56 PM
#1067   Just_Like_FLXR_was_supposed_to_buy_factories_to_make_the_fridge: https:/ BoredPoster 03/16/17 02:34:15 PM
#1066   Last_PR_said_first_theme_parks_would_be_started_end_2016: www.otcmarkets BoredPoster 03/16/17 02:12:06 PM
#1065   Just_a_website_with_photoshopped_images_just_like_FLXR: vwinusa.com/pend BoredPoster 03/16/17 02:04:38 PM
#1064   There's_been_no_news_since_October_investor_PR BoredPoster 03/16/17 01:57:41 PM
#1063   Need_to_know_if_VWIN_has_done_anything_with_proposed_sturgeon_theme_parks_or_online_asian_gambling. BoredPoster 03/16/17 01:56:56 PM
#1062   Why_buy_VWIN_before_they_report_financials? BoredPoster 03/16/17 01:55:02 PM
#1061   VWIN_Spiked_but_now_it's_dropping_like_Epaz_see: BoredPoster 03/16/17 01:52:59 PM
#1060   Shouldn't_file_NT-10k._VWIN's_2016_10-k_in_two_weeks_should_only_have_share_re-organization,_adver BoredPoster 03/15/17 03:14:49 PM
#1059   Downward_trend_share_value_drops_50%_in_current_chart: investorshub.ad BoredPoster 03/09/17 07:12:21 PM
PostSubject