DD Support Board and Research Team

[surfkast]

I believe the filing has a typo..

Changes in Control




Pursuant to a private SPA entered into on March 24, 2014 by and between Shawn Arizmendi and Fabian Arizmendi (the “Sellers”) and Travopoly Travel, LLC (the “Buyer”). Shawn Arizmendi is the record holder and beneficial owner of 80,000,000 shares and Fabian Arizmendi is the record holder and beneficial owner of 40,000,000 shares. Together the sellers of record beneficially own collectively 120,000,000 shares of common stock, par value per share $.001 of Ultimate Rack Inc., representing approximately 77.52% of Ultimate Rack Inc.’s issued and outstanding common stock.



Pursuant to the terms and conditions of this Agreement Shawn Arizmendi and Fabian Arizmendi hereby sell, assign, transfer, convey and deliver 120,000,000 to Travopoly Travel, LLC for an aggregate purchase price of $300,000.00. Such payment is to be paid in two equal installments of $150,000 each to be paid in the following manner: twenty-one (21) days of Closing and forty-five (45) days of Closing and the shares shall be held in escrow pending receipt of the funds by the Sellers. In the event that any payment is not completed in a timely manner then the Sellers shall retain the Shares and any payment made. The shares being transferred herein to Travopoly Travel, LLC are being sold in a private transaction exempt from the registration requirements of the Securities Act pursuant to Section 4(a)(2) of the Securities Act.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10057685


Financial Information


No Par Share Count: 0 Capital Amount: $ 40,000.00
Par Share Count: 200,000,000.00 Par Share Value: $ 0.0001
Par Share Count: 200,000,000.00 Par Share Value: $ 0.0001

https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Q8tT9KH9LqL24ULnQaFSeg%253d%253d&nt7=0