GME Innotainment Inc (GMEV)

[funnyG986]

GMEV HUGE DD found. MUST READ. Billion dollar company owns 55% of GMEV; GMEV owns 20% of a subsidiary of a Billion dollar company

China 3D Digital Entertainment Limited (trading at HK exchange:8078 owns 55% of GMEV

Read from the following filing from China 3D Digital Entertainment Limited
China 3D Digital Entertainment Limited
(Incorporated in Bermuda with limited liability)
(Stock Code: 8078)
DISCLOSEABLE TRANSACTION
DISPOSAL OF PARTIAL INTEREST OF DIRECT SUBSIDIARY
AND
ACQUISITION OF SHARES IN TARGET COMPANY
The Board is pleased to announce that on 4 May 2015, the Vendor and the Purchaser
entered into the Share Exchange Agreement in relation to the acquisition of 55%
of the issued share capital of the Target Company by the Purchaser, which shall be
satisfied by the allotment and issue of the Consideration Shares of the Purchaser as the
consideration of the Acquisition. The principal terms of the Share Exchange Agreement
are summarised as follows:

Parties:
1. Purchaser: Direct Success Group Limited (to be renamed to GME China
Entertainment Limited), a company incorporated in British
Virgin Islands, a wholly-owned subsidiary of the Company
2. Vendor: Great China Mania Holdings Inc., a corporation incorporated
in Florida
3. Target Company: GME Holdings Limited, a company registered in Hong Kong
and is a wholly-owned subsidiary of the Vendor prior to
completion of the Acquisition

http://www.china3d8078.com/images/cms/1972883910.pdf

Read from GMEV's latest 10Q
On May 6, 2015, the Company and its wholly owned subsidiary GMEH executed a share exchange agreement with GME China Entertainment Limited (“GME China”, formerly known as Direct Success Group Limited), an investment holding BVI company owning 100% of Markwin Investment Limited (“Markwin”). Pursuant to the terms of the share exchange agreement, the Company acquired 20% equity interest of GME China and control of Markwin in exchange for GME China acquiring 55% equity interest of GMEH from the Company. After the transaction, the Company retains 56% equity interest and control of GMEH.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11027671

Read from GMEV's 8k
Item 1.01 Entry into a Material Definitive Agreement.

On May 6, 2015, Great China Mania Holdings, Inc. (the “Company”) and its wholly owned subsidiary GME Holdings Ltd (“GMEH”) executed a Share Exchange Agreement with Direct Success Group Limited (“DSGL”), an investment holding company focusing on artist management business ventures.

Pursuant to the terms of the Share Exchange Agreement, the Company acquired 20% of DSGL in exchange for DSGL acquiring 55% of GMEH from the Company.

Prior to the closing, the Company held 100% ownership of GMEH. After the closing, the Company retained the equivalent of 56% of GMEH (45% plus 20% of 55%).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10679851