Followers | 149 |
Posts | 17898 |
Boards Moderated | 0 |
Alias Born | 04/12/2012 |
Thursday, February 16, 2017 10:41:14 PM
Closing Of Stock Purchase Agreement and Subsequent Share Exchange Agreement
On February 26, 2015, an investment group acquired three billion two hundred million (3,200,000,000) shares of Class A Common Stock and ten thousand (10,000) shares of Class B Common Stock of the registrant in a private transaction with the existing holder, an officer and director of the Company, and the majority holder.
On April 18, 2015, HG Restaurant Management Company (“HGRMC”), operator of Hibachi Gill, Inc. was acquired by the Company. Simultaneous with the acquisition, control was transferred to (Adel Nasser) owner of H G Restaurant Management Group Inc. HGRMGI.
The Registrant intends to file an Amendment to the Articles of Incorporation changing the name of the company at some future time.
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.01
CHANGE IN CONTROL OF REGISTRANT
Under the terms of the Stock Purchase Agreement detailed in Item 2.01, voting control of the Company was transferred to the Adel Nasser, who now controls 3,200,000,000 shares of Class A Common Stock, and 10,000 shares of Class B Preferred Stock (with voting rights of 100,000:1). Combined, this equates to an approximate 51% majority voting control on all shareholder matters.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11856426
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM