Reverse Acquisition
On January 16, 2013 we entered into a share exchange agreement with Eclipse Delaware and its shareholders. Pursuant to the terms of the share exchange agreement, we agreed to acquire all 93,745,000 of the issued and outstanding shares of Eclipse Delaware’s common stock in exchange for the issuance by our company of 196,000,008 shares of our common stock to the shareholders of Eclipse Delaware.
On April 4, 2013 we closed the share exchange by issuing the required 196,000,008 common shares to the Eclipse Delaware shareholders. Concurrently, and as a condition to closing the share exchange agreement, we cancelled 5,000,000,000 shares of our common stock.