Effective January 02, 2018, the Board of Directors (the "Board") of America Great Health (the "Company") determined that it was in the best interest of the Company to hire a new Chief Operating Officer ("COO"). Accordingly, the Board approved the appointment of Andy Weichu Sheng as the Company's COO.
Mr. Sheng, age 62, has 30 years extensive experiences in business management and operation. Prior to current positions, Mr. Sheng served as President at Tradeshowusa.com since 2002; and Chief Executive Officer at Bizusa.us since 2013, Mr. Sheng served as President at Shoes Expert; during 1998 to 2002, Mr. Sheng served as President and Chief Executive Officer at Hemei Security; Mr. Sheng also served as President at SICO Group General Electric China Sole Distributor for three years since 1990. Huge Stock Acquisition
On January 04, 2018, America Great Health (the “Company”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Health & Beauty Group, Inc. (the “Seller”), a California Corporation focus on manufacuring and distrubution of health supplements and costmetic beauty proucts. Pursuant to the Stock Purchase Agreement, the Company agreed to purchase 51% of common shares of the Seller, for an aggregate purchase price of $765,000, which consisting of 63,750,000 outstanding shares of the Company’s common stock at $0.012 per share.
The foregoing description of the Stock Purchase Agreement and its terms is qualified in its entirety by the full text of the agreement, which is filed as Exhibit 10.1 to, and incorporated by reference in, this report.
Mr. Mike Q. Wang Interim CEO, Interim Pres, VP, CFO, Sec. & Director 62
Mr. Herric Chan Independent Advisor 46
Mr. Tony Wu VP of Operation and Member of Board of Advisors 37
Robert Chen Ph.D., MHA Director of Bus. Devel. and Member of Board of Advisors
Mr. Terry Lee MBA Managing Director and Member of Board of Advisors 65
Dont be Afraid of the Share Structure
The CEO and INSIDERS Own 80-90%, LOCKED AWAY.