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Last Post: 4/27/2022 8:27:43 PM - Followers: 176 - Board type: Free - Posts Today: 0





Form Type

 

 

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): November 24, 2020

 

Born, Inc.

(Exact Name of Registrant as Specified in its Charter



8-K
 
  2020-12-01 

On November 24, 2020, Quture International, Inc. (the “Company”), amended its articles of incorporation change its name to Born Inc. (the “Name Change”). The change was made in anticipation of entering into a new line of business operations.

Also on November 24, 2020, the Company amended its articles of incorporation to reverse split its common stock at a rate of 1 for 1,000 (the “Reverse”).

Item 8.01. Other Events

On December 1, 2020, FINRA declared the Name Change and the Reverse effective. Also on December 1, 2020, the Company was informed by FINRA that the Company’s ticker symbol would be changed to BRRN in twenty business days

https://fintel.io/doc/sec-qutr-8k-quture-international-2020-december-01-18597





9/28/2020 UPDATE:
*8K
. Reverse Merger to FiveT Capital Holding AG

On September 23, 2020, as a result of a private transaction, 10,000,000 shares of Series A Convertible Preferred Stock, $0.001 par value per share (the “Shares”) of Quture International, Inc., a Nevada corporation (the “Company”), were transferred from Custodian Ventures, LLC (the “Seller”) to FiveT Capital Holding AG (the “Purchaser”). As a result, the Purchaser became an approximately 50.2% holder of the voting rights of the issued and outstanding share capital of the Company on a fully-diluted basis of the Company, and became the controlling shareholder. The consideration paid for the Shares was $265,000.

On September 23, 2020, the existing director and officer resigned immediately. Accordingly, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and a Director. At the effective date of the transfer, Mr. Wieland Kreuder consented to act as the new President, CEO, CFO, Treasurer, Secretary and Chairman of the Board of Directors of the Company.

 

Mr. Wieland Kreuder, age 46, has worked at FiveT Capital AG, Zurich, for thirteen years. He was an Executive Vice President from October 2007 to April 2014, and a Director from May 2014 to the present. Mr. Kreuder was an equity specialist trader at Baader Bank AG, Munich, from April 2004 to September 2007. He has a Master Degree in Economics from the University of Hohenheim

 

 



9/24/2020 Update:
*Recent flurry of filings at NVSOS, SEC, and Clark County Courts throughout August and September
*Custodian discharged and all future claims barred at Clark County Courts: clean Lazar shell ready for merger
*Per the 10-K, Oustanding Shares approximately 83% Insider Owned by Lazar and former CEO, G. Landon Feazell
*Insiders sold zero shares since Lazar took custodianship, including on recent run to .0189
*9/10/20 Certificate of Designation filed at NVSOS
*9/23/20 10-K/A filed with SEC
*On high alert for merger news/filings





Update - September 18: A saavy researcher found an important SEC disclosure provision: a company, upon appointing a new executive officer, can delay the 8-K until it issues a press release, meaning it's still possible a change of control took place Thursday, September 10th:



Update - September 17: Still no Form 4s filed with the SEC, meaning that even on Monday's run to .0187, insiders sold zero shares. The Sept. 10 Certificate of Designation at NVSOS is still a mystery: no 8-K yet, but also no increase in preferred shares at NVSOS. One of the following is likely, but there's no way to know yet which is correct: 1) Lazar transferred his Preferred Stock control bloc, but we've not yet seen an 8-K for an unknown reason, or 2) there was a new issuance of Preferred stock, either to new officers or to Lazar himself, but for an unknown reason the increase to preferred shares is not yet reflected at NVSOS. Still on high alert for merger news.

Update - September 16: To date, no Form 4s have been filed with the SEC since Lazar took custodianship in December. A Form 4 is required within 2 business days if beneficial shareholders sell any shares. This means that even on the Monday run to .0187, insiders sold no shares. Feazell/Starslide GHC have held those shares for almost a decade.

Update - September 10, 2020 (after hours): NVSOS UPDATE: Certificate of Designation filed.
This filing means the issuance or transfer of Preferred Stock has taken place, which almost certainly means the merger has closed and Preferred Shares have been transfered and/or issued to the CEO of the incoming merger company. From all indicators the merger is complete. Now awaiting confirmation via 8-K filed with the SEC and/or update of Officers via NVSOS. They have 4 business days to file the 8-K after a material event affecting shareholders, so if the Certificate of Designation was indeed an indicator that the merger is complete, we can expect the 8-K to be submitted by Wednesday after hours. If submitted after 5:30PM eastern Wednesday, it would be published Thursday morning. [Edit Sept. 18: see above - there's an SEC provision indicating the 8-K can be delayed until the press release, i.e. no 4-day requirement.]

News - September 9, 2020 (after hours): NVSOS UPDATE — OS updated to reflect the July claim settlement (50M shares - previously disclosed in July) plus just approximately another 14M shares. New OS = 2.55B (was 2.486B). Previous AS was 2.5B, not enough to accomodate those extra 50M shares. AS now increased to 2.75B, just a 9% increase. NVSOS updates after Custodian is discharged are usually predictive of a very imminent merger.

$QUTR August 29, 2020 summary (see below for recent news in reverse-chronological order):

*David Lazar acquired custodianship same day as SOL*. He's now officially CEO.

*83% insider owned, 70% of common shares restricted (per filing:re)

*Lazar owns 777M common shares (restricted).

*Almost 1.3B common shares (all but 235M restricted) are owned by former QUTR executives

*Motion to Terminate Custodian filed with Clark County Courts Aug. 22, 2020 (granted Aug. 13)

*Case Status changed to "Closed" at Clark County Courts Aug. 25, 2020

*NVOS last updated Aug. 21, 2020

*Pink Current: 10-K with audited financials and timely 10-Q filed in July 2020

*Process to resolve claims/bar future claims completed at Clark County Courts July 2020

*Clean shell: only debt is small interest-free loans Lazar made to QUTR (see 10-Q July 2020)

*All requisite court decisions and filings prior to a merger have been completed.

*Float/unrestricted shares just 741,771,690. The other 1,744,308,310 shares are insider & restricted.

*On high alert for merger-related filings via SEC/OTC Markets/NVSOS

Merger News - September 10, 2020 (after hours): NVSOS UPDATE: Certificate of Designation filed.
This filing means the issuance or transfer of Preferred Stock has taken place, which almost certainly means the merger has closed and Preferred Shares have been transfered and/or issued to the CEO of the incoming merger company. 

News - September 9, 2020 (after hours): NVSOS UPDATE: New OS/AS to accommodate 50M shares from July claim settlement (previously disclosed) plus approximately another 14M shares. New OS: 2.55B (about a 2% increase—this was previously disclosed in July/August). AS now 2.75B, only a 9% increase.

News - August 25, 2020: Clark County Courts Notice of Entry of Order to Discharge Custodian entered.

News - August 22, 2020: Clark County Courts Case Status changed from "open" to "closed."

News - August 22, 2020: Order to Discharge Custodian filed at Clark County Courts, the last bit of housecleaning necessary prior to a merger.

News - August 21, 2020: NVOS updated to reflect small increase in OS (just 50M or +2%), presumably to accommodate the exactly 50M shares that settled the sole valid claim in the Motion to Resolve/Disallow Asserted Claims and Disallow Future Claims back in July. This was Lazar's first NVSOS update for QUTR since April 2020. Similarly, he made an August NVSOS update (his first since April) on SOL*, and closed that merger just 5 days later. SOL* ran from 002s to a 40 cents per share over the course of the custodianship-through-merger (which closed 8/10), and after a dip is back near 24 cents per share as of 8/28. Now on extra-high alert for $QUTR merger news.

News - August 13, 2020: Motion to Terminate Custodianship Granted Early (court date was August 17th, but that date was vacated and the motion granted on August 13).
Lazar is now officially CEO of $QUTR. On watch for new incoming reverse merger.


News - August 5, 2020: QUTR is Pink Current via OTC Markets.

News - August 3, 2020: David Lazar files 10-Q on time for quarter ending July 31, 2020 showing a clean shell and no liabilities aside from small interest-free loans Lazar is making to the company. AS/OS unchanged.

News - July 21, 2020: David Lazar files 10-K for 2020 and 2019 with AUDITED FINANCIALS showing over 2 Billion, or an outlandish 82.8% INSIDER OWNERSHIP of common shares. Per the 10-K, Lazar owns 777 Million shares. The other beneficial shareholder is Starslide Global Holdings Company LLC, holding company of former CEO Feazell with 1.29 Billion shares
- see page 11 of the 10-K

News - July 6, 2020:  Motion to Resolve Asserted Claims and Bar Unasserted Claims GRANTED https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=txNxL7p0CCYZqYanPlpXeg2&tabIndex=3





 
Older news:
 
 News 03/23/2020: New 15-15D/A Filing at OTC Markets page - withdrawal of suspension of duty to file
(i.e. they're now resuming duty to file, signalling that filings may be forthcoming). 
https://www.otcmarkets.com/filing/html?id=14023598&guid=fLgWUpTtiu9wX3h

03/02/2020: Removed remaining old company officers from OTC Markets page. https://www.otcmarkets.com/stock/QUTR/profile

 02/05/2020: Lazar's contact info and company officer updated on OTC Markets. https://www.otcmarkets.com/stock/QUTR/profile

01/20/2020: LAZAR MAKES QUTR'S FIRST SEC & OTC MARKETS FILING IN 7 YEARS
FORM 15 (which he always either files himself or which is already on the books prior to custodainship)

01/14/2020 DAVID LAZAR NEWS: NVSOS UPDATED AFTER MARKET CLOSE JANUARY 14, 2020

$QUTR IS REINSTATED & ACTIVE ON NVSOS FOR THE FIRST TIME IN SEVERAL YEARS

 DAVID LAZAR IS PRESIDENT, SECRETARY, TREASURER, AND DIRECTOR OF QUTURE INTERNATIONAL, INC.





-------------------------------------
Lazar Custodianship Granted Dec. 23, 2019




Note: all of the above is presented as opinion only and not as financial advice. All traders should do their own due dilligence and only take financial advice from registered financial advisors.
 
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PostSubject
#14448   I actually ran across a listing for Born CaoPanShou 04/27/22 08:27:43 PM
#14447   I’m sure only the insiders know! Retire43 04/26/22 04:41:22 PM
#14446   Wow. I remember this was almost a sure Musicman99 04/25/22 03:04:53 PM
#14445   Still is nsomniyak 03/30/22 01:29:23 AM
#14444   Completely and totally!!!!!!!!!!! splintered sunlight 03/29/22 01:29:08 PM
#14443   What a nightmare this was. Wahoo98 03/29/22 01:05:09 PM
#14442   If you recoup your 25k loss, I will splintered sunlight 12/07/21 03:25:38 PM
#14441   Maybe ask horst. Maybe he wants to start Atmtime 12/07/21 03:16:52 PM
#14440   What is going on here? Any updates? I Musicman99 12/03/21 04:08:07 PM
#14439   We all feel that way. I took a toncatmad 12/02/21 04:15:31 PM
#14438   1805 at .0001 .. Nice tax loss sale molee 11/11/21 03:16:26 PM
#14437   Shit. I’d buy at a penny… JamesBuniak 11/02/21 04:44:03 PM
#14436   $BRRN 150 shares traded today at a F*KING molee 11/02/21 01:17:24 PM
#14434   Born again in the "Expert Market" : https://www.otcmarkets.com/stock/BRRN/disclo molee 09/28/21 02:15:23 AM
#14433   You and me both. splintered sunlight 09/14/21 03:34:18 PM
#14432   Wow $.15 I feel like such an idiot Retire43 09/14/21 03:12:56 PM
#14431   Has anyone ever tried to contact this scumbag cash4 09/01/21 04:00:07 PM
#14430   If it ever does........ splintered sunlight 08/31/21 09:08:01 AM
#14429   I received a message from TD about this PT128 08/31/21 08:38:16 AM
#14428   Join the crowd splintered sunlight 08/27/21 03:14:39 PM
#14427   I can’t put a buy order in ! Retire43 08/27/21 01:36:34 PM
#14422   Just stop Gaskan 08/12/21 07:55:01 PM
#14420   Just hope you weren't as wrong as I was........... splintered sunlight 08/12/21 04:32:24 PM
#14419   Again I will admit I have been so Retire43 08/12/21 04:03:53 PM
#14418   I've been so wrong on this except for splintered sunlight 08/12/21 02:29:00 PM
#14417   What's your estimate for the bottom? Splotch 08/12/21 02:20:18 PM
#14415   Too much splintered sunlight 08/11/21 04:06:06 PM
#14414   How much are you holding? When did you Splotch 08/11/21 04:04:12 PM
#14413   Suffering on/in both!!!!!!! splintered sunlight 08/11/21 04:02:15 PM
#14412   Is anyone still on this board or in Splotch 08/11/21 03:39:39 PM
#14411   This one is really strange. Splotch 08/10/21 07:23:50 PM
#14410   Thanks splintered sunlight 08/09/21 09:00:33 AM
#14409   Hope you weren’t heavily invested and didn’t lose Musicman99 08/09/21 01:13:28 AM
#14408   No f'icking idea - idiot move!!!!! splintered sunlight 08/08/21 10:51:51 PM
#14407   So some retard bought a shell just to Musicman99 08/08/21 10:43:57 AM
#14405   That day there was a 14000 share dump Gaskan 07/25/21 07:52:26 PM
#14404   What happened? MasterBidder 07/24/21 10:06:36 PM
#14403   Someone finally dumped their old 14 million share Gaskan 07/19/21 03:02:03 PM
#14402   Should have said "Started" Dubb777 07/16/21 12:26:09 PM
#14401   I only asked because June 30, 2021 is Cuppy 07/16/21 11:28:12 AM
#14400   LOL Dubb777 07/16/21 11:15:45 AM
#14399   June 30, 2022? Cuppy 07/16/21 10:54:36 AM
#14398   Or ten....... splintered sunlight 07/15/21 10:14:15 PM
#14397   well the Share Structure is being updated at least Dubb777 07/15/21 09:12:12 PM
#14396   Can’t blame anyone but me for not selling Retire43 07/15/21 03:20:16 PM
#14395   You are much too kind...... splintered sunlight 07/14/21 10:29:32 PM
#14394   What an abortion this turned out to be . molee 07/14/21 02:44:18 PM
#14393   I think you may be right! Rusty586 07/12/21 10:23:38 AM
#14392   I think it was for the huge tax Retire43 07/12/21 10:11:29 AM
#14391   My thoughts exactly!!!!!!!!!!!! splintered sunlight 07/09/21 11:32:22 AM
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