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Medisun Precision Medicine Ltd. (fka MPME) RSS Feed

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MPME complete DD package here 08/13/2017 

Tiny floater and only 1.7M shares at DTC 

Authorized Shares 200,000,000 from recent pre14c 
Outstanding Shares 64,418,954 from 8k 08/11/2017 
-Restricted 62,483,816
-Unrestricted 1,935,138 a/o Jul 31, 2017 
Held at DTC 1,775,138 a/o Jul 31, 2017 
Float 1,557,000 a/o Apr 12, 2016
 

Chinese Billionaire Bruno Wu just took 15M shares here; went on noticed by market. 

link to 8k July 24, 2017, MPME acquired some unknown company Sun Medical using 15M shares. Nothing substantial at the first glance. 
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12187849 
Item 1.01 Entry into a Material Definitive Agreement. 

On July 24, 2017 (“Effective Date”), Medisun Precision Medicine Ltd. (the “Company”) entered into a share purchase agreement (“SPA”) with Sun Medical Operation Company Limited (“Sun Medical”), under which the Company acquired the entire issued share capital of New Sonic Global Limited (“New Sonic”) from Sun Medical. As consideration for the acquisition of New Sonic, the Company has agreed to issue to Sun Medical 15,000,000 new shares of the Company’s Common Stock. 

Sun Medical is the sole registered and beneficial owner of all of the shares of New Sonic. Previously, Sun Medical entered into a cooperation agreement (“Cooperation Agreement”) with LDG Labor Deutschland (“LDG”) dated December 6, 2016, which has a supplemental agreement entered into between the Sun Medical and LDG dated April 12, 2017 (together with the Cooperation Agreement, collectively, the “Master Agreement”). Immediately before the signing of the SPA with the Company, the rights and obligations of Sun Medical under the Master Agreement was transferred to New Sonic in accordance with the Master Agreement by a transfer notice (“Transfer Notice”) given by Sun Medical to LDG. New Sonic was incorporated in the British Virgin Islands on May 15, 2017 and has had no operations except for the Master Agreement as its only asset. 

If you go to page 9, you will find Bruno Zheng Wu signed on behave of SUN MEDICAL OPERATION COMPANY LIMITED 


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Who's this guy Bruno Zheng Wu? His Chinese name is Zheng Wu and English name is Bruno Wu. link to wiki page. This guy's net asset was US$510 million (October 2011) $$$$$$$$$$$$$$$$ 
https://en.wikipedia.org/wiki/Bruno_Wu 

Bruno Wu, Ph.D. 
Born 1966 
Nationality Chinese 
Alma mater Fudan University 
Occupation Businessman 
Known for Founder/Co-chairman and CEO of Sun Seven Stars Entertainment & Media Group Limited 
Net worth US$510 million (October 2011) 
Spouse(s) Lan YANG 

How did I narrow down this one? see the wiki page showing Wu is the founder of Sun Seven Stars ? Search the previous 8k link, on page 7 the contact for Sun Medical showing email address with @sunsevenstars.com 


(i) 
in the case of the Vendor: 
Address: Building A4 Fenghuayuan Drive-in Theater, No. 21 Liang Maqiao Road, Chaoyang District, Beijing, China, 100124 
Fascimile number: 
To be advised 
Email address: avis.zhu@sunsevenstars.com 
Attention: ZHU Yun 

Some more DD added 08/12/2017 

Medisun and Sun Medical started a clinic called Medisun-Sun Meicial International Clinic on 05/25/2017 in China. PR is in Chinese. link is here. http://www.sohu.com/a/143735059_508677 

In the PR, they talked about big data in Medical applications and expansion in China. 

You can zoom in to see the 2nd picture in the PR. it clearly shows both "Medisun" and "Sun Medical Group". The Guy on the right is Bruno Wu, the rich Chinese billionaire 

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