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Multi Solutions II, Inc. (MUSS)

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Last Post: 1/5/2019 4:45:02 PM - Followers: 12 - Board type: Free - Posts Today: 0

Outstanding at July 31, 2006 Common Stock, par value $.001 per share 21,096,969 Item 1.01 Entry into a Material Definitive Agreement. On April 20, 2007, the Registrant entered into an Agreement and Plan of Merger (the "Agreement") with its wholly-owned subsidiary Multi Sub, Inc., a New Jersey corporation , USA Real New Technology, Inc., a New Jersey corporation ("Real New") and direct parent of Shaanxi Real New Technology Co., Ltd., a limited liability corporation incorporated under the laws of The People's Republic of China, Robert L. Frome ("Frome"), an individual, Bridge Ventures, Inc., a Florida corporation ("Bridge Ventures"), and Michael Potter, an individual ("Potter")(Frome, Bridge Ventures and Potter are hereinafter collectively referred to as the "Controlling Shareholders"). Pursuant to the Agreement, Multi Sub Inc. will merge with and into Real New. At the closing of the Agreement, the Controlling Shareholders shall have converted a portion of the Registrant's 6% Convertible Debentures (the "Debentures") held by the Controlling Shareholders into 18,903,031 shares of common stock of the Registrant, such amount representing 47.3% of the 40,000,000 issued and outstanding shares of common stock, and shall issue these shares to the shareholders of Real New in addition to the unconverted Debentures In consideration of the issuance of the shares and the unconverted Debentures, Real New shall pay to the Controlling Shareholders an aggregate of $200,000 and 2% of the outstanding capital stock of the Registrant subsequent to the reverse stock split described below. The merger is scheduled to close on or about May 15, 2007, but no later than May 31, 2007. Upon the filing of a Certificate of Amendment to increase the amount of authorized shares of common stock of the Company, the shareholders of Real New shall (i) convert the unconverted portion of the Debentures into an aggregate of 858,381 shares of common stock and (ii) shall be issued an additional 9,296,619 shares of common stock, after taking into account the reverse stock split as described herein. The Agreement also provides for a 1:64 reverse split of the Registrant's common stock at the time the Certificate of Amendment is filed. As a result, upon completion of the merger and after taking into account the reverse stock split, the Registrant will have 11,000,000 shares of common stock outstanding, with 95% held by Real New shareholders, and 5% held by the Registrant's current shareholders, 2% of which are owned by the Controlling Shareholders. The Agreement is conditioned upon satisfactory completion of due diligence and other corporate actions. On the Closing, Jerome Goubeaux ("Goubeaux") and Ken Roberts ("Roberts"), the sole Directors of the Registrant shall stay in office and Real New shall nominate two additional members to the Board of Directors (the "Board"), however, each will resign from their position as President and Secretary respectively. The Registrant shall distribute to its shareholders an Information Statement with respect to the additional new directors to be elected to the Board, and following the expiration of any applicable notice period, and upon conversion of the unconverted portion of the debentures, Messrs. Gobeaux and Roberts shall resign as directors, and be replaced by the directors chosen by the holders of a majority of the then outstanding shares of common stock of the Registrant.
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MUSS News: Quarterly Report (10-q) 12/07/2018 06:04:00 AM
MUSS News: Quarterly Report (10-q) 09/07/2018 04:44:06 PM
MUSS News: Quarterly Report (10-q) 06/13/2018 04:49:59 PM
MUSS News: Annual Report (10-k) 04/16/2018 05:18:50 PM
MUSS News: Amended Annual Report (10-k/a) 02/02/2018 05:24:39 PM
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#539   When will $VGR (NYSE) Vector Group (major shareholder Dina 01/05/19 04:45:02 PM
#538   0.2 is what I set my buy at. Tha Part Time Er 06/12/17 09:08:12 AM
#537   MUSS put on Caveat Emptor list on 6/9/17 joeeasy 06/12/17 05:17:23 AM
#536   Yep Tha Part Time Er 06/11/17 09:46:33 PM
#535   What time did you get an alert? Before joeeasy 06/10/17 05:38:42 PM
#534   Promo alert paid well today$$$$$ Tha Part Time Er 06/09/17 07:12:38 PM
#533   If you were in yesterday Triple nickle 06/09/17 09:56:50 AM
#532   Easy money today. Caveat Emptor 06/09/17 09:45:18 AM
#531   $MUSS @ .20! Estrella 05/06/14 11:07:18 AM
#530   Anybody know what's going on with this? I kruy 04/21/14 02:19:54 AM
#529   Didn't know I had shares in this. newtechinvestor 03/26/14 05:03:23 PM
#528   I can't even remember being in......lol...but will keep Zardiw 03/26/14 02:24:31 PM
#527   Are you still in this thing? It just rheddle 03/26/14 11:23:54 AM
#526   Ha Ha ! Well the filings do state rheddle 03/25/14 03:30:16 PM
#525   Maybe they will start selling Pot Cookies and MWM 03/25/14 03:26:55 PM
#524   Makes me wonder if they have something in rheddle 03/25/14 03:26:05 PM
#523   Most are... Churak 02/07/14 04:06:10 AM
#522   She's a little feistier than i remember... MWM 02/06/14 11:28:50 PM
#521   sorry about that...I meant your gold pile... Churak 02/06/14 07:16:11 PM
#520   watch what u call my pile cintrix 02/06/14 07:15:03 PM
#519   I thought u might have some left in Churak 02/06/14 07:12:34 PM
#518   u are asking me about something I traded cintrix 02/06/14 07:11:31 PM
#517   that's cause u are old & groggy...check the Churak 02/06/14 07:10:29 PM
#516   huh? never heard of it cintrix 02/06/14 07:09:34 PM
#515   U still got this in your pile (yeah, Churak 02/06/14 06:56:48 PM
#514   Looks that way. I found this and don't rheddle 01/07/11 03:13:32 PM
#513   i don't see anything anywhere, makes me think MWM 01/07/11 03:03:00 PM
#512   Do you think it's anything to do with rheddle 01/07/11 02:57:29 PM
#511   That sucks, these bozo's never really had it together... MWM 01/07/11 02:44:17 PM
#510   Darn - I noticed that on Ameritrade as rheddle 01/07/11 02:41:12 PM
#509   Crap did MULT get deregistered? Ameritrade no longer MWM 01/07/11 02:39:09 PM
#508   Hi MWM - any luck getting a recent rheddle 01/07/11 02:32:30 PM
#507   Hi Kruy, rheddle 02/25/10 02:09:53 PM
#506   Just checking, is there anything going on behind kruy 02/05/10 01:37:42 AM
#505   If you look at his law firm and rheddle 05/26/09 07:42:23 AM
#504   I agree. I'm tired of the basic penny kruy 05/26/09 12:02:19 AM
#503   Nothing as yet - he asked me if rheddle 05/25/09 06:52:40 PM
#502   Any updates since then? kruy 05/24/09 10:40:22 PM
#501   Thought you would find that interesting. rheddle 05/11/09 04:35:57 PM
#500   Damn...a blast from the past.....lol......et z Zardiw 05/11/09 03:44:36 PM
#499   Maybe with financing sorting itself out gradually, Bob rheddle 05/11/09 02:04:26 PM
#498   LMAO....et z Zardiw 08/26/08 08:03:56 PM
#497   On $8 traded.....lol...et z Zardiw 08/26/08 08:02:54 PM
#496   LOL, this thing was $3.00 before, is just Estrella 08/26/08 07:16:11 PM
#495   WoW! 10:06:06 4000 0.002 OTCEQ_NBB MWM 08/26/08 01:54:49 PM
#494   566.67% up today! Estrella 08/26/08 01:45:42 PM
#493   Ah - ok. I must be seeing yesterday's rheddle 07/25/08 03:41:15 PM
#492   I don't see any volume today? MWM 07/25/08 02:51:13 PM
#491   Looks like somebody got some .001's today. Interesting. rheddle 07/25/08 02:49:41 PM
#490   LOL ! rheddle 07/18/08 01:22:00 PM