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Providence Resources Inc. (PVRS)

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Last Post: 4/26/2022 11:36:04 AM - Followers: 25 - Board type: Free - Posts Today: 0

CHANGE OF CONTROL 

Change of Control Events Pukang Group Co., Ltd.
Yongfeng Town, Liangzhou District, Wuwei City, Gansu Province, China


On December 22, 2021, pursuant to a Stock Purchase Agreement dated as of December 10, 2021, Markus Müller personally and entities over which he exercises beneficial control that include FE Global Convertible Investment Ltd., FE Global Undervalued Investments Ltd., Global Convertible Megatrend Ltd. and SDM Investments Funds Ltd. (“Sellers”), sold to Pukang Group Co., Ltd, a British Virgin Islands corporation (the “Buyer”), 31,123,465 restricted shares of common stock, par value $0.0001 per share (the “Shares”), of Providence Resources, Inc. (the “Company”), representing 63.72% of the outstanding shares of common stock of the Company on a fully diluted basis, resulting in the acquisition of the controlling interest in the Company. https://www.otcmarkets.com/otcapi/company/financial-report/322688/content



Gansu Pukang Wine Industry Group Co., Ltd.

Gansu Pukang Liquor Industry Group Co., Ltd. is a large-scale liquor enterprise established after the introduction of a number of strategic investment institutions based on the collective shareholding of a long-established brewing elite team. The staff team was originally employed by Wujiu Group (formerly known as Gansu Wuwei Winery established in 1953). On November 19, 2013, the staff team broke away from the seriously insolvent Wujiu Group. With the support of powerful strategic investment institutions, Gansu Pukang Liquor Group was officially established, and obtained the Wujiu Group's brewing production line, Ownership of core production elements such as wine cellars and trademarks of the word "Wu". Pukang Group currently has 10 subsidiaries including Wuwei Vanke Breeding Co., Ltd., Wuwei Daxia Pukang Cultural Industry Co., Ltd., Wuwei Xiawang Ceramic Craft Products Co., Ltd., Gansu Hurricane Media Co., Ltd., and Gansu Jufu Trading Co., Ltd. The group has preliminarily established the organizational structure and operation structure of a large-scale holding enterprise integrating liquor production and sales, planting and breeding, research and development of Xixia culture, ceramic manufacturing, advertising, trade and logistics.

At present, Pukang Group continues to use "Wu Jiu Tan Zang Liquor", which is well-known in the Hexi market, as the main brand of production and sales, clearly showing the marketing trend of stabilizing the Hexi market, seizing the Lanzhou market, and penetrating the market inside and outside the province. "Wu Jiu Tan Zang Liquor" is based on the innovative fusion of Western Xia wine culture and porcelain culture, which greatly enhances the brand value of aged Wuwei wine. In June 2013, a domestic-scale old wine auction was held in Lanzhou. A ten kilograms of Wuwei grain and liquor sealed in 1953 was auctioned for a high price of 1.568 million yuan. The auction was widely publicized by more than a thousand media at home and abroad. This makes the brand "Wu Jiu Tan Zang" well-known at home and abroad, and is well-known in the wine industry. The brand "Wu Jiu Tan Zang" is a prominent banner erected in the west with its unique cultural positioning and beautiful wine quality. It is not only the brand foundation for making Pukang Group bigger and stronger, but also the core engine that promotes the vigorous development of Wuwei's liquid industry.
Pukang Group covers an area of nearly 800 acres and has more than 800 employees, including 1 home-level liquor judge, 16 provincial-level liquor judges, and more than 150 technical personnel of various types. The company has formed a mature and stable workforce, skilled The advanced production process and broad sales network, the operation is stable and orderly, the strength is increasing day by day, and the vitality is increasing day by day.

With the beautiful vision of actively participating in the construction of the Silk Road Economic Belt and revitalizing "Wuwei Wine City", Pukang Group plans to invest more than 2 billion yuan to further explore and develop the rich Xixia wine culture, Xixia porcelain culture and Xixia folk customs in Wuwei. On the basis of protecting the ruins of Xixia porcelain kilns, a new production line and ceramic industrial park with an annual output of 2,000 tons of liquor will be built in Wunan Industrial Park, forming a collection of winemaking development, heritage protection, Xixia ancient town, porcelain manufacturing, ecological management, tourism and vacation, etc. The integrated Xixia cultural industry base has deeply integrated the liquor industry with the tourism industry and cultural industry.


 

PVRS SECURITY DETAILS

Share Structure

Market Cap Market Cap
7,351,411
04/01/2022
Authorized Shares
250,000,000
04/01/2022
Outstanding Shares
68,846,586
04/01/2022
Restricted
61,955,702
04/01/2022
Unrestricted
6,890,884
04/01/2022
Held at DTC
6,486,142
04/01/2022
Float
6,890,884
02/15/2022
https://www.otcmarkets.com/stock/PVRS/security

 
COMPANY OFFICERS & CONTACTS
Shugang Feng
President, Treasurer
 
Zonghan Wu
Secretary
https://www.otcmarkets.com/stock/PVRS/profile

SOURCE
 
Gansu Pukang Wine Industry Group Co., Ltd.

Gansu Pukang Liquor Industry Group Co., Ltd. is a large-scale liquor enterprise established after the introduction of a number of strategic investment institutions based on the collective shareholding of a long-established brewing elite team. The staff team was originally employed by Wujiu Group (formerly known as Gansu Wuwei Winery established in 1953). On November 19, 2013, the staff team broke away from the seriously insolvent Wujiu Group. With the support of strong strategic investment institutions, Gansu Pukang Liquor Group was formally established, and obtained the Wujiu Group's brewing production line, Core production elements such as wine cellars and ownership of the "Wu" series of trademarks.
Pukang Group currently has 10 subsidiaries including Wuwei Vanke Breeding Co., Ltd., Wuwei Daxia Pukang Cultural Industry Co., Ltd., Wuwei Xiawang Ceramic Craft Products Co., Ltd., Gansu Hurricane Media Co., Ltd., and Gansu Jufu Trading Co., Ltd. The group has preliminarily established the organizational structure and operation structure of a large-scale holding enterprise integrating liquor production and sales, planting and breeding, research and development of Xixia culture, ceramic manufacturing, advertising and publicity, and trade and logistics.
At present, Pukang Group continues to focus on the production and sales of "Wu Jiu Tan Zang Liquor", which is well-known in the Hexi market. "Wu Jiu Tan Zang Liquor" is based on the innovative fusion of Western Xia wine culture and porcelain culture, which greatly enhances the brand value of aged Wuwei wine. In June 2013, a domestic-scale old wine auction was held in Lanzhou. A ten kilograms of Wuwei grain and liquor sealed in 1953 was auctioned for a high price of 1.568 million yuan. The auction was widely publicized by more than a thousand media at home and abroad. This makes the brand "Wu Jiu Tan Zang" well-known at home and abroad, and is well-known in the wine industry. The brand "Wu Jiu Tan Zang" is a prominent banner erected in the west with its unique cultural positioning and beautiful wine quality. It is not only the brand foundation for making Pukang Group bigger and stronger, but also the core engine that promotes the vigorous development of Wuwei's liquid industry.
Pukang Group covers an area of ??nearly 800 acres and has more than 800 employees, including 1 home-level liquor judge, 16 provincial-level liquor judges, and more than 150 technical personnel of various types. The company has formed a mature and stable workforce, skilled The advanced production process and broad sales network, the operation is stable and orderly, the strength is increasing day by day, and the vitality is increasing day by day.
With the beautiful vision of actively participating in the construction of the Silk Road Economic Belt and revitalizing the "Wuwei Wine City", Pukang Group plans to invest more than 2 billion yuan to further explore and develop the rich Xixia wine culture, Xixia porcelain culture and Xixia folk customs in Wuwei. On the basis of protecting the ruins of Xixia porcelain kilns, a new production line and ceramic industrial park with an annual output of 2,000 tons of liquor will be built in Wunan Industrial Park, forming a collection of winemaking development, heritage protection, Xixia ancient town, porcelain manufacturing, ecological management, tourism and vacation, etc. The integrated Xixia cultural industry base enables the deep integration of the liquor industry, the tourism industry and the cultural industry.



 
 
 
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PostSubject
#274  Sticky Note ---Pukang Group Co, Ltd. ---$PVRS--- NewBornTrade 03/27/22 12:39:44 PM
#288   Yes FINRA has been running very slow. There BigJuan 04/26/22 11:36:04 AM
#287   FINRA could take easily several month just like ysung 04/26/22 11:33:55 AM
#286   $PVRS Name change to Pukang Group Holdings Ltd. is BigJuan 04/26/22 11:03:45 AM
#285   https://investorshub.advfn.com/uimage/uploads/2022/4/26/uqrqgCapture_d%E2%8 NewBornTrade 04/26/22 08:28:46 AM
#284   https://investorshub.advfn.com/uimage/uploads/2022/4/26/fulncFROq-VYWQAEI5N NewBornTrade 04/26/22 08:23:44 AM
#283   Nice. Waiting patiently here as well jchords 04/06/22 11:26:04 AM
#282   I'm very patient with this one. Been here Michael TRed 04/05/22 02:34:47 PM
#281   Loaded with 250,000 shares here. .13 average. OceanDrive 04/05/22 01:36:23 PM
#280   $PVRS best keep a close eye here! Like BigJuan 04/01/22 01:33:39 PM
#279   Patience is key here . allison0147 03/29/22 06:28:10 PM
#278   100,000 shares .. if it dips will buy allison0147 03/29/22 06:26:25 PM
#277   Why does NIO? Why does PinDuoDuo? We don't Michael TRed 03/28/22 08:20:32 AM
#276   WHY does a Chinese Liquor company come to hondaboost 03/27/22 10:19:50 PM
#275   Then , where’s the company website? A hondaboost 03/27/22 10:07:45 PM
#274   ---Pukang Group Co, Ltd. ---$PVRS--- NewBornTrade 03/27/22 12:39:44 PM
#273   What does the purchase price of the controlling FrankF 03/26/22 01:30:43 PM
#271   31 million shares at $0.007 is being sold hondaboost 03/26/22 11:18:02 AM
#270   “Pukang “ doesn’t even have a web site, hondaboost 03/26/22 11:16:05 AM
#269   This presence is good news IMO :) NewBornTrade 03/26/22 07:28:39 AM
#268   I was laughing at your face for your ysung 03/25/22 09:49:43 PM
#267   Do you mean that he acquired 31 million hondaboost 03/25/22 09:16:17 PM
#266   You have to be joking LOL !!!! ysung 03/25/22 08:00:58 PM
#265   If you can't find any info, you obviously Michael TRed 03/25/22 04:47:54 PM
#264   Dig deeper ; ) Michael TRed 03/25/22 04:46:13 PM
#263   Doubt: "Pukang" might be a Fake or newly hondaboost 03/25/22 04:44:45 PM
#262   That's just the info. on otcmarkets. Do you hondaboost 03/25/22 04:41:22 PM
#261   Change of address happens when change of control. Michael TRed 03/25/22 04:40:55 PM
#260   Very Weird, that they changed the address, BUT hondaboost 03/25/22 04:38:02 PM
#259   https://twitter.com/redcardinal617/status/1507443526933569542?s=20&t=RlRv_goJSq8 Michael TRed 03/25/22 04:37:47 PM
#258   Can't find "Pukang Group Co., Ltd." Could you hondaboost 03/25/22 04:32:13 PM
#257   Do some DD on pukang Michael TRed 03/25/22 04:30:29 PM
#256   Correct Michael TRed 03/25/22 04:29:49 PM
#255   But, that filing didn't mention revenues, except the hondaboost 03/25/22 04:29:07 PM
#254   He bought 31 M shares at $0.008? hondaboost 03/25/22 04:25:20 PM
#253   https://www.otcmarkets.com/otcapi/company/financial-report/322688/content Michael TRed 03/25/22 03:57:21 PM
#252   Can you tell where you found that and hondaboost 03/25/22 03:46:47 PM
#251   This is wanting to push new highs…. $PVRS BigJuan 03/25/22 09:44:40 AM
#250   Showed some strength yesterday after the quick dip jchords 03/25/22 09:29:34 AM
#249   Chang in control march 5th 2022 allison0147 03/24/22 10:55:36 PM
#248   http://www.otcmarkets.com/financialReportViewer?symbol=PVRS&id=324681 allison0147 03/24/22 10:40:08 PM
#247   Insiders own 74% of common shares. Current market OceanDrive 03/24/22 03:30:28 PM
#246   Good adds earlier today if you got em. cheusmann 03/24/22 03:06:00 PM
#245   PAYtience Michael TRed 03/24/22 09:48:16 AM
#244   Good plan. Already double from last dip to .10 jchords 03/22/22 03:41:01 PM
#243   Agreed. $70 million dollar company just took over. Michael TRed 03/22/22 03:39:03 PM
#242   Happy to see we have intelligent folks holding OceanDrive 03/22/22 03:35:01 PM
#241   Those kinds of Ghost days in the OTC NewBornTrade 03/22/22 03:28:17 PM
#240   Better slap the ask !!!!! Going green !! ysung 03/22/22 02:25:32 PM
#239   Chart is primed, to go upward. NewBornTrade 03/22/22 12:22:18 PM
#238   What’s this mean ??? ysung 03/22/22 10:32:54 AM
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