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SLOT~~this is crazy,can go to $50.00 PPS?
I got 800 at 1.85 the volume did not reflect it or the last price
They are moving it up without giving me any
SLOT coming back in business,going current
SLOT is on OTCQX, OTC Markets Group Welcomes San Lotus Holding Inc. to OTCQX
https://www.otcmarkets.com/stock/SLOT/news/OTC-Markets-Group-Welcomes-San-Lotus-Holding-Inc-to-OTCQX?id=185718
SLOT per 8k purchased the land to build and operate a global travel and leisure agency business.
SLOT~~San Lotus Inc is located at Taoyuan, Taiwan. Our team is working to develop, build and operate a global travel and leisure agency business. Our vision is to consolidate travel products and services and deliver value to the world's travel population.
SLOR~~On June 3, 2019, through entry into the Agreement with Chang Cheng-Sung, our wholly-owned sub-subsidiary, Yaxi International Inc., will dispose of 37,273.68 square meters of land in the Darong Section, Taichung City, Beitun District, Taiwan (R.O.C.), in exchange of 1,068,091 shares of common stock in San Lotus Holding Inc., par value US$1 on or before August 10, 2019.
SLOT FLOAT 231k
SLOT SECURITY DETAILS
Share Structure
Market Cap Market Cap
4,534,600
06/03/2019
Authorized Shares
150,000,000
05/30/2019
Outstanding Shares
45,346,003
05/30/2019
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
231,916
05/30/2019
Float
10,083,182
02/28/2018
Par Value
No Par Value
Market Value calculated only for respective security
Transfer Agent
Computershare U.S.
Shareholders
Shareholders of Record 506
02/28/2018
https://www.otcmarkets.com/stock/SLOT/security
SLOT~~Current Report Filing (8-k)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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): June 3, 2019
SAN LOTUS HOLDING INC.
( Exact name of registrant as specified in its charter)
California
333-176694
45-2960145
(State or other jurisdiction of
(Commission File Number)
(IRS Employer
incorporation or organization)
Identification No.)
9368 VALLEY BLVD, SUITE 202
ROSEMEAD, CA91770
(Address of principal executive offices)
(Zip code)
Registrant’s telephone number, including area code:
702-776-8066
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry Into A Material Definitive Agreement.
On June 3, 2019, our wholly-owned sub-subsidiary, Yaxi International Inc. (also known as AHI International Inc. and formerly known as Da Ren International Development Inc.), a Taiwan (R.O.C.) corporation, entered into an agreement to sell 37,273.68 square meters of undeveloped land (the “Agreement”), consisted of three parcels in the Darong Section, Taichung City, Beitun District, Taiwan (R.O.C.) to Chang Cheng-Sung, a non-affiliate, in exchange for TWD 31,646,915 (the “Purchase
Price”). The Purchase Price for the Property shall be paid by the Buyer to Seller by transferring to Seller the 1,068,091 shares of common stock in San Lotus Holding Inc., par value US$1 at closing. The closing of transaction under Agreement shall be held on or before August 10, 2019.
The table below lists the detail description of the land.
Location
Land Lot #
Area of Registered Land(m 2)
Value of Interest(TWD)
Darong Section, Taichung City, Beitun District, Taiwan (R.O.C.)
0233
0163
0164
10,263.45
12,417.08
14,593.15
37,273.68 Total
31,646,915
A description of the specific terms and conditions of the agreements related to this transaction are set forth in the Agreement, attached hereto as Exhibit 10.1.
Item 2.01 Completion of Acquisition or Disposition of Assets.
The information provided in Item 1.01 of this Current Report on Form 8-K related to the aforementioned acquisition is incorporated by reference into this Item 2.01.
On June 3, 2019, through entry into the Agreement with Chang Cheng-Sung, our wholly-owned sub-subsidiary, Yaxi International Inc., will dispose of 37,273.68 square meters of land in the Darong Section, Taichung City, Beitun District, Taiwan (R.O.C.), in exchange of 1,068,091 shares of common stock in San Lotus Holding Inc., par value US$1 on or before August 10, 2019.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being filed herewith:
Exhibit No. and Description
10.1 Land Purchase and Sale Agreement, dated June 3, 2019, between the seller and the purchaser named therein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 3, 2019
SAN LOTUS HOLDING INC.
/s/Chen, Kuan-Yu
Chen, Kuan-Yu
Chairman of the Board
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