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Wellness Matrix Group Inc. (WMGR)

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Last Post: 8/19/2019 10:52:52 AM - Followers: 9 - Board type: Free - Posts Today: 0

KWest Announces Acquisition of Fuhuiyuan International Group (Holdings) Limited http://www.streetinsider.com/Press+Releases/KWest+Announces+Acquisition+of+Fuhuiyuan+International+Group+%28Holdings%29+Limited/8519137.html EDMONTON, Alberta, July 22, 2013 (GLOBE NEWSWIRE) -- KWest Investment International Ltd. (OTCBB: KWIT) ("KWest" or the "Corporation"), listed on the OTCBB ("OTCBB") is pleased to announce that it has entered into a letter of intent ("Letter of Intent") dated July 19, 2013 to acquire Fuhuiyuan International Group (Holdings) Limited ("Fuhuiyuan International"), a company formed and subsisting pursuant to the laws of the British Virgin Islands (the "Acquisition"). The Letter of Intent contemplates that, in exchange for all the outstanding shares of common stock of Fuhuiyuan International, KWest shall issue to Fuhuiyuan International's shareholders an aggregate of 7,500,000 shares of common stock of KWest. Fuhuiyuan International is a newly formed trading company and it has recently entered into an agency agreement with Qingdao Fuhuiyuan Investment Co. Ltd. ("Qingdao Fuhuiyuan") in which Qingdao Fuhuiyuan has appointed Fuhuiyuan International to act as its international agent to sell Qingdao Fuhuiyuan's products, including Yingcuicaoben cosmetics, Fuyuan jewelry, and Dangcing dresses, bags and shoes. Fuhuiyuan International will collect payments made by overseas customers on behalf of Qingdao Fuhuiyuan and will oversee all related activities and expenditures. In addition, Fuhuiyuan International will handle all affairs relating to overseas transportation, customs declaration, customs clearance and payment of taxes. With the signing of the letter of intent, KWest will change its name to "Fuhuiyuan International Holdings Limited" and two nominees of Fuhuiyuan International will be appointed to the board of directors of KWest. Following the appointment of Fuhuiyuan International's nominees, the board of directors will consist of 4 Directors, including two nominees of KWest. The completion of the Acquisition is subject to a number of conditions precedent, including, but not limited to: (i) the entering into of a definitive agreement by (the "Definitive Agreement"); (ii) completion of satisfactory due diligence by each of KWest and Fuhuiyuan International; (iii) the approval of the Acquisition by each of KWest's and Fuhuiyuan International's respective board of directors and shareholders, if required; (iv) the absence of any material change or change in a material fact which might reasonably be expected to have a material adverse effect on the financial and operational conditions or the assets of each of the parties to the Definitive Agreement; and (v) certain other conditions typical in a transaction of this nature. READER ADVISORY: Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for KWest's business and operations that involve a number of risks and uncertainties. KWest's forward-looking statements in this release are made as of the date hereof, and the Corporation disclaims any duty to supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise. In connection with the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and the "forward-looking information" provisions of National Instrument 51-102 of the Canadian Securities Administrators, the Corporation is identifying certain forward-looking information. Actual events or results may differ materially from those contained in these forward-looking statements. Important factors that could cause further events or results to vary from those addressed in the forward-looking statement include, without limitation, risks and uncertainties arising from the ability of KWest to successfully complete the Exchange Transaction, to satisfy the conditions precedent contained in the Exchange Agreement and successfully exploit the rights acquired thereby; uncertainties relating to the ability to realize the expected benefits of the acquisition; unanticipated or unfavorable regulatory matters; general economic conditions in the region and industry which KWest and Dino operate, and other risk factors as discussed in the Corporation's other filings made by the Corporation from time to time with the Securities and Exchange Commission and the Alberta Securities Commission. CONTACT: FOR FURTHER INFORMATION, PLEASE CONTACT: KWest Investment International Ltd. Stolfin Wong, President and CEO Telephone: (780) 266-4188 Facsimile: (780) 756-1670 Source: Kwest Investment International Ltd. http://www.nasdaq.com/symbol/kwit
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WMGR News: Withdrawal of Registration Statement (rw) 10/19/2018 04:32:41 PM
WMGR News: Amended Securities Registration (section 12(g)) (10-12g/a) 10/15/2018 01:41:09 PM
#61   Thanks for the reply 81 Bottom Fisher 08/19/19 10:52:52 AM
#60   very interesting 30day chart,macd has almost broke over 81vette 08/19/19 10:35:55 AM
#59   Floats almost locked. I'm going all in! ;-) Bottom Fisher 08/01/19 04:19:10 AM
#58   Caveat Emptor. Stock promotion. willlbone 07/25/19 09:52:24 AM
#57   time to dump this one. terrible stock msu530 07/24/19 03:31:44 PM
#56   Great volume and it tanks again. Lol Steve Waz 07/16/19 02:22:27 PM
#55   Thanks! Just read it. Good to see a CannaZoid 07/16/19 11:32:05 AM
#54   News just hit maz1978 07/16/19 11:17:47 AM
#53   Volume... CannaZoid 07/16/19 10:21:52 AM
#51   Another bag holding stock. Unreal the bullshit people Steve Waz 07/10/19 01:10:55 PM
#50   Any word on this stock? Keeps dropping weekly. Steve Waz 07/09/19 09:36:10 AM
#49   Any word on that stock??? Steve Waz 07/02/19 12:37:10 PM
#48   Hey Strukture, Is this still a buy? supercordo 06/28/19 11:19:41 PM
#47   Wonder what’s going on with this. Steve Waz 06/28/19 03:54:34 PM
#45  Restored Based on personal knowledge West Coast Snapper 06/21/19 06:54:00 AM
#44  Restored Based on what? Steve Waz 06/20/19 09:40:51 PM
#43  Restored Their IR guy is a lying scumbag West Coast Snapper 06/20/19 07:53:30 PM
#42   Lots of dumping lately, wtf??? Steve Waz 06/18/19 01:50:15 PM
#41   WMGR strong buying Volume today - this is Strukture 06/12/19 04:07:50 PM
#40   BIG FAN of David Saltrelli he can shake Rock Kicker 05/31/19 08:57:32 AM
#39   Nice appointment! Things are progressing nicely here. Steve Waz 05/30/19 07:12:38 PM
#38   That's great! These guys are really making things maz1978 05/29/19 09:21:18 AM
#37   WMGR VP appointment news: Wellness Matrix Group Strukture 05/29/19 09:16:21 AM
#36   WMGR took a position here was looking much Strukture 05/28/19 11:07:15 AM
#35   Excellent DD. This company has a lot going Steve Waz 05/28/19 08:25:09 AM
#34   Excellent post! I have been looking into these maz1978 05/28/19 06:02:30 AM
#33   Guys, I realize you saw a low Float StockWatcher 05/28/19 12:46:26 AM
#32   Had some time to look at $WMGR this GreenKnight 05/27/19 11:57:03 PM
#31   From what I am learning about this Company StockWatcher 05/27/19 09:24:49 PM
#30   Trades thin - was $39.00 last year. Steve Waz 05/24/19 03:09:27 PM
#29   AS 910,000,000 5/01/2019 OS 362,500,004 5/01/2019 Float 4,030,004 01/30/2019 L Steve Waz 05/24/19 03:06:57 PM
#28   Likewise brother. Looks like a low float winner here. Steve Waz 05/24/19 03:04:20 PM
#27   Welcome aboard partner! Glad to see you!! maz1978 05/24/19 02:40:57 PM
#26   Hey Maz. Definitely looks like a nice one. Steve Waz 05/24/19 02:40:31 PM
#25   Interesting tweet: maz1978 05/24/19 01:54:04 PM
#24   Not seeing any dilution here at all either maz1978 05/24/19 01:52:32 PM
#23   Only a 4 mill float?!! maz1978 05/24/19 01:51:55 PM
#22   Cant get over how thin this trades maz1978 05/24/19 01:44:26 PM
#21   Hi BF123, I do not have the private StockWatcher 03/01/19 02:10:45 AM
#20   Who BARRY? ShineBoxSal 12/16/18 07:22:31 PM
#19   Huge spread 2X650! Hilarious! BULLBULLBULL 11/30/18 07:50:18 PM
#18   which country is this stock from? jessicamary 10/16/18 09:57:46 AM
#17   KWITD: effective Oct. 5,2018 will change to WMGR: Renee 10/04/18 09:03:46 AM
#16   Shares are being converted as we speak... BF123 09/21/18 01:52:10 PM
#15   Just got your message , i called you BF123 09/20/18 05:59:46 PM
#14   MadMoney, PM me and i will explain, this BF123 09/20/18 05:46:43 PM
#13   Hello BF123 09/20/18 05:45:59 PM
#12   Will have a big move BULLBULLBULL 09/15/18 07:23:17 PM
#11   Anybody got a clue, as to what's going Mad Money Monkey 09/11/18 10:21:05 AM
#10   Name change? BULLBULLBULL 09/08/18 10:57:53 AM