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She's alive! Breakout?
Specifics on assets injection into new entity
Interesting... August 31, 2020, the Company had net revenues of $226,169 and assets other than cash and cash
equivalents represented a significant portion of the total assets of the Company.
Since the acquisition of Lil Macua, the Company has continued to develop and expand its business
plan. Pursuant to an Investment, Cooperation and Partnering Agreement dated May 18, 2020, the
issuer issued 50,000,000 common shares on June 9, 2020 to Kam Iat Fu International Company
Limited at $.2975 per common share resulting in a change of control. Pursuant to the Agreement
Kam Iat agreed to inject business assets into the issuer within the next twenty-four months.
As a result, the Company has not been a shell company since March 29, 2019 as it has continued
to have significant operations and develop and expand its business.
Lead Innovation Corporation
/s/ Chun Hong Cheng Cheng CEO
Dated: October 20, 2020
As per last Filing- Not a Shell
No Longer a Shell
LEAD INNOVATION CORPORATION A Nevada corporation
Junhao Hotel 3 Jingguan Avenue, Sanxiang Town, Zhongshan City Guangdong China 528463 Telephone: +86 137-0236-1616 Primary SIC code: 7011 – Hotels and motels Secondary SIC code: 5093 – Scrap and waste materials
Quarterly Report For the period ended May 31, 2019 (the “Reporting Period”)
As of May 31, 2019, the number of shares outstanding of our Common Stock was: 440,742
As of November 30, 2018, the number of shares outstanding of our Common Stock was: 440,742
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934.): Yes: No: x
Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: x No:
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period: Yes: No:
LEAD INNOVATION CORPORATION A Nevada corporation
Junhao Hotel 3 Jingguan Avenue, Sanxiang Town, Zhongshan City Guangdong China 528463 Telephone: +86 137-0236-1616 Primary SIC code: 7011 – Hotels and motels Secondary SIC code: 5093 – Scrap and waste materials
Quarterly Report For the Three Months ended February 28, 2019 (the “Reporting Period”)
As of February 28, 2019, the number of shares outstanding of our Common Stock was: 440,742
As of November 30, 2018, the number of shares outstanding of our Common Stock was: 440,742
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934.): Yes: x No:
Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Yes: No: x
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period: Yes: No: x
Digital Currency Wallet news from Overstock today. Hopefully DIGAF PR's coming soon!!
10. Subsequent Events.
In February 2019, the Company entered into a letter of agreement with Lead Innovation Limited, a Macau company (“Lil Macau”). Lil Macau was formed with the vision of developing lifestyle products and projects of innovative, creative nature that fosters a modern lifestyle of quality and leisure. Since inception in 2016, Lil Macau has developed certain projects in the People’s Republic of China through its wholly owned subsidiary Zhuhai City Unicorn Hotel Management Co., Ltd. (WFOE), a PRC company. Additionally, Lil Macau recently entered into business in the food and beverage distribution industry in Macau which business extends to other countries in Asia. Lil Macau, through its WFOE subsidiary, also owns business and certain high-end properties in the Zhongshan City of Guangdong Province in the People’s Republic of China.
Chun Hong Cheng Cheng, majority shareholder, sole officer and director of the Company is also the majority shareholder, sole officer and director of Lil Macau.
Pursuant to the letter of agreement, the sellers (Mr. Cheng Cheng and Pak Ying Cheng Cheng), have agreed to sell all of their shares in Lil Macau representing 72.4% of total issued and outstanding shares of Lil Macau in exchange for convertible preferred shares of the issuer. The preferred shares shall be convertible after 18 months from issuance at a conversion rate of 10 common shares for each $1 of preferred shares. The amount of
preferred shares to be issued shall be determined prior to closing of the transaction. The required Macau government approvals have been obtained and a closing date of April 26, 2019 has been determined.
Not sure, but this ticker been on my radar since Feb. volume with small position. Multi year chart looks like it's saying something.
Hopefully for a merger of entities, back door IPO, quarterly with revenue, earnings, guidance, uplisting. Should bring a clarity to an actual valuation. Next week looks like the answers for investors
Is the paint dry yet
Split adjusted we are- .0019/.0056
Next order of business after symbol nonsense should be the 1st PR from Lead Innovation. Flip a coin?
I guess can't complain. Blew some out at 18,2. But held based on disclosure and what looked like GREAT setup for a multi penny ride. Oh well. Maybe we uplift, merge some revenue, and salvage a return. Not really a flyer anymore
Yippee! What am I gonna make on 325 shares of this $4 ticker. Thanks CHENG... Was really not called for! Whatever
WOW...Just got Junk Punched today
Another tough market Tape. Not a Lot of buying when the sky's falling! Overall we needed a red day. Stocks don't go up in a straight line. Generally speaking. :)
Tough Overall Market Tape Today..HTIC Green..Hummmm.....
Where ever supply and demand takes us
NEW 52 week closing High today?? News
should come right after Ticker Change.
Things have transpired very quickly here !
Company profile now updated on OTC
https://www.otcmarkets.com/stock/HTIC/profile
Lead Innovation Corp. acts like news imminent. Maybe Monday???
Only 8 trading hours to try and get some shares!!
Chart tells the story !!!
There will be a rush back in for all flippers at .015
Could trade there tomorrow?
Once the .015's start trading, more than likely will be a vacuum gap to new highs. All technical now until symbol change, Pr News, and April Qrtly
Chart and technicals look Fantastic here !
Feels like it could go real quick through .015
Approaching .015 Breakout! Don't Blink
Upside technicals coming into play here shortly !
I concur ! Chart Really looks good ! New upward trading range.
.015 trades will technically push this to new HIGHS.
Who knows maybe today... We know updates coming ANY HOUR, ANY DAY !
HTIC Merger DONE DEAL. Next phase Name/Ticker change, PR NEWS, 1st Qrtly in April. NEWS and Updates any hour, any day.
Previous post is speculation, apply to bigger mergers in regards to National Security, Sovereignty, going forward.
OTC Updates- PR News- Any hour, any day now
Trading action looks like this thing just winding itself up for a pop.
Once a couple offers get lifted... PR news any hour,any day.
Quarterly due in April !! OTC markets still needs to update as well
Keep in mind... Everything in motion.. PR any hour any day now !
Looks like .0155 was the ask last 2 minutes. .0126 got taken out last trade. T trade came in after market.
Technical buyers coming back in at very end of day- .015, .016 !
They might not have a chance to get at that level. Possible gap print Monday to start the day !
Hotel Operation and Management part of HTIC
Also, Disclosure stated " Obtaining Funding" not "Seeking"
Big Difference !
Main Takeaway...Looks like HTIC (Lead Innovation) probably has some $.
PR could hit any hour, any day. Quarter due in April.
Psychological tough Market Tape today. HTIC- Green
PR could happen any hour any day