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Shareholder Update
Press Release | 05/28/2020
Dear Shareholders,
I again extend my best wishes to our shareholders, stakeholders, affiliates, partners, and their families, and I hope that you are all well and healthy at this time.
I would like to provide additional updates about Strattner Financial Group ("SFG"), our plans, and recent developments.
As previously disclosed, the core business of SFG currently is TBS CapitalManagementLLC, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the UK, and TBS Equities Fund LLC in the US.
On March 31, 2020, we announced that TBS Equities Fund had signed an agreement with AdvanceTC Limited, a for-profit company limited by shares, incorporated and domiciled in Australia. Pursuant to our agreement with AdvanceTC, TBS Equities Fund committed to purchasing up to 28,000,000 shares of AdvanceTC common free trading shares at a discount to market. AdvanceTC shares are currently trading on the National Stock Exchange of Australia (symbol: A88) and have recently been listed on the OTC Markets as a foreign symbol ATCLF. TBS Equities Fund has held 2,000,000 shares since early 2019, and our management felt that the acquisition of additional shares at a discount to the market price fits in our global equities portfolio strategy.
On April 29, 2020, we announced that SFG had signed an agreement to acquire Always ON Incorporated., a New York based corporation. Always On has been working on closing the digital broadband, point-to-point telecommunications and specialized computer networking projects. Pursuant to our agreement with Always On, SFG agreed to issue 5,000,000 shares of our common stock to Always On founder David Blunk, which will be reflected in our coming quarterly statement. Mr. Blunk also joined our Executive Board as SFGs Chief Technical Officer.
Under Davids leadership, SFG recently launched Strattner Technologies LLC, and will build a developer and commercialization platform. Theplatform should integrate standards that enable developers todevelopsoftware applications based on market demands and will allow our corporate team to commercialze.
SFG and Strattner Technologies have been in negotiations with satellite network operators, but as of the date of this letter, we had no definitive agreements and had not agreed to any terms.
Management believes that through Always On and Strattner Technologies, together with our relationship with AdvanceTC, SFG will have the opportunity to achieve synergies by working with a satellite network operator and combining the technologies of Always On, AdvanceTC, and Strattner Technologies. We will continue to provide updates as these negotiations continue.
Additional Officers and Employees
On April 8, 2020, we announced that we had appointed new officers of SFG. We welcomed Dr. Chin Yung Kong (Co-CEO overseeing Asian Markets), Enrique Vargas (Chief Marketing Officer), Joseph Cordi (Chief Sales Officer and institutional client relations), and Micahel Temo (Chief Operations and Development Officer Sports, Nutrition & Lifestyle commercialization).
We also recently employed four new employees: a CPA, an Analyst, an Executive Assistant, and a virtual assistant.
We believe that each of these individuals brings strong leadership, experience, and opportunities to SFG.
Dr. Chin, for example, is the majority owner and CEO of several international entities, mainly located in the far East (including Hong Kong, Malaysia, and China), including QMIS World Trade International. On March 23, 2020, we announced that SFG had signed a partnership agreement with QMIS World Trade International, a wholesale and procurement management company based in Malaysia. Both parties entered into this partnership agreement to procure various Novel Coronavirus COVID-19 Test Kits that are available for sale through QMIS World Trades manufacturing and distribution partners.
The partnership with QMIS World Trade happened because of my working relationship with Dr. Chin. In addition to serving as SFGs Chief Executive Officer, I also serve as the Chief Financial Officer of QMIS TBS Capital Group Corp., a recently formed Delaware corporation. Dr. Chin is the CEO of that company. Through my association with Dr. Chin, I learned of his procurement, sourcing and wholesaling business in Malaysia. (I also learned that Dr. Chin made a personal donation of 100,000 face masks to the Malaysian government.)
A best efforts sales agreement was signed between SCNG, QMIS World Trade International and a distribution company that is the Chinese based distributor for the COVID-19 testing kits of a reputable Pharma company. In this agreement, SFG and QMIS World Trade are the joint sales agent for their product which at the time received US FDA approval. We dont mention the name of the Pharma Company since no purchase orders materialized.
As of the date of this letter, the shipments and distribution of the COVID-19 testing kits have not yet materialized due to complexities in global freight forwarding. SFGs management has reviewed the agreement and has had conversations with the Chinese distributor, who confirmed that the agreement is still effective. We anticipate that QMIS World Trade will remain a long-term partner and will continue to provide sourcing and procurement services to SFG and its subsidiaries.
KAVA Industries
On March 17, 2020, SFG announced that we had signed a Joint Venture agreement with the Fijian-based Kava Industries relating to the Kava Brothers project. SFG and the Kava Industries agreed to form a partnership to finance the purchase of up to 50 tonnes of Fijian Kava at a competitive cost. Kava Industries agreed to reinvest the majority of the proceeds to acquire up to 100 tonnes of Fijian Kava per year for five years. The primary use of kava is reducing stress and anxiety.
Subsequently, we have decided to build a brand around the KAVA Industries joint venture and to export high quality Fijian Kava to the USA. Bringing these products into the United States requires product laboratory testing and various approvals. I have had great conversations with the local farmers in Fiji who found themselves in a position where the price for Fijian Kava increased due to natural weather phenomena. SFG is working to secure contracts to acquire their Kava root at a competitive price and will be managing this business as a portfolio company with the vision to complete the Kava project as well as possible future expansion into other agriculture projects.
Promissory Notes
Finally, for the sake of full disclosure, and as disclosed in our public filings, I hold two promissory notes which were issued on April 25, 2018, in the amount of $5,000, and on July 1, 2019, in the amount of $3,000. In January 2020, I submitted a conversion notice to effect a partial conversion of the April 25, 2018, note, converting $750 of that note into 7,500,000 shares. As of the date of this letter, it is my intention to sell shares equal to one percent (1%) of SFGs total outstanding common stock. As of the date of this letter, SFG had 112,927,757 shares outstanding, and one percent would be 1,129,277 shares.
IR Contact
Strattner Financial Group
admin@strattnercapital.com
+1 (917) 210-1062
https://www.otcmarkets.com/stock/SCNG/news/Shareholder-Update?id=263260
NRP Stone closed its acquisition of Rare Metals and Gems Investors (RMGI) on schedule. The acquisition includes an exclusive worldwide marketing agreement for white diamond and gold products. Its products will include raw and cut white diamonds, as well as gold bullion, nuggets, jewelry, and coins. Each raw diamond is to be cut by NRP or supplier sources and will be marketed and distributed through NRP wholesale and retail outlets, including the NRP Stone website. Each cut diamond will be graded by the Gemological Institute of America (GIA).
The transaction included GIA-graded loose diamonds and colored diamonds set in beautiful Luxium rings, in addition to one ton of Luxium ore concentrate. The ore was appraised by a third party in a Technical Assessment and Valuation Report dated August 30, 2019 and valued at $1.5MM per ton. The ore will be used to produce granulated solid and Luxium nanoparticles for industry.
Luxium is .999 fine silver and is atomically engineered combining silver with other trace elements. The result is a precious metal that has the natural finished look of chrome, though it can be colored and brushed for jewelry. Its workability is similar to silver, but is tarnish resistant. Luxium also has conductive properties like silver, the world's best-known natural conductor of electricity. Therefore, Luxium has many potential industrial uses including electrical transmission, integrated circuitry, aeronautics, solar, and medical devices. Moreover, Luxium has the potential to fill the price gap between gold and silver, as well as changing, replacing, and enhancing many industrial applications.
NRP's Luxium and diamonds are derived from Mother Earth's natural processes…with a technological twist. Most diamonds mined in the world remain unfinished by Mother Earth. They are yellow to brown in color because they were not given the time, heat, and pressure required, finishing them into white and rare colored gemstones. As a result, these brown diamonds are typically crushed and used for industrial purposes, including diamond drills, saws, or abrasives. Only recently, these yellow or brown diamonds have been promoted as jewelry. However, with proprietary technology, yellow and brown diamonds can be finished to their highest and best potential: white and colored gemstones. NRP diamonds are considered by the GIA to be "naturally processed diamonds," because the technology used to finish them replicates the earth's natural processes, only in a shorter timeframe. Using these proprietary processes, brown diamonds can become white, as well as all colors of the rainbow, depending upon their organic makeup. This can be done without using dyes and radiation, or without synthetically growing them in labs.
The acquisition sets the stage for possible additional acquisitions and has opened negotiations for funding, joint manufacturing, and other products. If successful, this would position NRP into becoming a vertically integrated company. What was initially conceived as purely a marketing operation for diamonds and Luxium has expanded into gold products and negotiations for funding jointly-owned operations of minting gold and Luxium coins, for raw colored diamond finishing, and for producing Luxium for jewelry and industry.
NRP Stone, Inc. is engaged in marketing and distribution of unique precious metals and gems. SYM: NRPI (NRPI.PK) U.S.: OTC; CUSIP: 62940J200. Website: https://nrpstone.co. Email: davidmclarkii@nrpstone.co. Follow us on Twitter @nrpstone.
https://www.prnewswire.com/news-releases/nrp-stone-inc-closes-rmgi-acquisition-301007121.html
LONG AND STRONG!
https://www.networknewswire.com/networknewsaudio/neutra-corp-ntrr-interview/
Neutra (OTCQB: NTRR) is an early-stage research and development company committed to bringing modern, healthy-living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture — one where consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical submarkets is the new, thriving, hemp-based CBD market, in which the company intends to participate.
For more information, visit the company’s website at www.Neutrainc.com.
Company: Neutra Corp. (NTRR)
Category: Interviews
August 28, 2019
NOTE TO INVESTORS: The latest news and updates relating to NTRR are available in the company’s newsroom at http://nnw.fm/NTRR
LOADING at these levels is amazing. imo HEADING to new heights! COPPER and SILVER are on the way!
The SHORT players are winning their NTRR mind game. What a shame it's not BREAKING OUT and leaving the SHORTs in the dust.
NTRR L2 BID OTCX 1,500,000 $0.0003 ASK OTCX 0.0132 Needs to go away. How can so much stock manipulation be legal?
NTRR Needs upward momentum to bring new investors to the table. Holding long at 48 is boring and a gut shot. So many people will triple their money before I break even. Loading at the bottom, but we need this baby to BREAK OUT of the FUNK it's currently in. When will the trend improve (July, Aug)?
Lord Global Corp.’s (OTC:LRDG) 27Health, Inc. Subsidiary details scientific rational for the need for an oral sanitizer, Covi-Guard™
Oral Sanitizer Powered with Covi-Guard™ proprietary formula is the new way of preventing disease transmission via oral route
Company believes this to be its signature product with a market in excess of $200 million
NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- Due to COVID-19 where the current market is saturated with "hand sanitizers" for prevention, with a need for people to feel "safe" Coviguard Corp has launched a new line of "Oral Sanitizers" that will launch July 2020. Oral Sanitizers which delivery system include a mouthwash and mouth spray will help prevent transmission by weakening the virus and its membrane by using cyclodextrins. When the virus enters through the mouth it is weakened before entering the respiratory tract. The patent pending formula is a viral inhibitor with anti bacterial properties and it also provides immune support. Covi-Guard™ is a FDA OTC ( Over the Counter) Human Label Mouthwash and Mouthspray. Mouthwash has the potential to protect against COVID-19 infection by killing the coronavirus before it can infect human cells, according to a new report. Coronaviruses belong to the class of 'enveloped viruses', meaning they are covered by a fatty layer that is vulnerable to certain chemicals. A team of international researchers say mouthwash could destroy the outermost layer or 'envelope' of the virus, preventing its replication in the mouth and throat.
Lisa Marie Kao, CEO of Coviguard Corp: "Oral Sanitizers are the new way of hand sanitizers, not only do we need to use hand sanitizers for prevention, we also need to protect our mouths where the virus enters. By utilizing an oral sanitizer it will help reduce viral and bacterial load, and prevent transmission which mitigates the risk of getting infection. Most people do not comply by wearing masks so with the oral sanitizer we are adding the extra protection they need to help prevent further contagion.”
Lisa Marie Kao has 25 years experience in the dental industry and created the oral sanitizer mouthwash as a" pre-procedural rinse" to help reduce aerosol contamination when dental professionals treat patients. This pre-rinsing procedures is the new protocol recommended by the ADA (American Dental Association) In times of viral epidemics, the dental profession ranks as one of the most vulnerable professions when it comes to risk of viral infection. As a result, dental offices need to take exceptional precautions in order to prevent virus transmission and ensure the health and safety of both patients and staff. Oral care products should contribute to these efforts and make dental practices a healthier place altogether. Using cyclodextrins as a broad-spectrum antiviral is one of the ways oral care products can help with the prevention and treatment of viral infections in dental offices.
Joseph Frontiere, CEO of Lord Global Corporation, said “The company decided to delineate the scientific mechanisms for why Covi-Guard™ is able to significantly reduce the viral load in both the oral mucosal membranes and eventually the nasal membrane. The company anticipates this product to be on the market within the next 60 days. The company has identified its manufacturer as well as several key wholesalers. Recently, we estimated that the first year sales could be approximately $15 million, the excitement around this product leads us to believe it could be significantly greater. The margins for this product are similar to ethical drug margins. We believe this product will produce significant earnings for the company.”
Cyclodextrins are proving to be extremely valuable in prevention against viral attacks on the mucous membranes in the mouth, throat and nose”—Prof. Denis Bourgeois, Claude Bernard Lyon 1 University
Cyclodextrins are substances commonly used in drug delivery as solubilisers, that is, media that help deliver drugs to where they are needed. This includes, for example, antiviral drugs that need to reach the mucous membranes where viruses tend to settle in and spread.
More importantly though, modified cyclodextrins act as effective broad-spectrum antivirals. According to a recent study published in Science Advances, a cyclodextrin developed by researchers “exhibits a broad-spectrum virucidal, irreversible mechanism of action, presents a high barrier to viral resistance, and is biocompatible”.
Hyperlink of Research Papers
https://www.dailymail.co.uk/sciencetech/article-8315269/Commercial-mouthwash-prevent-COVID-19-transmission-scientists-say.html
https://eu.dental-tribune.com/c/curaden-ag/news/like-soap-for-the-patients-mouth-cyclodextrins-are-important-for-future-of-oral-care/
Combating Coronavirus: Key Role of Cyclodextrins in Treatment and Prevention
https://www.otcmarkets.com/stock/LRDG/news/story?e&id=1625497
Waiting until the end of July before 2nd 10Q
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 15, 2020
_________________
Commission File Number 0-55077
Neutra Corp.
(Exact name of small business issuer as specified in its charter)
Wyoming 27-4505461
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer
Identification No.)
54 Sugar Creek Center Blvd., Suite 200
Sugar Land, TX
77478
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 702-793-4121
Item 8.01 Other Information
Due to the outbreak of, and local, state and federal governmental responses to, the COVID-19 coronavirus pandemic, Neutra Corp. (the “Company”) is filing this current report on Form 8-K to avail itself of an extension to file its Quarterly Report on Form 10-Q for the quarter ended April 30, 2020 (the “Quarterly Report”), originally due on June 15, 2020. Specifically, the Company is relying on an order issued by the Securities and Exchange Commission (the “SEC”) on March 25, 2020 (which extended and superseded a prior order issued on March 4, 2020), pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (Release No. 34-88465)(the “Order”), regarding exemptions granted to certain public companies. The Order allows a registrant up to an additional 45 days after the original due date of certain reports required to be filed with the SEC if a registrant’s ability to file such report timely is affected due to COVID-19.
The Company’s operations and business have experienced disruptions due to the unprecedented conditions surrounding the COVID-19 pandemic spreading throughout the United States and the world. These disruptions include, but are not limited to: office closures and the unavailability of key Company personnel and contractors required to prepare the Company’s financial statements for the quarter ended April 30, 2020 due to suggested, and mandated, social quarantining and work from home orders. The Company has also been delayed in preparing the Quarterly Report due to delays in obtaining information from third parties who have similarly been unavailable and/or have not had sufficient time to complete the items requested.
As such, the Company will be relying on the Order and will be making use of the 45-day grace period provided by the Order to delay filing of its Annual Report. The Company plans to file its Quarterly Report by no later than August 30, 2020, 45 days after the original due date of its Quarterly Report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Neutra Corp.
Date: June 15, 2020 By: /s/ Sydney Jim
Sydney Jim
Chief Executive Officer
http://irdirect.net/filings/viewer/index/1512886/000116169720000244/
The Exciting Story of Neutra Corp (OTCMKTS:NTRR) 0
BY CARRIE RIVERS ON JUNE 13, 2020 MEDIA & TECHNOLOGY, MICRO CAP INSIDER, STREET WATCH
Neutra Corp (OTCMKTS:NTRR) has been on the rise in recent weeks running out of triple zero land and emerging as a volume leader. The stock took off at the end of May after the Company announced it has completed payments on the last of its convertible debts with one of its lenders, demonstrating the company’s strength and preparing it for future growth opportunities.
According to management “The retiring of this convertible debt testifies to the soundness of our business plan. Even in a time of growing economic uncertainty, we were able to meet our goals and retire debt. Now we are focusing on our operation, growth and expansion into new markets without hindrance. The market for hemp-based CBD products has never been greater, and thanks to our new facility in Houston and our Texas hemp license, we ready for bigger and brighter days ahead.”
Neutra Corp (OTCMKTS:NTRR) bills itself as an an early-stage research and development company that’s bringing modern healthy living solutions to a multi-billion dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture-one where consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical sub-markets is the new thriving Hemp-based CBD market, in which we intend to participate.
Microcapdaily has been reporting on NTRR for years, we stated some years ago on the Company – Neutra Corp (OTCMKTS:NTRR) is making an explosive move up after hitting a recent low of a dime. The move up comes as the entire Cannabis sector heats up and lights the OTCBB on fire! NTRR has a history of highly explosive moves making several significant runs over the past 2 years in tandem with the industry. NTRR was initially incorporated to market and sell nutraceutical supplement products, which let’s face it, is an over done stupid business plan. And then suddenly as Medical Marijuana Penny Stocks exploded they entered the sector.
With a Texas hemp-handling license, VIVIS Corp, Neutra’s wholly owned subsidiary has many strategic sources where it can obtain compliant hemp biomass for its growing range of CBD products. The company’s Houston production facility is now up and running. With this facility online, VIVIS is able to produce compliant, full-spectrum distillate, broad-spectrum distillate, 99%+ crystalline cannabidiol (Isolate). The company is also able to manufacture a wide range of end-user CBD products, such as tinctures, gummies, lotions, salves, etc.
To Find out the inside Scoop on NTRR Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
NTRR
On June 10 NTRR announced an update to shareholders. According to management Neutra made significant strides towards its long-term goal of becoming a vertically-integrated company as well as paying off the last of its convertible debt.
“It’s been a very successful start to the year,” said Neutra CEO Sydney Jim. “And we couldn’t have done it without our valuable core of loyal investors. To those who have supported us, I say thank you. Next, Neutra’s goal is to become a fully vertically integrated company. This means to have cultivation, production and manufacturing in our control. Over the last year, we have achieved two of those three steps. We have a fully operational production and manufacturing facility. Now we’re focusing on the third step, which is cultivation. We’ve accomplished a lot thus far, but the best is yet to come. Stay tuned.”
Neutra’s biggest milestone thus far has been the opening of its new production facility in Houston. The site will initially be able to extract over 30,000 lbs per month of hemp biomass, remediate over 200 liters per month of distillate and manufacture a suite of end-user products such as tinctures, topical, etc. The facility will also service companies looking to white label or private label their own branded products, as well as farms that need rolling services.
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Currently trading at a $2.7 million market valuation NTRR has has been on the rise in recent weeks running out of triple zero land and emerging as a volume leader. The stock took off at the end of May after the Company announced it has completed payments on the last of its convertible debts with one of its lenders, demonstrating the company’s strength and preparing it for future growth opportunities. Its easy to get excited about NTRR with the opening of its new production facility in Houston. The site will initially be able to extract over 30,000 lbs per month of hemp biomass, remediate over 200 liters per month of distillate and manufacture a suite of end-user products such as tinctures, topical, etc. The facility will also service companies looking to white label or private label their own branded products, as well as farms that need rolling services. We will be updating on the stock as more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with NTRR
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Disclosure: we hold no position in NTRR either long or short and we have not been compensated for this article.
https://microcapdaily.com/the-exciting-story-of-neutra-corp-otcmktsntrr/126026/
Shareholder communication: Growth plan under new leadership
Press Release | 03/31/2020
Dear Shareholders,
This is a difficult time for a lot of people and I would like to extend my best wishes to our shareholders, stakeholders, affiliates partners and families to stay safe, healthy and optimistic. I would like to take this opportunity to provide you with an overview of our growth plan.
Firstly, we filed a name change request with the state of Colorado. The new name of the Company will be Strattner Financial Group Corp.
Going forward the core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment adviser, CRD# 304817 / SEC#: 802-117143, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the UK and TBS Equities Fund LLC in the US. Through these entities we focus on managing multiple alternative asset classes including loans, convertibles, credit, equity linked investments and commercial interests.Through our operating activities we sometimes acquire companies across a broad spectrum of industries that show strong growth potential. We have the capability to address a broad variety of transaction types:
Buyout and Control Investments
Direct Equity/Debt
Investment
Special Situations
Activist Situations
Liquidation Opportunities
Corporate Divestitures/Carve-outs
Recapitalizations
Distressed/Turnarounds
Through this growth strategy we intent to make acquisition of companies that already have a visible brand identity and are well positioned. We diversify our ownership across various industries and generally base our decision making process on the ability to convert our interests into equity.
Looking ahead I am also excited about the overall prospects of our agreements with QMIS World Trade International and Kava Industries.
Sincerely Yours,
Timo Strattner
CEO
PHILUX GLOBAL FUNDS will hold a number of subfund compartments over a period of time for investments in real estate, renewable energy, agriculture, healthcare and education in Vietnam. Initially, the fund intends to focus on the development of the Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere comparable to the Antwerp (Belgium) and Dubai (UAE) exchanges.We will continue to organize additional compartments for other industries and investment portfolios in the near future.
Fund Structure
PHILUX Global Funds and its sub-funds are organized in accordance with the following:
Legislation: Luxembourg Laws
Law of July 23, 2016 on Reserved Alternative Investment Funds (RAIF).
Law of August 23, 2016 on commercial companies.
Law of July 12, 2013 on alternative investment fund managers.
Regulation: Supervision by CSSF (Commission de Surveillance du Secteur Financier) of Luxembourg.
Segregation: Sub-funds or Compartments
Each sub-fund constitutes a separate pool of assets invested in accordance with the particular investment features applicable to such sub-fund. For the purposes of relations with creditors, each sub-fund is treated as a single entity. The assets of one sub-fund are only responsible for all debts, engagements and obligations attributable to this sub-fund. In this regard, if the Company incurs a liability, which relates to a particular sub-fund, the creditor’s recourse with respect to such liability shall be solely to the assets of the relevant sub-fund.
Duration: Unlimited or limited period of time.
Promotorship: Bank Initiator
Eligible Assets: Any kind of assets
Cash or Cash equivalents
Equity
Bonds
Derivatives
Investment funds
Private equity
Real Estate
Precious metals (gold, silver, platinum, etc.)
Arts
Other
Investments:
Direct
Through fully-owned specific purpose vehicles (Luxembourg or foreign holding companies).
Risk spreading: Risk diversification requirements (to be determined)/Look through accepted.
Form of securities: Shares:
Participating shares (owned by limited shareholders)
Management shares (owned by the General Partner)
Subscription:
Each sub-fund is reserved to a specific shareholder or a select group of shareholders (one family). New shareholder(s) are accepted according to the shareholder agreement with each sub-fund.
Subscription-based model.
In cash or in kind.
Subscription fees possible.
Depository: Hauck & Aufhauser Luxembourg
Administration: Luxembourg Central administration.
AIFMD Management: Delegation to AIF ManCo.
Investment Management:
The General Partners conduct the investment management with a regulated investment manager, which follows guidelines and rules fixed by each sub-fund committee.
Risk Management: Delegation to AIF ManCo.
Audit: External independent Luxembourg CSSF-regulated auditor required.
Financial reporting:
Audited annual report
LuxGAAP/IFRS
Wealth tax: Exempt.
http://www.philux.eu/fund-structure/
FIRST-EVER VIETNAM-RELATED LUXEMBOURG BANK FUND LAUNCHED. imo Up to 13 Billion Share Buyback coming soon!$PHIL We have successfully activated our Luxembourg bank fund: PHILUX Global Funds https://t.co/zbcNntVcHq
— PHI GROUP INC (@PHIGROUP) June 12, 2020
When will the PHIL buyback happen? Up to 13 billion shares No later than 6/30.
Henry Fahman, Chairman of PHILUX Global Funds, stated: “We are very pleased to have reached this significant milestone in activating the first-ever Vietnam-related Luxembourg bank fund. Not only will Vietnam stand to benefit tremendously following the secular trend after the global coronavirus disruptions, but this will also provide excellent investment opportunities in our fund compartments as we undertake major initiatives that should bring rewards for our investors.”
https://www.globenewswire.com/news-release/2020/06/12/2047457/0/en/FIRST-EVER-VIETNAM-RELATED-LUXEMBOURG-BANK-FUND-LAUNCHED.html
FIRST-EVER VIETNAM-RELATED LUXEMBOURG BANK FUND LAUNCHED
9:00 am ET June 12, 2020 (Globe Newswire) Print
PHI Luxembourg Development S.A., a Luxembourg-based subsidiary of PHI Group, Inc., (www.phiglobal.com, OTC Markets: PHIL), announced today that it has successfully activated the first-ever Luxembourg bank fund for the Vietnamese economy, PHILUX Global Funds (www.philux.eu), a Reserved Alternative Investment Fund (RAIF).
PHILUX Global Funds plans to create a number of subfund compartments over a period of time for investments in real estate, renewable energy, agriculture, healthcare and education in Vietnam. Initially, the fund intends to focus on the development of the Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere comparable to the Antwerp (Belgium) and Dubai (UAE) exchanges.
The Company would like to take this opportunity to thank Dr. Ben C. Smet - our fund structuring agent and global program manager, Messrs. Pierre Delandmeter and Yannick Deschamps of DLP Law Firm - our Fund attorneys, VCI Legal - our Vietnamese Attorneys, Hauck & Aufhauser - our custodian bank and alternative Investment Fund Manager (AIFM), Atoz Tax Advisers Luxembourg - our Luxembourg tax adviser, Ernest Young Luxembourg and Ernest Young Vietnam - our auditors, Cushman Wakefield Vietnam - our Vietnam independent valuator, PHILUX Capital Advisors, Inc. - our investment adviser and particularly The Luxembourg Financial Sector Supervisory Commission (CSSF), as well as our other committed friends and colleagues for their dedication, diligence, patience and support in the successful establishment and activation of our PHILUX Global Funds.
Henry Fahman, Chairman of PHILUX Global Funds, stated: "We are very pleased to have reached this significant milestone in activating the first-ever Vietnam-related Luxembourg bank fund. Not only will Vietnam stand to benefit tremendously following the secular trend after the global coronavirus disruptions, but this will also provide excellent investment opportunities in our fund compartments as we undertake major initiatives that should bring rewards for our investors."
Ben Smet, the fund structuring agent, commented: "With great pride, I can announce the finalization and activation of PHILUX Global Funds. I thank Henry Fahman for his trust and confidence in me and my legal and negotiation teams. I look forward to continuing to cooperate successfully and in friendship with the authorities and government bodies in the Chu Lai Open Economic Zone, the Chairman of Quang Nam Province and his staff, as well as the Central Government in Hanoi to contribute to the well being of Vietnam. Vietnam is the gem of professionalism and beauty amongst all states and governments I have ever assisted."
About PHI Group, Inc.
PHI Group (www.phiglobal.com), (www.phiglobal.com, OTC Markets: PHIL), primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. In addition, the Company's wholly-owned subsidiary, PHILUX Capital Advisors, Inc. (www.philuxcap.com) provides M&A consulting services and assists companies to go public and access international capital markets and will serve as the investment adviser to PHILUX Global Funds.
About PHILUX Global Funds
PHILUX Global Funds is a Reserved Alternative Invest Fund (RAIF), a Luxembourg bank fund to hold several compartments over time for investment in real estate, renewable energy, agriculture, multiple commodities, etc. (www.philux.eu). PHILUX Global Funds also intends to focus on the development of a Free-Trade Zone in the Chu Lai Open Economic Zone in Quang Nam Province, Vietnam which will house the Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE), the first-ever rough diamond exchange to be established in the Asian Hemisphere.
Safe Harbor Act and Forward-looking Statements
This news release contains "forward-looking statements" pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected," which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
PHI Group, Inc. +1-702-475-5430
info@phiglobal.com
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NTRR PR campaign to raise 13billion in private Equity and share-buy-backs will blow the shorts out of the water. Long $2.43
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STRATTNER FINANCIAL GROUP CORP.
https://backend.otcmarkets.com/otcapi/company/financial-report/248660/content
A Colorado Corporation
30 Wall Street, Suite 800 10005, New York, USA
Unit 2104, 21/F, Infinitus Plaza 199 Des Voeux Road Hong Kong
+1 (800) 265-9895
www.strattnercapital.com
admin@strattnercapital.com
SIC Code: 6282
Quarterly Report
For the Period Ending: March 31, 2020
(the “Reporting Period”)
As of March 31, 2020, the number of shares outstanding of our Common Stock was: 112,927,757
As of December 31, 2019, the number of shares outstanding of our Common Stock was: 97,297,750
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: No: X
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period:
Yes:X No:
Name of the issuer and its predecessors (if any)
In answering this item, please also provide any names used by predecessor entities in the past five years and the
dates of the name changes.
Strattner Financial Group Corp. (formerly SC Holdings Corp.) (“SCNG,” the “Company,” “we,” “us,” or “our”) was
incorporated in the state of Nevada on July 15, 2002, under the name Meadows Springs, Inc. Effective November 14,
2005, the Company completed a reincorporation merger to change the domicile of the Company from Nevada to Delaware and to change the name of the Company to Earth Biofuels, Inc.
Effective April 15, 2009, the Company changed its name to Evolution Fuels, Inc. The Company, which had been an
SEC reporting company since 2002, terminated its registration with the SEC on April 15, 2009.
On October 18, 2012, the Company merged with a Colorado corporation, Strong Captain, Inc., which had been incorporated on October 16, 2012. The merger resulted in the Company, then named Strong Captain, Inc., being the surviving
entity. On January 31, 2013, the Company changed its name back to Evolution Fuels, Inc. Subsequently, on February
24, 2014, the Company changed its name to SC Holdings Corp.
On September 11, 2019, the Company changed its name to Evolution Global Financial Holdings Corporation. On March
the Company changed its name back to SC Holdings Corp. Subsequently, on March 30, 2020, the Company changed
its name to Strattner Financial Group Corp.
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in
the past five years?
Yes: No: X
1) Security Information
Trading symbol: SCNG
Exact title and class of securities outstanding: Common Shares
CUSIP: 78409C 106
Par or stated value: $0.00001
Total shares authorized: 18,000,000,000 as of date: March 31, 2020
Total shares outstanding: 112,927,757 as of date: March 31, 2020
Number of shares in the Public Float: 8,315,014 as of date: March 31, 2020
Total number of shareholders of record: 1,032 as of date: March 31, 2020
Additional class of securities (if any):
Trading symbol: SCNG
Exact title and class of securities outstanding: Series A Preferred Shares
CUSIP: 78409C 106
Par or stated value: $0.001
Total shares authorized: 2,000,000 as of date: March 31, 2020
Total shares outstanding: 2,000,000 as of date: March 31, 2020
Transfer Agent Name: Signature Stock Transfer, Inc.
Phone: 972-612-4120
Email: jason@signaturestocktransfer.com
Is the Transfer Agent registered under the Exchange Act?2 Yes: X No:
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors: None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
Change of Directorship
On March 24, 2020 the Company appointed Timo Bernd Strattner as the new CEO and Director of the company.
Acquisition of TBS Capital Management LLC
On March 30, 2020 Timo Strattner acquired TBS Capital Management LLC, a New York based Exempt Reporting
investment adviser, CRD# 304817/SEC#: 802-117143, TBS Capital LP, Strattner Capital LP and TBS Equities Fund
LLC.
Acquisition of the Kava Brothers Project and Kava Industries LLC
On March 17, 2020, we announced that we had signed a Joint Venture Agreement (the “JV Agreement”) with the Fijianbased Kava Brothers project. Under the JV Agreement, we plan to establish a business relationship to finance the
purchase of up to 50 tonnes of Fijian Kava at a competitive cost, as well as to provide support services, sales and
marketing, legal services, distribution services, licensing services, and accounting services. Under the JV Agreement,
Kava Brothers will reinvest the majority of the proceeds to acquire up to 100 tonnes of Kava per year for 5 years.
Acquisition of TBS Capital Media Group Corp.
On March 30, 2020, The Company acquired TBS Capital Media Group Corp., a Delaware-based Corporation. Through
the agreement, the Company will provide Management, Marketing and business development services to the music
industry.
3) Issuance History
To the best knowledge of the present management of the Company, the list identified below identifies all events, in
chronological order, that resulted in changes in total shares outstanding by the Company (1) within the two-year period ending on the last day of the Company’s most recent fiscal year and (2) since the last day of the Company’s most
re- cent fiscal year.
During the quarter ended December, 31, 2018, the Company issued 13,000,000 shares of restricted common stock in
connection with two stock subscription agreements, both of which were dated November 20, 2018 for $.00769 per
share each. Mr. Yee Wing Nig was issued 6,500,000 restricted common stock shares for a total subscription price of
$50,000 and Mr. Bun Wai Ng was also issued 6,500,000 restricted common stock shares for a total subscription price
of $50,000 resulting in total proceeds to the Company of $100,000.00 (USD). Between the period ended December,
31, 2016 to September 30, 2018 the Company issued no shares of common stock. On March 24, 2020 the Company
issued 1,859,000 Series “A” Preferred to Timo Bernd Strattner.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including
debt convertible into equity securities, whether private or public, and all shares or any other securities or options to
acquire such securities issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed
fiscal years and any subsequent periods:
B. Debt Securities, Including Promissory and Convertible Notes
As of September 30, 2019, the Company has three convertible promissory notes payable in the total amount of $225,000.
On December 31, 2016, three convertible notes were created based on the accruals for officer fees and professional
services, which will accrue and increase at a rate of $25,000 per quarter. The quarterly breakdown of the accruals is as
follows: CEO Tan, $10,000; CFO Wei, $7,500; accounting and legal functions to a service provider for $7,500, all
accrued per quarter, a note for which is created on an annual basis. The holders of all of the Company’s convertible
notes can elect to convert the amounts due thereunder to common stock equity at the conversion rate of $.001 per share.
Number of
Shares outstanding as
of March 31,
2020
Common: 112,927,757
Series “A” Preferred:
2,000,000
*Right-click the rows below and select “Insert” to add rows as needed.
Date of Transaction
type (e.g. new
issuance, cancellation, shares
re- turned to
treasury)
Number of
Shares Issued
(or cancelled)
Class of Securities
Value of
shares issued ($/per
share) at
Issuance
Were the
shares issued at a
dis- count
to market
price at
the time
of is- suance?
(Yes/No)
Individual/ Entity Shares were
issued to (entities must have
individual with
voting / investment control
disclosed).
Reason for
share issuance (e.g. for
cash or debt
conver- sion)
OR Nature of
Services Provided (if applicable)
Restricted or
Unre- stricted as
of this filing?
Exemption or
Registration Type?
Mar 24, 2020 Issuance 1,859,000 Series “A” Preferred
$0.0001 No Timo Bernd
Strattner
CEO appointment
Unrestricted 144
Jan 08, 2020 Issuance 7,500,000 Common $0.00635 No Timo Bernd
Strattner
Debt Conversion
Unrestricted 4 (a)(1)
Jan 14, 2020 Issuance 7,500,000 Common $0..01 No 7350341 CANADA
INC
Debt-Conversion
Unrestricted 4 (a)(1)
Nov 20, 2019 Issuance 6,500,000 Common $.00769 No Bun Wai Ng Cash Restricted 144
Oct 04, 2019 Issuance 10,000,000 Common $0.05 No Gemberry Investment Holding Group
Consulting Restricted 144
Sep 30, 2019 Issuance 141,000 Preferred $0.0001 No Gemberry Investment Holding Group
Consulting Restricted 144
Nov 20, 2018 Issuance 6,500,000 Common $.00769 No Yee Wing Nig Cash Restricted 144
Shares Out- Starting Balance:
Common: 74,297,750
Preferred: 144,000
standing on
December 31, 2017
These notes are non-interest bearing and assignable to bona fide purchasers. Co-CEO Tan Yuen Hing certifies that Timo
Strattner held a note issued 25 April 2018 for an invoice paid for the company.
4) Financial Statements
A. The following financial statements were prepared in accordance with:
U.S. GAAP X
IFRS
B. The financial statements for this reporting period were prepared by (name of individual) :
Name: Timo Bernd
Strattner
Title: CFO
Title: CFO
Relationship to Issuer: Chief Executive Officer
Financial Information is provided at end of report:
C. Balance sheet;
D. Statement of income;
E. Statement of cash flows;
F. Financial notes; and
G. Audit letter, if audited
5) Issuer’s Business, Products and Services
A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”)
The core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment
adviser, CRD# 304817/SEC#: 802-117143, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the
UK, TBS Capital Management Limited in Hong Kong and New Zealand and TBS Equities Fund LLC in the
US.. Through these entities we manage multiple alternative asset classes including loans, convertibles, credit and equity
Date of
Note
Is- suance
Outstanding Balance
($)
Principal
Amou
nt at
Is- suance
($)
Interest Accrued
($)
Maturit
y
Date
Conversion
Terms (e.g.
pricing mechanism for determining con- version of instrument to shares)
Name of Noteholder
Reason for
Issuance
(e.g. Loan,
Services, etc.)
31 Dec 2016 7,500 7,500 $0 $0.001 Li Wei Kai Officer Fees
31 Dec 2016 7,500 7,500 $0 $0.001 ADR Financial
Ltd.
Consulting Fees
25 April, 2018 5,000 5,000 $0 $0.0001 Timo Bernd Strattner Loan
01 July, 2019 3,000 3,000 $0 $0.0001 Timo Bernd Strattner Loam
linked investments and commercial interests. Through our investment activities we acquire companies across a broad
spectrum of industries with strong growth indicators. We have the capability to address a broad variety of transaction
types:
• Buyout and Control Investments
• Direct Equity/Debt
• Investment
• Special Situations
• Activist Situations
• Liquidation Opportunities
• Corporate Divestitures/Carve-outs
• Recapitalizations
• Distressed/Turnarounds
B. Describe any subsidiaries, parents, or affiliated companies, if applicable, and a description of their business contact information for the business, officers, directors, managers or control persons. Subsidiary information may be included by reference :
Acquisition of TBS Capital Management LLC
On March 30, 2020 Timo Strattner acquired TBS Capital Management LLC, TBS Capital LP, Strattner Capital LP and
TBS Equities Fund LLC to the Corporation. Subsequently, the core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment adviser, CRD# 304817/SEC#: 802-117143, and the private
funds TBS Capital LP in the UK, Strattner Capital LP in the UK and TBS Equities Fund LLC in the US. Through these
entities we manage multiple alternative asset classes including loans, convertibles, credit and equity linked investments
and commercial interests.
Agreement with COVID-19 Detection Kit Procurement Company
On March 23, 2020, the Company announced that it had launched an initiative amongst its partners, associates and
stakeholders to secure intermediary, distribution, partnership or best effort agreements with manufacturers and distributors that are capable to manufacture and distribute various detection kits to the wholesale market. The Company signed
a partnership agreement with QMIS World Trade international, a wholesale and procurement management company
based in Malaysia. Both parties entered into this partnership agreement to procure various Novel Coronavirus COVID19 Test Kits that are available for sale through their manufacturing and distribution partners.
The Company and QMIS World Trade International will provide procurement services and manage parts of the process
required to manage the sales of testing kits in minimum order quantity (MOQ) of 10,000 kits to wholesale clients in
countries where certification has been obtained.
Acquisition of the Kava Brothers Project and Kava Industries LLC
On March 17, 2020, we announced that we had signed a Joint Venture Agreement (the “JV Agreement”) with the Fijianbased Kava Brothers project. Under the JV Agreement, we plan to establish a business relationship to finance the
purchase of up to 50 tonnes of Fijian Kava at a competitive cost, as well as to provide support services, sales and
marketing, legal services, distribution services, licensing services, and accounting services. Under the JV Agreement,
Kava Brothers will reinvest the majority of the proceeds to acquire up to 100 tonnes of Kava per year for 5 years.
Acquisition of TBS Capital Media Group Corp.
On March 30, 2020, The Company acquired TBS Capital Media Group Corp., a Delaware-based Corporation. Through
the agreement, the Company will provide Management, Marketing and business development services to the music
industry.
C. Describe the issuers ’principal products or services, and their markets
The core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment
adviser, CRD# 304817/SEC#: 802-117143, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the
UK and TBS Equities Fund LLC in the US. Through these entities we manage multiple alternative asset classes including loans, convertibles, credit and equity linked investments and commercial interests.
6) Issuer’s Facilities
The Company maintains a sub-lease on its primary office in Hong Kong.
Unit 2104, 21/F, Infinitus Plaza 199 Des Voeux Road Hong Kong
The Company maintains a virtual office in its office in New York
30 Wall Street, Suite 800 10005, New York, USA
7) Officers, Directors, and Control Persons
The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities
that are involved in managing, controlling or advising the operations, business development and disclosure of the issuer, as well as the identity of any significant or beneficial shareholders. Using the tabular format below, please provide
information regarding any person or entity owning 5% of more of the issuer, as well as any officer, and any director of
the company, regardless of the number of shares they own. If any listed are corporate shareholders or entities, provide the name and address of the person(s) beneficially own- ing or controlling such corporate shareholders, or
the name and contact information of an individual representing the corporation or entity in the note section.
Name of Officer/
Director and
Con- trol Person
Affiliation with
Compa- ny (e.g.
Officer/Director/
Owner of more
than 5%)
Residential Address (City /
State Only)
Number of
shares
owned
Share type/ class Ownership
Percentage of
Class Outstanding
Note
Timo Bernd Strattner Chief Executive
Officer
Hong Kong 7,500,000 Common 6.64
Timo Bernd Strattner Chief Executive
Officer
Hong Kong 1,859,000 Peferred Series “A” 92.42
Wei Kai Li Chief Financial
Officer
Hong Kong 10,000,000 Common 6.13
Yng Chan Marketing Director Hong Kong 10,000,000 Common 6.13
Gemberry Investment
Holding Group Limited / Siu Kun Ng
Shareholder Hong Kong 11,759,206 Common 7.21 Sng Kiu
Ng
Gemberry Investment
Holding Group Limited
Shareholder Hong Kong 141,000 Preferred Series “A” Sung Kiu
Ng
8) Legal/Disciplinary History
A. Please identify whether any of the persons listed above have, in the past 10 years, been the subject of:
1. A conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding (excluding traffic violations and other minor offenses); No
2. The entry of an order, judgment, or decree, not subsequently reversed, suspended or vacated, by a court
of competent jurisdiction that permanently or temporarily enjoined, barred, suspended or otherwise limited such person’s involvement in any type of business, securities, commodities, or banking activities;
No
3. A finding or judgment by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission, the Commodity Futures Trading Commission, or a state securities regulator of a
violation of federal or state securities or commodities law, which finding or judgment has not been reversed, suspend- ed, or vacated; or No
4. The entry of an order by a self-regulatory organization that permanently or temporarily barred, suspended, or otherwise limited such person’s involvement in any type of business or securities activities.
No
B. Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to the
business, to which the issuer or any of its subsidiaries is a party or of which any of their property is the subject.
Include the name of the court or agency in which the proceedings are pending, the date instituted, the principal
parties thereto, a description of the factual basis alleged to underlie the proceeding and the relief sought. Include
similar information as to any such proceedings known to be contemplated by governmental authorities. None
9) Third Party Providers
Please provide the name, address, telephone number and email address of each of the following outside providers:
Securities Counsel None appointed
Accountant or Auditor None Appointed
Investor Relations None Appointed
Other Service Providers
Provide the name of any other service provider(s), including, counsel, advisor(s) or consultant(s) that assisted, advised, prepared or provided information with respect to this disclosure statement, or provided assistance or services to the issuer during the reporting period.
None
10) Issuer Certification
Principal Executive Officer:
The issuer shall include certifications by the chief executive officer and chief financial officer of the issuer (or any
other persons with different titles but having the same responsibilities).
The certifications shall follow the format below:
I, Timo Bernd Strattner certify that:
1. I have reviewed this March 31, 2020 quarterly Disclosure and Financial statement of Strattner Financial Group
Corp.;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or
omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by
reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
03 June 2020 [Date]
/s/ Timo Bernd Strattner [CEO’s Signature]
STRATTNER FINANCIAL GROUP CORP.
Annual Disclosure Statement
All information contained in this Quarterly Report has been compiled to fulfill the disclosure requirements of Rule
15c2-11 (a)(5) promulgated under the Securities and Exchange Act of 1934, as amended. The enumerated captions
contained herein correspond to the sequential format as set forth in the rule. No dealer, salesman or any other person
has been authorized to give any information or to make any representations not contained herein in connection with
the Issuer. Any representations not contained herein must not be relied upon as having been made or authorized by the
Issuer. Delivery of this information does not imply that the information contained herein is correct as of any time subsequent to the date of this Quarterly Report.
FINANCIAL STATEMENTS
Strattner Financial Group Corp
Statement of Financial Position
As at March 31, 2020
03/31/2020 12/31/2019
Non-current assets
Goodwill, Net $ - $ -
Stock Subscription Receivables $ 100,000.00 $ 100,000.00
Total non-current assets $ 100,000.00 $ 100,000.00
Current assets
Prepaid Expenses $ - $ -
Cash and cash equivalent $ - $ -
Securities portfolio $ 2,328,581.64 $ -
Total current assets $ 2,328,581.64 $ -
Total assets $ 2,428,581.64 $ 100,000.00
Equity
Series A Convertible Prefered
Stock, $ 0.001 par value $ 2,000.00 $ 141.00
2,000,000 authorized shares, 141,000
issued shares
Common Stock, $0.00001 Par
Value 18,000,000,000 $ 1,123.00 $ 880.00
Authorized shares, 112.927,757
shares issued
Additional paid in capital $ 10,092,954.00 $ 9,970,572.00
Accumulated deficit $ (8,677,013.00) $ (8,677,013.00)
Retained Earnings $ (1,544,580.00) $ (1,519,580.00)
Total Equity $ (125,516.00) $ (225,000.00)
Long Term liabilities
Long Term Convertible Notes $ 225,516.00 $ 325,000.00
Total current liabilities $ 225,516.00 $ 325,000.00
Current liabilities
Accrued Liabilities $ - $ -
Accounts Payable $ - $ -
Advances - Related Parties $ 2,328,581.64 $ -
Total current liabilities $ 2,328,581.64 $ -
Total Equity and liabilities $ 2,428,581.64 $ 100,000.00
Strattner Financial Group Corp
Statement of Comprehensive Income
For the quarter ended on 31st March 2020
03/31/2020 12/31/2019
Revenue
Revenue - -
Total Revenue - -
Cost of Sales
Cost of Goods Sold - -
Total Cost of Goods Sold - -
Gross Profit - -
General, & Admin Expenses:
General & Administrative Expenses 17,500 17,500
Professional Services 7,500 7,500
Depreciation - -
Telephone, fax, internet & postage
expense - -
Donation, subscription & rewards - -
Administrative expense - -
Salary Expenses - -
Other expenses - -
Total expense 25,000 25,000
Profit before Tax (25,000) (25,000)
Income Tax - -
Profit After Tax (25,000) (25,000)
Net Profit (Loss) Per share $ (0.0003) $ (0.0010)
Weighted Average Shares O/S 97,927,750 75,381,083
Dated: 04/03/2020 0
Strattner Financial Group Corp
Statement of Cash Flows
For the quarter ended on 31st March 2020
Mar 31, 2020 Dec 31, 2019
Cash Flows from Operating Activities
Net Loss $(25,000.00) $(25,000.00)
Adjustment to reconcile net Loss to net Cash Provided by (Used in) operating
activities:
Depreciation $ - $ -
Option Expenses $ - $ -
Gain on Liability forgiveness $ - $ -
Loss (Gain) on debt Settlement $ - $ -
Loss on Disposal of Fixed assets $ - $ -
Stocked based Compensation $ - $ -
Change in Operating Assets & Liabilities $ - $ -
Accrued Liabilities $ - $ -
Advances - Related Party $ - $ -
Accounts Payable & Expenses $ - $ -
Stock Subscription Receivables $ -
Net Cash provided by (Used in) operating activities $(25,000.00) $(25,000.00)
Cash flows from Investing Activities
Other Assets : Goodwill $ - $ -
Other Assets: Other Assets $ - $ -
Net Cash Flow from Investing Activities $ - $ -
Cash Flows from Financing Activities
Repayment of Notes payables due to shareholders $ - $ -
Advances - related party $ - $ -
Borrowing on Notes payables
Proceeds sale of Common Stock $ -
Net Cash provided by (Used in ) financing activities $ - $ -
Net Increase in Cash $(25,000.00) $(25,000.00)
Opening Cash Balance $ - $ -
Closing Cash Balance $ - $ -
Supplemental Disclosure:
Cash paid for Interest $ - $ -
Cash paid for income taxes $ - $ -
Noncash investing and financing activities $ - $ -
Strattner Financial Group Corp
Statement of Stockholder's Equity
For the period ending on 31st March 2020
Preferred Stocks Common
Stock
Par
Value Paid-in Stock Retained
Earnings
Total
Stockholders'
Shares Amount Shares Capital Capital Subscription
Payable
(Deficit)
Stage Equity
Opening Balance
Jan 1, 2020
141,000 $141
97,927,750 $880 $ 9,970,572
- $
(10,196,593) $ (225,000)
Debt-Stock
Conversion
1,859,000 $1,859
- $ - $ -
-
$ 1,859
Debt-Stock
Conversion
- -
15,000,000 $243 $ 122,382
-
$ 122,625
Net Loss
- -
- $ - $ -
-
$ (25,000) $ (25,000)
Balance March
31, 2020
2,000,000 $2,000
112,927,750 $1,123 $10,092,954
-
$ (10,221,593) $ (125,516)
Write down of other assets $ - $ -
Stock issuance for debt conversion $ - $ -
Stock issuance for accrued compensation $ - $ -
STRATTNER FINANCIAL GROUP CORP.
NOTES TO FINANCIAL STATEMENTS
For the Quarter Ended March 31, 2020
(Internally prepared by management, unaudited)
NOTE 1 — ORGANIZATION, DESCRIPTION OF BUSINESS AND
MANAGEMENT DISCUSSION AND ANALYSIS
Organization
Strattner Financial Group Corp., formerly, SC Holdings Corporation (“SCNG” or the “Company”) was incorporated in
the state of Nevada on July 15, 2002, under the name, Meadows Springs, Inc. Effective November 14, 2005; the domicile
of the issuer was moved to Delaware by means of a merger. Effective April 15, 2009, the issuer changed its name to
Evolution Fuels, Inc. and was domiciled in the State of Delaware. On October 18, 2012, the Company changed its name
to Strong Captain, Inc. and changed domiciles to Colorado from Delaware. On January 31, 2013, the Company changed
its name back to Evolution Fuels, Inc. and remained domiciled on Colorado. Effective October16, 2012 the domicile of
the issuer was moved to Colorado by means of a merger. The name and trading symbol of the corporation was changed
to SC Holdings Corporation, Inc. (SCNG) on September 20, 2014. The transaction resulted in a business combination,
and a change of control within its business purpose. Effective September 16, 2019 the Company changed its name to
Evolution Global Financial Holdings Corporation with the pursuit to follow a certain strategic direction and is in the
process to change the name back to SC Holdings Corp. On 25th March, 2020 the company changed its name back to
SC Holdings Corp. and filed an amendment on March 31, 2020 to correct the name change to Strattner Financial Group
Corp.
Description of Business
The core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment
adviser, CRD# 304817/SEC#: 802-117143, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the
UK, TBS Capital Management Limited in Hong Kong and New Zealand and TBS Equities Fund LLC in the
US. Through these entities we manage multiple alternative asset classes including loans, convertibles, credit and equity
linked investments and commercial interests.
Management Discussion and Analysis
Results of Operations
The Company has not generated any revenue. Expenses for the three months ended March 31, 2020 were $25,000. The
expense was attributed to officer accruals and professional fees for the quarter in the amount of $17,500 and $7,500,
respectively.
Net losses for the three-month periods ended March 31, 2020 were $25,000. The loss for the three-month PE
March 31, 2020 is attributable to the accrual of officer fees and professional services rendered during the period at
$17,500 and $7,500, respectively.
Liquidity
The Company has no working capital as of March 31, 2020. Funds used in operating activities during the three-month
period ended March 31, 2020 were $25,000 while funds provided from financing activities were $25,000, as notes
payable, respectively.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet arrangements.
NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation
The accompanying consolidated financial statements and related notes have been prepared by the principals of
STRATTNER FINANCIAL GROUP CORP. The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Any reference herein
to “SCNG”, the “Company”, “we”, “our” or “us” is intended to mean SC Holdings Corporation, Inc. including the subsidiaries indicated above, unless otherwise indicated.
Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States
of America requires management to make estimates and assumptions that affect the re- ported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported
amount of revenues and expenses during the reporting period. Actual results could differ from these estimates.
Forward Looking Statements
Statements made in this Form 10-Q that are not historical or current facts are forward-looking statements. These statements often can be identified by the use of terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,”
“approximate” or “continue,” or the negative thereof. We wish to caution readers not to place undue reliance on any
such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent
management’s best judgment as to what may occur in the future. However, forward-looking statements are subject to
risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. Among the factors that
could cause actual results to differ materially from the forward-looking statements are the following: the Company’s
ability to obtain necessary capital, the Company’s ability to meet anticipated development timelines, the Company’s
ability to protect its proprietary technology and knowhow;, the Company’s ability to success- fully consummate future
acquisitions and such other risk factors identified from time to time in the Company’s reports filed with the Securities
and Exchange Commission, including those filed with this Form 10-Q quarterly report. We disclaim any obligation
subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement
or to reflect the occurrence of anticipated or unanticipated events.
Cash and cash equivalents
Cash and cash equivalents include certain investments with original maturities of three months or less, such as money
market accounts. There are no cash equivalents as of March 31, 2020.
Accounts receivable
Accounts receivable are reported at the amount management expects to collect from outstanding balances. Differences
between the amount due and the amount management expects to collect are reported in the results of operations of the
year in which those differences are determined, with an offsetting entry to a valuation allowance for trade accounts
receivable. Balances that are still outstanding after management has used reasonable collection efforts are written off
through a charge to the valuation allowance and a credit to accounts receivable. As of March 31, 2020, and December
31, 2019, the allowance for doubtful accounts totaled $0 and $0, respectively.
Long-lived assets
In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360,
Property, Plant and Equipment, the Company tests long-lived assets or asset groups for recoverability when events or
changes in circumstances indicated that their carrying amount may not be recoverable. Circumstances which could
trigger a review include, but are not limited to:significant de- creases in the market price of the asset; significant adverse
changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally
expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a
history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the
asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.
Recoverability is assessed based on the carrying amount of the asset and its fair value which is generally determined
based on the sum of the undiscounted cash flows expected to result from the use and the eventual disposal of the asset,
as well as specific appraisal in certain instances. An impairment loss is recognized when the carrying amount is not
recoverable and exceeds fair value. No impairment losses were recognized for the periods ended March 31, 2020 and
December 31, 2019.
Revenue recognition & Major Customers
Revenue is recognized in accordance with SEC Staff Accounting Topic 13, "Revenue Recognition in Financial Statements". The Company recognizes revenue when the significant risks and rewards of owner- ship have been transferred
to the customer pursuant to applicable laws and regulations, including factors such as when there has been evidence of
a sales arrangement, delivery has occurred, or service have been rendered, the price to the buyer is fixed or determinable
and collectability of the resulting receivable is reasonable assured.
Fiscal year end
The Company has December 31 as its fiscal year ending date.
Stock-Based Compensation
The Company accountsfor stock-based compensation to employees and consultants in accordance with FASB ASC718.
Stock-based compensation to employees is measured at the grant date, based on the fair value of the award, and is
recognized as expense over the requisite employee service period. The Company accounts forstock-based compensation
to other than employees in accordance with FASB ASC 505-50. Equity instruments issued to other than employees are
valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity
instruments and is recognized as expense over the service period.
Development Stage Company
The Company has elected to adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915):
Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove
the inception to date information and all references to exploration stage.
Research and Development
Costs incurred in developing the ability to create and manufacture products for sale are included in re- search and
development. Once a product is commercially feasible and starts to sell to third party customers, the classification of
such costs as development costs stops and such costs are recorded as costs of production, which is included in cost of
revenue. Research and development costs are expensed when incurred.
Basic and Diluted Net Loss Per Share
The computations of basic loss per share of common stock are based on the weighted average number of shares outstanding at the date of the financial statements. The Company computes net income (loss) per share in accordance with
ASC 260. ASC 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income
statement. Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted
average number of shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net
income (loss) by the weighted average number of common shares outstanding plus common stock equivalents (if dilutive) related to stock options and warrants for each year.
Income Taxes
The Company accounts for income taxes utilizing ASC 740, “Income Taxes” (SFAS No. 109). ASC 740 requires the
measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is
based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company has recorded a 100% valuation allowance
against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when
necessary to reduce deferred tax assets to the amount expected to be realized.
Concentration of Credit Risk
Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and trade
receivables. The Company places its cash with high credit quality financial institutions. At times such cash may be in
excess of the FDIC limit. With respect to trade receivables, the Company routinely assesses the financial strength of its
customers and, as a consequence, believes that the receivable credit risk exposure is limited.
Fair Value Measurements
As defined in ASC 820 “Fair Value Measurements”, fair value is the price that would be received to sell an asset or paid
to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The
Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique.
These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair
value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the
inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets
for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy defined by ASC 820 are as follows:
Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active
markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide
pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded
derivatives, marketable securities and listed equities.
Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or
indirectly observable as of the reported date. Level 2 includes those financial instruments that are valued using models
or other valuation methodologies. These models are primarily industry standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual
prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data
or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category
generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.
Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs
may be used with developed methodologies that result in management’s best estimate of fair value.
Related parties
A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal
owners of the Company, its management, members of the immediate families of principal owners of the Company and
its management and other parties with which the Company may deal if one party controls or can significantly influence
the management or operating policies of the other to an extent that one of the transacting parties might be prevented
from fully pursuing its own separate interests. A party which can significantly influence the management or operating
policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly
influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its
own separate interests is also a related party.
NOTE 3 - GOING CONCERN
The accompanying financialstatements have been prepared on a going concern basis, which contemplatesthe realization
of assets and satisfaction of liabilities in the normal course of business. Since inception, the Company has incurred
losses and generated negative cash flow from operations. These factors, among others, raise substantial doubt about the
Company’s ability to continue as a going concern for a reasonable period of time.
If necessary, the Company will pursue additional equity and/or debt financing while managing cash flows from operations in an effort to provide funds to meet its obligations on a timely basis and to sup- port future business development.
The financial statements do not contain any adjustments to reflect the possible future effects on the classification.
NOTE 4 — GOODWILL AND OTHER ASSETS
On November 20, 2018, the Company sold 13,000,000 shares of its restricted common stock to two individuals for
$.00769 per share resulting in total proceeds of $100,000.00 (USD). The payment was deferred for a period of one-year
and a Stock Subscription Receivable account was established to record the amount owed to the Company.
The Company recorded assets when its business was named Evolution Fuels, Inc., during which it operated within the
automotive industry. During the fiscal year ending 2013, the Company recorded Goodwill and Other Assets in the
amount $118,000 and recorded the transaction as a contribution to additional-paid-in-capital. These assets have not been
amortized or depreciated, respectively, and the
Company has elected to write-off the full value of these assets valued at $118,000, which as a result have been removed
from their financial statements.
NOTE 5 - PROMISSORY NOTES
As of March 31, 2020, the Company has five convertible promissory notes payable in the total amount of $358,000. On
December 31, 2016, three convertible notes were created based on the accruals for officer fees and professional services,
which will accrue and increase at a rate of $25,000 per quarter. The quarterly breakdown of the accruals is as follows:
CEO Tan, $10,000; CFO Wei, $7,500; accounting and legal functions to a service provider for $7,500, all accrued per
quarter, a note for which is created on an annual basis. The holders of all of the Company’s convertible notes can elect
to convert the amounts due thereunder to common stock equity at the conversion rate of $.001 per share. These notes
are non-interest bearing and assignable to bona fide purchasers. Co-CEO Tan Yuen Hing certifies that Timo Strattner
held a convertible promissory note valued at $5,000 issued 25 April 2018 for invoice paid for the company and additional note issued on 1st July, 2019 for $3,000 for invoice paid for the company.
NOTE 6 — ACCRUED LIABILITIES and RELATED PARTY ADVANCES
During the three-month period ending March 31, 2020, additional accrued liabilities and related party advances were
incurred by the Company. The balance of $25,000 was related to liabilities and advances made from a related party for
general and administrative expenses incurred during the first quarter.
NOTE 7 — PREFERRED STOCK
The Company has a super-voting Series A preferred stock that is convertible into common stock one year after issuance
up to five years after issuance at the option of the holder, at a conversion price of the market price of the Company’s
common stock at the time of conversion. The holders of the series A preferred stock vote of 1,000 votes for every share
held. The face value of the series A preferred stock is $.001 per share. As of September 30, 2019, 141,000 shares of
Series A preferred stock are issued and outstanding.
The Company has authorized 2.000,000 Series B convertible preferred shares (par value $0.001 per share) which is
redeemable six months after issuance in cash at a face value of $1.00 per share or if the proceeds from the Series B
convertible preferred shares was used to purchase an asset, at the Company’s option the asset can be used to redeem the
shares. No Shares of the Series B convertible shares have been issued as of this date.
NOTE 8 – COMMON STOCK
During the quarter ended March 31, 2020 the Company issued a total of 15,000,000 shares.
On January 14, 2020 the Company issued 7,500,000 shares to Timo Bernd Strattner from the conversion for a convertible note dated April 25, 2018. On January 9, 2020 the Company issued 7,500,000 shares to 7350341Canada Inc. based
on the conversion of a convertible note from December 31, 2016, between Strattner Financial Group Corp., formerly
SC Holdings Corp., and ADR Financial Services Corporation.
During the quarter ended December 31, 2019, the Company issued 10,000,000 restricted shares of common stock for
consulting services to Gemberry Investment Holdings Group dated 4 October, 2019.
During the quarter ended September 30, 2019, the Company issued no shares of common stock.
During the quarter ended June 30, 2019, the Company issued no shares of common stock.
During the quarter ended March 31, 2019, the Company issued no shares of common stock.
During the quarter ended December, 31, 2018, the Company issued 13,000,000 shares of restricted common stock in
connection with two stock subscription agreements, both of which were dated November 20, 2018 for $.00769 per share
each. Mr. Yee Wing Ng was issued 6,500,000 restricted common stock shares for a total subscription price of $50,000
and Mr. Bun Wai Ng was also issued 6,500,000 restricted common stock shares for a total subscription price of $50,000
resulting in total proceeds to the Company of $100,000.00 (USD).
During the quarter ended September 30, 2018, the Company issued no shares of common stock.
During the quarter ended June 30, 2018, the Company issued no shares of common stock.
During the quarter ended June 30, 2019, the Company issued no shares of common stock.
During the quarter ended December, 31, 2017, the Company issued no shares of common stock.
During the quarter ended September 30, 2017, the Company issued no shares of common stock.
During the quarter ended June 30, 2017, the Company issued no shares of common stock.
During the quarter ended March 31, 2017, the Company issued no shares of common stock.
During the quarter ended December, 31, 2016, the Company issued no shares of common stock.
NOTE 9 - INCOME TAX
The Company uses the liability method, where deferred tax assets and liabilities are determined based on the expected
future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial
and income tax reporting purposes.
During the period ending March 31, 2020, the Company incurred a net loss, and, therefore, had no tax liability. The net
deferred asset generated by the loss carry-forward has been fully reserved. The cumulative net operating loss carry
forward is approximately $10,221,593 as of March 31, 2020 and will expire in years 2021 through 2035.
Deferred tax assets consist of the tax effect of NOL carry-forwards. The Company has provided a full valuation allowance on the deferred tax assets because of the uncertainty regarding its reliability. The effective tax rate is 34%. For the
periods ending December 31, 2018 and December 31, 2017.
NOTE 10 - COMMITMENTS AND CONTINGENCIES - NONE NOTE 11 - SUBSEQUENT EVENTS –
NONE
ITEM 6. ISSUER’S BUSINESS, PRODUCTS, AND SERVICES
Business Operations
The core business of the Company is TBS Capital Management LLC, a New York based Exempt Reporting investment
adviser, CRD# 304817/SEC#: 802-117143, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the
UK and TBS Equities Fund LLC in the US. Through these entities we manage multiple alternative asset classes including loans, convertibles, credit and equity linked investments and commercial interests. Through our investment activities
we acquire companies across a broad spectrum of industries with strong growth indicators. We have the capability to
address a broad variety of transaction types:
• Buyout and Control Investments
• Direct Equity/Debt
• Investment
• Special Situations
• Activist Situations
• Liquidation Opportunities
• Corporate Divestitures/Carve-outs
• Recapitalizations
• Distressed/Turnarounds
In implementing a structure for a particular business acquisition, the Company may become a party to a merger, consolidation, reorganization, joint venture, or licensing agreement with another corporation or entity.
It is anticipated that any securities issued in any such business combination would be issued in reliance upon exemption
from registration under applicable federal and state securities laws. In some circumstances, how- ever, as a negotiated
element of its transaction, the Company may agree to register all or a part of such securities immediately after the
transaction is consummated or at specified times thereafter. If such registration occurs, it will be undertaken by the
surviving entity after the Company has entered into an agreement for a business combination or has consummated a
business combination. The issuance of additional securities and their potential sale into any trading market which may
develop in the Company's securities may depress the market value of the Company's securities in the future if such a
market develops, of which there is no assurance.
Date and State of Incorporation
The Issuer’s Date of incorporation: July 15, 2002, State of incorporation: Nevada, change of domicile to Del- aware on
September 21,2005, change of domicile to Colorado on October 18, 2012.
Primary and Secondary SIC Codes Primary SIC Code: 6282
Issuers Fiscal Year End Date
The Issuer’s fiscal year end is December 31.
Principal Products or Services, and Their Markets
As a business development stage company, the Issuer does not yet produce its intended products. The Company various
oil and gas properties and opportunities with a focus on developing such opportunities utilizing new technologies for
optimizing under developed properties.
.
Distribution methods of the products or services
As a business development stage company, the Issuer does not yet produce its intended products. The Company invests
in various oil and gas properties and opportunities with a focus on developing such opportunities utilizing new technologies for optimizing under developed properties.
Competitive business conditions, the Issuer’s competitive position in the industry, and methods of competition;
As a business development stage company, the Issuer does not yet produce its intended products. The Company intends
to acquire intellectual property and capability to provide cloud-based applications and advanced biomass energy solutions.
ITEM 7. ISSUER’S FACILITIES
Currently, the Company shares space at the address noted above and is not charged rent for their occupation of the
premises.
ITEM 8. OFFICERS, DIRECTORS, AND CONTROL PERSONS
A. Officers and Directors
Timo Bernd Strattner
Chief Executive Officer, Director
(1) Beginning in the 4th Quarter of 2016, the Company has been accruing Mr. Tan’s officer fee at a rate of
$10,00 per quarter. Mr. Tan has no direct ownership in the Company’s equity shares.
(2) Beginning in the 4th Quarter of 2016, the Company has been accruing Mr. Wei’s officer fee at a rate of
$7,500 per quarter. Mr. Wei owns 10,000,000 shares of the Company’s common stock. Mr. Pun has no direct
ownership in the Company’s equity shares.
B. Involvement in Certain Legal Proceedings
None of the officers, directors, promoters or control persons of the Issuer have been involved in the past five
(5) years in any of the following:
(1) A conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding (excluding
traffic violations and minor offenses);
(2) The entry of an order, judgment, or decree, not subsequently reverse, suspended or vacated, by a court of
competent jurisdiction that permanently or temporarily enjoined, barred, suspended or otherwise limited
such person’s involvement in any type of business, securities, commodities or bank activities;
(3) A finding or judgment by a court of competent jurisdiction (in a civil action), the Securities and Exchange
Commission, the Commodity Futures Trading Commission, or a state securities regulator of a violation of
federal or state securities or commodities law, which finding or judgment has not been reversed, suspended,
or vacated; or
(4) The entry of an order by a self-regulatory organization that permanently or temporarily barred suspended or
otherwise limited such person’s involvement in any type of business or securities activities.
Shareholder Update
Press Release | 05/28/2020
https://www.otcmarkets.com/stock/SCNG/news/Shareholder-Update?id=263260
Dear Shareholders,
I again extend my best wishes to our shareholders, stakeholders, affiliates, partners, and their families, and I hope that you are all well and healthy at this time.
I would like to provide additional updates about Strattner Financial Group ("SFG"), our plans, and recent developments.
As previously disclosed, the core business of SFG currently is TBS CapitalManagementLLC, and the private funds TBS Capital LP in the UK, Strattner Capital LP in the UK, and TBS Equities Fund LLC in the US.
On March 31, 2020, we announced that TBS Equities Fund had signed an agreement with AdvanceTC Limited, a for-profit company limited by shares, incorporated and domiciled in Australia. Pursuant to our agreement with AdvanceTC, TBS Equities Fund committed to purchasing up to 28,000,000 shares of AdvanceTC common free trading shares at a discount to market. AdvanceTC shares are currently trading on the National Stock Exchange of Australia (symbol: A88) and have recently been listed on the OTC Markets as a foreign symbol ATCLF. TBS Equities Fund has held 2,000,000 shares since early 2019, and our management felt that the acquisition of additional shares at a discount to the market price fits in our global equities portfolio strategy.
On April 29, 2020, we announced that SFG had signed an agreement to acquire Always ON Incorporated., a New York based corporation. Always On has been working on closing the digital broadband, point-to-point telecommunications and specialized computer networking projects. Pursuant to our agreement with Always On, SFG agreed to issue 5,000,000 shares of our common stock to Always On founder David Blunk, which will be reflected in our coming quarterly statement. Mr. Blunk also joined our Executive Board as SFGs Chief Technical Officer.
Under Davids leadership, SFG recently launched Strattner Technologies LLC, and will build a developer and commercialization platform. Theplatform should integrate standards that enable developers todevelopsoftware applications based on market demands and will allow our corporate team to commercialze.
SFG and Strattner Technologies have been in negotiations with satellite network operators, but as of the date of this letter, we had no definitive agreements and had not agreed to any terms.
Management believes that through Always On and Strattner Technologies, together with our relationship with AdvanceTC, SFG will have the opportunity to achieve synergies by working with a satellite network operator and combining the technologies of Always On, AdvanceTC, and Strattner Technologies. We will continue to provide updates as these negotiations continue.
Additional Officers and Employees
On April 8, 2020, we announced that we had appointed new officers of SFG. We welcomed Dr. Chin Yung Kong (Co-CEO overseeing Asian Markets), Enrique Vargas (Chief Marketing Officer), Joseph Cordi (Chief Sales Officer and institutional client relations), and Micahel Temo (Chief Operations and Development Officer Sports, Nutrition & Lifestyle commercialization).
We also recently employed four new employees: a CPA, an Analyst, an Executive Assistant, and a virtual assistant.
We believe that each of these individuals brings strong leadership, experience, and opportunities to SFG.
Dr. Chin, for example, is the majority owner and CEO of several international entities, mainly located in the far East (including Hong Kong, Malaysia, and China), including QMIS World Trade International. On March 23, 2020, we announced that SFG had signed a partnership agreement with QMIS World Trade International, a wholesale and procurement management company based in Malaysia. Both parties entered into this partnership agreement to procure various Novel Coronavirus COVID-19 Test Kits that are available for sale through QMIS World Trades manufacturing and distribution partners.
The partnership with QMIS World Trade happened because of my working relationship with Dr. Chin. In addition to serving as SFGs Chief Executive Officer, I also serve as the Chief Financial Officer of QMIS TBS Capital Group Corp., a recently formed Delaware corporation. Dr. Chin is the CEO of that company. Through my association with Dr. Chin, I learned of his procurement, sourcing and wholesaling business in Malaysia. (I also learned that Dr. Chin made a personal donation of 100,000 face masks to the Malaysian government.)
A best efforts sales agreement was signed between SCNG, QMIS World Trade International and a distribution company that is the Chinese based distributor for the COVID-19 testing kits of a reputable Pharma company. In this agreement, SFG and QMIS World Trade are the joint sales agent for their product which at the time received US FDA approval. We dont mention the name of the Pharma Company since no purchase orders materialized.
As of the date of this letter, the shipments and distribution of the COVID-19 testing kits have not yet materialized due to complexities in global freight forwarding. SFGs management has reviewed the agreement and has had conversations with the Chinese distributor, who confirmed that the agreement is still effective. We anticipate that QMIS World Trade will remain a long-term partner and will continue to provide sourcing and procurement services to SFG and its subsidiaries.
KAVA Industries
On March 17, 2020, SFG announced that we had signed a Joint Venture agreement with the Fijian-based Kava Industries relating to the Kava Brothers project. SFG and the Kava Industries agreed to form a partnership to finance the purchase of up to 50 tonnes of Fijian Kava at a competitive cost. Kava Industries agreed to reinvest the majority of the proceeds to acquire up to 100 tonnes of Fijian Kava per year for five years. The primary use of kava is reducing stress and anxiety.
Subsequently, we have decided to build a brand around the KAVA Industries joint venture and to export high quality Fijian Kava to the USA. Bringing these products into the United States requires product laboratory testing and various approvals. I have had great conversations with the local farmers in Fiji who found themselves in a position where the price for Fijian Kava increased due to natural weather phenomena. SFG is working to secure contracts to acquire their Kava root at a competitive price and will be managing this business as a portfolio company with the vision to complete the Kava project as well as possible future expansion into other agriculture projects.
Promissory Notes
Finally, for the sake of full disclosure, and as disclosed in our public filings, I hold two promissory notes which were issued on April 25, 2018, in the amount of $5,000, and on July 1, 2019, in the amount of $3,000. In January 2020, I submitted a conversion notice to effect a partial conversion of the April 25, 2018, note, converting $750 of that note into 7,500,000 shares. As of the date of this letter, it is my intention to sell shares equal to one percent (1%) of SFGs total outstanding common stock. As of the date of this letter, SFG had 112,927,757 shares outstanding, and one percent would be 1,129,277 shares.
IR Contact
Strattner Financial Group
admin@strattnercapital.com
+1 (917) 210-1062
Forward Looking Statements
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein.
Will Activation happen 6/22?
NTRR heading for pennies! I'm Bagged and Long at 48. Will breath better once we get back to the 5s and beyond. All the flippers are slowing the skyrocketing progression. When positive financials come out, NTRR is heading to the moon!
When will 8k 10k come out?
Bought in at 48, and waiting for 7s. When are investors going to stop playing with this stock and buy to hold long? IMO NTRR has a profitable future!
$LRDG Lord Global Corporation CEO details the company’s vision for its significant revenue and earnings growth for 2020 beyond
on June 5, 2020
News
and Tags: Lord Global Corporation, Lord Global Corporation News, LRDG, LRDG News
with 0 comments
NEW YORK, June 05, 2020 (GLOBE NEWSWIRE) -- The following is a letter to shareholders from Lord Global Corporation’s (OTC: LRDG) CEO:
Dear fellow shareholders, I would like to take this opportunity to update all shareholders on our vision for Lord Global Corporation. The company intends to focus on the business development of its 27Health Inc. subsidiary. 27Health Inc. is dedicated to financing and marketing innovative, healthcare related products that are and will benefit from the permanent changes caused by the COVID-19 pandemic. It is our feeling that this crisis has accelerated the market share of direct to consumer healthcare products and services. Prior to the crisis, the direct to consumer cloud based market was among the fastest growing, subsequent to this crisis, we believe that 10 years worth of market share has been condensed into several months. Hence, we have signed collaboration and distribution agreements with several companies.
We have signed a marketing and distribution agreement with Coviguard Corp. for the sale of its unique, patent pending, oral spray and mouthwash. Studies of the individual components of this product line has been proven to nearly eliminate the CO-SAR2 (COVID-19) viral load in the mouth. We believe that the market size for this product line could well be in excess of hundreds of millions of dollars. We have begun discussions with several different marketing channels for this product line and have received enthusiastic response. It is possible that this product line could represent sales in excess of $15 million in the first 12 months of launch. We have identified our outsource production supplier and feel that we can have products in the market place within 60 days. The company believes that this product will be our signature product over the next 12 months. In order for the economy to successfully reopen, consumers of every product and service are going to need to know that the places they are visiting will be virus free. Carrying the Covi-guard™ line of products, at work or when traveling, will definitely make the consumer feel safer from this virus.
We have signed a distribution agreement with Conversion Labs Inc. to distribute their Disaster Pack. This product, which was designed well before the crisis, focuses on the use of telemedicine and telepharmacy to allow families to have a series of pharmaceutical products that could be useful in either a flu pandemic or a nuclear disaster. We feel that the average American will want to be protected against future flu invasions and this disaster pack will prove very protective.
We have signed a licensing agreement with Dais Inc. to market a patented nano material, liquid plastic, to help these organizations. Our product, Virus Destructor, has been proven to eliminate 99.9999% of all viruses, bacteria and fungi including (CO-SAR2) family of viruses, even after five days of application. Imagine being able to spray a restaurant table, and in 15 seconds have it turn into a liquid film that enables you to wash it, and yet still allow any virus to be eliminated after multiple uses. Also imagine taking an ordinary mask, and spraying it with this liquid plastic, this mask would be the only mask on the market that could eliminate the virus. Recently, the airlines and several major states are requiring people to wear masks. The present masks do not protect the individual from the virus. A mask sprayed with Virus Destructor can be used many times, and protect that individual from the virus. Imagine spraying buses, subways, airplanes with this product, the economy will be able to get back to normal much more rapidly. We expect that this product will be a very large component of our future sales.
We are also marketing products in the medical service sector that will benefit from the changes occurring due to the crisis. The first one is, the only 100% dedicated platform that allows a physical therapist to deliver their services from their home directly to the patients home. Medicare and Medicaid as well as all insurances are now allowing tele-physical therapy to be reimbursed for the first time. In addition, the Trump administration has eliminated all interstate licensing requirements for physical therapists, as well as doctors and nurses. We believe that these changes will be permanent and create a large market for a platform that helps the physical therapist to deliver their services during and post the COVID-19 crisis. There are over 200,000 physical therapists in the U.S. At $4.99 a session, this platform should generate significant revenue for the company. The deal we struck with eWellness Inc., the pioneer of the platform, enables us to receive 25% of their revenue in addition to a substantial marketing fee.
We signed a collaboration agreement to market Quad M Solutions Inc. staffing solution for Independent Contractors and GIG-economy workers. This unique solution allows the Independent Contractor and the GIG-worker to join their staffing company as individuals. Quad M Solutions Inc. then staffs this individual back to their own corporation. The benefit of this to the individual is the ability to get group major medical insurance rates, that are tax free to the individual, but tax deductible to their own corporation as a business expense. The cost savings of providing this medical insurance could range in excess of 40%. We are helping Quad M Solutions Inc. migrate the over 70,000 co-employees of Infiniti HR Inc. This service will begin to generate substantial revenues to the company over the next two quarters.
We believe that focusing on independent contractors and GIG-economy workers for all these products and services will help us in cross-selling each of these products and services to the same database. The Independent contractor and GIG-economy worker has been and is the fastest growing component of the U.S. labor supply and is estimated to be at least 60 million people. The pandemic is teaching individuals forced to work from their home to become adept at telecommuting. We believe coming out of this crisis, a large number of these individuals will prefer to work from their phones and computers then from any location as opposed to a fixed office. This will hyperaccelerate the already significant growth of this component of the U.S. labor supply. We believe that marketing health related products and services to this market will make us one of the fastest growing healthcare marketing companies.
In conclusion, we are extremely excited about 27Health Inc.’s sales and earnings growth over the next several years. We encourage you to contact us and ride along with us as shareholders.
Sincerely, Joseph Frontiere
CEO of Lord Global Corporation and 27Health Inc.
Safe Harbor Statement
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. For example, statements about future revenues and the Company’s ability to fund its operations and contractual obligations are forward looking and subject to risks. Several important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the inability to raise capital to support the Company through its growth stage, the Company’s inability to generate projected sales and trade relations between the United States. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
27 Health, Inc. PR Contact Information
Sean Carter
Contact information
info@27health.com
Can’t sell massive dump-fest forever! Right! 7 is heaven!
NTRR needs pos. financials and valuation news!
OTCX GTSM NITE ETRF CSTI Bidding NTRR into 2 land, and Asking for low 3s at the same time. Are they keeping NTRR in this downward trend?
DOWN NTRR GOES. All this talk about a filling the 2 gap. Here it is. Loading to average down. Going LONG!
The major markets are up today, but NTRR is struggling to gain momentum. I don't get the resistance here. People are toying with this stock like in a GAME. So Sad to drive this stock down for fun.
I was a triple zero, but got freaked out and sold for a great profit. I bought more back in the 5s and a am holding and buying at the bottom to average down to cover losses. When this baby jumps again. I gotta sell to skip the dip. Getting hit in the taxes makes it not worth it but I'm also broke and need a hand up.
NTRR is ready to POP!
NEWS IS OUT!!!
Neutra Issues Clarification on Hemp-Handling License
10:26 am ET June 5, 2020 (Accesswire) Print
SUGAR LAND, TX / ACCESSWIRE / June 5, 2020 / Neutra Corp. (OTC PINK:NTRR) wishes to clarify a recent press release regarding its Texas Department of Agriculture hemp-handling license. Neutra and its wholly-owned subsidiary, VIVIS, legally produce and manufacture hemp-based products under this license at Neutra's recently opened production facility in Houston. The company does not currently cultivate its own hemp. Instead, it obtains high-quality biomass from licensed outside sources. Neutra intends to eventually grow its own hemp, which would make the company vertically integrated for every step in the process, but it does not do so at present.
About Neutra Corp.
Neutra Corp. (NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture-one where in which consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical sub-markets is the new thriving hemp-based CBD market, in which the Company intends to participate. For more information, visit the Company's website at https://neutrainc.com
NOTICE REGARDING FORWARD LOOKING STATEMENT
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.
Neutra Contact:
Sydney Jim888-433-4033info@neutrainc.com
SOURCE: Neutra Corp.
View source version on accesswire.com: https://www.accesswire.com/592884/Neutra-Issues-Clarification-on-Hemp-Handling-License
Got to get back above 5 levels and beyond
I bought in at 49. A strong bounce back would be awesome right now!
The market is booming today over jobs numbers. IMO NTRR is a great time to build from the momentum. Long for dollars.
IMO Investors will pull back today. Taking a breaking from the amazing 4-day rally and collecting profits. Best to buy tomorrow.
Neutra Corp. (NTRR) has HUGE!!! upward momentum potential. I go long on NTRR. The long game is the real winner here. Riding the daily wave would fill the gap, and rake in some modest returns, but the gap doesn't need to be filled. We all want Neutra Corp. (NTRR) to become a BOOMING and PROFITABLE business, so BUY and HOLD!IMO this is a DOLLARS!!! POSITION, and people who sell off for pennies will miss the boat FOREVER! Neutra Corp. (NTRR) stopped the RS for help shareholders. NTRR should SPLIT SHARES 1:10,000 to further support shareholders and increase Maket CAP. It's up to you all to make this a real WINNER!