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Tuesday, 11/25/2014 9:02:11 AM

Tuesday, November 25, 2014 9:02:11 AM

Post# of 26
Section 5 -Corporate Governance and Management
Item 5.01 Changes in Control of Registrant.

On October 28, 2014, Paramount Capital Inc, (Seller) a company organized under the laws of Switzerland, entered into a Securities Purchase Agreement with Platinum Capital Inc. Limited (Purchaser), a company organized under the laws of Hong Kong.

Under the terms of the Agreement, Paramount Capital Inc, the holder of 3,665,000 shares of the Company's restricted, $.001 par value common stock, which represents 40.16% of the Company's issued and outstanding common stock, will sell to Platinum Capital Inc Limited, its 3,665,000 shares of the Company's $.001 par value common stock.

Upon the completion of the sale, Seller will no longer be a holder of any of the Company's $.001 par value common stock and have no further interest in the Company. Furthermore, upon completion of the sale, Purchaser will now own a total of 3,665,000 shares of the Company's $.001 par value common stock representing 40.16% control of the Company.

Platinum Capital Inc. Limited used its working capital to purchase the 3,665,000 shares of the Company's $.001 par value common stock from Paramount Capital Inc. for a total consideration of $5,000.00.

There were no arrangements or understandings between members of either the Seller or Purchaser or any of their associates with respect to the election of directors or other matters.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10309844

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