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Re: ZipCash post# 274993

Thursday, 04/27/2017 11:52:23 AM

Thursday, April 27, 2017 11:52:23 AM

Post# of 302221
MLGT 8-K CHINA RM>24mill Float: 3 Silicon Valley-types>now>at>helm>of>China>SnapChat> clone>*****24mill Float.

MLGT: Hi end Aussie tech investors part owners. Trades on ASX: PAC.

The founder of Shenzhen Zhuomeng Chuangxiang Technology Co., Ltd. is
Ming Lu Zhong.

Most of his relationship links are to Northern Lights Capital.
Relationships Link:
https://relationshipscience.com/ming-lu-zhong-p181333806

Northern Lights Capital is now Pacific Current Group. This company trades on the Aussie Stock Exchange (ASX: PAC).
Link:
http://paccurrent.com/

In December, 2016 Northern Lights (Now absorbed into Pacific Current Group), gave a funding round of $1.2M dollars to Impingo.me..........the SnapChat clone website owned by Shenzhen Zhuomeng Chuangxiang Technology Co., Ltd. I believe Impingo has also received investing rounds from other angel investors that are now alos part owners.
Link:
https://www.techinasia.com/companies/impingome

Shortly thereafter, MLGT merged with Shenzhen Zhuomeng Chuangxiang Technology Co., Ltd.

NOTE: Based on my DD, it appears that the new MLGT owners are backed by and PARTIALLY OWNED by a top tier Aussie high tech angel investing firm with a track record of investing in high end tech growth companies.


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MLGT is now a hot Asian social media play.

Management are all top tier tech players.

These young guys know what they are doing. The fact that they are now running a company trading in the American stock market is a feather in their cap and an impetus to crank up the volume.

Incredible turn of events for MLGT

From 4/5/17 8-K:
Upon closing, the following person are appointed as our directors and officers effective on March 31, 2017:

Jiyin Li, Age:30, Position:Chairman

Huibin Su. Age:37 Position: Director, Chief Executive Officer and Chief Financial Officer

Zizhong Huang, Age; 28 Position: Chief Operating Officer

Mr. Li, age 30, has served as the Chairman of Shenzhen Chuangxiang Network Technology Co., Ltd, a company that engages in the development of mobile and internet software products. From August 2015 to June 2016, he was also the CEO of Shenzhen Chuangxiang Network Technology Co. Ltd. From October 2012 to June 2015, he served as the Deputy General Manager of Shenzhen E-Life Technology Co., Ltd., a technology company that develops mobile applications and online games. Mr. Li obtained his Bachelor of Art in business management from Huanghe Science &Technology College.

Mr. Li does not have any family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

Mr. Su, age 37, has served as the CEO and CFO of Shenzhen Chuangxiang Network Technology Co., Ltd since June 2016. From January 2015 to May 2016, he served as the CFO of Guangzhou Honghuayuan Investments Limited, an investment company that specializes in real estate related investments and fund management. From January 2012 to February 2014, he served as the CFO of Guangzhou Wancai Group Limited, a real estate and tourism development company. From August 2002 to December 2011, he served as the Finance Supervisor of Guangzhou Pharmaceutical Holdings Limited, a pharmaceutical wholesaler and distribution company. Mr. Su obtained his Master Degree in Business Administration from Sun Yat-Sen University.

Mr. Su does not have any family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

Mr. Huang, age 28, has served as the COO of Shenzhen Chuangxiang Network Technology Co., Ltd since July 2016. From January 2015 to June 2016, Mr. Li was the co-founder and COO of Dongguan Houhai Asset Management Co., Ltd., an investment company that specializes in equity investments and private fund management. From July 2012 to December 2014, he served as the business manager of Dongguan Rural Commercial Bank. Mr. Huang obtained his Bachelor in business administration from South China Agricultural University.

Mr. Huang does not have any family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

NOTE: These talented young guys have the backing and full support, including major financial backing of the Aussie tech investment powerhouse Pacific Current Group (ASX:PAC), via their subsidiary, Northern Lights.
Link:
Pacific Current Group | Global Multi-Boutique Manager

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