Monday, August 14, 2017 4:47:29 PM
TXHE 06/30/17 quarter report Published: aug 14, 2017
>AS 4.5Bill
>OS 3.1Bill
>On July 1, 2017 the Company entered into a term sheet with Aran
ga Rahim (“Aranga”), an individual and
FashionBureau Ltd. (“FB”), of the United Kingdom setting forth
terms and conditions relating to a proposed joint
venture for the establishment of a full outsourcing digital mar
keting entity primarily to energize startup and early
stage New Era Companies.
>On July 13, 2017, the Company entered into an agreement with Geronimo Limitada, a Macau established company, to acquire fifteen (15) shares of LeCrown Holdings Limited (“LeCrown”), a Hong Kong based Italian shoe company, in exchange for the issuance of a Convertible
Promissory note in the principal amount of $105,000. The note carries no interest and maturing on the ear
lier of October 25, 2020 or one (1) year prior to an initial public offering of LeCrown securities in Hong Kong. Th
is transaction contemplates the emergence of the
Company into the fashion industry.
https://www.otcmarkets.com/financialReportViewer?symbol=TXHE&id=177326
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