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Thursday, November 16, 2017 1:17:04 PM
4.6 Change in Control. On September 5, 2017, pursuant to our Stock Purchase Agreement, we entered into a stock sale and business development transaction with Harry Orfanos; whereby, Mr. Orfanos would acquire control of the Company by Mr. Townsend issuance to him of 35,000,000 shares of our Preferred Stock (“Control Stock”).
As the result of this transaction, a change in our control will occur pending successful execution of our Agreement. Our sole officer and director resigned after appointing Mr. Orfanos as our Chairman of the Board, President, and Chief Executive Officer. The consideration for the Preferred Stock is $75,000.
Harry Orfanos then signs quarterly report as acting CEO.
Is Harry Orfanos still running company?
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