ZhongMin Mei-Hao Holding Co Ltd (ZMMH)

[Potse]

BLLZ(.025)...increased my position.....

Picked up a bunch more shares at 2 cents this morning, based on the apparent reverse merger that is taking place here. The June 17 press release on the BLLZ website went largely unnoticed, so I figured it might be a good idea to increase my position before the new CEO/company releases any official press release or makes a filing.

Definitely high-risk without knowing for sure what the final share structure will look like, or the financials of the RM target. But the BLLZ-related debt is being completely eliminated along with divesting the current business/operations. Since the Welch's control 90+% of the shares, the most ideal scenario here would be if the Welch family sold most (if not all) of their shares to the incoming RM company. I'm hoping and crossing my fingers that is what has happened here. That would leave a reasonably attractive share structure and leave potentially nice upside for the retail shareholders. Should be interesting to see how this plays out.

Bullzi Holdings, Inc. Acquires Eye-Point Technology and
Introduces a Management Change

Southport, North Carolina, July 17, 2018 – Bullzi Holdings, Inc. (BLLZ) acquires Eye-Point Technology Sdn Bhd (Eye-Point) and announces a Management Change. Thomas Welch, President and CEO of Bullzi Holdings, Inc. stated, “Bullzi Holdings is pleased to
announce the purchase of Eye-Point, a creative, First-Of-Its-Kind concept store, providing business opportunity, business collaboration, and membership & reward program, by bringing
in latest optical products, complimented by a mini café. Eye-Point opened its first store in 2015 in Kuala Lumpur and with strong financial support, plans to open about 10, 20 and 30 stores by
end of 2018, 2019 and 2020 respectively.”

Mr. Welch went on to say, “As part of this acquisition, a new Management team has been brought in to run and expand the Company. As such, I have resigned from the Board, as well as my role as President and CEO of the Company. In order to leave the Company in the best financial position as possible, Bullzi Security was sold off for the current debt on the books. This will allow Bullzi Holdings to benefit from the growth of Eye-Point, as well as any other companies that may be acquired, without the burden of financial constraints.”

Mr. Welch closed by saying, “The new Management Team will be issuing a more detailed Press Release regarding the new acquisition and company funding, as well as the new names and roles of the Executive Management Team.”

http://bullziholdings.com/press_releases/Bullzi%20Holdings%202018%20Acquisition.pdf