Thursday, August 16, 2018 2:55:42 PM
NOTE 10 – SUBSEQUENT EVENTS
Management has evaluated subsequent events pursuant to the requirements of ASC
Topic 855 and has determined that no material subsequent events exist expect for:
(1) The company has announced a Tender Offer to acquire up to 2,000,000,000 of its
company common shares at price of $0.0001 to $0.01 per share. The offer was to
expire on June 30, 2017. The company has extended the offer until December 31,
2018. The company is evaluating other ways to increase shareholder value. The
company has received, as of June 30,2018, a total of 28,033,400 common shares at
prices between $0.0001 and $0.01. It has also received a total redemption of
650,000,000 previously issued common shares, to reduce the amount of shares
outstanding. The shares have not been adjusted to the issued shares until the tender
offer is completed.
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