Hong Kong Winalite Group, Inc. (fka HKWO)

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That release was from June 26, 2006. The 10-QSB on 11/14/2006 states the following:

On June 26, 2006, the Company issued a press release announcing it had entered into a non-binding letter of intent to acquire a private company. The potential acquisition was subject to certain conditions precedent and no assurance was given that the acquisition would be completed. If completed, it
would have involved a change of management and shareholder control along with other matters. The letter of intent was terminated by mutual consent on October 6, 2006.