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Re: edesheim post# 184

Monday, 04/19/2021 2:13:30 PM

Monday, April 19, 2021 2:13:30 PM

Post# of 321
edesheim...Cheung Ho Shun's $750K investment......


On September 11, 2020 Platinum sold 152,284 ordinary shares to an investor for $750,000 cash.



That $750K investment was made by Cheung Ho Shun while the company was still a privately-held corporation (he purchased 1.5% of Platinum pre-RM). You can find that info by piecing together some information from the main part of the January 14 8-K along with the Exhibit 2.1 from that same filing. The exhibit indirectly reveals the investor's name and the number of shares he would receive in the share exchange when the reverse merger took place (see image below). Adjusted for the reverse merger exchange it works out to 1.755M shares of YBGJ at around 43 cents per share......

2) Kind of interesting to note that on September 11, 2020, shortly before Lina Liu purchased control of the MAGAA shell, an individual investor (Cheung Ho Shun) made a pretty large investment in Platinum International Biotech (he purchased 1.5% of the company). Post reverse merger, his $750K investment equals 1,755,000 shares of YBGJ with a cost basis a little under 43 cents per share.



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