Phoenix Rising Companies Inc (PRCX)

[10x wannabe]

Was DS Chang a board member at Wandi?

See my link below and it seems DS is now removed as a board member at Wandi at some point recent. Did we even know he was a board member prior? If so, that means he knows EXACTLY any lein/ restriction issues at Wandi before the purchase was made so he must be pretty sure it would still close otherwise he wouldn't have gone into the deal.

My guess of this move... He was on the board at Wandi and, of course, CEO and principal at prcx so to keep it as a arms length agreement for Wandi acquisition he gets his law firm buddies from Cyprus that he uses at SGCI added to the board then removes himself so voila no arm-arm agreement issue.

Does that make sense? Any other insight from folks who are a little bit more experienced in this area would be appreciated.


https://opencorporates.com/companies/cy/HE385760