Panamera Holdings Corp. (PHCI)

[Big Brother]

SCHEDULE 13D filing out, a/s increase, and minor name change

https://www.otcmarkets.com/filing/html?id=15034399&guid=gMiUkH08gRDHAth

Item 4. Purpose of Transaction

The transaction was entered into for investment purposes and to provide capital to the company with the intent to assert control and to bring investment banking and mergers and acquisition experience to facilitate the growth of the company. Our intent is to increase shareholder value by pursuing opportunities including but not limited to the environmental services industry, emerging innovative technologies and personal health opportunities.

Mr. Jennings was appointed to the board of directors by unanimous consent of the previous board in addition to the appointment to the board of Stanley F. Wilson and Christopher N Barakat. Mr. Jennings was elected Chairman of the board of directors and appointed CEO and President by the current board. Mr. Wilson was appointed to the positions of Secretary and General Counsel.

It is planned to make a material change in the capitalization of the company by increasing the amount of the authorized shares from 200,000,000 to 600,000,000 (550,000,000 of common stock and 50,000,000 of preferred) and to change the name to Panamera Holdings Corporation.

The company is in early discussions with several merger and/or acquisition candidates.