Tuesday, July 27, 2021 4:57:56 PM
$FCGD how the securities were acquired (e.g., open market purchases, compensation, loan
settlement).
https://backend.otcmarkets.com/otcapi/company/financial-report/292709/content
The Custodian purchased 21,000,000 shares of the Company’s common stock on the open
market. On June 11, 2021, the Custodian designated and granted, to Community Economic
Development Capital LLC, a company that is controlled by Mr. Frank I Igwealor, five hundred
(100) share of Special 2021 Series A Preferred Stock, at par value of $0.001, in exchange for
$80,000. The Special 2021 Series A Preferred Stock has 60% voting rights over all classes of
stock. Each one (1) of the Special 2021 Series A Preferred Stock is convertible into
200,000,000 shares of the Company’s common stock.
3. A description of officer/director appointments, resignations or terminations made in connection
with the custodianship proceedings, including names and relevant titles.
On June 16, 2021, the Custodian appointed Mr. Frank I Igwealor, as the Company’s sole officer
and director.
4. A description of any opposition by former management or shareholders (if there was no
opposition, this should be stated).
None
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