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Re: VeronicaFox post# 43501

Monday, 11/15/2021 1:31:09 PM

Monday, November 15, 2021 1:31:09 PM

Post# of 45178
WRONG[/]



I'd be surprised if anyone ever hears from Wei Tan (or Tian) again.

This is really sad. The shell is, I'm guessing, total junk. Lazar eventually sold it to poor Wei Tan for a mere $5,000, at least. So Wei didn't get too badly ripped off



SEC 8-K 12/14/20 -Excerpt:



The consideration paid for the Shares was $220,000. The source of the cash consideration for the Shares was personal funds of the Purchaser. In connection with the transaction, David Lazar released the Company from all debts owed to him.



This closing agreement had contingencies in the agreement for 6 months

Same 12/14/20 8-K -Excerp-



Section 5.16 Replacement Provision. In the event that the Buyer is unable complete a merger with an operating entity based on the position or situation of Company prior to the Closing, Seller shall present Buyer with an alternative company.



Filing to go Dark - non reporting, ( before the new SEC rule that came out after) is very common for foreign companies that want to break ties from the past company.
The TOC wasn’t complete until June 9

Case Number
A-20-816267-B

Court
Department 31

Judicial Officer
Kishner, Joanna S.

File Date
06/09/2020

Case Type
NRS Chapters 78-89

Case Status
Closed


Why would Wei , looking for new investors want to show past company financials before his company merged ?