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Re: poster44ny post# 11101

Saturday, 05/05/2007 3:26:53 PM

Saturday, May 05, 2007 3:26:53 PM

Post# of 21275
On August 29, 2005, Anthony Chirico sold his entire ownership in America Asia,
consisting of 40 million shares of common stock, to
Investors Group. Following the sale, the board of directors elected Joseph
Mikacevich as [a] director[s] of America Asia followed by
the resignation of those directors. Following the resignation of the then
incumbent directors, the newly elected director[s]
approved the spin off of America Asia's wholly owned subsidiary, The
Chirico Group, Inc., to Mr. Chirico.

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