CCKH 8K out! Belmont Partners takes control
Share structure:
Authorized Shares 75,000,000
Outstanding Shares: 2,294,250
Float: 895,250
Item 1.01 Entry into a Material Definitive Agreement.
On March 16, 2010, Cienega Creek Holdings, Inc., (the “Company”) entered into a material definitive agreement with Belmont Partners, LLC by which Belmont acquired one million two hundred ninety nine thousand (1,299,000) shares of the Company’s common stock. The transaction closed on March 18, 2010. Following the transaction, Belmont Partners, LLC controls approximately 56.61% of the Company’s outstanding capital stock.
SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Effective March 16, 2010, Joseph Meuse was appointed a sole Director as well as President of the Company. On the same date, Michael A. Klinicki resigned from all positions previously held in the Company.
Set forth below is certain biographical information regarding the New Director and Officer:
Appointment of Joseph Meuse: Sole Director and President of the Company.
Joseph Meuse, age 39, resides in Warrenton, VA. Mr. Meuse has been involved with corporate restructuring since 1995. He is the Managing Member of Belmont Partners, LLC and was previously a Managing Partner of Castle Capital Partners. Additionally, Mr. Meuse maintains a position as a Board Member of numerous public companies. Mr. Meuse attended the College of William and Mary.