Eurotech, Ltd. (EUOT)

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Meuse new M.O. shell deal where Belmont kept 13% ownership.

Belmont Retains Right to 13% Stake in Shell Company Sale
Posted April 23, 2010 11:37AM PST

Shell sponsor Belmont Partners sold a 51% stake in the shell company Data Storage Consulting Services to Sunrise Capital International for $366,000.

Sunrise Capital's Sheng Zhou became the company's sole officer and director as part of the sale. Sunrise Capital helps private Chinese companies raise funds and obtain listings on domestic and overseas stock exchanges.

After a reverse merger is completed, the new company will issue Washington, Va.-based Belmont 13% of its stock.

This is the second shell Belmont has sold this month that includes a post-merger stock issuance.

China Digital Communication Group bought a 53.8% stake in the shell company iDcentrix Inc. for $300,000 from Belmont earlier this month.

That company will issue stock to Belmont that will be worth a 10% stake after a reverse merger is completed.

Posted by: The Rainmaker Date: Monday, April 26, 2010 10:49:17 AM
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