What? They purchased 13,195,000 shares for US$1.00 ???
Item 3. Source and Amount of Funds and Other Consideration.
On May 21, 2014, pursuant to a Stock Purchase Agreement, by and between Magnify Wealth Enterprises Limited, a British Virgin Islands company, and Power Apex Holdings Limited, Power Apex purchased 13,195,000 shares of Common Stock, representing approximately 43.93% of the issued and outstanding shares of Common Stock for US$1.00 cash in consideration.