These guys are drunk on the kool aid....here's how HOMU could read:
A change of control occurred with respect to the Company to better reflect its new business direction. The Company intends to enter into a share exchange agreement with the shareholders of a private corporation organized under the laws of the Republic of China resulting in the private company becoming the wholly-owned subsidiary of the Issuer.
Upon consummation, the Company, through its wholly-owned subsidiary, will be involved in a REIT - purchasing and developing commercial and residence investment properties in the United States.
Beautiful future here.