Replies to post #325 on Adamant DRI Processing and Minerals Group (ADMG)

[Traderfan]

Potse

Looks like there is a change of control in the 10q today. Finally. You still in here? What‘s your take?




„8. SUBSEQUENT EVENTS

On May 1, 2023, Global Strategies, Inc., the Company’s controlling shareholder, entered into an agreement to sell 11,866,563 shares of the Company’s common stock to Parks Amusements LLC, a limited liability corporation incorporated in the State of Missouri, for total consideration of $300,000. The 11,866,563 shares represent approximately 73% of the outstanding shares of the Company as of the date hereof, and the sale of common stock will effect a change in control of the Company. As of the date of this report, the transaction has not yet concluded“