Mr Park just filed a SC 13D. From this it's obvious he bought the company for the reverse merger. The "transaction" refererred to in today's filing is what has already been detailed in the previous 8k and SC14f-1 filings. From today's filing:
"Pursuant to a Share Purchase Agreement (the “Agreement”), dated January 19, 2011, Mr. Park paid an aggregate price of $400,000 to the majority shareholders of the Issuer for an aggregate of 3,295,000 shares of the Issuer’s preferred stock, par value $0.01. As a result, Mr. Park took control of the Issuer. The Equity Interest is to be utilized by Mr. Park for the purpose of facilitating the transaction as set forth in the Agreement..."
(my emphasis)
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