Replies to post #44 on WellTek (WTKN)

[BarryAllen]

ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

Effective on March 30, 2011 (the “Closing Date”), pursuant to a Stock Purchase Agreement dated March 30, 2001 (the “Stock Purchase Agreement”), WellTek Incorporated (“WellTek” or the “Company”) acquired 100% of the issued and outstanding common stock of Stem Cells for Hope, Inc. in exchange for 15,000,000 of the Company’s issued and outstanding common stock. As of the Closing Date, Vladimir Kravchenko was appointed to the Board of Directors of WellTek and will serve as President of the Company and Peter Sidorenko will serve as Senior Vice President of the Company.

http://www.sec.gov/Archives/edgar/data/1456453/000095012311031550/c14966e8vk.htm