Monroe1
10 months ago
Outstanding Shares
The number of shares outstanding of our Common Stock was:
526,440,742 shares as of May 31, 2023
526,440,742 shares as of November 30, 2022
Shell Status
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act
of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934.):
Yes: No: ?x
This Chinese dominated company is way silent however that in not atypical for Chinese companies. They can be silent but deadly so to speak.
Chinese real estate is in the ditches as the economy there is suffering. I can see this moving up strong upon more acquisitions and contracts in other
places worldwide Bears watching.
RE03
4 years ago
Interesting... August 31, 2020, the Company had net revenues of $226,169 and assets other than cash and cash
equivalents represented a significant portion of the total assets of the Company.
Since the acquisition of Lil Macua, the Company has continued to develop and expand its business
plan. Pursuant to an Investment, Cooperation and Partnering Agreement dated May 18, 2020, the
issuer issued 50,000,000 common shares on June 9, 2020 to Kam Iat Fu International Company
Limited at $.2975 per common share resulting in a change of control. Pursuant to the Agreement
Kam Iat agreed to inject business assets into the issuer within the next twenty-four months.
As a result, the Company has not been a shell company since March 29, 2019 as it has continued
to have significant operations and develop and expand its business.
Lead Innovation Corporation
/s/ Chun Hong Cheng Cheng CEO
Dated: October 20, 2020
TMilzSr
4 years ago
adjustment from previous post
I meant to say 18 months not 12 months as listed in previous post.
On December 8, 2019, the Company issued 50 Series C Preferred Shares to Chun Hong Cheng Cheng for services valued at $40,000. Each Series C preferred share is convertible after 18 months from issuance into 2,000 common shares.
Pursuant to an Investment, Cooperation and Partnering Agreement dated May 18, 2020, the Company issued 50,000,000 common shares to Kam Iat Fu International Company Limited at $.2975 per common share resulting in a change of control.
P.S. Q2 reports posted yesterday, 15Jul20
https://www.otcmarkets.com/stock/LEIC/disclosure
TMilzSr
4 years ago
Good Morning,
In my mind, its inline with the Lil Macau stock hold by principals transfer/purchase about 12 months back. I'm thinking "good merger".
What are your thoughts.
On March 29, 2019, pursuant to the letter of agreement, Lead Innovation Limited, a Macau company (Lil Macau") shareholders sold all of their shares in Lil Macau representing 100% of total issued and outstanding shares of Lil Macau in exchange for 500 series A preferred shares of the Company. Lil Macau develops lifestyle products and projects of innovative, creative nature that fosters a modern lifestyle of quality and leisure. Since inception in 2016, Lil Macau has developed certain projects in the People's Republic of China through its wholly owned subsidiary Zhuhai City Unicorn Hotel Management Co., Ltd. (WFOE), a PRC company. Additionally, Lil Macau recently entered into business in the food and beverage distribution industry in Macau which business extends to other countries in Asia. Lil Macau, through its WFOE subsidiary, also owns business and certain high-end properties in the Zhongshan City of Guangdong Province in the People's Republic of China. Chun Hong Cheng Cheng, majority shareholder, an officer and a director of the Company is also the majority shareholder, sole officer and director of Lil Macau. The Company, through HTIC Environmental Inc., a wholly owned subsidiary, controls the patented technology that allows tires to be recycled through pyrolysis. Upon funding, the Company will sell the resultant pyrolysis oil, syngas, carbon black, and steel to petroleum product manufacturers and rubber blenders.
standintall
4 years ago
The answer to your question is simple. If Chun Hong Cheng Cheng, the 68% shareholder wants to resell this shell to someone else, he needs to keep it current or the value of it will decrease significantly.
As I said previously, he got into this vehicle "guided" by Basilio Chen, a known stock manipulator and con man. I'm sure Basilio made him lots of promises he never intended to keep about raising funds and awesome stock performance. In addition to the hundreds of thousands he paid to get control of this stock, Chun Hong Cheng Cheng also invested another $83,000 to keep it going.
I'm also sure Basilio has abandoned him by now.. so left adrift, on his own he needs to figure out how to make this work for him or find a buyer to try to recoop some of his investment.
If you look at SRBT, you will see the same thing. This was another one Basilio put together.
Here's a question I have about this company. There is an asset for some equipment of $938,061 and an offsetting loan for that amount plus accrued interest since 2016. It had to do with the previous company's plan to build a plant, which was never built so the equipment is laying around somewhere. I wonder if Chun Hong Cheng Cheng even knows where it is and why he would buy controlling interest in a shell with an asset on the books of questionable if any value and a dept of close to $1,000,000? What kind of lie did Basilio tell him to get him to overlook that elephans in the room?