Quintessence
6 years ago
Company name change to Rayont, Inc. coming soon.
https://www.otcmarkets.com/filing/html?id=13214349&guid=RjBtUFJLzJQS03h
On February 11, 2019 the Board of Directors of the Company approved, declared it advisable and in the Companyโs best interest, and directed that there be submitted to the holder of a majority of the Companyโs common stock for approval, the prospective amendment to the Companyโs Articles of Incorporation to change the name of the Company to Rayont, Inc.(the โName Change Amendmentโ). On February 11, 2019, the stockholders of the Company owning a majority of the Companyโs outstanding voting stock (the โMajority Stockholdersโ) approved the Name Change Amendment by written consent, in lieu of a special meeting of the stockholders.
The Board of Directors of the Company and the Majority Stockholders believe that it is advisable and, in the Companyโs, best interests to authorize and approve the Name Change Amendment in order to more accurately reflect additions to the Companyโs business focus with the change of control disclosed in the Companyโs Current Report on Form 8-K filed with the SEC on December 19, 2018.
Quintessence
6 years ago
PR, 8-K out: Velt International Group Inc. acquires THF Holdings Pty Ltd
Thousand Oaks, California, Jan. 24, 2019 (GLOBE NEWSWIRE) -- Velt International Group Inc. (OTC Pink: VIGC) (the โCompanyโ or โVeltโ) today announced that on January 22, 2019 it has executed an agreement to acquire all of the issued and outstanding shares of THF Holdings Pty Ltd (โTHFโ), an Australian Cancer Treatment and Medical devices company.
Under the agreement, Velt acquired 100% outstanding shares of THF for the aggregated amount of USD 1 Million. Velt shall issue shares equivalent to the acquisition amount based on share price closed on January 22, 2019. Rural Asset Management Services, Inc. (โRAMโ) is the sole shareholder of THF and on December 14, 2018 RAM acquired 1,132,000 shares of Velt, which makes it a majority shareholder of the Company.
Ali Kasa, the CEO and President of the Company and Director of THF Holdings Pty Ltd said, โthe acquisition of THF is critical for Velt future directions and business model. We are exploring the life sciences sector and perhaps consider venture into latest technology related to cancer treatment.โ
https://www.otcmarkets.com/stock/VIGC/news/story?e&id=1269265
https://www.otcmarkets.com/filing/html?id=13170944&guid=AHGtUa3VoTB9z3h
On January 22, 2019, the Company entered into and closed an Acquisition Agreement with THF Holdings Pty Ltd., an Australian corporation (โTHFโ) and Rural Asset Management Services, Inc., THFโs sole shareholder (โRuralโ), pursuant to which the Company acquired 100% of the issued and outstanding capital stock of THF in exchange for 4,000,000 shares of the Companyโs common stock, valued on January 22, 2019 at $1,000,000. THF is an Australian Cancer treatment and medical device company. Rural, is currently the majority shareholder of the Company, and although the acquisition was not an arms-length transaction, the Company believes that the purchase price paid was reasonable and below THFโs market value.
ListenToMe
8 years ago
8K out today ACUG; Item 4.01 Changes in Registrantโs Certifying Accountant
(a) On January 18, 2017, Enterprise CPAโs, Ltd. (โEnterpriseโ) was dismissed by vote of the Board of Directors as A&C, Inc.โs (โA&Cโ) independent registered public accounting firm. On the same date, the Board voted to retain De Leon & Company (โDe Leonโ) as A&Cโs independent registered public accounting firm.
Enterpriseโs reports on the financial statements for A&Cโs fiscal years ended September 30, 2015 and September 30, 2014 did not contain any adverse opinion or a disclaimer of opinion. The Form 10-K report for the fiscal year ended September 30, 2016 has not been prepared. The reports were not qualified or modified as to uncertainty, audit scope, or accounting principles, other than an explanatory paragraph with respect to the Companyโs ability to continue as a going concern.
During A&Cโs two most recent fiscal years and any subsequent interim period preceding such dismissal, there were no disagreements with the former accountant on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of the former accountant, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its report.
Item 9.01 Financial Statements and Exhibits
d) Exhibits
Exhibit No.
Description
16.1
Letter from Enterprise CPAs, Ltd.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
A & C UNITED AGRICULTURE DEVELOPING INC.
Date: January 19, 2017
By:
/s/ Yidan Liu
Yidan Liu
Chief Executive Officer and Director
3