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One of the purchasers is the Company’s CEO and Chairman of the Board, who purchased 1,000,000 shares of widespread stock of the Company. Pursuant to the phrases of this engagement settlement, the Company issued 10,000 shares of its unregistered and restricted common inventory to an funding banker firm inside 10 days from the date of the execution of the engagement agreement, and the remaining 5,000 shares to be paid upon completion of the providing. Investors, pursuant to which the Company agreed to sell to the purchasers, an combination of as a lot as 3,320,000 shares of common stock of the Company, law firm immigration at $11.522 per share. Muling Local Taxation Bureau Social Insurance Coverage Feizhengshou Administration BureauMuling Native Taxation Bureau Social Insurance Feizhengshou Administration Bureaumuling native taxation bureau social insurance feizhengshou management bureauQitaihe law firmQitaihe Law Firm
It is also famous that as of April 9, 2021, the lender entered into a termination settlement of the buyback agreement, under which phrases they won’t execute the buy-back possibility and will not ask for any further cost from the Company other than the lender preserving the transferred asset. The agreement has expired and the Company has no obligation to pay the remaining 5,000 shares.