Item 1.01. Entry Into a Material Definitive Agreement.
On September 15, the Company and its control shareholder entered into an
agreement to sell all the outstanding shares of the control voting block
Preferred stock to Mr. Adam Matruski an EV Charge-stations entrepreneur. Mr.
Matruski plans to steer the Company into the Electric Vehicles Charge-Stations
business. Mr. Matruski could be contacted at through the Company's new Twitter
handle @OfficialVNTH. More details would be unveiled by Company management
later.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On September 15, Mr. Frank I Igwealor resigned from the positions of the
President and CEO, Director, Secretary, and Treasurer of the Company. Mr.
Igwealor's resignation followed the sale of the shares of control (voting block)
Preferred stock of the Company to Mr. Adam Matruski an EV Charge-stations
entrepreneur.
On September 15, following Mr. Igwealor's resignation pursuant to the sale of
the shares of control (voting block) Preferred stock of the Company to Mr. Adam
Matruski an EV Charge-stations entrepreneur, the Company appointed Mr. Adam
Matruski as its President and CEO, effectively immediately.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
10.1 Securities Purchase Agreement
10.2 Board Resolution for the resignation, and appointment of Officers
© Edgar Online, source Glimpses