mick
1 month ago
On March 4, 2022, the Company elected Ambrose Egbuonu as the President and CEO of the Company with a mandate to build and operationalize certain business plans.
On November 25, 2022, the Company completed preparation of its business plan of action and started implementation. On November 25, 2022, the Company changed its business purpose from gold-mining and prospecting to become a holding company for identified hospital operations.
We believe the Company is a quasi development stage company pursuing an actual business as set forth in the Company’s Business Plan. The Company is pursuing contracts and possible acquisition or joint-venture with UMMC Corp
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v5 December 18, 2023) Page18of 24
(http://www.ummc.care), a Texas based operator of several hospitals and medical facilities. The Company is close to hiring Kuldip Singh, the CEO of UMMC Corp to become the new President of the Company and lead the Company into this sub-sector of the healthcare industry. Once the acquisition is finalized, UMMC Corp would become a wholly owned subsidiary of the Company. UMMC Corp currently operates from the corporate office located at 510 W Tidwell Rd. Houston, TX 77091.
Pursuant to the company’s move to acquire UMMC, on March 1, 2023, Alpha ridge Capital entered into a Securities Purchase Agreement (SPA) with Kuldip Singh, the control person for UMMC to sell to him 500shares of the company’s special 2021 series A preferred shares, which controls 60% of the total voting powers of the company. Subsequent to the SPA, the company also entered into an acquisition agreement with UMMC.
Once buyers and sellers have completed their due diligence, the deal will close and both company’s financial statements shall be consolidated. After closing the UMMC acquisition, the company plans on making other acquisitions of medical facilities Real Properties and other hospital and doctors’ offices operations as time and resources permits. Subsequent to the execution of the SPA, Mr. Kuldip Singh was appointed as President of the company.
https://www.otcmarkets.com/otcapi/company/financial-report/406589/content
Golfnut3
1 month ago
I mean, I can see it happening...I guess they must have reached the two year mark..
FCGD Security Details
Share Structure
Market Cap Market Cap
978,133
08/30/2024
Authorized Shares
10,000,000,000
08/29/2024
Outstanding Shares
9,781,332,120
08/29/2024
Restricted
598,573,182
08/29/2024
Unrestricted
9,182,758,938
08/29/2024
Held at DTC
7,990,188,460
08/29/2024
Float
9,182,758,938
03/05/2024
Golfnut3
1 month ago
So, they removed this from the, Pin, maybe a Reverse Share is in the making...
..Acquis Replying to @opportunityzon Sticking point: @Alpharidge_Cap wants to ensure that EXISTING SHAREHOLDERS ARE PROTECTED in all merger transactions. Thus, it intends to include a Restrictive Clause, forbidding Reverse-Splits for two years minimum after closing the deal, in all of its merger agreements.