NYBob
2 years ago
$Hong Kong People Love this;; PRESIDENT DONALD TRUMP RALLY LIVE IN COMMERCE, GA 3/26/22
by RSBN March 17, 2022
https://rsbnetwork.com/video/president-donald-trump-rally-live-in-commerce-ga-3-26-22/
Saturday, March 26, 2022: Join the RSBN team LIVE from Commerce, GA
for all day coverage of President Donald J. Trump’s SAVE AMERICA rally.
President Donald J. Trump, 45th President of the United States of
America, will hold a rally in Commerce, Georgia, on Saturday, March 26,
2022, at 7:00PM EST.
Saturday, March 26, 2022, at 7:00PM EST President Donald J. Trump, 45th
President of the United States of America, Delivers Remarks in support
of David Perdue Candidate for Governor, Herschel Walker Candidate for
U.S. Senate, and other endorsed candidates.
Venue: Banks County Dragway (Formally NHRA International Dragway) 500
East Ridgeway Road Commerce, GA 30529
Timeline of Events: 8:00AM – Parking and Line Opens 2:00PM – Doors Open
and Entertainment Begins 4:00PM – Pre-program Speakers Deliver Remarks
7:00PM – 45th President of the United States Donald J. Trump Delivers
Remarks
Point Roberts Safety; Are you in safe area or you don't want it; Things Are Escalating Very Quickly!
https://youtu.be/ggQzxPWCpgc
Watch; Chinese from Hong Kong and China etc. buying up Point Roberts, WA
an investment of $475K+ may give them a greencard and immigration
rights needed to move in full time to stay and work in US -
(vs. Canada require about $2mil. + for immigration)
They bought the golf course, Marina and developed farms -
Ex.....
Bald Eagle Golf Club
Unlisted
555 views Jul 12, 2019
https://www.youtube.com/watch?v=pNYgIhD_RdU
Watch; This US City Could Be Sold To Canada
https://www.youtube.com/watch?v=ARYL03Dq8cg
if it happen? The property values in the Point Roberts may
go UP 5 times or better,
mick thanks, you are right on my friend; great wild life and
best fishing on the west coast, in the safest witness
protection area, only 30 min. drive to Vancouver BC Canada,
but still in US on the border to Canada to enjoy the best
of two countries; )
https://www.youtube.com/watch?v=UnXffkvWukU
5 acres Right beside one of the nicest golf clubs;
https://baldeaglepointroberts.com/
across a road from the golf course on Canadian side;
a small lot coast about $one mil.
so the 5 acres are a great bargain )
God Bless America
SteveSchiets
16 years ago
Form 8-K for HONG KONG WINALITE GROUP, INC.
--------------------------------------------------------------------------------
7-May-2008
Entry into a Material Definitive Agreement, Financial Statements a
Item 1.01. Entry into a Material Definitive Agreement.
Master Purchase and Supply Agreement
On May 1, 2008, The Hong Kong Winalite Group Limited, a Hong Kong company ("Winalite"), a wholly-owned subsidiary of Hong Kong Winalite Group, Inc., entered into a Master Purchase and Supply Agreement (the "MPSA") with Shenzhen Yuelang Techno Industrial Co., Ltd. (the "Manufacturer"). Pursuant to the MPSA, Winalite will purchase certain products from the Manufacturer, including sanitary pads and pantiliners, as described in the MPSA (the "Products"), on an open account basis pursuant to separate purchase orders (the "Purchase Orders") and will resell the Products to certain distributors as more particularly described below.
The prices for the Products are set by the MPSA and may only be changed by written agreement of the parties. Pursuant to the MPSA, payment terms will be ninety (90) days net upon invoice by the Manufacturer, unless otherwise specified in the applicable Purchase Order. The form and content of the Purchase Orders, including any terms and conditions appearing on or attached to the Purchase Orders, will be determined in the sole discretion of Winalite; provided, however, that the Manufacturer will have five (5) days from receipt of any Purchase Order to object in writing to any change to the commercial terms thereof. The minimum agreed period between Winalite's delivery of a Purchase Order and the scheduled delivery date will be no less than thirty (30) days unless a longer period is stated in the Purchase Order or a shorter period is agreed to in writing between the parties. If the Manufacturer is more than fifteen (15) days late in meeting a scheduled delivery date, then Winalite may require that the Manufacturer ship the Products via a premium means at the Manufacturer's expense.
With the exception of the PRC market, the Manufacturer agreed to supply exclusively to Winalite and, unless approved in advance in writing by Winalite, agreed not to manufacture or sell the Products, any functionally equivalent products, or any products employing or incorporating any patented or proprietary technology used in the production of the Products to any other person.
Pursuant to the MPSA, the Manufacturer transferred to Winalite all right, title and interest it may have in and to the word "Winalite," including without limitation any trademark, trade name, or copyright to that word and any representation or design incorporating that word (collectively, the "Winalite Brand") and Winalite granted to the Manufacturer during the term of the MPSA a royalty-free license to use the Winalite Brand only in connection with the manufacturing and sale to Winalite of the Products. Furthermore, the Manufacturer also granted to Winalite a world-wide, royalty-free license during the term of the MPSA to use any patents, copyrights, trademarks, trade names or other intellectual property which is owned or to which Manufacturer has rights, solely for the purposes of marketing, selling and distributing the Products.
The MPSA will has an indefinite term but may be terminated on six months' notice by either party or upon specified events, such as the insolvency of either party.
This brief description of the terms of the MPSA is qualified by reference to the provisions of the agreement attached to this report as Exhibit 10.1.
Exclusive International Distribution Agreements
On May 1, 2008, Winalite entered into separate distribution agreements (the "Distribution Agreements") with eight third party distributors (collectively, the "Distributors"), whereby the Distributors agreed to purchase from Winalite the Products that Winalite will purchase from the Manufacturer and resell the Products through direct marketing and/or other channels in their defined, exclusive territories. All of the Distribution Agreements are in substantially the same form. The territories named in the Distribution Agreements include:
Hong Kong, Malaysia, Taiwan, Indonesia, Singapore, Thailand, Vietnam, and the Philippines.
--------------------------------------------------------------------------------
Pursuant to the Distribution Agreements, the purchase price for any Product will be the price for such Product set from time to time by Winalite on an arm's length basis. The Distributors will place orders for the Products in a form and manner prescribed by Winalite, and the Distributors' purchase of the Products will be on terms and conditions specified by Winalite or then generally in use by Winalite for like sales of the Products. The Distributors are responsible for promoting the sales of the Products in their territories, maintaining adequate sales forces, and other customary functions. The Distributors have the right to appoint sub-distributors and are required to report periodically to Winalite on their activities.
Pursuant to the Distribution Agreements, each Distributor transferred to Winalite all right, title and interest it may have in and to the word "Winalite," including without limitation any trademark, trade name, or copyright to that word and any representation or design incorporating that word.
The term of the Distribution Agreements is five years and will be automatically renewed for additional one year periods, unless Winalite indicates in writing its desire to the contrary more than thirty (30) days before the end of the term.
This brief description of the terms of the Distribution Agreements is qualified by reference to the provisions of the form of Distribution Agreement attached to this report as Exhibit 10.2.
Consulting and Management Services Agreements
On May 1, 2008, Winalite entered into separate consulting and management services agreements (the "Services Agreements") with each Distributor, all of which are in substantially the same form. Pursuant to the Service Agreements, Winalite agreed to provide certain consulting, management, technical, marketing, financial and/or other services to the Distributors.
In consideration of these services, the Distributors agreed to pay Winalite $300 per hour for senior management personnel, $150 per hour for middle management personnel and $75 per hour for managerial, technical and other support personnel. In addition, the Distributors agreed to reimburse Winalite for travel and other out-of-pocket expenses upon presentation of reasonable supporting documentation. Such fees are payable within 30 days of invoice therefor.
The Service Agreement may be terminated at any time by Winalite, and upon sixty
(60) days' advance notice by Distributors, by written notice delivered to the non-terminating party.
This brief description of the terms of the Service Agreements is qualified by reference to the provisions of the form of Service Agreement attached to this report as Exhibit 10.3.
License Agreements
On May 1, 2008, Winalite also entered into separate license agreements (the "License Agreements") with each Distributor, all of which are in substantially the same form. Pursuant to the License Agreements, Winalite agreed to license to each Distributor certain intellectual property (the "Intellectual Property"), solely for use in its assigned, exclusive territories in connection with the marketing, sale and distribution of the Products.
--------------------------------------------------------------------------------
In consideration of the rights granted to them by Winalite under the License Agreements, each Distributor agreed to pay Winalite a license fee in an amount equal to 10% of the monetary amount of Distributor's orders for Products placed with Winalite. In addition, each Distributor may sub-license the Intellectual Property only to Downline Distributors, as defined in the Distribution Agreement, but may not grant to any sub-licensee any more right than are granted to the Distributor under the License Agreement.
The License Agreement will expire when the Distribution Agreement is terminated. Once the License Agreement expires, the Distributors will immediately cease using all Intellectual Property and, at Winalite's option, return or destroy all Intellectual Property having tangible form in its possession, custody, or control.
This brief description of the terms of the License Agreements is qualified by reference to the provisions of the form of License Agreement attached to this report as Exhibit 10.4.
Item 9.01 Financial Statements And Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Master Purchase and Supply Agreement, dated as of May 1, 2008,
between The Hong Kong Winalite Group Limited and Shenzhen Yuelang
Techno Industrial Co., Ltd.
10.2 Form of Exclusive International Distribution Agreement.
10.3 Form of Consulting and Management Services Agreement.
10.4 Form of License Agreement.
atout
17 years ago
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 1, 2007, Gourmet Herb Growers, Inc., a Nevada
corporation (the "Company"), entered into a Stock Purchase
Agreement (the "Stock Purchase Agreement"), with Halter Financial
Investments, L.P., a Texas limited partnership ("Purchaser"),
pursuant to which the Company agreed to sell Purchaser 11,200,000
unregistered shares of the Company's common stock for $400,000.
The Stock Purchase Agreement requires, as a condition to closing,
the election and appointment of the person or persons designated by
Purchaser as the new officers and director or directors of the
Company;
The Stock Purchase Agreement also requires the Company's Board of
Directors to declare and pay a special cash dividend of $0.245 per
share to the current shareholders of the Company and that the
Purchaser will not participate in such dividend. The proposed
dividend will be payable to shareholders of record at the close of
business on October 10, 2007, with a payment date on October 12,
2007, which is subsequent to the date the required payment from
Purchaser under the Stock Purchase Agreement has been received.
The dividend will be payable to the Company's current shareholders
who hold 1,600,000 shares of its common stock which will result in
a total dividend distribution of $392,000.
The Stock Purchase Agreement contains covenants that require
Purchaser, in its capacity as controlling shareholder of the
Company following closing, to agree that it will not approve any
additional reverse stock splits without the prior consent of a
majority of the members of the Company's current Board of
Directors as representatives of the Company's current
shareholders, that it will ensure that the Company does not
authorize the issuance of any additional shares of common stock
or securities convertible into shares of common stock except for
up to a 10 to 1 reverse split in connection with a combination
transaction with a corporation with current business operations
(a "Going Public Transaction"), and that it will not allow the
Company to enter into a Going Public Transaction unless the
Company, on a combined basis with the operating entity with which
it completes a Going Public Transaction, satisfies the financial
conditions for listing on the NASADAQ Stock Market immediately
following the closing of the Going Public Transaction. The Stock
Purchase Agreement also grants demand and "piggy back"
registration rights to Purchaser and, to the extent required, to
the current holders of the Company's restricted common stock.
After giving effect to the stock sale, the Purchaser would hold
11,200,000 shares or approximately 87.5% of the 12,800,000 shares
of the Company's common stock to be outstanding following the
completion of such action. As such, the Stock Purchase Agreement
will result in a change of control of the Company and, following
consummation of the transactions contemplated by the Stock Purchase
Agreement, the Purchaser will be able to elect directors and
control the policies and practices of the Company. The Stock
Purchase Agreement will not result in any change in the status of
the Company as a shell company and the Company will continue its
search for business opportunities for acquisition or participation
by the Company.
The foregoing summary of selected provisions of the Stock
Purchase Agreement does not purport to be complete and is
qualified in its entirety by reference to the Stock Purchase
Agreement, a copy of which is filed as an exhibit to this report.
Level up your trading with our powerful tools and real-time insights all in one place.
Renee
2 years ago
Golden Cross
3 years ago
DeafTrader2
4 years ago
itsthebox1
4 years ago
ListenToMe
7 years ago
MWM
17 years ago
Hot Features
Premium
