Lead Innovation Corporation (PK) (LEIC) News

Outstanding Shares
The number of shares outstanding of our Common Stock was:
526,440,742 shares as of May 31, 2023
526,440,742 shares as of November 30, 2022
Shell Status
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act
of 1933, Rule 12b-2 of the Exchange Act of 1934 and Rule 15c2-11 of the Exchange Act of 1934.):
Yes: No: ?x

This Chinese dominated company is way silent however that in not atypical for Chinese companies. They can be silent but deadly so to speak.
Chinese real estate is in the ditches as the economy there is suffering. I can see this moving up strong upon more acquisitions and contracts in other
places worldwide Bears watching.

Just waiting for eyes to see everything going on with the company but great things are there I wish the company would put out some kind of PRs and let everyone know

$LEIC LinkedIn added on OTCM: Lead Innovation currently has a net asset base of US$ 4 billion under management. And 201-500 employees.

There is some really nice info out there on this company.

Hopefully we can keep moving or at least have action it’s been awhile since this thing has moved the company don’t say nothing only good thing is they keep the stock current on it financials hope for the best

Finally moving

LEIC Quarterly - Public Float : 132,407 as of August 31, 2022

https://www.otcmarkets.com/otcapi/company/financial-report/347074/content
https://www.otcmarkets.com/otcapi/company/financial-report/347072/content

$LEIC - Anything new happening behind the scenes? Pretty quiet around here.

Thanks for the update. Will be interesting to see what impact this deal has on share prices.

$LEIC: CHange-of-Control done at $0.20/sh to Guangxi Qindi Liquor Co


https://www.otcmarkets.com/otcapi/company/financial-report/321326/content


Get some BAIJU !!!!!!!!!!



GO $LEIC

$LEIC - NICE! Nice to see this one wake up again.

Wow what a finding. Will pick some up soon.

I did $LEIC hits at 1.60, company has over $2 billion in assets. Now they issued the restricted shares I think they will move those assts in very soon— Adijas (@AdijasStocks) January 4, 2022

$LEIC - OK, who woke $LEIC up from its long slumber???

$LEIC - The new people involved must have plans for $LEIC, or they wouldn't have took over. jmo

I hear you on that, crazy nothing from the company since they took over but they keep up on filings so I guess just have to wait and see

$LEIC - yes, did see they have a website. Would be nice to get some kind of update or news to verify that something is actually happening with this company.

http://leadinnovgroup.com/about.html

Has anyone seen this?

$LEIC - Shocking! This one is actually Pink Current.

https://www.otcmarkets.com/stock/LEIC/security

LEIC - Wonder if they will get their Canadian filings up to date too?

She's alive! Breakout?
Specifics on assets injection into new entity

Yes

Interesting... August 31, 2020, the Company had net revenues of $226,169 and assets other than cash and cash
equivalents represented a significant portion of the total assets of the Company.
Since the acquisition of Lil Macua, the Company has continued to develop and expand its business
plan. Pursuant to an Investment, Cooperation and Partnering Agreement dated May 18, 2020, the
issuer issued 50,000,000 common shares on June 9, 2020 to Kam Iat Fu International Company
Limited at $.2975 per common share resulting in a change of control. Pursuant to the Agreement
Kam Iat agreed to inject business assets into the issuer within the next twenty-four months.
As a result, the Company has not been a shell company since March 29, 2019 as it has continued
to have significant operations and develop and expand its business.
Lead Innovation Corporation
/s/ Chun Hong Cheng Cheng CEO
Dated: October 20, 2020

Are the filings just to remain current?

Lots of filings hitting last two days

Once merger happens, don’t be surprised to see 14.00 a share. The SS is beautiful.

Regardless, when they do find someone to take control, I'll be most interested to see how they handle the $900K + debt and the either worthless or non-existent asset that remain on the books.

Don’t be surprised if this hit 10.00-14.00 a share if the merger is good.

Don’t know but Chinese names are always backwards haha

So you're thinking that Kam Iat Fu International Company Limited is the same company as FU KAM INTERNATIONAL(HONGKONG)CO.,LTD?

You may be right... but to me, those are two different companies with similar names. Time will most certainly tell.

They will get a new control person, that's certain. Looks like this company at least exists online so that's a good sign if it is them.

It is in the filing

Interesting but.. how do you know this? I don't see any disclosure filings or press releases?

Here is the company that will be merging http://www.fujingsz.com/

worthless shell can show some worth

with one click, eh?

quite a spread
.185 x .98

situational pump & dump

It would take a group of dimwits to come
in here and try and move the needle.

totally bullshit

Suffice it to say that this change of ownership is not based upon $14 million in cash. Given one can purchase control of a pink sheet stock without $1000000 of debt for just a few hundred thousand.

Probably more scamming about to begin. No evidence of Kam Iat Fu International Company Limited anywhere on Google or Baidu.

My assumption is that the previous holder, after realizing how badly he got screwed by Basilio Chen couldn't find anyone who wanted this worthless shell until this deal was cooked up. Time will tell how this plays out but one would be advised to watch from afar as nothing good will come of it.

adjustment from previous post


I meant to say 18 months not 12 months as listed in previous post.

On December 8, 2019, the Company issued 50 Series C Preferred Shares to Chun Hong Cheng Cheng for services valued at $40,000. Each Series C preferred share is convertible after 18 months from issuance into 2,000 common shares.

Pursuant to an Investment, Cooperation and Partnering Agreement dated May 18, 2020, the Company issued 50,000,000 common shares to Kam Iat Fu International Company Limited at $.2975 per common share resulting in a change of control.

P.S. Q2 reports posted yesterday, 15Jul20
https://www.otcmarkets.com/stock/LEIC/disclosure

Good Morning,

In my mind, its inline with the Lil Macau stock hold by principals transfer/purchase about 12 months back. I'm thinking "good merger".

What are your thoughts.


On March 29, 2019, pursuant to the letter of agreement, Lead Innovation Limited, a Macau company (Lil Macau") shareholders sold all of their shares in Lil Macau representing 100% of total issued and outstanding shares of Lil Macau in exchange for 500 series A preferred shares of the Company. Lil Macau develops lifestyle products and projects of innovative, creative nature that fosters a modern lifestyle of quality and leisure. Since inception in 2016, Lil Macau has developed certain projects in the People's Republic of China through its wholly owned subsidiary Zhuhai City Unicorn Hotel Management Co., Ltd. (WFOE), a PRC company. Additionally, Lil Macau recently entered into business in the food and beverage distribution industry in Macau which business extends to other countries in Asia. Lil Macau, through its WFOE subsidiary, also owns business and certain high-end properties in the Zhongshan City of Guangdong Province in the People's Republic of China. Chun Hong Cheng Cheng, majority shareholder, an officer and a director of the Company is also the majority shareholder, sole officer and director of Lil Macau. The Company, through HTIC Environmental Inc., a wholly owned subsidiary, controls the patented technology that allows tires to be recycled through pyrolysis. Upon funding, the Company will sell the resultant pyrolysis oil, syngas, carbon black, and steel to petroleum product manufacturers and rubber blenders.

Change of control in filings that were just released. Everyone knows next what happens- merger.

The point here is that the assets are questionable at best and non-existent at worst.. but the debt is real and never going away unless either paid or waived by someone from the past.

Since it's becoming more obvious that the current control person isn't going to do anything with it.. the value of it going forward to a new control person is materially affected by the existence of that debt.

This is what happens when a low life con man like Basilio Chen talks an innocent Chinese businessman into investing a shell he has no business getting involved in. Basilio made his profit off the deal and couldn't give a flying fu*k about the aftermarket.

PT Barnum was right.. there's a sucker born every minute.

Good point and question. The technology/equipment was proven to work. The plan to start a plant fell apart when Harvey's partner in the tire recycle business passed away. From what I remember there were two systems which had been built. One was in Harvey's home area and the other was at his former partner's site. Not sure where they are now.

The answer to your question is simple. If Chun Hong Cheng Cheng, the 68% shareholder wants to resell this shell to someone else, he needs to keep it current or the value of it will decrease significantly.

As I said previously, he got into this vehicle "guided" by Basilio Chen, a known stock manipulator and con man. I'm sure Basilio made him lots of promises he never intended to keep about raising funds and awesome stock performance. In addition to the hundreds of thousands he paid to get control of this stock, Chun Hong Cheng Cheng also invested another $83,000 to keep it going.

I'm also sure Basilio has abandoned him by now.. so left adrift, on his own he needs to figure out how to make this work for him or find a buyer to try to recoop some of his investment.

If you look at SRBT, you will see the same thing. This was another one Basilio put together.

Here's a question I have about this company. There is an asset for some equipment of $938,061 and an offsetting loan for that amount plus accrued interest since 2016. It had to do with the previous company's plan to build a plant, which was never built so the equipment is laying around somewhere. I wonder if Chun Hong Cheng Cheng even knows where it is and why he would buy controlling interest in a shell with an asset on the books of questionable if any value and a dept of close to $1,000,000? What kind of lie did Basilio tell him to get him to overlook that elephans in the room?

Thanks for the info. Which begs to question why the owner would continue to file if he has no plans for the company?

It cost 2K go do a 10-Q

Filing fees can be a few hundred dollars. The point is; why throw the money away if you do not intend to do anything with the stock or company.

Hahaha ....filings aren’t cheap either

LOL

And yet, the company continues to keep their filings up to date. Maybe they just like to spend their money staying current for no reason.