ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On July 10, 2014 , we executed an agreement with Pan Ocean Container Supplies
Co., Ltd . ("Pan Ocean"), and our company (the "Agreement"), whereby pursuant to
the terms and conditions of that Agreement, Pan Ocean shareholders will acquired
six million (6,000,000) shares of our common stock, and Pan Ocean would become a
wholly owned subsidiary of the Company. This issuance of stock will not involve
any public offering, general advertising or solicitation. No assurances can be
provided that the transaction will be closed. Upon closing we will publish an
expanded Form 8-K filing which will include the audited financials of Pan Ocean
and Pro-Forma financial statements.
The closing of the transactions in the agreement are contingent upon
satisfaction of closing conditions listed in the Agreement, a form of which is
attached hereto as Exhibit 2.1.
Closing conditions include, but are not limited to, the approval of an eight for
one (8:1) forward stock split.
Pan Ocean Fire Protection Systems Corp
Pan Ocean Container Supplies Co., Ltd.
(POCS) was founded in July 2, 2012
started production in January 2013
. Orientation of POCS is to build ISO
containers and multi-purposes containers.
POCS is a joint venture company specialized in container production in mainland
, The Company's design concept is safety, green, intelligent, and
lightweight production of lightweight containers, cold chain containers,
non-standard multi-purpose containers, second generation intelligent port use
containers and international general containers.
Item 5.03. Amendment to Articles of Incorporation or Bylaws; Change in Fiscal
On July 10, 2014
, the Board of Directors approved an eight for one (8:1) forward
stock split of the current 5,500,000 shares of common stock. The action was
effective upon filing with the Secretary of State of Nevada
. The filing with the
Secretary of State of Nevada
was accepted on July 14, 2014
. The Company will
proceed to request an ex-dividend date from FINRA.
ITEM9.01 - FINANCIAL STATEMENTS AND EXHIBITS
2.1 Form of Agreement and Plan of Merger by and between Pan Ocean
Container Supplies Co. Ltd. and Nevaeh Enterprises Ltd., dated July