Homeownusa (OTCMKTS:HMUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Homeownusa (OTCMKTS:HMUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 10, 2017, Mr. Conn Flanigan resigned as the Chief Financial Officer of Homeownusa (the “Company”). Mr. Flanigan shall continue to serve as the President and Secretary of the Company, and as a member of the Company’s Board of Directors.
Effective as of March 10, 2017, Mr. Rongguo (Ronald) Wei, CPA, has been appointed as Chief Financial Officer of the Company. Mr. Wei, 45, is a finance professional with more than 15 years of experience working in public and private corporations in the United States. As the Chief Financial Officer of SeD Development Management LLC, Mr. Wei is responsible for oversight of all finance, accounting, reporting, and taxation activities for that company. Prior to joining SeD Development Management LLC in 2016, Mr. Wei worked for several different US multinational and private companies including serving as Controller at American Silk Mill, LLC from 2014-2016, serving as a Senior Financial Analyst at Air Products & Chemicals, Inc. from 2013-2014 and serving as a Financial/Accounting Analyst at First Quality Enterprise, Inc. from 2011-2012. Before Mr. Wei came to US, he worked as an equity analyst in Hong Yuan Securities, in Beijing, China, concentrating on industrial and public company research and analysis. Mr. Wei is a Certified Public Accountant and received his MBA from the University of Maryland and a Master of Business Taxation from the University of Minnesota. Mr. Wei also holds a Master in Business degree from Tsinghua University and a Bachelor degree from Beihang University. Mr. Wei currently is a member of the Board Directors of Amarantus Bioscience Holdings, Inc., a biotech company.
The Company has not entered into any compensation arrangements with Mr. Wei. Mr. Wei is presently compensated by SeD Development Management LLC, which is an affiliate of Singapore eDevelopment, Ltd, the Company’s majority shareholder, at no cost to the Company.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On March 10, 2017, the Board of Directors of the Company approved a change of the Company’s fiscal year end from January 31st to December 31st, effective for the current fiscal year. The Company will file a transition report on Form 10-KT to cover the transition period of February 1, 2016 to December 31, 2016.
Item 8.01 Other Events.
On March 10, 2017, the Company changed its address to:4800 Montgomery Lane, Suite 210, Bethesda, MD 20814.
About Homeownusa (OTCMKTS:HMUS)
HOMEOWNUSA is a shell company. The Company is in the process of evaluating new business opportunities. The Company was organized to enter into the home equity lease/rent to own business. As of January 31, 2016, the Company had not generated any revenue from its business operations. Homeownusa (OTCMKTS:HMUS) Recent Trading Information
Homeownusa (OTCMKTS:HMUS) closed its last trading session at 0.0000 with shares trading hands.
HOMEOWNUSA is a shell company. The Company is in the process of evaluating new business opportunities. The Company was organized to enter into the home equity lease/rent to own business. As of January 31, 2016, the Company had not generated any revenue from its business operations. Homeownusa (OTCMKTS:HMUS) Recent Trading Information
Homeownusa (OTCMKTS:HMUS) closed its last trading session at 0.0000 with shares trading hands.
