PARAMOUNT SUPPLY, INC. (OTCMKTS:PRRT) Files An 8-K Changes in Control of Registrant

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PARAMOUNT SUPPLY, INC. (OTCMKTS:PRRT) Files An 8-K Changes in Control of Registrant
Item 5.01.  Changes in Control of Registrant

On March 18, 2017, Artis Jansons, an officer and director and majority shareholder sold 4,000,000 common shares to Tongqing Bao, a non-affiliate of the registrant, paid from Mr. Bao’s personal funds resulting in a change of control of the registrant.  The stock was transferred to Mr Bao effective May 16, 2017.  The 4,000,000 common shares represent 80% of the currently issued and outstanding stock of the registrant.

Mr. Jansons has remained as an officer and director of the registrant.   The parties have an understanding that Mr. Jansons shall continue to act as an officer and director until the registrant enters into a definitive agreement which changes the direction of the registrant’s operations.  As of the date of this Form 8-K, the registrant has not entered into any such definitive agreement.


About PARAMOUNT SUPPLY, INC. (OTCMKTS:PRRT)

Paramount Supply Inc is start-up company. The Company is engaged in the business of marketing and distributing ladies fashion handbags products. The Company focuses on ladies fashion handbags under forms, including designer ladies leather fashion handbags, colorful fashion lady cotton leisure shoulder handbags, eco bags, non-woven tote bags, shopping bags, attractive casual bags, zipped trapeze designer fashion handbags, designer vintage leather ladies handbags and ladies messenger fashion handbags. The Company focuses on marketing its products through fashion trade shows.

PARAMOUNT SUPPLY, INC. (OTCMKTS:PRRT) Recent Trading Information

PARAMOUNT SUPPLY, INC. (OTCMKTS:PRRT) closed its last trading session at 0.0000 with shares trading hands.