PETRICHOR CORP. (OTCMKTS:PTRR) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant.
On March 10, 2017, as a result of a private transaction, the
control block of voting stock of this company, represented by
65,000 shares of common stock (the Shares), has been transferred
from Chun-Hao Chang to Hao Fa Chang, and a change of control of
Petrichor Corp. (the Company) has occurred. The consideration
paid for the Shares, which represent 69% of the issued and
outstanding share capital of the Company on a fully-diluted
basis, was $200,000. The source of the cash consideration for the
Shares was personal funds of Hao Fa Chung. In connection with the
transaction, Chun-Hao Chang released the Company from all
accounts payable and loans due to related parties of $27,914.
There are no arrangements or understandings among members of both
the former and new control persons and their associates with
respect to the election of directors of the Company or other
matters. The information set forth in Item 5.02 of this Form 8-K
is incorporated by reference into this Item 5.01.
Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain officers;
Compensatory Arrangements of Certain Officers.
Upon the change of control of the Company, which occurred on
March 10, 2017, the existing directors and officer resigned
immediately. Accordingly, Chun-Hao Chang, serving as a director
and as an officer, ceased to be the Companys Chief Executive
Officer. Also, Mei-Chun Lin, serving as a director and as an
officer, ceased to be the Companys Principal Accounting Officer.
At the effective date of the transfer, Hao Fa Chang assumed the
role as Chairman of the Board of Directors and President, Chief
Executive Officer, Principal Officer, and Treasurer of the
Company.
Hao Fa Chang, age 40, was a sales associate and insurance broker
at Golden Insurance Brokers based in Kaohsiung Taiwan, from 2009
to the present. Hao Fa Chang graduated from Hsing Wu University
and majored in management.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Resignation and appointment of officer and directors. |
About PETRICHOR CORP. (OTCMKTS:PTRR)
Petrichor Corp. is a development-stage company. The Company is an online-only translation company. The Company was formed to commence operations in the business of Web-based human translation. As of May 31, 2016, the Company had developed its business plan and registered a domain name for its Website. The Company focuses on providing on-demand human-translation services to businesses, individuals, and enterprises. The Company’s concept would allow anyone having a mobile device or computer and access to the Internet to send it documents for translation from different languages. PETRICHOR CORP. (OTCMKTS:PTRR) Recent Trading Information
PETRICHOR CORP. (OTCMKTS:PTRR) closed its last trading session at 0.0000 with shares trading hands.
