UBL Interactive, Inc. (OTCMKTS:UBLI) Files An 8-K Changes in Control of Registrant

UBL Interactive, Inc. (OTCMKTS:UBLI) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant.

Story continues below

to a stock purchase agreement (the “Agreement”), by and between William R. Alessi, Jr. (the “Seller”) and Hero Grand Everbright International Limited (the “Purchaser”), on May 2, 2018, the Seller sold (i) 4,175,000 shares of common stock, par value $0.001 per share (the “Common Stock”) of UBL Interactive, Inc. (the “Company”) and (ii)10,000,000 Class A Preferred Shares, par value $0.001 per share, each convertible to 1,000 shares of Common Stock of the Company (the “Preferred Shares”) , subject to certain adjustments, to the Purchaser in consideration for $375,000 in cash from corporate funds of the Purchaser (the “Transaction”). Following consummation of the Transaction, the Purchaser holds 99.6% of the voting securities of the Company, based on 10,041,998,104 shares outstanding as of the date hereof upon conversion of all Preferred Shares. The Transaction has resulted in a change in control of the Company from the Seller to the Purchaser.

Reference is made to the Company’s comprehensive annual report on Form 10-K for the fiscal years ended September 30, 2017, 2016 and 2015; and for the periods ended December 31, 2017, 2016 and 2015, March 31, 2016 and 2017; and June 30, 2016 and 2017; and its amendment, filed with the Securities and Exchange Commission (the “SEC”) on February 2, 2018 and February 27, 2018, respectively, for such information reflecting the Company and its securities that would be required if the Company was filing a general form for registration of securities on Form 10 under the Exchange Act of 1934, as amended.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with the Transaction, William R. Alessi, Jr., the sole officer and director of the Company, resigned from all of his officer positions with the Company, including Chief Executive Officer, President, and Chief Financial Officer, effective immediately upon the consummation of the Transaction but will remain a director of the Company, until ten (10) days following the date on which the Company files a Schedule 14F-1 with the SEC and the mailing of same to the holders of record of the Company, in connection with the Transaction.

Ling Gui was appointed as the Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company, effective immediately upon the consummation of the Transaction. Ms. Gui, 56, has been the President of Hidetaka Nano Technology Corporation since 2017. Prior to that, she was the financial director of Shenzhen Energy Holding Co., Ltd. from 2010 to 2016. She was the officer manager of Chaozhou Xinshidai Hospital from 2008 to 2010 and Southern Mechanical Construction Corporation, Changsha Branch from 2004 to 2008. Ms. Gui graduated Wuhan Employee Medical School. She started her career as an obstetrician at Huangmei County Chinese Medicine Hospital, where she worked from 1982 to 2004.

Ms. Gui is not currently compensated for serving in any of her positions as an officer or director of the Company. There is no family relationship among any of our directors or executive officers. There have been no transactions regarding Ms. Gui that are required to be disclosed to Item 404(a) of Regulation S-K.


About UBL Interactive, Inc. (OTCMKTS:UBLI)

UBL Interactive, Inc. provides a set of online identity management tools and services to businesses seeking to manage their presence in location-based search results, such as name, address, phone number and profile information on Web, mobile and social platforms. The Company’s products include Listing Syndication, and Analytics and Reputation Management. It markets its services under the product brand name of Universal Business Listing and UBL, and operates in part through the Website www.UBL.org. Through its Website, it offers a centralized platform for businesses to manage their online profile information and distribute listing data to over 300 search engines, directory publishers, social networks and mobile services. Its service provides a method for ensuring the distribution of individual business listing data across local Web directories, search engines, mobile applications and other sources of local listings data.

An ad to help with our costs