Wincash Apolo Gold & Energy, Inc. (OTCMKTS:APLL) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into Material Agreement.
On December 12, 2017 Wincash Apolo Gold & Energy, Inc. (APLL) and its wholly owned subsidiary, Gain First Group Corporation (“GFG”), entered into a Sole Sales Agency Agreement – South-East Asia (the “Agreement”) with De Lasselle Ltd. De Lasselle is a wine producer with production facilities located in France. Under the terms of the Agreement, GFG will act as De Lasselle’s sole sales agent to distribute its wine in South-East Asia, including Vietnam, Thailand, Malaysia, Indonesia, Cambodia, Myanmar, and Singapore. In consideration for appointment of GFG as De Lasselle’s sole sales agent in South-East Asia, APLL issued 75,000,0000 shares of its common stock to De Lasselle.
Item 3.02 Unregistered Sale of Equity Securities.
On December 12, 2017 the Registrant issued 75,000,000 shares of its common stock to an exemption from registration provided by Section 4(2) of the Securities Act of 1933. The offering was not a public offering as defined in Section 4(2) due to the limited number of persons that received the shares and the manner of the offering. In addition, the Purchaser represented that it had the necessary investment intent as required by Section 4(2) and agreed to and received share certificates bearing a legend that stated that the securities were restricted to Rule 144 of the Securities Act.
The specifics of this transaction are described in Item 1.01 above.
Item 9.01 Exhibits.
Sales Agency Agreement
Wincash Apolo Gold & Energy, Inc. ExhibitEX-10.1 2 apll_ex101.htm SALES AGENCY AGREEMENT apll_ex101.htmEXHIBIT 10.1 SOLE AGENCY AGREEMENT SOUTH-EAST ASIA This agreement is dated the 12th day of December 2017 Among: Party A: De Lassalle Ltd. Party B: Gain First Group Corporation Party C: Wincash Apolo Gold & Energy,…To view the full exhibit click
About Wincash Apolo Gold & Energy, Inc. (OTCMKTS:APLL)
Wincash Apolo Gold & Energy, Inc. is primarily formed for the purpose of acquiring and developing mineral properties. The Company will continue to anticipate mineral property exploration and other energy related investments. The Company does not hold any mineral property exploration claims. The Company continues to pursue opportunities in the natural resource industry and will consider the acquisition of any other business opportunity. The Company has not generated any revenue.