General Aircraft Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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General Sales and Leasing Inc Announces Changes In Control Of Registrant-Form 8-K
General Sales and Leasing Inc reported in its Form 8-K that on October 8, 2013, pursuant to a prior arrangement, Ian Johnson transferred 100,000,000 of his shares of common stock to Oxbridge Technology Partners for a total purchase price of $500. The source of the consideration paid to Ian Johnson was the existing funds of Oxbridge Technology Partners. As a result of the transaction, Oxbridge Technology Partners owns 74% of the issued and outstanding common stock of company and a change of control has occurred. There were no arrangements or understandings among Ian Johnson and Oxbridge Technology Partners or their respective associates with respect to the election of directors or other matters. There are no arrangements known to the Company, the operation of which may, at a subsequent date, result in a change in control.
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