Valmie Resources Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Valmie Resources Inc Announces Acquisition Of 80.1% Of Issued And Outstanding Common Stock By Mr. Khurram Shroff; Announces Management Change - Form 8-K
Valmie Resources Inc reported in its Form 8-K that Mr. Khurram Shroff acquired an aggregate of 3,956,000 shares, or approximately 80.1% of the Company's issued and outstanding common stock (the Shares), from 13 of the Company's shareholders for the aggregate purchase price of $128,200. The acquisition of 3,500,000 of the Shares by Mr. Shroff was governed by the terms of a stock purchase agreement between Mr. Shroff and Mauro Baessato, the Company's former sole officer and director, dated September 6, 2013 (the Stock Purchase Agreement), while the remainder of the Shares were acquired by Mr. Shroff pursuant to separate stock purchase agreements with 12 non-affiliate shareholders. Mr. Shroff paid the purchase price for the Shares in cash from his personal funds. Also at the closing of the Stock Purchase Agreement, Mr. Baessato resigned from all of his officer positions with the Company and Mr. Shroff will be appointed as the President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of the Company.
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