3//SEC Filing
Lunar Growth CORP 3
Accession 0001144204-11-028229
CIK 0001381806operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 5:08 PM ET
Size
5.1 KB
Accession
0001144204-11-028229
Insider Transaction Report
Form 3
Well Affluent Ltd
10% Owner
Holdings
- 66,284,443
Ordinary Shares
Footnotes (2)
- [F1]As of the date hereof, Well Affluent Limited is the record holder of 8,285,554 ordinary shares of the issuer, although the issuer is obligated to issue Well Affluent Limited an additional 57,998,889 ordinary shares of the issuer as soon as the issuer increases its authorized ordinary shares. Mr. Tie Wang is sole director of Well Affluent Limited and the holder of 100% of the ordinary shares of Well Affluent Limited.
- [F2]Mr. Wang has granted Jiafu Guo an option to purchase up to 100% of the ordinary shares of Well Affluent Limited (the "Call Option Shares") at a price of $0.0001 per share upon certain conditions being met, in two tranches of 50% each. Such conditions are as follows: (i) Chongqing Jiafu Health Industry Co., Ltd. and its subsidiaries achieving after-tax net income of at least US$2 million as determined under U.S. GAAP for the fiscal year ended June 30, 2011, and (ii) Chongqing Jiafu Health Industry Co., Ltd. and its subsidiaries achieving after-tax net income of at least US$4 million as determined under U.S. GAAP for the fiscal year ended June 30, 2012. Mr. Wang has also granted Mr. Guo the exclusive, immediate and irrevocable right to vote and dispose of the Call Option Shares and to appoint and elect the directors of Well Affluent Limited.
Documents
Issuer
Lunar Growth CORP
CIK 0001381806
Entity typeoperating
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001381806
Filing Metadata
- Form type
- 3
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 5:08 PM ET
- Size
- 5.1 KB