3//SEC Filing
Lunar Growth CORP 3
Accession 0001144204-11-028234
CIK 0001381806operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 5:11 PM ET
Size
5.1 KB
Accession
0001144204-11-028234
Insider Transaction Report
Form 3
Solid Wise Ltd
10% Owner
Holdings
- 29,747,165
Ordinary Shares
Footnotes (2)
- [F1]As of the date hereof, Solid Wise Limited is the record holder of 3,718,396 ordinary shares of the issuer, although the issuer is obligated to issue Solid Wise Limited an additional 26,028,769 ordinary shares of the issuer as soon as the issuer increases its authorized ordinary shares. Ms. Iwamatsu Reien is the holder of 100% ordinary shares of Solid Wise Limited. Ms. Reien has granted Xiangju Mu an option to purchase up to 100% of the ordinary shares of Solid Wise Limited (the "Call Option Shares") at a price of $0.0001 per share upon certain conditions being met, in two tranches of 50% each.
- [F2]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 US 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 US GAAP for the fiscal year ended June 30, 2012. Pursuant to the terms of the call option, Ms. Reien has granted Ms. Mu the exclusive, immediate and irrevocable right to vote and dispose of the Call Option Shares and to appoint and elect the directors of Solid Wise 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, 5:11 PM ET
- Size
- 5.1 KB