To all concerned,
Company Name: ReelCause, Incorporated
Representative: Yung S Kim, CFO
Inquiries: 3305 West Spring Mountain Road #7
Las Vegas, Nevada 89102 USA
(702) 405-6880
Announcement regarding a change of our largest shareholder that is a major shareholder
This is to inform you as follows that there was a change of our company’s largest shareholder that is a major shareholder as of September 6, 2017.
Record
- Background of the change
There was a report from our company’s CEO, James Ford, has transferred 29,342,800 shares of the company stock held by him to Woo Duck Lee. As a result, there was a change of our company’s largest shareholder that is a major shareholder.
- Summary of shareholder changes
- Summary of the shareholder that will no longer fall under the category of the largest shareholder that is a major shareholder
Name | James Ford |
Address | Las Vegas, Nevada USA |
Relationship to ReelCause, Inc. | CEO |
- Summary of the shareholder that will newly fall under the category of the largest shareholder that is a major shareholder
Name | Woo Duck Lee |
Address | Suwan, South Korea |
Relationship to ReelCause, Inc. | Major Stockholder |
- The number of voting right owned (number of shares held) by said shareholder and the percentage with respect to the number of voting rights of all shareholders before and after the transfer
James Ford | Number of voting rights (number of shares held) | Percentage with respect to the number of voting rights of all shareholders * | Major shareholder ranking |
Before the change (as of September 6, 2017) | 29,342,800 | 47.154% | No. 1 |
After the change | 0 | 0 | N/A |
Woo Duck Lee | Number of voting rights (number of shares held) | Percentage with respect to the number of voting rights of all shareholders * | Major shareholder ranking |
Before the change (as of September 6, 2017) | 0 | 0% | N/A |
After the change | 29,342,800 | 47.154% | No. 1 |
⃰ Number of shares deducted from the total number of shares issued as shares without voting rights 29,342,800 shares. Total number of shares issued and outstanding as of September 6, 2017, 62,227,646 shares.
With regard to the ranking of major shareholders after the change, it is assumed that this change will be reflected by our company based on the register of shareholders as of September 6, 2017.
Future Forecast
This change will not affect other matters such as our company’s business performance.