MED SPA VACATIONS INC. filed 10-Q

MED SPA VACATIONS INC. filed 10-Q with SEC. Read ‘s full filing at 000164033419001631.

On June 20, 2019, Chao Ma, the controlling stockholder of Med Spa Vacations, Inc., a Nevada corporation (the ‘Company’), closed stock purchase and sale transactions pursuant to which he sold an aggregate of 10,000,000 restricted shares (the ‘Shares’) of the Company’s common stock, $0.001 par value per share (the ‘Common Stock’), to certain purchasers (the ‘Purchasers’) at a purchase price of $0.035 per share, or an aggregate purchase price of $350,000. One of the Purchasers, Kynson Health Limited, a BVI entity (the ‘Majority Purchaser’), purchased 9,985,329 of the Shares (the ‘Majority Shares’) for an aggregate purchase price of approximately $349,486 (the ‘Change of Control Transaction’). Kynson Health Limited is owned 100% by OuYang XingYing, who was appointed as the Company’s sole officer and director upon the closing of the Change of Control Transaction. The Majority Purchaser used working capital to acquire the Majority Shares. The Majority Shares purchased by the Majority Purchaser represented approximately 69.6% of the Company’s issued and outstanding shares of Common Stock as of the date of the closing of the Change of Control Transaction. Therefore, the Change of Control Transaction resulted in a change in control of the Company.

On August 22, 2017, each of Blaine Redfern and Morgan Powell, the controlling stockholders of the Company entered into and closed stock purchase and sale transactions pursuant to which they each sold 5,000,000 restricted shares of the common stock, $0.001 par value per share (the ‘Common Stock’), of the Company, or, in the aggregate, 10,000,000 shares (the ‘Shares’) of the Common Stock being all of the outstanding restricted common stock of the Company, to Mr. Chao Ma. These transactions were completed at a price per share of $0.030320, for an aggregate amount of $303,200, pursuant to the terms of a securities purchase agreement. The Shares represent approximately 69.7% of the Company’s issued and outstanding common stock, all of which is voting common stock, as of the closing.

On June 20, 2019, Chao Ma, the controlling stockholder of the Company, closed stock purchase and sale transactions pursuant to which he sold an aggregate of 10,000,000 restricted shares of the Company’s common stock, $0.001 par value per share , to certain purchasers at a purchase price of $0.035 per share, or an aggregate purchase price of $350,000. One of the Purchasers, Kynson Health Limited, a BVI entity (the ‘Majority Purchaser’), purchased 9,985,329 of the Shares (the ‘Majority Shares’) for an aggregate purchase price of approximately $349,486 (the ‘Change of Control Transaction’). Kynson Health Limited is owned 100% by OuYang XingYing, who was appointed as the Company’s sole officer and director upon the closing of the Change of Control Transaction. The Majority Purchaser used working capital to acquire the Majority Shares. The Majority Shares purchased by the Majority Purchaser represented approximately 69.6% of the Company’s issued and outstanding shares of common stock as of the date of the closing of the Change of Control Transaction. Therefore, the Change of Control Transaction resulted in a change in control of the Company.

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