other material
confidence high
sentiment neutral
materiality 0.80
Guangzhe Su acquires 52% of Clancy Corp, appointed CEO and Chairman; Meng resigns as CEO
BRILLIANT N.E.V. CORP.
- Sellers transferred 79,700,000 shares (52.056%) to Guangzhe Su for $50,000; Meng forgave all company debt.
- Xiangying Meng resigned as CEO, President, Chairman; Su appointed Chief Executive Officer and Chairman.
- Meng remains as Chief Financial Officer and director of the company.
- Company to enter two-year consulting agreement with Meng for $189,100.
- Su used personal funds; no compensation agreement for new officer yet.