Stark Focus Group changes control; MJG Polo acquires 83.43% for $355K; board and management replaced
Stark Focus Group, Inc.
MJG Polo LLC purchased 8,300,000 shares (83.43%) from Compass North Holdings for $355,000; closed June 25, 2026.
Cao Zhi Fen resigned as director, president, CEO, treasurer, secretary; David I. Rosenberg appointed Chairman, John Lipman appointed CEO/CFO and director.
New leadership from Lucid Capital Markets (Rosenberg co-CEO, Lipman Head of Capital Markets) with extensive SPAC and investment banking experience.
Company rep says it has had no material assets, employees, or business since May 2023; only existing indebtedness from promissory notes and convertible notes.
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
Appointed
John Lipman
Chief Executive Officer and Chief Financial Officer
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Cao Zhi Fen resigned as Chief Executive Officer at Stark Focus Group, Inc..
Action
resigned
Role
Chief Executive Officer
Exact text from the filing
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
David I. Rosenberg was appointed as Chairman of the Board at Stark Focus Group, Inc..
Action
appointed
Role
Chairman of the Board
Exact text from the filing
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
John Lipman was appointed as Chief Executive Officer and Chief Financial Officer at Stark Focus Group, Inc..
Action
appointed
Role
Chief Executive Officer and Chief Financial Officer
Exact text from the filing
the Board accepted the resignation of Cao Zhi Fen as the director, president, Chief Executive Officer, treasurer and secretary of the Company, and concurrently appointed Mr. David I. Rosenberg as a director and the Chairman of the Board and Mr. John Lipman as the Chief Executive Officer, Chief Financial Officer and director of the Company, each effective as of the Closing and until their earlier death, disqualification, resignation or removal.
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