---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-006148"
form_type: "8-K"
ticker: "VEST"
cik: "0001594968"
company_name: "Loan Artificial Intelligence Corp."
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:23:15.552890+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vestiage changes control; Well Profit acquires 84.5% of common for $335k

## Summary
- Small Cap Compliance sold 300,000 shares of Convertible Series D Preferred (100% of class) to Well Profit Holdings for $335,000; Well Profit received 305,000,000 restricted common shares.
- Change in control effective Aug 25, 2023; Well Profit now holds 100% of Series D Preferred and 84.5% of total common shares outstanding.
- Rhonda Keaveney resigned as sole officer and director; Raymond Fu appointed CEO, CFO, Treasurer, and Director; Timothy Lam appointed Secretary.

## SEC filing metadata
- accession: 0001683168-23-006148
- form_type: 8-K
- ticker: VEST
- cik: 0001594968
- company_name: Loan Artificial Intelligence Corp.
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/vestiage_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-006148
- JSON: https://secwatch.observer/filing/0001683168-23-006148.json
- Plain text: https://secwatch.observer/filing/0001683168-23-006148.txt

## Key facts
- Executive change
  Raymond Fu was appointed as CEO, CFO, Treasurer, and Director at Loan Artificial Intelligence Corp..
  - Action: appointed
  - Role: CEO, CFO, Treasurer, and Director
  source text: Raymond Fu as its CEO, CFO, Treasurer, and Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm
- Executive change
  Rhonda Keaveney resigned as Sole Officer and Director at Loan Artificial Intelligence Corp..
  - Action: resigned
  - Role: Sole Officer and Director
  source text: Effective August 25, 2023, the Company accepted the resignation of Rhonda Keaveney as the sole Officer of the Company and as the sole member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm
- Executive change
  Timothy Lam was appointed as Secretary at Loan Artificial Intelligence Corp..
  - Action: appointed
  - Role: Secretary
  source text: Timothy Lam as its Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm
- M&A Transactions
  Loan Artificial Intelligence Corp. underwent a change of control involving Well Profit Holdings Limited for $335,000 (closed 2023-08-23).
  - Action: change of control
  - Counterparty: Well Profit Holdings Limited
  - Consideration: $335,000
  - Closing: 2023-08-23
  source text: shares of Convertible Series D Preferred Stock to Well Profit Holdings Limited and the Company issued 305,000,000 shares of Restricted Common Stock for the purchase price of $335,000. The Agreement was fully executed on August 23, 2023. (See Exhibit 10.2) rofit Holdings Limited and the Company issued 305,000,000 shares of Restricted Common Stock for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm
- Material Agreements
  Loan Artificial Intelligence Corp. entered into Stock Purchase Agreement with Well Profit Holdings Limited valued at $335,000 (effective 2023-05-25).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Well Profit Holdings Limited
  - Value: $335,000
  - Effective: 2023-05-25
  source text: On May 25, 2023, the registrant’s majority shareholder, Small Cap Compliance, LLC, entered into a Stock Purchase Agreement (the “Agreement”) with Well Profit Holdings Limited.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1594968/000168316823006148/0001683168-23-006148-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.