Tianci issues 8M shares to CEO's affiliate, giving it 66.2% control; also sells 445K shares to directors

Tianci International, Inc.

On Jan 19, sold 445,109 shares at $1 each to five board members; partly to settle $220,909 loan from Zhigang Pei, partly for unpaid compensation.
Issued 8,000,000 common shares to RQS Capital Ltd. upon conversion of 80,000 Series A Preferred shares.
After conversion, RQS Capital (chaired by CEO Shufang Gao) holds 9.5M shares, or 66.2% of 14,348,590 total outstanding.
Shares issued under private placement exemption (Section 4(a)(2) and Regulation S).
No underwriter.

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