ZHOU Dehang, DU Xin, MA Zumin, QU Shuo, WANG Wei, YUE Zhongjie, YUN Boyuan, BAI Huijie, CHANG Cuixia, DONG liansheng, GAO Wanrong, HE Jianjun, HU Jiangyan, JI Zhenzhong, LI Chuanfeng, LIU Yan, MEI Liangping, PENG Rensheng, SUN Li, TIAN Zhonglin, WANG Shenglin, WANG Yaobo, XIE Wenkui, XU Hua, XU Huiping, YAO Xueli, YAN Fengxia, ZHOU Meishu, ZHONG Zhujun and ZHANG Lingyun acquired 78.9% stake in Bylog Group Corp. from Dmitrii Iaroshenko for $0.42 million.
July 08, 2018
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ZHOU Dehang, DU Xin, MA Zumin, QU Shuo, WANG Wei, YUE Zhongjie, YUN Boyuan, BAI Huijie, CHANG Cuixia, DONG liansheng, GAO Wanrong, HE Jianjun, HU Jiangyan, JI Zhenzhong, LI Chuanfeng, LIU Yan, MEI Liangping, PENG Rensheng, SUN Li, TIAN Zhonglin, WANG Shenglin, WANG Yaobo, XIE Wenkui, XU Hua, XU Huiping, YAO Xueli, YAN Fengxia, ZHOU Meishu, ZHONG Zhujun and ZHANG Lingyun signed a stock purchase agreement to acquire 78.9% stake in Bylog Group Corp. (OTCPK:BYLG) from Dmitrii Iaroshenko for $0.42 million on July 6, 2018. A total of 9 million shares will be transferred as part of the deal. At the closing, Dmitrii Iaroshenko shall assume liability for any remaining accounts payable and accrued expenses and any unpaid sales and income tax relating to Bylog. ZHOU Dehang, DU Xin, MA Zumin, QU Shuo, WANG Wei, YUE Zhongjie, YUN Boyuan, BAI Huijie, CHANG Cuixia, DONG liansheng, GAO Wanrong, HE Jianjun, HU Jiangyan, JI Zhenzhong, LI Chuanfeng, LIU Yan, MEI Liangping, PENG Rensheng, SUN Li, TIAN Zhonglin, WANG Shenglin, WANG Yaobo, XIE Wenkui, XU Hua, XU Huiping, YAO Xueli, YAN Fengxia, ZHOU Meishu, ZHONG Zhujun and ZHANG Lingyun will acquire 43.4%, 3.15%, 3.15%, 3.15%, 3.15%, 3.15%, 3.15%, 0.71%, 0.71%, 0.71%, 0.71%, 0.71%, 0.72%, 0.73%, 0.75%, 0.72%, 0.71%0.72%, 0.73%, 0.74%, 0.71%, 0.74%, 0.72%, 0.73%, 0.73% and 0.71% stake in Bylog Group respectively. The source of the cash consideration for the shares was personal funds of the purchasers.
Upon the change of control of Bylog Group, the existing Director and Officer resigned immediately. Accordingly, Dmitrii Iaroshenko, serving as the sole Director and as the only Officer, ceased to be the Bylog’s President, Treasurer, Secretary and Director. At the effective date of the transfer, Dehang ZHOU has consented to act as the new President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and Chairman of the Board of Directors of Bylog. McMurdo Law Group, LLC acted as escrow agent for the transaction.
ZHOU Dehang, DU Xin, MA Zumin, QU Shuo, WANG Wei, YUE Zhongjie, YUN Boyuan, BAI Huijie, CHANG Cuixia, DONG liansheng, GAO Wanrong, HE Jianjun, HU Jiangyan, JI Zhenzhong, LI Chuanfeng, LIU Yan, MEI Liangping, PENG Rensheng, SUN Li, TIAN Zhonglin, WANG Shenglin, WANG Yaobo, XIE Wenkui, XU Hua, XU Huiping, YAO Xueli, YAN Fengxia, ZHOU Meishu, ZHONG Zhujun and ZHANG Lingyun completed the acquisition of 78.9% stake in Bylog Group Corp. (OTCPK:BYLG) from Dmitrii Iaroshenko on July 9, 2018.
Bylog Group Corp. is a development stage company, which is engaged in the business of Web development and online advertising. The Company focuses on setting up a Web-platform for people willing to deliver services in design. Its Internet platform allows Web designers to place and promote their portfolio and a description of their professional competences and services. These portfolios can be presented on its Web platform in the form of landing pages with any interface and programming code. The Web-platform is planned to be a micro-job service for any professional or an amateur interested in delivering services regarding advertisement, index poster design to video production. It has developed Java programming codes for the client's landing page according to the first service agreement and developed hyper text markup language (HTML5) programming code for the client's Webpage according to the second service agreement. The Company conducts its operations in People's Republic of China.
ZHOU Dehang, DU Xin, MA Zumin, QU Shuo, WANG Wei, YUE Zhongjie, YUN Boyuan, BAI Huijie, CHANG Cuixia, DONG liansheng, GAO Wanrong, HE Jianjun, HU Jiangyan, JI Zhenzhong, LI Chuanfeng, LIU Yan, MEI Liangping, PENG Rensheng, SUN Li, TIAN Zhonglin, WANG Shenglin, WANG Yaobo, XIE Wenkui, XU Hua, XU Huiping, YAO Xueli, YAN Fengxia, ZHOU Meishu, ZHONG Zhujun and ZHANG Lingyun acquired 78.9% stake in Bylog Group Corp. from Dmitrii Iaroshenko for $0.42 million.