MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Completion of Acq

Item 2.01 Completion of Acquisition or Disposition of Assets On November 6, 2009 (the "Closing Date"), pursuant to a Stock Exchange and Reorganization Agreement (the "Agreement"), dated as of October 22, 2009, by and among MBPI, Tianwei International Development Corporation, an Oregon Corporation ("TIDC"), CAOPU Enterprise Limited, a company organized under the laws of the British Virgin Islands ("Caopu"), London Financial Group Ltd., a company organized under the laws of the British Virgin Islands ("LFG"), Phoebus Vision Investment Developing Group, Ltd., a company organized under the laws of the British Virgin Islands ("Phoebus"), and Timothy Lightman ("TL"), MBPI acquired all of the issued and outstanding capital stock of TIDC. Pursuant to the Agreement, MBPI issued an aggregate of 1,543,500 shares of common stock of MBPI with a par value of $0.0001 per share (the"MBPI Common Stock") to Caopu, LFG and Phoebus in exchange (the "Share Exchange") for all of the issued and outstanding shares of TIDC owned by each of CAOPU, LFG and Phoebus. The shares of MBPI Common Stock were issued pursuant to the exemption from registration provided under Section 4(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 506 promulgated thereunder. Pursuant to the Agreement, TL, the owner of 975,000 shares of MBPI Common Stock ("TL's MBPI Shares"), representing approximately 93% of the 1,046,500 issued and outstanding shares of MBPI Common Stock, delivered to MBPI for cancellation a stock certificate or stock certificates representing 875,000 of TL's MBPI Shares (the "Cancellation"). On November 5, 2009, pursuant to a separate Assignment and Assumption Agreement by and between MBPI and TL, MBPI sold to TL all of the assets of MBPI and TL assumed all the liabilities of MBPI (the "Asset Sale"). Our board of directors (the "Board") as well...
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MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acqui

Item 2.01 Completion of Acquisition or Disposition of Assets On November 6, 2009 (the "Closing Date"), pursuant to a Stock Exchange and Reorganization Agreement (the "Agreement"), dated as of October 22, 2009, by and among MBPI, Tianwei International Development Corporation, an Oregon Corporation ("TIDC"), CAOPU Enterprise Limited, a company organized under the laws of the British Virgin Islands ("Caopu"), London Financial Group Ltd., a company organized under the laws of the British Virgin Islands ("LFG"), Phoebus Vision Investment Developing Group, Ltd., a company organized under the laws of the British Virgin Islands ("Phoebus"), and Timothy Lightman ("TL"), MBPI acquired all of the issued and outstanding capital stock of TIDC. Pursuant to the Agreement, MBPI issued an aggregate of 1,543,500 shares of common stock of MBPI with a par value of $0.0001 per share (the"MBPI Common Stock") to Caopu, LFG and Phoebus in exchange (the "Share Exchange") for all of the issued and outstanding shares of TIDC owned by each of CAOPU, LFG and Phoebus. The shares of MBPI Common Stock were issued pursuant to the exemption from registration provided under Section 4(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 506 promulgated thereunder. Pursuant to the Agreement, TL, the owner of 975,000 shares of MBPI Common Stock ("TL's MBPI Shares"), representing approximately 93% of the 1,046,500 issued and outstanding shares of MBPI Common Stock, delivered to MBPI for cancellation a stock certificate or stock certificates representing 875,000 of TL's MBPI Shares (the "Cancellation"). On November 5, 2009, pursuant to a separate Assignment and Assumption Agreement by and between MBPI and TL, MBPI sold to TL all of the assets of MBPI and TL assumed all the liabilities of MBPI (the "Asset Sale"). Our board of directors (the "Board") as well...
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MOBILE PRESENCE TECHNOLOGIES INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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MOBILE PRESENCE TECHNOLOGIES INC. Financials

PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue -   -   -   -  Cost of Revenue -   -   -   -  Gross Profit -   -   -   -  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative2  2  2  10  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(2)(2)(2)(10)Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -   -  Earnings Before Interest And Taxes(2)(2)(2)(10)Interest Expense -   -   -   -  Income Before Tax(2)(2)(2)(10)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(2)(2)(2)(10)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of...
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MOBILE PRESENCE TECHNOLOGIES INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. R...
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MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 10-Q, Quarterly Report

ITEM 2 MANAGEEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION Management's Discussion and Analysis contains statements that are forward-looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of various factors. OVERVIEW We are in a developmental stage and have not begun meaningful business operations. Our operating expenses consist primarily of the cost of regulatory compliance. Implementing our planned business operation is dependant on the effectiveness of this registration statement and our ability to raise between $1million and $3million of additional capital after all offering expenses paid to a placement agent, attorneys, accountant's and the like. Our plan is to utilize such capital we raise as follows: Recent general economic developments have made it more difficult to raise funding for start up ventures and the likelihood of our raising the foregoing funds has been reduced. INFLATION If we become operational, inflation can be expected to have an impact on our operating costs. A prolonged period of inflation could cause a general economic downturn and negatively impact our results. SEASONALITY If we become operational, we do not believe that our business will be seasonal to any material degree. Recent Accounting Pronouncements In June 2003, the Securities and Exchange Commission adopted final rules under Section 404 of the Sarbanes-Oxley Act of 2002. Commencing with our annual report for the year ended September 30, 2008, we will be required to include a report of management on our internal control over financial reporting. The internal control report must include a statement. § of management's responsibility for establishing and maintaining adequate internal control over our financial reporting; § of management's assessment of the effectiveness of our inte...
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MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION Management's Discussion and Analysis contains statements that are forward-looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of various factors. OVERVIEW We are in a developmental stage and have not begun meaningful business operations. Our operating expenses consist primarily of the cost of regulatory compliance. Implementing our planned business operation is dependant on the effectiveness of this registration statement and our ability to raise between $1million and $3million of additional capital after all offering expenses paid to a placement agent, attorneys, accountant's and the like. Our plan is to utilize such capital we raise as follows: Recent general economic developments have made it more difficult to raise funding for start up ventures and the likelihood of our raising the foregoing funds has been reduced. INFLATION If we become operational, inflation can be expected to have an impact on our operating costs. A prolonged period of inflation could cause a general economic downturn and negatively impact our results. SEASONALITY If we become operational, we do not believe that our business will be seasonal to any material degree. Recent Accounting Pronouncements In June 2003, the Securities and Exchange Commission adopted final rules under Section 404 of the Sarbanes-Oxley Act of 2002. Commencing with our annual report for the year ended September 30, 2008, we will be required to include a report of management on our internal control over financial reporting. The internal control report must include a statement. § of management's responsibility for establishing and maintaining adequate internal control over our financial reporting; § of management's assessment of the effectiveness of our int...
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MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 10-Q, Quarterly Report

ITEM 2 MANAGEEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION Management's Discussion and Analysis contains statements that are forward-looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of various factors. OVERVIEW We are in a developmental stage and have not begun meaningful business operations. Our operating expenses consist primarily of the cost of regulatory compliance. Implementing our planned business operation is dependant on the effectiveness of this registration statement and our ability to raise between $1million and $3million of additional capital after all offering expenses paid to a placement agent, attorneys, accountant's and the like. Due to recent changes in general financial conditions, it is less likely that we will be successful in our fundraising efforts. Our plan is to utilize such capital we raise as follows: INFLATION If we become operational, inflation can be expected to have an impact on our operating costs. A prolonged period of inflation could cause a general economic downturn and negatively impact our results. SEASONALITY If we become operational, we do not believe that our business will be seasonal to any material degree. Recent Accounting Pronouncements In June 2003, the Securities and Exchange Commission adopted final rules under Section 404 of the Sarbanes-Oxley Act of 2002 ("Section 404"), as amended by SEC Release No. 33-8934 on June 26, 2008. Commencing with our annual report for the year ended September 30, 2010, we will be required to include a report of management on our internal control over financial reporting. The internal control report must include a statement. ? of management's responsibility for establishing and maintaining adequate internal control over our financial reporting; ? ...
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MOBILE PRESENCE TECHNOLOGIES INC. Files SEC form 10-K, Annual Report

Show all filings for MOBILE PRESENCE TECHNOLOGIES INC. | Request a Trial to NEW EDGAR Online Pro Form 10-K for MOBILE PRESENCE TECHNOLOGIES INC. 14-Jan-2009Annual Report Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes o...
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