Wednesday, April 14, 2010

IDCX - Chart of The Day











IDCX was recently purchased for $300,000. The stock has been trading up in hopes a viable company will come into the shell.


Item 1.01.
Entry into a Material Definitive Agreement
On April 5, 2010, iDcentrix, Inc. (the “Company”) entered into a Common Stock Purchase Agreement (the “Purchase Agreement”) by and among Tsoi Tik Man (the “Buyer”), Belmont Partners, LLC, a Virginia limited liability company (the “Seller”), and the Company. Pursuant to the terms of the Purchase Agreement, on April 5, 2010 (the “Closing Date”), the Buyer acquired from the Seller 36,688,800 shares (the “Purchased Stock”), or approximately 53.81%, of the issued and outstanding common stock of the Company. In consideration for the sale of the Purchased Stock, the Buyer paid the Seller $300,000 and the Company agreed to issue to the Seller shares of its common stock (the “Issued Stock”) such that the Seller will own 10% of the issued and outstanding capital stock of the Company after the closing of a merger transaction with an as of yet unidentified target corporation contemplated by the Purchase Agreement. Pursuant to the terms of the Purchase Agreement, the then current officer and director of the Company resigned on the Closing Date and the Buyer was named as the sole officer and director of the Company. Such resignation and appointment were effective as of the Closing Date with respect to the officer of the Company. The resignation of the current director and the naming of the Buyer as a director will take effect on the tenth day following the mailing by the Company of an information statement that complies with the requirements of Section 14f-1 of the Securities Exchange Act of 1934. Joseph J. Meuse, the former President and Secretary and a current director of the Company, is a managing member of the Seller. A copy of the Purchase Agreement is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. All references to the Purchase Agreement are qualified in their entirety by the text of such exhibit.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7180083

No comments: