SELLING SECURITY HOLDERS
The following table sets forth information concerning the selling security
holders including:
o the number of shares owned by each shareholder prior to this offering;
o the total number of shares that are to be offered for each shareholder;
and
o the total number of shares and the percentage of stock that will be
owned by each shareholder upon completion of the offering.
All costs, expenses and fees in connection with the registration of the
selling stockholders' shares will be borne by us. All brokerage commissions,
if any attributable to the sale of shares by selling stockholders will be
borne by such holders.
The offered shares of common stock may be offered from time to time by each
of the selling security holders named below. However, the selling security
holders are under no obligation to sell all or any portion of the shares of
common stock offered, neither are the selling security holders obligated to
sell such shares of common stock immediately under this prospectus, and
therefore, no accurate forecast can be made as to the number of securities
that will be held by the shareholders upon completion of this offering. We
believe that the selling security holders listed in the table have sole
voting and investment powers with respect to the securities indicated. None
of the selling security holders are broker-dealers or affiliates of broker-
dealers.
None of the selling security holders has held any position or office with us,
except as specified in the following table. Other than the relationships
described below, none of the selling security holders had or have any
material relationship with us.
Shares Owned Prior Shares Owned After
No. of to the Offering the Offering
Selling No. of Shares ------------------- -------------------
Stockholders Offered Number Percentage Number Percentage
---------------------- ------------- ------------------- -------------------
Waywood Investment Ltd. 750,000 750,000 4.04% - -
Great Admirer Limited 4,250,000 17,601,002 94.81% 13,351,002 71.92%
Fouzi Abousnnouga 600 600 - - -
Shaun Ashmead 600 600 - - -
David Baker 600 600 - - -
Nicholas Baker 600 600 - - -
Emma Baker 600 600 - - -
Sarah Barrett 600 600 - - -
Debra Bartlett 600 600 - - -
Gareth Beckett 600 600 - - -
Christine Boyland 600 600 - - -
Christopher Bridgman 600 600 - - -
Robert Brimfield 600 600 - - -
Gary Britton 600 600 - - -
Ian Brown 600 600 - - -
Kathleen Burge 600 600 - - -
Mark Burge 600 600 - - -
Donna Burton 600 600 - - -
Jeff Byrne 600 600 - - -
Denise Cake 600 600 - - -
John Chivers 600 600 - - -
Sharon Cole 600 600 - - -
Jeffrey Coleman 600 600 - - -
Nicola Cook 600 600 - - -
Paul Cooper 600 600 - - -
Jack Cotter 600 600 - - -
Elaine Cox 600 600 - - -
Lisa Cullum 600 600 - - -
Edward Cushen 600 600 - - -
Robert Daniel 600 600 - - -
David Daniels 600 600 - - -
Andrea Patricia Davies 600 600 - - -
Jonathan Mark Davies 600 600 - - -
Lisa Davies 600 600 - - -
Lee Baines Davies 600 600 - - -
Paul Davies 600 600 - - -
Andrew Davies 600 600 - - -
Lorna Davies 600 600 - - -
Paula Davies 600 600 - - -
Mark Denholme 600 600 - - -
William Dobbs 600 600 - - -
Wendy Dolloway 600 600 - - -
Craig Drew 600 600 - - -
Tina Dunstan 600 600 - - -
Timothy Edwards 600 600 - - -
Suzanne Edwards 600 600 - - -
Viviane Elliott 600 600 - - -
Dawn Evans 600 600 - - -
Michelle Evans 600 600 - - -
Simon Ford 600 600 - - -
Mandy Gabb 600 600 - - -
Denise Garner 600 600 - - -
John Gibbon 600 600 - - -
Christine Gunter 600 600 - - -
Helen Haines 600 600 - - -
Derwyn Hanney 600 600 - - -
Lynne Harrhy 600 600 - - -
Lisa Harris 600 600 - - -
Leeanne Harwood 600 600 - - -
Lesley Hawkins 600 600 - - -
Anthony Hayes 600 600 - - -
Barrie Hill 600 600 - - -
Diane Hodge 600 600 - - -
Wayne Hooper 600 600 - - -
Amenda Hopkins 600 600 - - -
Owain Carter Horne 600 600 - - -
Robin Hough 600 600 - - -
Grant Howe 600 600 - - -
Clair Howells 600 600 - - -
Jayne Howells 600 600 - - -
Tania Jay 600 600 - - -
John Jenkins 600 600 - - -
Robert Jones 600 600 - - -
Lawrence Jones 600 600 - - -
Gerwyn Jones 600 600 - - -
Helen Jones 600 600 - - -
Philip Jones 600 600 - - -
Darryl Jones 600 600 - - -
Irene Jones 600 600 - - -
Philip Jones 600 600 - - -
Meryl Kay 600 600 - - -
Dawn Leadbeater 600 600 - - -
Andrew Lewis 600 600 - - -
Jacalyn Lewis 600 600 - - -
James Zhen Liu 600 600 - - -
Tracey Llewellyn 600 600 - - -
Sara Lloyd 600 600 - - -
David Lloyd 600 600 - - -
Steve Mann 600 600 - - -
Deborah Manning 600 600 - - -
Lorna Matthews 600 600 - - -
Elvira McDonald 600 600 - - -
William Minney 600 600 - - -
Andrew Morgan 600 600 - - -
Keith Morris 600 600 - - -
Saad Naimi 600 600 - - -
Stephen Northeast 600 600 - - -
Christopher Nye 600 600 - - -
Michael O'Shea 600 600 - - -
Mary Oliver 600 600 - - -
Daryl Palmer 600 600 - - -
Stephen Parkin 600 600 - - -
Richard Penny 600 600 - - -
Linda Phelps 600 600 - - -
David Porter 600 600 - - -
Jeffrey Powell 600 600 - - -
Jason Powell 600 600 - - -
Leanne Powell 600 600 - - -
Leanne Price 600 600 - - -
Jayne Pritchard 600 600 - - -
Paul Pursey 600 600 - - -
Lisa Reed 600 600 - - -
Andrew Rees 600 600 - - -
Andrew Reid 600 600 - - -
Lesley Rose 600 600 - - -
Helen Scott 600 600 - - -
David Shellard 600 600 - - -
David Slaughter 600 600 - - -
Helen Smith 600 600 - - -
Marcus Smith 600 600 - - -
Dean Smith 600 600 - - -
Susan Tarling 600 600 - - -
Dean Taylor 600 600 - - -
Robert Taylor 600 600 - - -
Anne Thomas 600 600 - - -
Meirion Thomas 600 600 - - -
Joanne Todd 600 600 - - -
Steven Trollope 600 600 - - -
John Tudball 600 600 - - -
Alyson Turner 600 600 - - -
Lee Tyler 600 600 - - -
Neal Tyler 600 600 - - -
Stephen Urch 600 600 - - -
Linda Wallis 600 600 - - -
Julie Walters 600 600 - - -
Karen Ware 600 600 - - -
Yvonne Watkins 600 600 - - -
Claire Watkins 600 600 - - -
Deborah Watkins 600 600 - - -
Kerry weston 600 600 - - -
Natalie White 600 600 - - -
Lyndsey Willcox 600 600 - - -
Richard Williams 600 600 - - -
Janet Williams 600 600 - - -
Mark Williams 600 600 - - -
Clare Williams 600 600 - - -
Julie Williams 600 600 - - -
Ann Williams 600 600 - - -
Julie Williams 600 600 - - -
Michael Williams 600 600 - - -
Shaun Williams 600 600 - - -
Brian Williams 600 600 - - -
Brian Williams 600 600 - - -
Rosemary Wood 600 600 - - -
Leila Wyburn 600 600 - - -
Mei Mei Komariah 600 600 - - -
Pertiwi Handayani 600 600 - - -
Muhammad Hidayat A 600 600 - - -
Muhammad Baron 600 600 - - -
Esti Harmiatri K W 600 600 - - -
Syamsudin ST Makmur 600 600 - - -
Made Darma Yasa 600 600 - - -
Noor Cahyono 600 600 - - -
Anwar Sanusi 600 600 - - -
Amir Aswad Sadikin 600 600 - - -
Muh Hermawan Subekti 600 600 - - -
Rubiadi 600 600 - - -
Yenny Agoestine Hernani 600 600 - - -
Sri Herawaty H 600 600 - - -
Arini Sustyawati Dewi 600 600 - - -
I Made Suaba 600 600 - - -
Fenny Sjahbaniarti 600 600 - - -
Oke Puspadianingsih 600 600 - - -
M Natsir 600 600 - - -
S M Hari Kustoro 600 600 - - -
Rijanto Utomo 600 600 - - -
Fauzy Nadjar Mustafa 600 600 - - -
Batas Siburian 600 600 - - -
Bambang Djatmiko 600 600 - - -
Grace Alexander L 600 600 - - -
Hartono Siswoyo 600 600 - - -
Prapseno D 600 600 - - -
Priyono Pujo W 600 600 - - -
Darsan Siagim 600 600 - - -
Abykibri Z 600 600 - - -
Yoesrizal Diguchy 600 600 - - -
M Aminuddin AB 600 600 - - -
Isman Darmansyah 600 600 - - -
Melu Saidar Harahap 600 600 - - -
Bambang Junaidi 600 600 - - -
Suhardi 600 600 - - -
Hadi Sutrisno 600 600 - - -
Yiyis Rusoni 600 600 - - -
Suradi 600 600 - - -
Zulkifli Manan 600 600 - - -
Rahmad Wibowo 600 600 - - -
T O Hutabarat 600 600 - - -
Jufran Helmi 600 600 - - -
Indriyono E Santoso 600 600 - - -
Dean Rusdi 600 600 - - -
Gunardi Yusuf 600 600 - - -
Amat Samsohan 600 600 - - -
Farizal 600 600 - - -
Aladin 600 600 - - -
Suyati K 600 600 - - -
Hidayat AS 600 600 - - -
Kasijono Bin Djoyosumarto 600 600 - - -
Siran Bin Saher 600 600 - - -
Masroni Bin Muad 600 600 - - -
Amrin N 600 600 - - -
Rubendi 600 600 - - -
Dastur Zen 600 600 - - -
Sunaryono 600 600 - - -
Abdul Malik 600 600 - - -
Subandi 600 600 - - -
H. Abdurrokhim 600 600 - - -
Ilhamdani 600 600 - - -
Bakri Satamso 600 600 - - -
Amir Choli 600 600 - - -
Djoko Widodo 600 600 - - -
Ating Johan 600 600 - - -
Iskandar Tim 600 600 - - -
Guntur 600 600 - - -
Abi Kusno 600 600 - - -
Lidrin 600 600 - - -
Sudiono 600 600 - - -
Achmad Aminuddin 600 600 - - -
Hadi Suryanto 600 600 - - -
Heryanto 600 600 - - -
Sunardi 600 600 - - -
Achmad Mursyidi 600 600 - - -
Lies Permana Sarie 600 600 - - -
Djoko Triono 600 600 - - -
Firman 600 600 - - -
Arifin 600 600 - - -
Abu Bakar 600 600 - - -
Siarantang 600 600 - - -
Suradi 600 600 - - -
Ahmad Syukri 600 600 - - -
Isril Hendra 600 600 - - -
Setyo Puji Hartono 600 600 - - -
Bhudiman Zailani 600 600 - - -
Faried Adrian 600 600 - - -
Mohammad Fajaruddin 600 600 - - -
Hutamin Bin Aulani 600 600 - - -
Ellyyeni 600 600 - - -
Ahdin Muid 600 600 - - -
B. Sumardi 600 600 - - -
Muhamat Sayuti 600 600 - - -
Poniman Kurdi 600 600 - - -
Eko Purwanto 600 600 - - -
Astaman 600 600 - - -
Suhardi bin Ciklasim 600 600 - - -
Susanto 600 600 - - -
Muhammd Toha 600 600 - - -
Sulaiman 600 600 - - -
Abu Hasan Sakri Bin Ibrahim 600 600 - - -
Tamhar 600 600 - - -
Sudaryo 600 600 - - -
Iskandar Kosasih 600 600 - - -
Ichsan Waris 600 600 - - -
Pungut 600 600 - - -
Sumari Izan 600 600 - - -
Sudarsono 600 600 - - -
Sagiman 600 600 - - -
Aswadi 600 600 - - -
Mudjiono 600 600 - - -
Farus Diman Yusuf 600 600 - - -
Warsito 600 600 - - -
Hazairin 600 600 - - -
Nasori Abdullah Kohar 600 600 - - -
Abdul Chair Manap 600 600 - - -
Tjik Tamin 600 600 - - -
Effendi 600 600 - - -
Robben Hutagalung 600 600 - - -
Darmawi 600 600 - - -
Nasori Ario 600 600 - - -
Racmadi 600 600 - - -
Mansyur 600 600 - - -
Zalzili 600 600 - - -
Taufik Iskandar Bin Sukia 600 600 - - -
Buyung Chandra 600 600 - - -
Mardi 600 600 - - -
Muhtarmidi Umari 600 600 - - -
Achmad Erno Kusmiyadi 600 600 - - -
Nahar Siregar 600 600 - - -
Herman Sira Manuk 600 600 - - -
Niman Chandra 600 600 - - -
Jumaidi 600 600 - - -
Yoes Rusli Hamzah 600 600 - - -
D.Djamal Mursal bin M.Saleh 600 600 - - -
Oji Manik 600 600 - - -
Machmudin 600 600 - - -
Jufri Sudarman 600 600 - - -
Suhardjo 600 600 - - -
Herwanudin 600 600 - - -
Saut Sabar Sihombing 600 600 - - -
Samharoni 600 600 - - -
Ano Hermayanto 600 600 - - -
Sunoto Harto Saputro 600 600 - - -
Marwan 600 600 - - -
Alamsyah 600 600 - - -
Suhairi 600 600 - - -
Juhartono 600 600 - - -
Mulyadi 600 600 - - -
Dhumroh Mulkan 600 600 - - -
Muchtar Lutfi 600 600 - - -
Bambang Permadi 600 600 - - -
Sukarsono 600 600 - - -
Elpi Yuharnis 600 600 - - -
Rozali 600 600 - - -
Johansyah 600 600 - - -
Sutirto 600 600 - - -
Mawardi Bin Matnanang 600 600 - - -
A. Rivai Yan 600 600 - - -
Puntas Ismail 600 600 - - -
Mat Yanton 600 600 - - -
Djakfar Sidik Bin Abdullah 600 600 - - -
Amat Suplan 600 600 - - -
Kusbino Hardianto 600 600 - - -
Ramli Arief Manan 600 600 - - -
Suryanto 600 600 - - -
Rohwat Budiman 600 600 - - -
Edi Helmi 600 600 - - -
Abu Hasan Bin Ibrahim 600 600 - - -
Djalal Bin Karimin 600 600 - - -
Prayitno 600 600 - - -
Isnansori Z 600 600 - - -
Parto Sukasno 600 600 - - -
Muhammad Nur Bin Ibrahim 600 600 - - -
Handra 600 600 - - -
Iskandar 600 600 - - -
Utuh Khair Bin H. Jailani 600 600 - - -
Soleh 600 600 - - -
Suparman Bin Meharan 600 600 - - -
Barsono 600 600 - - -
Harto M 600 600 - - -
Handerson 600 600 - - -
Tamamin 600 600 - - -
Sumbategaultra 600 600 - - -
Fakhri Chan 600 600 - - -
A Nawawi Umar 600 600 - - -
Achmad Faisal Hole 600 600 - - -
Achmad Ardy 600 600 - - -
Alfian M 600 600 - - -
Burmawi Pa'i 600 600 - - -
Dicky 600 600 - - -
Gultomi 600 600 - - -
Iskandar Taufic 600 600 - - -
Mugiono 600 600 - - -
Patama Suanta 600 600 - - -
Purwani 600 600 - - -
Samio 600 600 - - -
Syamsulham 600 600 - - -
Sardi Nyoto 600 600 - - -
Syarif 600 600 - - -
Tom Baru 600 600 - - -
---------------------------------------------------------------------------
|
Total 5,213,000 18,564,002 98.85% 13,351,002 71.92%
Notes:
(1) Waywood Investments Inc. is a promoter of Oxford Technologies Inc.
(2) Great Admirer Ltd. is our principal shareholder.
We are not aware of any agreements or arrangements among the selling security
holders listed above. To our knowledge, there are no coordinated investment
efforts among the selling security holders, and they are not acting as a
"group" as that term is used in Instruction 7 to Item 403 of Regulation S-B.
PLAN OF DISTRIBUTION
The shares covered by this prospectus may be offered and sold from time to
time by the selling security holders. The selling security holders will act
independently of us in making decisions with respect to the timing, manner
and size of each sale. The selling security holders must sell their shares at
$1.00 per share until our shares are quoted on the OTC Bulletin Board,
thereafter, at then prevailing market prices or privately negotiated prices.
The selling security holders do not intend to engage in short selling or
other hedging activities. The shares will not be sold in an underwritten
public offering. In addition, the selling security holders may from time to
time offer their shares for sale through underwriters, dealers, or agents,
who may receive compensation in the form of underwriting discounts,
concessions or commissions from the selling security holders and/or the
purchasers of the shares for whom they may act as agents. The shares sold
by the selling security holders may be sold from time to time in one or more
transactions:
o purchased by a broker or dealer as principal and resale by such broker
or dealer for its account;
o ordinary brokerage transactions and transactions in which the broker
solicits purchasers; and
o privately negotiated transactions.
If the selling security holders enter into an agreement, after the effectiveness
of this registration statement, to sell their shares through a broker-dealer
that acts as an underwriter, then we will file a post-effective amendment to
the registration statement identifying the underwriter, and thereby providing
the required information on the plan of distribution, revising the appropriate
disclosures in the registration statement, and filing the agreement as an
exhibit to the registration statement.
Any underwriters, dealers, or agents who participate in the distribution of
the securities may be deemed to be "underwriters" under the Securities Act
and any discounts, commissions, or concessions received by any such
underwriters, dealers, or agents may be deemed to be underwriting discounts
and commissions under the Securities Act.
Any of the selling security holders, acting alone or in concert with one
another, may be considered statutory underwriters under the Securities Act of
1933, if they are directly or indirectly conducting an illegal distribution
of the securities on behalf of us. For instance, an illegal distribution
may occur if any of the selling security holders were to provide us with cash
proceeds from their sales of the securities. If any of the selling security
holders are determined to be underwriters, they may be liable for securities
law violations in connection with any material misrepresentations or omissions
made in this prospectus.
The shares of common stock offered by the selling security holders have not
been registered for sale under the securities laws of any state as of the
date of this prospectus and selling security holders may not sell their shares
until those shares are qualified or registered under various state Blue Sky
laws, or unless an exemption from such qualification or registration is
available. Selling security holders and brokers or dealers effecting
transactions in the shares of our common stock should confirm the registration
thereof under the securities laws of the states in which transactions occur
or the existence of any exemption from registration.
Pursuant to Regulation M of the General Rules and Regulations of the
Securities and Exchange Commission, any person engaged in a distribution of
securities, including on behalf of a selling security holder, may not
simultaneously bid for, purchase or attempt to induce any person to bid for,
or purchase securities of the same class for a period of five business days
prior to the commencement of such distribution and continuing until the
selling security holder (or other person engaged in the distribution) is no
longer a participant in the distribution.
We have informed the selling security holders that, during such time as they
may be engaged in a distribution of any of the shares we are registering by
this registration statement, they are required to comply with Regulation M.
In general, Regulation M precludes any selling security holder, any affiliated
purchasers and any broker-dealer or other person who participates in a
distribution from bidding for or purchasing, or attempting to induce any
person to bid for or purchase, any security which is the subject of the
distribution until the entire distribution is complete. Regulation M defines
a "distribution" as an offering of securities that is distinguished from
ordinary trading activities by the magnitude of the offering and the presence
of special selling efforts and selling methods. Regulation M also defines
a "distribution participant" as an underwriter, prospective underwriter,
broker, dealer, or other person who has agreed to participate or who is
participating in a distribution.
Regulation M prohibits any bids or purchases made in order to stabilize the
price of a security in connection with the distribution of that security,
except as specifically permitted by Rule 104 of Regulation M. These
stabilizing transactions may cause the price of our common stock to be more
than it would otherwise be in the absence of these transactions. We have
informed the selling security holders that stabilizing transactions permitted
by Regulation M allow bids to purchase our common stock if the stabilizing
bids do not exceed a specified maximum. Regulation M specifically prohibits
stabilizing that is the result of fraudulent, manipulative, or deceptive
practices. Selling security holders and distribution participants are
required to consult with their own legal counsel to ensure compliance with
Regulation M.
LEGAL PROCEEDINGS
There are no legal actions pending against us nor are any legal actions
contemplated by us.
DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
The following table sets forth information regarding our executive officers
and directors:
Name Age Office
------------------ ------ ----------------------------------------------------
Jacinta Sit 31 President, Chief Financial Officer and Director
Shaun Ashmead 37 Managing Director of Axiom Manufacturing Services Ltd.
Vivian Lee-Yu Lam 33 Secretary and Director
Wonn Chew Chai 44 Director
|
Our executive officers are appointed by and serve at the discretion of the
Board of Directors. There are no family relationships between any director
and/or any executive officer.
JACINTA SIT has been our President and Chief Financial Officer and a director
since February 2003. From 2001 to the present, Ms. Sit holds various
positions, most recently as an Executive Director, of South Sea Petroleum
Holdings Limited, a Hong Kong corporation, whose principal business is the
exploration and production of crude oil. Since September 2003, Ms. Sit has
been the president, chief financial officer and a director of Cowley
Technologies Corp., a magazine distributor in Hong Kong, and since October,
2003, a director of Weston Technologies Corp., a Delaware corporation whose
business plan is to develop, manufacture, and market an electronic device
known as "Flameless and No-tar Cigarette Substitute".
SHAUN ASHMEAD has been serving as Managing Director of Axiom Manufacturing
Services Ltd., since March 2004. Prior to that, he was Axiom's Operations
Director (April 2004 to March 2004), responsible for all aspects of the
business other than Materials, Quality Engineering, Manufacturing, Finance
and Human Resources, Head of Administration Group responsible for Finance,
Human Resources and Factory Engineering, and Company Secretary (September
2002 to August 2003). From July 2001 to September 2002, Shaun was Axiom's
Head of Quality and Engineering Group, responsible for Technical Engineering,
including new product introduction, supplier and product quality, Test
Engineering and Market Quality Investigation Centre. Shaun has been employed
with Axiom since 1986, predominately within a Quality Managers role until
2001, and has been instrumental in ensuring that Axiom has achieved awards
such as ISO 9002, ISO 14001, QS 9000 and TS16949 and continues to ensure
that the recognized standards are met or exceeded.
VIVIAN LEE-YU LAM has been our director and Corporate Secretary since
February 2003. From 2000 to the present, Ms. Lam holds various positions,
most recently as Company Secretary, of South Sea Petroleum Holdings Limited,
a Hong Kong corporation whose principal business is the exploration and
production of crude oil. Currently Ms. Lam also serves as a director of
Great Admirer Limited, the parent company of the registrant, and since
September 2003, a vice president, secretary and a director of Cowley
Technologies Corp., a magazine distributor in Hong Kong.
WOON CHEW CHAI was elected as an independent director of the Company in
February 2003. From 1994 to the present, Mr. Chai has been a partner at
Michael Chai & Co., a law firm in Kuala Lumpur, Malaysia. From 1991 to 1994,
he was a legal associate with Shook Lin & Bok, a law firm in Kuala Lumpur,
Malaysia. From 2002 to the present, he has served as director of South Sea
Petroleum Holdings Limited, a Hong Kong corporation, whose principal business
is the exploration and production of crude oil. Mr. Chai holds a Bachelor
of Laws (Hons) degree from the University of Buckingham, and a Bachelor of
Science (Hons) degree in Chemistry from University of Surrey, UK. Mr. Chai
is qualified as Barrister at Law from Lincoln's Inn, England. Since September
2003, Mr. Chai has been serving as a director of Cowley Technologies Corp.,
a magazine distributor in Hong Kong.
Significant Employees
There are no significant employees. There is no person making significant
contribution to the business other than executive officers.
Involvement in Certain Legal Proceedings
None of our officers, directors, or persons nominated for such positions,
significant employees, promoters, or control persons have been involved in
legal proceedings that would be material to an evaluation of their ability
or integrity as described in Item 401 of Regulation S-B.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
Security Ownership of Certain Beneficial Owners
The following table sets forth certain information regarding the beneficial
ownership of our common stock as of July 19, 2004 each person who is known
by us to own beneficially more than 5% of our outstanding common stock.
Except as otherwise indicated, we believe that the beneficial owners of the
common stock listed below, based on information furnished by such owners,
have sole investment and voting power with respect to such shares, subject
to community property laws where applicable.
Name and Address Number of Shares Percentage
Title of Class of Beneficial Owner Beneficially Owned of the Class
-------------- -------------------- ------------------ --------------
Common Stock Great Admirer Ltd. (i) 17,601,002 94.8% (ii)
2 Queen's Road, Central
Hong Kong
-----------------------------------------------------------------------
|
(i) Great Admirer Ltd. is owned by South Sea Petroleum Holdings Ltd., a
Hong Kong corporation.
(ii) Percentage of ownership is based on 18,564,002 shares of common stock
outstanding on July 19, 2004.
As of the date of this prospectus, no options, warrants or rights to acquire
shares have been granted.
Security Ownership of Management
Except Shaun Ashmead, the managing director of Axiom Manufacturing Services
Ltd., owns 600 shares of our common stock (less than one percent of our
outstanding shares of common stock), none of our executive officers and
directors beneficially owned our securities.
Changes in Control
There are no arrangements that management is aware of that may result in
changes in control as that term is defined by the provisions of Item 403(c)
of Regulation S-B.
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