(Edgar Glimpses Via Acquire Media NewsEdge) ITEM 3.02 Unregistered Sales of Equity Securities
On March 13, 2014, Natural Resources Corporation (formerly Plum
Run Acquisition Corporation) (the "Registrant" or the "Company") issued
1,000,000 shares of its common stock pursuant to Section 4(2) of the
Securities Act of 1933 at par representing 91% of the total outstanding
1,100,000 shares of common stock as follows:
1,000,000 Perry Holzgraf Esculier
With the issuance of the 1,000,000 shares of stock and the redemption
of 19,900,000 shares of stock (discussed below), the Company effected a change
in its control and the new majority shareholder(s) elected new management of
the Company. The Company may develop its business plan by future acquisitions
or mergers but no agreements have been reached regarding any acquisition or
other business combination. The Company changed its name as part of the change
in control. If the Company makes any acquisitions, mergers or other business
combination, the Company will file a Form 8-K but until such time the Company
remains a shell company.
ITEM 5.01 Changes in Control of Registrant
On March 13, 2014, the following events occurred which resulted in a
change of control of the Registrant:
1. The Registrant redeemed an aggregate of 19,900,000 of the then
20,000,000 shares of outstanding stock at a redemption price of $.0001 per
share for an aggregate redemption price of $1,990.
2. The then current officers and directors resigned.
3. New officer(s) and director(s) were appointed and elected.
The disclosure required by Item 5.01(a)(8) of Form 8-K was previously
filed with the Securities and Exchange Commission on Form 10-12G filed on
September 30, 2013 as amended and supplemented by the information contained
in this report.
The Registrant anticipates that it will develop its business with a
business combination with M-Power Food Industries Pte Ltd ("M-Power Food")
to develop a U.S. trading presence. M-Power Food is a ISO 22000 certified
producer and supplier of dairy products company located in Singapore.
M-Power Food was awarded "Singapore SME 1000 company in 2012 and 2013 and
received a "Fastest Growing 50" award in 2013 based on financial performance.
For the years 2011 to 2013, M-Power Food generated revenue of SGD 153.5
million with a after tax profit of SGD 8.5 million. If the Registrant makes
any acquisitions, mergers or business combination with M-Power Food or
another company, it will file a Form 8-K reporting such transaction.
ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors
On March 13, 2014 James M. Cassidy resigned as the Registrant's
president, secretary and director.
On March 13, 2014, James McKillop resigned as the Registrant's vice
president and director.
On March 13, 2014, Elsa Holzgraf Esculier was named as the director
of the Registrant.
On March 13, 2014, the following person was appointed to the offices
of the Registrant as appears next to her name as follows:
Elsa Holzgraf Esculier President
Chief Executive Officer
Elsa Holzgraf Esculier serves as the sole director of the Registrant
and its president and Chief Executive Officer. Since 2009, Ms. Esculier
has worked for M-Power Development Pte Ltd, Singapore. From 2009 to 2011,
she served as Marketing Director and since 2012 has served as Regional
Director of Sales (Asia and Middle East). From 2008 to 2009, Ms. Esculier
served as Country Manager (Vietnam) for M-Power Development Limited, HCMC
& Hanoi-Vietnam. In 2000, Ms. Esculier received a Masters Degree of