On December 9, 2011, Empire Global Corp. (the "Company") entered into a Stock Purchase and Share Exchange Agreement (the "Agreement") with Avontrust Global Pte. Ltd. a Singapore company ("AVT") with its head office and operations in Singapore and current AVT Shareholders. When the transaction is closed, AVT will become a wholly-owned subsidiary of Empire Global Corp.
Pursuant to the Agreement the Company will purchase 150,000 shares of AVT representing 100% of the issued and outstanding shares of AVT in exchange for 169,995,000 shares of the Company, or a ratio of approximately 1,133.3 shares of the Company for each share of AVT. After closing the Company will have a total of 188,670,800 shares of common stock issued and outstanding all of the same class.
AVT develops and has acquired a series of social networking entertainment Applications on Facebook with approximately 7 million installed users as of the end of November 2011. According to Google Analytics, AVT applications are employed by users represented in over 200 countries in approximately 134 languages and in more then 13,598 different cities as measured from Nov 30. 2009 to Dec 1, 2011. AVT's Facebook application portfolio of products ranges from games, quizzes and social commerce storefronts.
Real Estate
emgl.us