Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Overview
On May 13, 2015, we entered into and closed a share exchange agreement, or the Share Exchange Agreement, with Yinhang Internet Technologies Development, Inc., a Nevada corporation ("Yinhang") and the stockholders of Yinhang (the "Yinhang Stockholders"), pursuant to which we acquired 100% of the issued and outstanding capital stock of Yinhang in exchange for a total of 758,116,667 shares of our common stock (the "Share Exchange" or the "Yinhang Acquisition"). After giving effect to the Share Exchange, we had outstanding 800,000,000 shares of common stock, representing all of our authorized shares of common stock. The 758,116,667 shares includes 200,000,000 shares issued to the three investors pursuant to a subscription agreement as discussed in Note 10 to the financial statements. biz.yahoo.com/e/150814/bisn10-q.html