Current Report Filing (8-k)
August 14 2018 - 3:19PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported):
August 8, 2018
HQDA
ELDERLY LIFE NETWORK CORP.
(Exact
name of registrant as specified in its charter)
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Nevada
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333-119823
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98-1225287
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(State
or Other jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
Number)
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Identification
Number)
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8780
Valley Blvd., Suite J
Rosemead,
California 91770
(626)
703-4228
(Address,
including zip code, and telephone number, including area code,
of
registrant’s principal executive offices)
HARTFORD
RETIREMENT NETWORK CORP.
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
In
this Current Report on Form 8-K, “Company,” “our company,” “us,” “HQDA,” and “our”
refer to HQDA Elderly Life Network Corp., unless the context requires otherwise.
FORWARD-LOOKING
STATEMENTS
Our
disclosure and analysis in this Current Report on Form 8-K contains some forward-looking statements. Certain of the matters discussed
concerning our operations, cash flows, financial position, economic performance and financial condition, and the effect of economic
conditions include forward-looking statements. Statements that are predictive in nature, that depend upon or refer to future events
or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “estimates” and similar expressions are forward-looking statements. Although we believe that
these statements are based upon reasonable assumptions, including projections of orders, sales, operating margins, earnings, cash
flow, research and development costs, working capital, capital expenditures and other projections, they are subject to several
risks and uncertainties.
Investors
are cautioned that our forward-looking statements are not guarantees of future performance and the actual results or developments
may differ materially from the expectations expressed in the forward-looking statements.
As
for the forward-looking statements that relate to future financial results and other projections, actual results will be different
due to the inherent uncertainty of estimates, forecasts and projections may be better or worse than projected. Given these uncertainties,
you should not place any reliance on these forward-looking statements. These forward-looking statements also represent our estimates
and assumptions only as of the date that they were made. We expressly disclaim a duty to provide updates to these forward-looking
statements, and the estimates and assumptions associated with them, after the date of this filing to reflect events or changes
in circumstances or changes in expectations or the occurrence of anticipated events. You are advised, however, to consult any
additional disclosures we make in our reports on Form 10-K, Form 10-Q, Form 8-K, or their successors.
Item
1.01. Entry into a Material Definitive Agreement.
On August 8, 2018, the Company’s wholly-owned
subsidiary, Shanghai Hongfu Health Management Co., Ltd (“SHHM”) acquired 100% of Shanghai Qiaoyuan Information Technology
Co. Ltd. (“SQIT”), a subsidiary of Shanghai Qiaohong Real Estate Co. Ltd. (“SQRE”) pursuant to an Equity
Transfer Contract (the “Agreement”)-. This closing is a part of Asset Purchase Agreement signed on April 2, 2018.
The Purchase Price paid by SHHM to SQRE was RMB 31, 592,800 or approximately $4,646,000. The principal assets acquired
include the land –use right of an 8.84-acre land located in No. 4797, Sanshuang Road, Chongming District (Chongming Island)
Shanghai, China.
The
description of the Agreement herein is qualified in its entirety by reference to the full text of the Agreement, a copy of which
is filed as Exhibit 10.1 to this Form 8-K and is incorporated by reference herein.
Item
9.0 Financial Statement and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
August
14, 2018
HQDA
Elderly Life Network Corp.
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By:
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/s/
Jimmy Zhou
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Jimmy Zhou, CFO
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HQDA Elderly Life Network (CE) (USOTC:HQDA)
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