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GULF RESOURCES, INC. — Director's Dealing 2007
Feb 13, 2007
35305_dirs_2007-02-13_b3e287e3-cf96-40d8-872c-852a3bdaf5c4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DIVERSIFAX INC (DSFX)
CIK: 0000885462
Period of Report: 2007-02-05
Reporting Person: Yu Wenxiang (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-02-05 | Common Stock | J | 7938653 | — | Acquired | 12963053 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5024400 | Direct |
Footnotes
F1: On February 5, 2007, the Issuer entered into a Share Exchange Agreement with Upper Class Group Limited ("UCG"), Shouguang
City Haoyuan Chemical Company Limited, ("SCHC"), Shouguang Yuxin Chemical Industry Company Limited ("SYCI"), and Shandong
Haoyuan Industry Group Ltd. and Wenxiang Yu, the shareholders of SYCI (the "SYCI Shareholders") (the "Share Exchange
Agreement"). Under the Share Exchange Agreement, in exchange for their shares in SYCI, the SYCI Shareholders received
16,188,118 newly issued shares of the Issuer's common stock, which were divided proportionally among the SYCI Shareholders
in accordance with their respective ownership interests in SYCI immediately before the closing of the Share Exchange
Agreement. The Reporting Person acquired 7,938,653 shares of common stock of the Issuer in exchange for his ownership
interest in SYCI.