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
April 20, 2016
Date of Report
(Date of Earliest Event Reported)
MIDAS REAL ESTATE VENTURES INC.
(Exact Name of Registrant as Specified in its Charter)
CABOT HILL ACQUISITION CORPORATION
(Former Name of Registrant as Specified in its Charter)
Delaware 000-55560 81-0986756
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
15301 W 8 Mile Drive
Detroit, Michigan 48235
(Address of principal executive offices) (zip code)
248-481-9163
(Registrant's telephone number, including area code
215 Apolena Avenue
Newport Beach, California 92662
(Former Address of Principal Executive Offices)
ITEM 3.02 Unregistered Sales of Equity Securities
On April 21, 2016, Midas Real Estate Ventures Inc. (formerly Cabot
Hill Acquisition Corporation) (the "Registrant" or the "Company") issued
5,000,000 shares of its common stock pursuant to Section 4(2) of the
Securities Act of 1933 at par representing 94% of the total outstanding
5,500,000 shares of common stock as follows:
5,000,000 Mustard Seed Group
With the issuance of the stock and the redemption of 19,500,000 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 April 20, 2016, the following events occurred which resulted in a
change of control of the Registrant:
1. The Registrant redeemed an aggregate of 19,500,000 of the then
20,000,000 shares of outstanding stock at a redemption price of $.0001 per
share for an aggregate redemption price of $1,950.
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
July 28, 2015 as amended and supplemented by the information contained in
this report.
The Registrant intends to revitalize underachieving real estate spaces
in Detroit, Michigan. The Registrant envisions through real estate renovation
and development to stabilize residential neighborhoods in Detroit and provide
good family environments. Management of the Registrant has experience in
commercial and residential properties. The Registrant anticipates that it
will develop properties for initial rental with future sale. As the
residential neighborhoods redevelop, the Registrant anticipates it will
then develop the local commercial space. The Registrant also anticipates
working with community development centers in its real estate projects.
ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors
On April 20, 2016 the following events occurred:
James M. Cassidy resigned as the Registrant's president, secretary
and director.
James McKillop resigned as the Registrant's vice president and
director.
The following persons were named directors of the Registrant:
Fabian Emilio Mitchel Tan Yak Jin
Angeline Anasthasia Fong Hui Shan
Fabian Emilio Mitchel Tan Yak Jin was appointed President and
Treasurer of the Registrant.
Angeline Anasthasia Fong Hui Shan was appointed Chief Executive
Officer and Secretary of the Registrant.
Fabian Emilio Mitchel Tan Yak Jin and Angeline Anasthasia Fong
Hui Shan are spouses.
Fabian Emilio Mitchel Tan Yak Jin serves as a director of the Registrant
and its President and Treasurer. Since 2012, Mr. Tan has served as the
president of MIDAS Development Corporation which acquires distressed properties
in the City of Detroit and turns such properties into homes for the
underprivileged. MIDAS has turned approximately 1000 distressed houses into
new housing for the under privileged. Using this experience and his knowledge
of capital investments from Asia, Mr. Tan has developed a business model to
house 10,000 by 2020 with support from the City and financial backers. There
are more than 70,000 abandoned houses in the City of Detroit. MIDAS, under
Mr. Tan's leadership, currently manages a portfolio of over 1000 houses for
his Asian investors. Prior to working with MIDAS, starting in 2006, Mr. Tan
invested in property in Singapore and Dubai for his account and for the
account of his investors. By 2009, Mr. Tan had made significant return
on his investment.
Angeline Anasthasia Fong Hui Shan serves as a director of the Registrant
and its Chief Executive Officer and Secretary. Ms. Fong is a business partner
with Mr. Tan and leads the company in its Singapore headquarters. She manages
the sales and marketing across Asia, bringing agents to market for the company
in Malaysia, Hong Kong, China, Vietnam and the Phillipines. Ms. Fong is an
invited speaker on real estate investment, particularly the investment
opportunities in Detroit and other similar cities. Ms. Fong has received
several awards as a female entrepreneur including the Asian Phoenix Award
in 2014.
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 hereunder duly authorized.
MIDAS REAL ESTATE VENTURES INC.
Date: April 21, 2016 /s/ Fabian Emilio Mitchel Tan Yak Jin
President
