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 Tracking 1053 U.S. listed China Stocks and Counting...
 Tracking 1535 U.S. Stocks and Counting...

 Top Lvl Dom Holdings (PINK:TLVLF)

Sunday, June 7, 2009
SPAC Activity
Alpha Security Group Corporation is a blank check company whose objective was to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. The company has abandoned its effort to complete a business combination and is pursuing its liquidation.

Sunday, April 12, 2009
Reverse Merger Activity

Alpha Security Group Corporation recently terminated its  Merger Agreement With Soya China Pte. Ltd. announced on December 31, 2008.

Source: PR Newswire (March 12, 2009)


Thursday, January 15, 2009
Financial Target Agreements

Key financial targets with regards to the reverse merger transaction:

Make Good Agreement:

In connection with the Merger Agreement, 3,150,000 shares have been placed  in escrow to secure obligations to meet specific Net Income Thresholds.  In the event that such thresholds are not met, the escrowed shares shall be released from escrow and repurchased by Alpha for the aggregate consideration of $1.00 and then retired and cancelled.

Net Income Thresholds:

2008:  $12.8 million

2009:  $17.2 million

 Share Incentive Agreement:

The original Soya Shareholders are entitled to receive an aggregate of up to an additional 6,000,000 newly issued shares upon achieving the following Net Income Thresholds:

2009:  $19.5 million

2010:  $26 million

2011:   $34 million

 The GeoTeam® is attempting to verify the post merger outstanding shares in order to translate the above thresholds into EPS figures.