Nocera Inc. insider just disposed of 4,750,000 shares

Bi Zhang, an insider of Nocera Inc., recently disposed of 4,750,000 shares of the company. The disposals took place at $0.00 per share, on October 08, 2020. Zhang no longer owns any shares of the company. Zhang operates out of Xingyi City, Guizhou Qianxinan, F4. Some additional info was provided as follows:


On October 8, 2020, Zhang Bi and GZ WFH (together, "Domestic Company") entered into a Settlement Agreement and Release with Nocera, Inc. wherein all claims as to the Domestic Company's debt (claim to shares in Nocera, Inc. or Guizhou Grand Smooth Technology, Ltd. ("WOFE")) were compromised, settled, and otherwise resolved as to any and all claims or causes of action whatsoever against Nocera for any matter, action, or representation as to Nocera, and any debt t o ownership of Nocera or WOFE up to the date of the agreement. The consideration for the agreement was mutual waiver of any and all claims against each other and WOFE, and Domestic Company (including Zhang Bi) waived any claims to Nocera stock, meaning the 4,750,000 shares of common stock of Nocera owned by Zhang Bi were cancelled as part of the agreement.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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