Company Overview
| Company Name |
CENTURYTOUCH LTD |
| Company Address |
C/O CENTURYTOUCH LTD. TUDOR HOUSE MEWS, WESTGATE GRANTHAM, LINCOLNSHIRE NG31 6LU |
| Company Phone |
(44) 01476 562706 |
| Company Website |
www.centurytouch.com |
| CEO |
Eric Y.K. Wong |
| Employees |
-- |
| State of Inc |
DE |
| Fiscal Year End |
12/31 |
| Status |
Filed (12/24/2012) |
| Proposed Symbol |
-- |
| Exchange |
OTCBB |
| Share Price |
$0.05 |
| Shares Offered |
31,390,000 |
| Offer Amount |
$1,569,500.00 |
| Total Expenses |
$52,715.00 |
| Shares Over Alloted |
-- |
| Shareholder Shares Offered |
31,390,000 |
| Shares Outstanding |
31,390,000 |
| Lockup Period (days) |
180 |
| Lockup Expiration |
-- |
| Quiet Period Expiration |
-- |
| CIK |
0001491830 |
The selling stockholders are selling shares of common stock covered by this
prospectus for their own account. We will not receive any of the proceeds
from the resale of these shares. We have agreed to bear the expenses relating
to the registration of the shares for the selling security holders.
We will face competition from other developers that are looking to implement
or are already implementing a similar business plan to ours. Further, we may
be at a disadvantage to our competition who may have greater capital resources
than we do, specifically cash. It has become increasingly difficult to obtain
lending on many properties and those developers that are able to close without
financing and pay the full purchase price of a property in cash may be able
to close on more properties or may realize a greater profit as they will be
able to negotiate better purchasing terms.
Our CEO and COO, Messrs. Wong, have significant experience in real estate
development. He has experience in international real estate acquisition and
construction. We hope this, coupled with his relationships with banks in the
markets in which we are in or hope to enter, will distinguish us from our
competition. Further, we believe that our business plan, which allows us to
look for several different types of properties in a variety of international
markets, provides us with greater opportunities than other real estate
development companies.
Company Description
CenturyTouch Limited was formed on June 9, 2010 in Great Britain. In April
2012, it merged with Kallisto Ventures, Inc, a Delaware company and changed
its name to CenturyTouch Ltd, Inc. All of our assets are outside of the
United States.
CenturyTouch Ltd, intends to own and rent real estate
throughout the world.
The Company will purchase, manage, and dispose of revenue producing assets,
specifically multifamily residential and mixed used commercial properties.
We currently own eight properties in Great Britain.
We may participate in the following business activities:
. Purchase residential properties that are undervalued, renovate (if needed)
and sell within twelve months. (i.e. "flip" residential property);
. Buy and sell performing and non performing commercial property. Primarily
multi family, retail, and office space;
. Manage property we intend to hold;
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CenturyTouch Ltd, Inc.
Stanton House,
31 Westgate,
Grantham NG31 6LX
Teleohone number : 01476 591111.
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