SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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Item 8.01 Other Events.
On April 29, 2022, Green Vision Biotechnology Corp. (the “Company”) announced that the Company entered into a Memorandum of Understanding (“MOU”) with International Supply Chain Alliance Company Limited (“ISCA”), a provider of logistics knowhow and software to warehouse operators and shippers in China and Southeast Asia countries on the even date. The MOU states, inter alia, that the Company intends to collaborate with ISCA by acquiring all of its subsidiaries and existing contractual benefits.
Save and except for exclusivity and confidentiality provisions, the MOU is not intended by the parties to be a legally binding contract. Nevertheless, both parties shall utilize their best endeavors in entering into Definitive Agreements to realize the intended collaboration prior to October 31, 2022.
The intended collaboration with ISCA, as described in the MOU, allows GVBT to expand its existing business scope beyond the green product sector and further into the agricultural sector. GVBT intends to fully utilize ISCA’s trading platform and data in delivering to existing and future alliance members the resulting product suite which could include a new and wide array of agricultural products.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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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 thereunto duly authorized.
GREEN VISION BIOTECHNOLOGY CORP. |
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Dated: May 3, 2022 |
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/s/ William Ching Wan Lam |
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By: William Ching Wan Lam, Chief Executive Officer |
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