April 20, 2013, New York City
Robb Corporation acquires a ten percent (10%) stake in MichaelNeil Corporation; a diversified media and entertainment company based in New York City. The deal includes the following:
– Robb Corporation shall have the right to appoint four (4) members to MichaelNeil Corporation’s board.
– Robb Corporation shall issue four hundred thousand (400,000) shares of common stock to MichaelNeil Corporation.
– Robb Corporation shall have the right to purchase up to one million (1,000,000) additional shares in MichaelNeil Corporation at a fifty percent (50%) discount of the market value.
“MichaelNeil Corporation was founded by the very creative and energetic Michael Neil Morris. I have a philosophy of betting on smart and talented people, not just companies. I’m confident that this will be a very fruitful investment.” – Romane Orlando Robb (Chairman/CEO Robb Corporation)
MichaelNeil Corporation was established in 2012 by Michael Neil Morris.
Robb Corporation is a New York based holding company with interests in various industries: Media & Entertainment; Apparel & Retail; Food & Beverage; Private Equity & Investments, etc. The company was established on January 23, 2010 by Romane Orlando Robb, who is the single largest shareholder with an eighty percent (80%) ownership of the company.