Natural Health Farm (Labuan) Inc. (NHF) entered into an acquisition agreement to acquire Velt International Group Inc. (OTCPK:VIGC) in a reverse merger transaction on January 24, 2019. Under terms of agreement, Velt International will issue 40 million shares for the acquisition. Velt International shall obtain a valuation report on the value of NHF and the exact purchase price in Velt International shares will be the valuation price or $10 million, whichever is less. The transaction is subject to approval of Board of Director of Velt International and NHF and execution of the agreement by the shareholders of Natural Health Farm. As of February 13, 2019, 10 million shares have not been issued to NHF and the shareholders of NHF yet. As of March 31, 2019, NHF was not consolidated since the acquisition was not completed. Natural Health Farm (Labuan) Inc. completed the acquisition of Velt International Group Inc. (OTCPK:VIGC) in a reverse merger transaction effective May 29, 2019. As of May 29, 2019, Taleo Holdings (L) Ltd and Green Vest Limited have each been issued 20 million shares. Natural Health Farm (Labuan) Inc. cancelled the acquisition of Velt International Group Inc. (OTCPK:VIGC) in a reverse merger transaction on August 4, 2019. The principal reason for the rescission was, among other things, the inability of NHF to provide audited financial statements which were essential for Velt International to maintain its SEC reporting status. At the closing Greenvest Limited and Taleo Holdings (L) Ltd returned to Velt International the 40 million shares of Velt International’s common stock received pursuant to the acquisition agreement and Velt International returned all of the shares of NHF that Velt International received pursuant to the acquisition agreement back to Greenvest Limited and Taleo Holdings (L) Ltd.