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Atlanta, Georgia (Newsfile Corp. - December 31, 2020) - Winsonic Digital Cable Systems Network, Ltd. formerly known as Winsonic Digital Media Group, Ltd. and Winsonic Holdings Ltd. agrees to a Reverse Merger and Plan of Reorganization. Companies agree to send out a proxy and have a virtual shareholders meeting with major stakeholders and shareholders. Winston D. Johnson Sr. will remain as Chairman and Major shareholder of Winsonic Holdings, Ltd., and Winsonic Cloud, Ltd.
The Plan calls for the execution of a plan of reorganization that reflects the combined contracts, assets and operations of the newly formed subsidiaries of Winsonic Holdings, Ltd. and Winsonic Cloud, Ltd. as well as the change in beneficial ownership that gives the issuance of a controlling interest to Winsonic Holdings Ltd.