Each one in plain English, with the numbers worked through for a shareholder.
8 Nov 2007director officer appointment● NeutralMajor
A change of control: Jana Whitlock agreed to buy out both founders - President/CEO Jacob Perry and Secretary/Treasurer Dejan Mirkovic, 2,500,000 shares each - for $25,000 apiece ($50,000 total), giving her 68.18% of the company; Perry and Mirkovic agreed to resign as officers and directors in her favor.
8 Nov 2007director officer appointment● NeutralMajor
The Rule 14f-1 information statement disclosing the same Jana Whitlock change-of-control and board turnover described in the same day's 8-K - a pure private stock purchase and management handover, not an acquisition of any outside business.
Reported a net loss of $60,243 for the quarter ended September 30, 2007, a sharp jump from prior quarters, bringing losses since inception to $84,075; filed as the company was negotiating the Jana Whitlock change-of-control that would close the following month.
As Shopper's Wallet, reported losses of $18,496 since its June 2006 inception through March 31, 2007, in line with the going-concern warning already flagged in its registration statement.
Shopper's Wallet, Inc. (a tiny Nevada shell formed June 28, 2006, based in Raanana, Israel) registered a direct self-underwritten offering of 3,000,000 new shares at $0.03/share ($90,000 maximum raise) for its own account.