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December 29, 2006
By: TOM BRANNA
Editor
OraLabs Holding Corp., a Parker, Colo.-based maker of oral and lip care products, was acquired by British Virgin Islands-based Partner Success Holdings Ltd. in a reverse takeover. OraLabs has issued nearly 25.4 million shares of its common stock to Wo Hing Li, sole shareholder of Partner Success, in exchange for all of the outstanding shares of Partner Success, which has become a wholly owned subsidiary of OraLabs Holding Corp. As part of the transaction, OraLabs Inc. will continue to o...
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