SJ Capital Co., Ltd. - May 31, 2022 Form 3 Insider Report for Dr. Foods, Inc. (DRFS)

Role: 10%+ Owner
Signature: Takeshi Sugisawa, CEO of SJ Capital Co., Ltd.
Stock symbol: DRFS
Transactions as of: May 31, 2022
Transactions value $: $0
Form type: 3
Date filed: 7/12/2022, 08:22 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DRFS	Common Stock						308M	May 31, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On or about May 31, 2022, Dr. Foods, Inc. sold 307,692,308 shares of restricted Common Stock to SJ Capital Co., Ltd., a Japanese Company, at a price of $0.0025 USD per share of Common Stock. Takeshi Sugisawa, the Chief Executive Officer of SJ Capital Co., Ltd., authorized this transaction. SJ Capital Co., Ltd. now owns approximately 11.73% of the Common Stock of Dr. Foods, Inc.

Remarks:

The aforementioned sale of shares was conducted pursuant to Regulation S of the Securities Act of 1933, as amended ("Regulation S"). The sale of shares was made only to non-U.S. persons/entities (as defined under Rule 902 section (k)(2)(i) of Regulation S), pursuant to offshore transactions, and no directed selling efforts were made in the United States by the issuer, a distributor, any of their respective affiliates, or any person acting on behalf of any of the foregoing.