# EDGAR Filing Document

**Accession Number:** 0001916879
**File Stem:** 0000000000-23-000277
**Filing Date:** 2023-1
**Character Count:** 16997
**Document Hash:** 9750974f731c4a2bc8a5b35907c1ef99
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000277.hdr.sgml**: 20230412

**ACCESSION NUMBER**: 0000000000-23-000277

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230111

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VECTOR 21 HOLDINGS, INC.
- **CENTRAL INDEX KEY:** 0001916879
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 881065560
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 9605 W. 49TH AVE., #200
- **CITY:** WHEAT RIDGE
- **STATE:** CO
- **ZIP:** 80033
- **BUSINESS PHONE:** (303) 422-8127

**MAIL ADDRESS:**
- **STREET 1:** 9605 W. 49TH AVE., #200
- **CITY:** WHEAT RIDGE
- **STATE:** CO
- **ZIP:** 80033
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001065949-22-000165

## Text-Extract

```

United States securities and exchange commission logo

                               January 11, 2023

       Calvin D. Smiley, Sr.
       Chief Executive Officer
       VECTOR 21 HOLDINGS, INC.
       9605 W. 49th Ave., #200
       Wheat Ridge, CO 80033

                                                        Re: VECTOR 21 HOLDINGS,
INC.
                                                            Registration
Statement on Form 10-12G
                                                            Filed December 15,
2022
                                                            File No. 000-56418

       Dear Calvin D. Smiley:

              We have reviewed your filing and have the following comments. In
some of our
       comments, we may ask you to provide us with information so we may better
understand your
       disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

            After reviewing your response and any amendment you may file in
response to these
       comments, we may have additional comments.

       Registration Statement on Form 10-12G filed December 15, 2022

       Disposal of MBF Ops., page 2

   1.                                                   Please update your
description of the disposal with the amount and type of outstanding
                                                        liabilities of MBF Ops.
Inc. at the time of divestiture and the value of the 50,000 shares of
                                                        your common stock
issued to MBF Ops, Inc. Please also clearly disclose whether there
                                                        are any potential risks
to the company associated with this disposition of the debt through
                                                        the sale of MBF Ops.
and whether the debt holders could potentially bring claims against
                                                        the company,
notwithstanding the disposition of the assets through the sale of MBF Ops.
       Item 1A. Risk Factors, page 8

   2.                                                   Please revise the risk
factors relating to Rule 144 on pages 15 and 16 to clearly reflect that
                                                        you are currently a
shell company and thus Rule 144 is not currently available for resales.
                                                        We note your page 16
risk factor, "The Rule 144 Resale Exemption is Not Available for
 Calvin D. Smiley, Sr.
FirstName  LastNameCalvin D. Smiley, Sr.
VECTOR 21    HOLDINGS, INC.
Comapany
January 11,NameVECTOR
            2023         21 HOLDINGS, INC.
January
Page 2 11, 2023 Page 2
FirstName LastName
         Our Company." However, this risk factor appears to include disclosure
addressing
         whether the issuance of securities in the reorganization and disposal
of MBF Ops. was
         exempt from registration. Please revise or advise as appropriate.
Item 2. Financial Information
Management's Discussion and Analysis of Financial Condition and Results of
Operations
Results of Operations for the Year Ended June 30, 2022 Compared to June 30,
2021, page 21

3.       We note your reference to the    period from March 5, 2021 (Inception)
to June 30, 2021
         in the discussions of operating results and cash flows on pages 21-23.
Please revise to
         discuss results for the full year. Also revise the table on page 23 to
reflect the periods and
         amounts reported in the Statement of Cash Flows on page F-20.
4.       Please revise to break out the material components of the $39,794 in
general and
         administrative expenses incurred during the year ended June 30, 2022.
In this regard, we
         note that general and administrative expenses increased by $36,084
from the year ended
         June 30, 2021 to the year ended June 30, 2022. In addition, we note
that general and
         administrative expenses for the next twelve months according to your
intended budget are
         $6,000. Please also revise, as appropriate, to the extent the increase
in general and
         administrative expenses is a material event or uncertainty and to the
extent management
         believes the increase indicates a trend. Refer to Item 303 of
Regulation S-K.
Item 5. Directors and Executive Officers, page 27

5.       Please revise your disclosure on pages 30-34 to disclose whether any
of these companies
         registered any offerings under the Securities Act. In addition, please
revise to ensure that
         all prior involvement of your directors and executive officers with
blank check companies
         during the past five years is disclosed. In this regard, we note that
your Form 10-12G
         filed June 1, 2022 disclosed prior involvement with Canning Street
Corp., Fuquan
         International, Annabidiol, Inc., and TPT Strategic, Inc.
Item 7. Certain Relationships and Related Transactions, page 36

6.       Please revise to include disclosure regarding the convertible
promissory note with Legacy
         Technology Holdings Inc. given the affiliation of the company's
officers and directors
         with Legacy.
Item 10. Recent Sales of Unregistered Securities, page 38

7.       Please revise to provide the disclosure required by Item 701 of
Regulation S-K for the
         reverse stock split and the forward stock split. We note your
disclosure regarding CFR
         229.701. However, it is unclear if such disclosure is intended to
apply to the reverse stock
         split as well. In addition, the disclosure does not provide all of the
information required
         by Item 701. Lastly, we note the disclosure added on page 3 that the
reverse and forward
         stock splits were not sales within Section 2(a)(3) of the Securities
Act. Please remove
         such statements or provide the basis for your determination that these
transactions are not
 Calvin D. Smiley, Sr.
VECTOR 21 HOLDINGS, INC.
January 11, 2023
Page 3
      sales. Consider instead whether the exemption under Section 3(a)(9)
relating to the
      exchange of securities would apply to these sales of securities.
8.    Please revise to provide the disclosure required by Item 701 of
Regulation SK for the
      issuance of securities in the reorganization and disposal of MBF Ops., as
referenced on
      pages 1-2 and in note one to the financial statements. When viewed
together with the
      disposition, the overall transaction changed the nature of the
shareholders    investment, as
      it removed the debt of Momentum Biofuels, Inc., the predecessor. It
appears that the
      reorganization and the resulting change in the nature of the shareholders
   investment
      would constitute a    sale    under Section 2(a)(3) of the Securities
Act. For guidance, please
      see Section 203.02 of our Compliance and Disclosure Interpretations
(Securities Act
      Sections), which is available on our website. Please provide your
analysis with specific
      facts regarding the reorganization. Alternatively, tell us the section of
the Securities Act
      or the rule of the Commission under which exemption from registration was
claimed and
      state the facts relied upon to make the exemption available.
General

9.    Please reconcile your disclosure regarding the 50,000 shares of your
common stock issued
      in 2021. In this regard, we note that page 22 and page 38 state that such
shares were
      issued to the company's wholly owned subsidiary. However, the notes to
the financial
      statements on pages F-26 and F-29 state that such shares were issued to
the purchaser of
      MBF Ops., Inc. Please revise or advise as appropriate.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       You may contact Frank Knapp at 202-551-3805 or Kristina Marrone at
202-551-3429 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Benjamin Holt at 202-551-6614 or Pam Howell at 202-551-3357 with any
other
questions.

                                                            Sincerely,
FirstName LastNameCalvin D. Smiley, Sr.
                                                            Division of
Corporation Finance
Comapany NameVECTOR 21 HOLDINGS, INC.
                                                            Office of Real
Estate & Construction
January 11, 2023 Page 3
cc:       Christen Lambert
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 11, 2023

Calvin D. Smiley, Sr.  
Chief Executive Officer  
VECTOR 21 HOLDINGS, INC.  
9605 W. 49th Ave., #200  
Wheat Ridge, CO 80033

# **Re: VECTOR 21 HOLDINGS, INC.  
Registration Statement on Form 10-12G  
Filed December 15, 2022  
File No. 000-56418**

Dear Calvin D. Smiley:

We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.

After reviewing your response and any amendment you may file in response to these comments, we may have additional comments.

Registration Statement on Form 10-12G filed December 15, 2022

Disposal of MBF Ops., page 2

1. Please update your description of the disposal with the amount and type of outstanding liabilities of MBF Ops. Inc. at the time of divestiture and the value of the 50,000 shares of your common stock issued to MBF Ops, Inc. Please also clearly disclose whether there are any potential risks to the company associated with this disposition of the debt through the sale of MBF Ops. and whether the debt holders could potentially bring claims against the company, notwithstanding the disposition of the assets through the sale of MBF Ops.

Item 1A. Risk Factors, page 8

2. Please revise the risk factors relating to Rule 144 on pages 15 and 16 to clearly reflect that you are currently a shell company and thus Rule 144 is not currently available for resales. We note your page 16 risk factor, 'The Rule 144 Resale Exemption is Not Available for

Calvin D. Smiley, Sr.
VECTOR 21 HOLDINGS, INC.
January 11, 2023
Page 2

Our Company." However, this risk factor appears to include disclosure addressing whether the issuance of securities in the reorganization and disposal of MBF Ops. was exempt from registration. Please revise or advise as appropriate.

Item 2. Financial Information

Management's Discussion and Analysis of Financial Condition and Results of Operations
Results of Operations for the Year Ended June 30, 2022 Compared to June 30, 2021, page 21

3. We note your reference to the "period from March 5, 2021 (Inception) to June 30, 2021" in the discussions of operating results and cash flows on pages 21-23. Please revise to discuss results for the full year. Also revise the table on page 23 to reflect the periods and amounts reported in the Statement of Cash Flows on page F-20.

4. Please revise to break out the material components of the $39,794 in general and administrative expenses incurred during the year ended June 30, 2022. In this regard, we note that general and administrative expenses increased by $36,084 from the year ended June 30, 2021 to the year ended June 30, 2022. In addition, we note that general and administrative expenses for the next twelve months according to your intended budget are $6,000. Please also revise, as appropriate, to the extent the increase in general and administrative expenses is a material event or uncertainty and to the extent management believes the increase indicates a trend. Refer to Item 303 of Regulation S-K.

Item 5. Directors and Executive Officers, page 27

5. Please revise your disclosure on pages 30-34 to disclose whether any of these companies registered any offerings under the Securities Act. In addition, please revise to ensure that all prior involvement of your directors and executive officers with blank check companies during the past five years is disclosed. In this regard, we note that your Form 10-12G filed June 1, 2022 disclosed prior involvement with Canning Street Corp., Fuquan International, Annabidiol, Inc., and TPT Strategic, Inc.

Item 7. Certain Relationships and Related Transactions, page 36

6. Please revise to include disclosure regarding the convertible promissory note with Legacy Technology Holdings Inc. given the affiliation of the company's officers and directors with Legacy.

Item 10. Recent Sales of Unregistered Securities, page 38

7. Please revise to provide the disclosure required by Item 701 of Regulation S-K for the reverse stock split and the forward stock split. We note your disclosure regarding CFR 229.701. However, it is unclear if such disclosure is intended to apply to the reverse stock split as well. In addition, the disclosure does not provide all of the information required by Item 701. Lastly, we note the disclosure added on page 3 that the reverse and forward stock splits were not sales within Section 2(a)(3) of the Securities Act. Please remove such statements or provide the basis for your determination that these transactions are not

Calvin D. Smiley, Sr.  
VECTOR 21 HOLDINGS, INC.  
January 11, 2023  
Page 3

sales. Consider instead whether the exemption under Section 3(a)(9) relating to the exchange of securities would apply to these sales of securities.

8. Please revise to provide the disclosure required by Item 701 of Regulation SK for the issuance of securities in the reorganization and disposal of MBF Ops., as referenced on pages 1-2 and in note one to the financial statements. When viewed together with the disposition, the overall transaction changed the nature of the shareholders’ investment, as it removed the debt of Momentum Biofuels, Inc., the predecessor. It appears that the reorganization and the resulting change in the nature of the shareholders’ investment would constitute a “sale” under Section 2(a)(3) of the Securities Act. For guidance, please see Section 203.02 of our Compliance and Disclosure Interpretations (Securities Act Sections), which is available on our website. Please provide your analysis with specific facts regarding the reorganization. Alternatively, tell us the section of the Securities Act or the rule of the Commission under which exemption from registration was claimed and state the facts relied upon to make the exemption available.

# General

9. Please reconcile your disclosure regarding the 50,000 shares of your common stock issued in 2021. In this regard, we note that page 22 and page 38 state that such shares were issued to the company’s wholly owned subsidiary. However, the notes to the financial statements on pages F-26 and F-29 state that such shares were issued to the purchaser of MBF Ops., Inc. Please revise or advise as appropriate.

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

You may contact Frank Knapp at 202-551-3805 or Kristina Marrone at 202-551-3429 if you have questions regarding comments on the financial statements and related matters. Please contact Benjamin Holt at 202-551-6614 or Pam Howell at 202-551-3357 with any other questions.

Sincerely,

Office of Real Estate & Construction

cc: Christen Lambert