China Yingxia International (fka CYXI)

[Renee]

CYXI: SEC additional Litigation:

http://www.sec.gov/litigation/litreleases/2013/lr22854.htm

[Renee]

CYXI: SEC Litigation:

http://www.sec.gov/litigation/complaints/2012/comp-pr2012-262.pdf

http://www.sec.gov/litigation/litreleases/2012/lr22568.htm

[Pro-Life]

Read the recent posts for the links...

[IPO$]

What did they do?

[Pro-Life]

As if the death sentence was not enough, the stuck holders get the financial death sentence as the SEC steps in and does the same thing today.

Yikes!!!

[monda2frida]

i know, i just posted that

[Renee]

CYXI revoked:

http://www.sec.gov/litigation/admin/2012/34-66523.pdf

[monda2frida]

CYXI China Yingxia International, Inc. Common Stock 3/8/2012 12(j) Registration Revoked by SEC

http://www.otcbb.com/asp/dailylist_detail.asp?d=03/07/2012&mkt_ctg=ALL

[Renee]

CYXI SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-66305.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2012/34-66304.pdf

[IPO$]

China Yingxia Executives Receive the Death Sentence in China for Illegal Fund Raising

Yingxia Jiao was sentenced to death for fraud in China.

Harbin Intermediate People's Court Sentencing December 30, 2010

Jiao Yingxia found guilty of fraud and sentenced to death and deprived of political rights for life and confiscation of all personal property;

Yang Chunxiao was found guilty of fund-raising fraud and sentenced to death, deprived of political rights for life and confiscation of all personal property;

Chen Weiming was found guilty of fraud in financing sentenced him to life imprisonment and deprivation of political rights for life and confiscation of all personal property;

Deng Lanting was found guilty of fraud in financing sentenced him to 13 years imprisonment and fined 300,000 yuan.

The remaining 11 defendants were sentenced to imprisonment ranging from 1 to 10 years and fined 20,000 to 100,000 yuan.

_____________________

Xinhua News Agency reported that Yingxia Jiao, chairwoman of China Yingxia International, and another company executive were sentenced to death in December by a court in Harbin for fraud, according to the news website China Business Knowledge.

Harbin Intermediate People's Court on December 29, 2010, Harbin Ying-Xia Kong (Holdings) Ltd

Jiao Yingxia was sentenced to death for fraud to illegal fund-raising.

Both Jiaoying Xia and Yang Chunxiao were sentenced to death.

Jiao Yingxia established in March 1999 the British Xia Industrial Co., Ltd., Harbin, registered capital of RMB 200 million yuan. In 2000, Jiao Yingxia without any approval in the case of planning for the public to raise funds to stock options beginning in 2002, shares the name of money is the way of high interest rates to attract investment, fraud and criminal activities to raise funds.

Funds raised were in the range of RMB 880 million yuan, the actual return to principal and interest of RMB 120 million yuan, the actual loss of RMB 750 million yuan.

The Court found that Jiaoying Xia, Yang Chunxiao (formerly British Xia, president) and others for the purpose of illegal possession, use fraudulent methods of illegal fund-raising.

This conduct was found to have constituted fraud in financing.

Valley Yujie, who illegally participated in the crime of illegal deposits from the public.

Liu Yansong was found to have intentionally destroyed accounting vouchers, consituting the crimes of concealment, intentionally destroying accounting vouchers, accounting books, financial and accounting reports.

Jiaoying Xia, Yang Chunxiao, Chen Weiming (formerly British Xia Group Financial Controller), Deng Lanting (Jiao Yingxia her husband, former vice chairman of the British Xia Group) were found to be defendants' accomplices.

China Yingxia International, based in Harbin, and a Chinese provider in the nutraceutical industry engaged in the development, manufacture and distribution of nutritional food products, dietary supplements and personal care products in the country, disclosed that its chief executive and chairwoman, Yingxia Jiao, is in talks with the committee formed by certain investors in China.

The investors with whom Ms Jiao is in negotiations had loaned funds to her prior to China Yingxia acquiring the Harbin Yingxia Industrial Group Co, its wholly-owned subsidiary in China, the firm explains. Currently, there are disputes between these investors and Ms Jiao concerning interest payments on these loans. These disputes adversely affected the normal operations of Harbin Yingxia, the company says.

Slowdown of Chinese economy contributed to firm's difficulties

Ms Jiao said she believes that the slowdown of the general economy in China contributed to the difficulties in cash flows of her businesses which have further affected the interest payments that are due to the initial Chinese investors in the firm.

She said that "the disputes that arose since November 2008 have caused our subsidiary, Harbin Yingxia Industrial Group Co Ltd to shut down its operations temporally in late February 2009. As a result, the financial performance of the company in the fourth quarter of 2008 and the first quarter of 2009 have been and will continue to be adversely affected. The company, therefore, withdraws its guidance of sales and net income for 2008 as well as other forward-looking statements previously set forth in Stock Exchange Commission filings, press releases and other public discussions."

May be unable to file Form 10-K timely

The company expects to give a more detailed account of these matters, as well as the full financial implications, in a separate press release or in its annual report on Form 10-K for the fiscal year ended December 31, 2008. These difficulties may cause the group to be unable to file the Form 10-K in a timely manner.

"Efforts have been made to resolve the disputes and to restore the daily operations of the company. Arrangement is being made with the participation of the Harbin municipal government officials to negotiate with the representatives of the initial Chinese 'investors.' We hope that an agreement will be reached with the committee of the investors that will allow the company to return to its operations and to carry out the annual audit and 10K preparation, although delay may be expected," Ms Jiao stated.

per unnamed source.

[roma]

It may be time for next run.

[Modzew]

What was he/she in for? How did you come across this news?

[bUrRpPPP!]

CYXI Chart.Grabbed 50k @ .0225..I hear the CEO is getting out of jail!

[sahd3g]

Nice rally to .12+ from under .03!

As usual...I sold my recent buy at .04 too early...but glad to have a free ride on remainin CYXI shares for the long haul...in case they make a big comeback...

Good luck.

[sahd3g]

wow...this one could recover and go up 1000%...but being conservative...I've locked in my free ride shares for the long haul. No stress...

GL all.

[sahd3g]

Somebody bid this up to .07 this afternoon...nice close...

TA is getting strong and volume has been picking up for awhile now.

Something could be brewing...just about anything from the co. hinting that they are going to be ok and the price should explode.

Just run it up so I can cash out and ride free shares up long term!! Go CYXI. Lots of hot money is flying into us listed china stocks...but, I don't think the sector is done rallying...too many haven't participated yet...and most investors are even into them yet.

[sahd3g]

Strong BUY....just because it's been so long since it rallied. Gaps down could fill quick on any good news whatsoever...any news of any kind.

Somebody has been buying lately...not sure what's going on but I like it.

Added this AM at .04....had meant to buy some recently at .03 but didn't have spare cash. US listed china plays are breaking out left and right...maybe this one is next...figured why not spin some cash off some free stock that's up and get more CYXI...

and CDBTE and CGYV...and ACLO...and CHBU and SIAF too!!!

Free shares being from past swing trade profits on these undervalued china plays...easy and fun to trade....closing in on about 80 different ones now. Only a few are underwater and I'm averaging down in those as it's just a matter of time for most to recover...like CYXI is starting to....

[ToyotaMR2s]

thanks man....if we can get a PR this will go back to the .30-.40 range easily IMO....

[mukluks]

Nice to know I am now playing with house money only after last weeks run up....now the reward outweighs my risk.
Best of Luck with this profit play Toyotamr2!

[ToyotaMR2s]

LOL...me too... seems someone knows something though...

[mukluks]

I am rather enjoying this 300% up on no news.

[bradford86]

I'm stepping out of this one as moderator. I'll be back if things turn around.

[ToyotaMR2s]

CYXI L2 so thin!!! need some news already....

[bradford86]

i think this one is going under and they are taking the emoney and running. until proven otherwise.

[mukluks]

Bradford Do you find it odd that they are not expecting any significant changes according to their latest filing?
PS. Love your alpha writings

[bradford86]

skipper, sure thing boss.

sorry about that. i dont really know what's going on here with cyxi, but i'm definately watching... cause something good 'could' happen, and i stress 'could'

but. odds are something very fishy is up.

[skipper66]

Bradford, can you please remove the sticky note on my post 80 ? Thanks.

[bradford86]

what is this eternal energy disease?

[tmonkey]

i really hope the eternal energy disease isnt catching on--------------tmonkey

[bradford86]

who knows what to do here. seems all sort of scandal with tremendus upside if you know what's going on..

Ren Hu hasn't helped me at all. he's the cfo. i've tried contacting the CEO through my mandarin speaking friends sending direct email. he intercepted it. plan foiled.

Ren Hu has been all around as far as CFO's go. I don't know what to do about him.

[john wayne]

Sure seems like it would have a bounce in it. Even if it is a dead cat.

[tmonkey]

im in for a small play at this price---wont bet the farm but if they have any of the claimed assets its better than the lottery------tmonkey

[john302]

Assets wouldn't be sold off, (to shareholders) dude. You would get nothing. That is not how China RM's work. Completely different than US companies listed in the US.

[john wayne]

Interesting drop here. Not sure if I can bring myself to pull the trigger.

[bradford86]

not being able to pay their interest payments = not $5M cash anymore... the CEO claimed issues on collecting accounts recievable

Hey,

Can anyone of you guys figure out a reason not to buy CYXN?

My dad is suspicious that it’s related with CYXI, but I found nothing similar between the two (except the tickers, I think he got confused)

Glen

[skipper66]

I sold out today, in the first few minutes. This company will go under. I don't believe the amount of cash they claim they have. How would they otherwise shut down?

[bradford86]

Just noticed CYXI sold off on the news.

I noticed that the book value from the last quarterly is $46,755,601

Meanwhile the market cap is $1.1M

If the company does go under, how would the assets be sold off?

Furthermore, could you give me more insight as to the dispute over interest payments when the last reported cash balance is greater than the total liabilities?

Furthermore, Cash-Liabilities > Market Cap

Just digging around.

Glen

From: Ren Hu [mailto:[e-mail]]
Sent: Sunday, March 08, 2009 9:16 PM
To: Bradford, Glen Richard
Subject: Re: CKGT, CYXI

I am not working for CKGT anymore. Don't know much about what CKGT is doing now.
On Sun, Mar 8, 2009 at 9:12 PM, Bradford, Glen Richard .edu> wrote:
My understanding is that you’re still the CFO of CYXI. You’re involved with two of the companies that caught my radar. It looks like you resigned from CKGT in June 2008.

Do you work with CKGT at all anymore?

I understand that a lot of the Chinese otc companies are simply US shell companies that own assets and have arrangements with companies in china. I’m frequently in contact with Adam Wasserman. He does GHII, LTUS, CWSN, etc.

Just trying to figure out what you do,

Glen

From: Ren Hu [mailto:[e-mail]]
Sent: Sunday, March 08, 2009 9:03 PM

To: Bradford, Glen Richard
Subject: Re: CKGT, CYXI

What special in me that caught your attention?
On Sun, Mar 8, 2009 at 9:01 PM, Bradford, Glen Richard <[e-mail]> wrote:
Both caught my radar as potential buys. That’s what caught my attention, since you were involved in both.

Glen

From: Ren Hu [mailto:[e-mail]]
Sent: Sunday, March 08, 2009 8:57 PM
To: Bradford, Glen Richard
Subject: Re: CKGT, CYXI

Which company are you talking about, CKGT or CYXI?

Ren Hu
On Sun, Mar 8, 2009 at 8:53 PM, Bradford, Glen Richard <gbrad> wrote:
Ren Hu,

Are you currently the Vice President of Finance, aka assistant CFO, for CKGT; China Kangtai?

I did some research and found out that you became the CFO of China Yingxia, CYXI, on June 11, 2008.

It looks like CYXI is in trouble and 2 of your committee members had to resign cause there was no work to do cause normal operations were interrupted and: I would like to send you this email to formally resign from the board of China Yingxia Incorporation. For the last two years, the board has never really execute its power and never function as a board. I cannot serve as an independent board member with such nominal title.

This doesn’t really make sense to me because they were supposedly sitting on $5M of cash and absolutely raking it in last time I checked in on Q3, 2008.

Anyway, could you fill me in on what’s going on briefly for CKGT?

Glen Bradford
Purdue University
Masters in Business Administration
Bachelors in Industrial Engineering
School of Engineering Student Ambassador

www.glenbradford.com

[bradford86]

starting to look exciting now actually... $1M company with a book value of $46M?

You kidding me?

How do you get your money back if they go bankrupt?

[bradford86]

i'm waiting for good news to hop aboard this ship.

until then i will stick with comparable companies without such bad news.

[bradford86]

there ended up being no purpose... the guy works for CYXI now. it's not looking very good in my opinion:

the guy was on the defensive when i was simply curious, so then i asked a couple questions.. and noted that there is an issue with a plant closing

It looks like CYXI is in trouble and 2 of your committee members had to resign cause there was no work to do cause normal operations were interrupted and: I would like to send you this email to formally resign from the board of China Yingxia Incorporation. For the last two years, the board has never really execute its power and never function as a board. I cannot serve as an independent board member with such nominal title.

[skipper66]

Had some contact with the company, apparently annual SEC audit has started in Habin, I'll guess they would not do the audits if things were completely messed-up.

Longterm this can still work out. If the company goes belly-up, nobody wins.

[skipper66]

What is the purpose of this e-mail ?

[bradford86]

to: [e-mail]

Ren Hu,

Are you currently the Vice President of Finance, aka assistant CFO, for CKGT; China Kangtai?

I did some research and found out that you became the CFO of China Yingxia, CYXI, on June 11, 2008.

It looks like CYXI is in trouble and 2 of your committee members had to resign cause there was no work to do cause normal operations were interrupted and: I would like to send you this email to formally resign from the board of China Yingxia Incorporation. For the last two years, the board has never really execute its power and never function as a board. I cannot serve as an independent board member with such nominal title.

This doesn’t really make sense to me because they were supposedly sitting on $5M of cash and absolutely raking it in last time I checked in on Q3, 2008.

Anyway, could you fill me in on what’s going on briefly for CKGT?

Glen Bradford
Purdue University
Masters in Business Administration
Bachelors in Industrial Engineering
School of Engineering Student Ambassador

www.glenbradford.com

[bradford86]

SHUT DOWN

i have no clue, i was asking myself the same question. i'm watching like a hawk.

[skipper66]

Why do they need to shut down operations, if they have about 5 mio in cash ?

I don't get it, just another scam ?

[bradford86]

China Yingxia International, Inc.'s chairwoman and CEO is in talks with investors in China


HARBIN, China, March 6 /PRNewswire-Asia-FirstCall/ -- China Yingxia International, Inc. (OTC Bulletin Board: CYXI) ("China Yingxia" or "the Company"), a leading provider in the nutraceutical industry engaged in the development, manufacture and distribution of nutritional food products, dietary supplements and personal care products in the People's Republic of China ("PRC"), today disclosed that its CEO and chairwoman, Ms. Yingxia Jiao, is in talks with the committee formed by certain investors in China.

The investors with whom Ms. Jiao is in negotiations had loaned funds to her prior to the Company acquiring Harbin Yingxia Industrial Group Co., Ltd., our wholly-owned subsidiary in China. Currently, there are disputes between these investors and Ms. Jiao concerning interest payments on these loans. These disputes adversely affected the normal operations of Harbin Yingxia.

Ms. Jiao believes that the slowdown of the general economy in China contributed to the difficulties in cash flows of her businesses which have further affected the interest payments to the initial Chinese investors. The disputes that arose since November 2008 have caused our subsidiary, Harbin Yingxia Industrial Group Co., Ltd., to shut down its operations temporally on in late February 2009. As a result, the financial performance of the Company in the forth quarter of 2008 and the first quarter of 2009 have been and will continue to be adversely affected. The Company therefore withdraws its guidance of sales and net income for 2008 as well as other forward-looking statements previously set forth in SEC filings, press releases and other public discussions.

[Timing]

Time to revive this board.....

Agronix is set for a comeback sooon, imo.

Timing

[mplsmoney]

Can someone try and explain to me how the bid/ask sits at .14/.19 all day and two trades of 5K happen at .14?? If the ask stays at .19 how does someone buy at .14? This is a 52 week low. I'm confused. I've been waiting for something positive to develope with this company and have spoken with management and don't get what's happening. Any ideas would be appreciated.

Scott.

[mplsmoney]

any body else feeling a bit nervous? EOM

[mplsmoney]

Agronix, Inc. Enters into its First MOU in China with Henan Hongye Agricultural Development, Inc.

WEDNESDAY, FEBRUARY 11, 2004 08:20 AM

LOS ANGELES, Feb 11, 2004 (PRIMEZONE via COMTEX) -- Agronix, Inc. (OTCBB:AGNI) (Berlin Stock Exchange:AGNI.BE) is pleased to announce it has entered into an agreement with Henan Hongye Agricultural Development, Inc. (HHAD), a company based in Henan Province, China for a period of 12 months to work exclusively with Agronix to complete a business arrangement to transfer Agronix's BCR technology to HHAD's existing waste management facilities and to integrate Agronix's technology into future waste management plants for the Henan Region of China. Agronix and HHAD intend to reach a formal contract over the next 6 months.

The introduction to HHAD was made through the Representation Agreement between Agronix and Genesis Technology Group Inc. Genesis's CEO, Gary Wolfson stated, "We are very encouraged with HHAD's initial acceptance of Agronix's organic waste technologies. The Chinese market has enormous potential for Agronix -- this is a good start."

The Agronix team consisting of Messrs. Peter Drummond (CEO/Chairman), Tim Woodward (Asia Regional Advisor), Dave Roberts (President Operations/Business Advisor) and Dale Fehr (Vice President Operations/Technical Advisor), met with Mr. Zhi Yi Na (President), Mr. Zhang Ren Liang (General Manager) and Mr. Lu Run Sheng (Senior Advisor) of HHAD. They toured some of HHAD's production facilities which included a hog and chicken factory farm. At the end of the inspection day, the delegation met with government officials including the Party Secretary, Zhang Jie.

Both parties to the agreement felt the outcome of the agreement will improve the quality of life of the citizens of Henan Province and China.

Peter Drummond, CEO/Chairman, stated, "The demand for organic waste processing and end products (organic fertilizer) from Agronix's BCR System will play a significant role in Agronix' future success in China.

About HHAD

Henan Hongye Agricultural Development, Inc. was founded in 1996 and now has 1,200 employees with annual sales of $14.5 million. Demand in the region for fertilizer exceeds $1.2 billion annually. HHAD intends to expand its 30,000 ton production facility to 100,000 tons per year, based on documents furnished by the company.

About Agronix

Agronix is a recognized leader in innovative organic waste management technology. The Company's BCR System converts organic waste materials (animal manure, sewage sludge, bio-solids, and industrial food processing waste, etc.) into organic fertilizers, soil amendments and other value-added agricultural products. The Company is also engaged in the business of developing their BCIR System technology that is used to recover chemical commodities from organic waste for a wide variety of commercial industries such as agriculture, food, oil and gas, paper, clothing and pharmaceuticals.



Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

SOURCE: Agronix, Inc.

By Staff