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North China Horticulture, Inc. (fka IDCX)

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  • North China Horticulture, Inc. - IDCX.OB

    (iBox Updated 8/8/11 by BeachCracker)

    LongSheng Village, Tangshan Town, Zhengan District
    Dandong City, Liaoning, P.R.China



    http://www.otcmarkets.com/stock/IDCX/quote


    Our Industry:

    The following industry information has been obtained from various market research reports and publicly available sources. We believe this information to be current and reliable. However, we have not independently verified such information, and you should not unduly rely upon it.

    Blueberries are flowering plants of the genus Vaccinium.  Blueberries are either consumed fresh, frozen or processed into food products.  China has historically not been a major producer or consumer of blueberries.  In recent years, Chinese farmers have begun to cultivate blueberries in earnest due to the high price that can be commanded in the market.  Research demonstrating the health benefits associated with blueberry consumption has been followed by increasing global demand and production.

    In the U.S. market, the two largest uses for blueberries are baked goods and non-alcoholic beverages.  The following table provides a breakdown of U.S. blueberry processing usage:





    Our Products:

    Our products consist of blueberry seedlings of sizes ranging from 2 inches to 8 inches tall.  We sell a variety of blueberry seedlings, including the following varietals:  Vaccinium, V. ugilinosum and V. vitis-idaea.  The images below show the cultivation of blueberry seedlings in our greenhouse facilities.





    Our Corporate Structure
    All of our business operations are conducted through our Hong Kong and Chinese subsidiaries and controlled affiliate.  The chart below presents our corporate structure:




    Latest 8-K Filing - July 1, 2011:

    "On June 23, 2011, North China Horticulture, Inc. (the "Company") entered into a Leasing Agreement (the "Agreement") with the Youhao Forestry Bureau, Heilongjiang Province (the "Bureau"). Pursuant to the Agreement, the Company will lease 59 acres of blueberry fields from the Bureau. The lease will expire on June 30, 2061 and the cost of the lease is $613,000 payable within three days of the date of the lease."
    http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8023166




    Over $8,000,000.00 in Assets:






    Over $4,500,000.00 in Gross Profit Reported:



    Sales Channels

    We have a sales staff dedicated to generating sales as well as attending sales fairs and trade shows. Our sales staff is compensated on a salary plus commission basis. Our customers often seek us out directly as we are well known in the industry as a high quality provider of blueberry seedlings. Customers are responsible for all costs associated with product pickup and transport arrangements. In 2008, we sold all of our products to a related party, Yichun Lindu Shanyeguo Development Company, but we have since made efforts to diversify our sales channels. In 2010, our top six customers accounted for 78% of our total sales. The table below details our top customers in 2010:
    http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?formType=10-K

    Nanjing Forestry University Science and technology Development Co., Ltd
    1,163,375 17 %
    Qingan County Qingan Town Ji'an Committee
    1,173,357 17 %
    Qingan County Qinlao Town Qinpu Committee
    912,006 13 %
    Qingan County Qinlao Town Qinlao Committee
    733,832 11 %
    Qingan County Qinlao Town Qinfa Committee
    715,539 10 %
    Qingan County Qinlao Town Qinfu Committee
    695,726 10 %


    Raw Materials

    The principal raw material used in our production is the blueberry seedlings, but our raw materials also include the supplementary materials applied to facilitate seedling growth such as fertilizer. The majority of our raw materials are purchased in our local area. The table below details our major raw material suppliers in 2010:

    http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?formType=10-K

    Top Suppliers
    Amount ($)
    Purchased

    Dandong Beilin Trading Co., Ltd
    1,214,208 59 %
    Dandong Shengyuan Agricultural Co., Ltd
    435,613 21 %
    Changchun Senyuan Fertilizer Co. ,Ltd
    191,839 9 %
    Total
    1,841,660 89 %


    208 Employees

    http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?formType=10-K

    We currently employ a staff of approximately 208 employees. We believe we are in material compliance with all applicable labor and safety laws and regulations in the PRC, including the PRC Labor Contract Law, the PRC Unemployment Insurance Law, the PRC Provisional Insurance Measures for Maternity of Employees, PRC Interim Provisions on Registration of Social Insurance, PRC Interim Regulation on the Collection and Payment of Social Insurance Premiums and other related regulations, rules and provisions issued by the relevant governmental authorities for our operations in the PRC. According to the PRC Labor Contract Law, we are required to enter into labor contracts with our employees and to pay them no less than the local minimum wage.



    Share Structure:

    The last filing shows 50M OS and 1.1M Float->>>
    As of March 31, 2011, the registrant had 50,000,139 shares of common stock outstanding.

    OS = 50,000,139
    Less 48,890,641
    = 1,109,498


    http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7927151

    http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=5i5EQWvDVAwEtt8Bcs7quA%253d%253d&nt7=0

     


    Research reports available from Market Publishers:

    http://marketpublishers.com/report/business_finance_insurance/business_services/north_china_horticulture_inc_swot_analysis_bac.html
    http://marketpublishers.com/report/business_finance_insurance/business_services/china_commercial_services_supplies_analysis_bac.html
    http://pdf.marketpublishers.com/933/china_commercial_services_supplies_analysis_bac.pdf

    Big names in their Client List:
    http://marketpublishers.com/docs/contact_us.html

    About Us

    The Market Publishers, Ltd. is a multilingual hypermarket with sound experience in trading market research reports and analytical information at international and local markets.

    MarketPublishers.com combines experts and professionals worldwide to introduce their high-quality research reports on specific fields with a wide knowledge of the subject matter.

    We perform professional service to supply with high-grade market research, and support decision-making based on increased awareness and understanding. We do our best in punctual update & continuous development of the existing multilingual database that involves hundreds of thousands unique market research reports and analytical reviews.



    Potential Bounce Underway:



     

PostSubject
#1136   Can you please report me to IDCX's "legal Smilin_B 09/17/16 08:58:12 AM
#1135   IDCX shares can NEVER be cancelled, except by sunsailor 08/07/16 11:43:13 AM
#1134   No one can invest in IDCX It's impossible All shares Smilin_B 08/07/16 10:49:44 AM
#1133   IDCX is U.S. FDA approved, Certified Kosher, Moody's, sunsailor 08/07/16 08:06:29 AM
#1132   IDCX has been permanently deregistered and all shares cancelled Smilin_B 08/06/16 09:53:52 PM
#1131   IDCX now has almost 2,000 employees, up from sunsailor 08/06/16 02:49:21 PM
#1130   IDCX net profit was almost US$10 million last sunsailor 08/06/16 02:11:26 PM
#1129   IDCX listing status has been REVOKED. Shares cancelled. Never to Smilin_B 08/06/16 10:55:35 AM
#1127   Pssst.... IDCX is dead Smilin_B 07/28/16 09:26:22 AM
#1126   From IDCX 10K extrapolations of 59 acres revs sunsailor 09/30/15 09:28:00 AM
#1125   IDCX now has an enterprise value of over sunsailor 09/29/15 10:31:18 PM
#1124   An SEC attorney confirmed to me many revoked sunsailor 09/29/15 10:22:18 PM
#1123   IDCX has been revoked. It cant be Smilin_B 09/29/15 07:52:58 PM
#1122   IDCX SEC Judge: sunsailor 09/29/15 02:11:27 PM
#1121   You ever hear of the 2004 (“SEC”) instituted sunsailor 09/29/15 02:06:39 PM
#1119   Accordingly, notice is hereby given, pursuant Smilin_B 09/29/15 12:19:15 PM
#1117   And this has WHAT to do with IDCX Smilin_B 09/28/15 11:32:33 PM
#1116   In the Matter of JOSEPH MEUSE --ADMINISTRATIVE PROCEEDING sunsailor 09/28/15 08:49:17 PM
#1115   IDCX: 8/17/2015: China's LARGEST Blueberry Cultivation Project In sunsailor 09/28/15 06:32:20 AM
#1114   Hi sunsailor Adrenilin 06/20/15 02:18:47 AM
#1113   "YICHUN, August 21 - The 2014 China Youhao sunsailor 04/04/15 07:09:34 PM
#1112   I won't educate you in E.A. Form (X) sunsailor 01/07/15 08:00:47 PM
#1111   What part of "IDCX shares ave been deregistered" Smilin_B 01/07/15 01:09:37 PM
#1110   Not having any discipline for patience is evidence sunsailor 01/07/15 06:57:43 AM
#1109   sunsailor, guess what? Smilin_B 01/07/15 03:18:31 AM
#1108   Having another whining tantrum will only mess your sunsailor 01/07/15 02:08:17 AM
#1107   You DO realize that this stock will NEVER Smilin_B 12/02/14 01:26:40 AM
#1106   RE: 10% Owner/Director Joseph Meuse: (Deemed unrelated SEC sunsailor 12/01/14 08:36:06 PM
#1105   "China soon to be world's largest blueberry producer sunsailor 09/18/14 05:20:15 PM
#1104   (2011 Demand=10K Tons.) (2016 Demand=60K Tons!) sunsailor 07/14/14 10:29:57 PM
#1103   China soon to be world's largest blueberry consumer sunsailor 07/14/14 10:13:19 PM
#1102   $20/share START-UP IDCX IS A DEVELOPING CONGLOMERATE!!! sunsailor 06/30/14 10:35:26 AM
#1101   You do realize its OVER right? Smilin_B 06/29/14 08:48:20 PM
#1100   CEO Guang Zhao has several other proven companies. sunsailor 06/29/14 09:12:04 AM
#1099   Helloooooooooooooooo???? Smilin_B 04/30/14 06:18:53 PM
#1098   Sunsailor, guess what? ITS OVER Smilin_B 04/30/14 12:07:18 AM
#1097   IDCX evaporated into thin air. ChartMasterpieces 04/29/14 04:05:03 PM
#1096   IDCX revoked: Renee 04/23/14 09:30:52 AM
#1095   Find North China Horticulture on FaceBook. sunsailor 03/12/14 11:50:08 AM
#1094   SEC attorneys: (IDCX) Issuer reinstatement option is FACT. sunsailor 03/12/14 10:03:34 AM
#1093   One thing is fact. Smilin_B 03/11/14 09:46:34 PM
#1092   LAST PARAGRAPH OFFERS ESCAPE CLAUSE! sunsailor 03/11/14 09:29:45 PM
#1091   CONTINUED: SEC ID-572 (3/11/2014) IDCX REVOKED sunsailor 03/11/14 08:36:22 PM
#1090   SEC: ID-572 Mar. 11, 2014 North China Horticulture, Inc. sunsailor 03/11/14 08:14:44 PM
#1089   Analysis of IDCX Accounts Receivables. sunsailor 03/04/14 09:38:06 AM
#1088   Worldly Dr. Tingting Jiang IDCX Director sunsailor 03/03/14 07:52:07 AM
#1087   Interesting IDCX Youhao Forest's 20 Siberian Tigers sunsailor 03/02/14 07:02:24 PM
#1086   Please contact IDCX counsel asap, et al. sunsailor 03/02/14 01:29:07 PM
#1085   More related IDCX info on principals/directors for contacting: sunsailor 03/01/14 04:05:48 PM
#1084   CALL & CONTACT IDCX Beneficial Owners: sunsailor 03/01/14 12:15:04 PM
PostSubject