SKY Digital Stores Corp., formerly Yellowcake Mining Inc., is a mobile Internet product and application service provider. It carries global brands of Smart phones, tablets and accessories. Though Shenzhen Xing Tian Kong Digital Company Limited (XTK), its wholly owned subsidiary, operate retail stores and online e-commerce stores under Sky Digital Stores and Dasen Mobile Communications brand. Its wholly own subsidiary Donxon design, manufacture and distribute its line of mobile devices. It operates in two segments: mobile phone manufacturing and retail store. Its mobile phone manufacturing segment relates to Donxon. Retail store segment relates to Shenzhen Dasen. On May 5, 2011, it completed the acquisition of First Digital Holding Limited. On August 1, 2011, the Company incorporated a subsidiary, Xinyang City Donxon Mobile Communication Technology Company Limited. On March 12, 2012, it established Sky Digital Communication Technology Ltd.
COMPANY WEBSITE: http://en.skyc.cc/en/?p=56&a=view&r=125
SKYC Security Details
| Market Value1 || $904,901 || a/o Sep 09, 2013 |
| Shares Outstanding || 25,854,320 || a/o Nov 12, 2012 |
| Float || Not Available |
| Authorized Shares || 750,000,000 || a/o Jan 31, 2011 |
| Par Value || 0.001 |
| Shareholders of Record || 132 || a/o Nov 29, 2012 |
- Capital Change=shs increased by 30 for 1 split Ex-date=01/24/2007.
- Capital Change=shs decreased by 1 for 200 split. Pay date=04/20/2011
FROM EDGAR SEC REPORTING SITE IS THE FOLLOWING 8-K:
On November 29, 2012, the Board of Directors of SKY Digital Stores Corp. (the “Company”) made the decision to deregister the Company’s common stock, par value $0.001 per share (the “Common Stock”) because the financial and other costs to the Company of remaining a U.S. public company far outweigh the benefits to the Company and its shareholders of having the Common Stock registered. In particular, the difficulties faced by smaller Chinese companies in raising capital in the United States make it impossible to justify the significant expenses associated with audit, legal, regulatory and related expenses. By deregistering its Common Stock, the Company will be able to focus all of its efforts on continuing to grow its core business.
Accordingly, the Company has filed a Form 15 terminating the registration of the Company’s Common Stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”). The Company is relying on Rules 12g-4(a)(1) and 12h-3(b)(1)(i) under the Exchange Act, to terminate its duty with respect to the Common Stock. Accordingly, the Section 12(g) registration will be terminated 90 days after the filing of the Form 15, at which time the Company will have no further reporting obligations under the Exchange Act.
SO, THIS COMPANY HAS "GONE DARK" FOR THE REASONS STATED: To save expenses and focus capital on growing its core business. For example, it has built a smart phone factory in China to take advantage of domestic demand.
Now it sells the fameous Apple I-Phone and its own cheaper mobil telephones: http://en.skyc.cc/en/?p=8
THE ULTIMATE QUESTION IS WILL IT EVER RETURN TO SEC FILINGS IN NORTH AMERICA AND PROMOTE ITS OWN STOCK WITH THE COMMON GOAL OF ALL COMPANIES- EQUITY FINANCING? TIME WILL TELL.