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SKY Digital Stores Corp. (SKYC)

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Last Post: 5/14/2014 8:21:25 PM - Followers: 66 - Board type: Free - Posts Today: 0
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Company Information

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
Share Structure
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
Shareholders of Record 132 a/o Nov 29, 2012
Security Notes
  • 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:
Item 8.01
Other Events.
 
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.


 
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SKYC
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PostSubject
#1603   Agree they rise together AND Martin, Crusader 05/14/14 08:21:25 PM
#1602   Sky Digital Summary: Crusader 02/21/14 11:23:49 AM
#1601   So, Nothing Happening Here, Seems Dead In The Water. Mark280z 02/20/14 08:21:22 PM
#1600   Nope. They will rise along with AIVI in martind18 02/08/14 06:03:35 PM
#1599   Anybody Have Any News On SKYC?? Mark280z 02/08/14 10:27:42 AM
#1598   In a possibly related matter, there is this: Crusader 12/29/13 11:32:03 PM
#1597   Hey mr .05 seller... who keeps selling a martind18 12/11/13 02:55:17 PM
#1596   How did this get to .0001???? martind18 11/07/13 11:39:01 AM
#1595   Someone back again selling $3.50 worth... Has to martind18 10/25/13 12:22:39 AM
#1594   I see we are back to .05 here martind18 10/18/13 12:47:38 AM
#1593   GOING DARK HERE, LIGHTING UP THERE?? Crusader 09/30/13 12:38:14 PM
#1592   Xinyang City industrial agglomeration area of ??electronic information Crusader 09/29/13 06:15:49 PM
#1591   Yup, she may very well do so: Crusader 09/18/13 11:03:02 PM
#1590   She will rise with AIVI martind18 09/18/13 12:03:18 AM
#1589   New SKYC article: Crusader 09/17/13 11:45:36 PM
#1588   Yes sir!!! I am invested here!! martind18 09/10/13 07:54:37 PM
#1587   I updated the I-Box, Crusader 09/10/13 07:06:24 PM
#1586   Is anyone following this stock? Crusader 09/10/13 04:34:49 PM
#1585   SKYC: no volume today, Crusader 08/20/13 08:54:30 PM
#1584   Here is the correct link- sorry Crusader 07/31/13 03:09:40 PM
#1583   Here is the correct link- sorry Crusader 07/31/13 03:06:27 PM
#1582   I'm on the road... What is it??? Woo hoo... martind18 07/30/13 09:46:21 PM
#1581   News dated today: Crusader 07/30/13 08:39:17 PM
#1580   Photos of SKYC production line, Crusader 07/30/13 09:55:10 AM
#1579   Some action here today martind18 06/18/13 12:29:28 PM
#1578   That's very difficult for me to read... :-/ The70th 06/03/13 08:26:19 AM
#1577   Industrial Park news: Crusader 06/01/13 07:18:06 PM
#1576   Any buying is good buying, IMO The70th 05/31/13 11:50:04 AM
#1575   2 trades totaling $990.00 BTKV 05/29/13 03:32:39 PM
#1574   Yes... I saw that! Was that all martind18 05/29/13 03:26:53 PM
#1573   Well, A Little Action Today. Mark280z 05/29/13 03:14:24 PM
#1572   That you on the bid ? martind18 05/10/13 03:51:19 PM
#1571   Ok I pick up a very small starter mojobosco 05/10/13 03:41:29 PM
#1570   Mark, I can help Martin in a week Crusader 05/06/13 12:33:33 PM
#1569   Yes, you do, Martin. Crusader 05/06/13 12:24:39 PM
#1568   I have a lot to post about Skyc martind18 04/29/13 12:22:12 PM
#1567   I took a mod position. Having computer troubles martind18 04/26/13 11:58:04 AM
#1566   Company went dark a year ago.... but they martind18 04/25/13 01:34:02 PM
#1565   Won't be much longer.... this is going to martind18 04/25/13 01:32:30 PM
#1564   This Board Needs A Moderator To Get Rid Mark280z 04/21/13 09:13:15 AM
#1563   NEWS ARTICLE TODAY..... mentions Sky Digital and Aivtech AIVI martind18 04/15/13 08:17:36 AM
#1562   Raise The Ask!!!! Mark280z 03/25/13 01:30:31 PM
#1561   I'm counting on it. martind18 03/20/13 11:20:53 PM
#1560   SKYC Needs More Exposure, Could Be Back To Mark280z 03/20/13 04:24:53 PM
#1559   Hey... You mean there are other earthlings here?????? martind18 03/14/13 10:30:58 PM
#1558   Alright, I Am Jumping Also, Others Will Be Mark280z 03/14/13 09:55:59 PM
#1557   Up 100%.... and nobody here to jump up martind18 03/14/13 04:00:33 PM
#1556   Not for long.... Crusader 03/06/13 08:49:36 PM
#1555   I tend to think that SKYC and AIVI martind18 03/06/13 12:29:54 PM
#1554   Wow.... action here!! martind18 03/06/13 10:11:42 AM
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