Chykingyoung Invt. Dev. Hldgs. Inc. (CHYI)

[newtechinvestor]

10Q filed few days ago.

Trends and Uncertainties

"Our hotel travel booking web site for the business-to-business stage is now under testing prior to the official launching. The initial 39,000 available hotel rooms have been uploaded to the site, and will facilitate travel agencies to book rooms directly via the internet without having to personally call the office for booking. The web site launched in 2012. The web site facilitates the company’s travel agency customers, who already have or will set up accounts with us (B to B)."

"Management expects sales and gross revenue will grow significantly over the current year volume after the web site is launched. We anticipate that it will not be a straight-line growth pattern but an exponential increase. This anticipation can be realized if we spend the necessary funds in promotion through internet advertising, radio and television clicks and news media advertising. On the whole, the more we direct funds into promotion, the bigger the increase in sales as a return."

http://www.sec.gov/Archives/edgar/data/1361540/000101489713000165/globalink10q1q13v2.htm

Company's statement regarding website launch previous quarter:

"We are currently working on the hotel booking website. The initial structure and preliminary functions are done. More work will be required before the site can be used and tested. Actual hotel listings will need to be incorporated."

http://www.sec.gov/Archives/edgar/data/1361540/000101489712000394/globalink10q3q12v2.htm