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Qualis Innovations Inc. (QLIS)

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Last Post: 10/17/2019 9:26:08 AM - 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.


 
QLIS
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PostSubject
#1808   Vol spike Golden_Cross 10/17/19 09:26:08 AM
#1807   $QLIS: MINISCULE TINY TINY TINY FLOAT... Only 25k makinezmoney 10/16/19 10:08:55 AM
#1806   Yeah, very nice adijas 07/09/19 11:40:10 AM
#1805   Agreed. Hopefully close to news/filings MegaDeath 07/09/19 11:24:41 AM
#1804   Getting a higher and higher base here ///M3 07/09/19 11:13:23 AM
#1803   Looks like more loading today on good volume MegaDeath 07/09/19 10:49:36 AM
#1802   4 is up, really could see a big Fugu 07/03/19 11:12:44 AM
#1801   Decent size bid here at 1.5 Fugu 07/03/19 09:38:08 AM
#1800   $QLIS: Systems going for sale makinezmoney 07/02/19 12:05:18 PM
#1799   Looks like there about to get going. ///M3 07/01/19 08:19:02 PM
#1798   Bidding 2s and 1.10 gets whacked lol Geez Fugu 07/01/19 11:20:01 AM
#1797   $QLIS: Since you blocked me on Twitter makinezmoney 07/01/19 09:22:30 AM
#1796   Nice! Lots of tweets since June 28th, first adijas 07/01/19 09:20:39 AM
#1795   $QLIS: Commercials !!!!!!!!!!!!!!!!!!!!!!!!!!! makinezmoney 07/01/19 09:11:49 AM
#1794   Looks like someone is loading, 1200 volume, now adijas 06/27/19 03:06:12 PM
#1793   Did anyone even see this? So quiet, thanks Fugu 06/11/19 02:37:25 PM
#1792   Thanks for the 400@ 1.45 whoever lost patience. Fugu 06/04/19 12:11:25 PM
#1791   Yeah, nice adijas 05/06/19 02:00:34 PM
#1790   Decent vol today, may test that 3 again Fugu 05/06/19 01:57:58 PM
#1789   Very Interesting, but still no filing yet! serious38 03/18/19 02:48:18 PM
#1788   Lowfloat, I don’t have pm but this was Fugu 03/15/19 10:31:55 AM
#1787   Yeah, added another 500 today. Now sitting lower Fugu 03/15/19 10:17:16 AM
#1786   We may be able to get some shares QuitinMyJob 03/13/19 04:07:53 PM
#1785   Added some 1.00s and looking for more. Fugu 03/12/19 10:02:51 AM
#1784   I'm bidding for some more. adijas 03/01/19 05:46:02 PM
#1783   Missed several of the last trading days. QuitinMyJob 03/01/19 05:25:04 PM
#1782   Got another 100 as seller hanging about Fugu 03/01/19 02:54:18 PM
#1781   Nice and quite, added a few more this Fugu 03/01/19 12:09:46 PM
#1780   Nice find! Him stepping down now as CEO adijas 02/24/19 02:29:58 PM
#1779   I believe we may see something soon imo. QuitinMyJob 02/24/19 12:51:43 PM
#1778   Looking good MegaDeath 02/20/19 02:05:34 PM
#1777   Shares are getting locked down. Should make QuitinMyJob 02/20/19 02:00:31 PM
#1776   2.8 x 4 adijas 02/20/19 01:16:19 PM
#1775   Agreed. Hope we'll see some kind of filing soon. adijas 02/19/19 02:22:01 PM
#1774   I'm surprised this hasn't caught investors eyes yet. QuitinMyJob 02/19/19 02:17:39 PM
#1773   I added too last week, and still bidding adijas 02/19/19 02:03:23 PM
#1772   I totally agree. I may add some QuitinMyJob 02/19/19 11:59:46 AM
#1771   Perhaps, I know when I perceive to Fugu 02/19/19 11:53:07 AM
#1770   I think we may be the only ones QuitinMyJob 02/19/19 11:38:36 AM
#1769   Bidding for some 1.90s and below Fugu 02/19/19 09:59:40 AM
#1768   Bids moving up here. This could be QuitinMyJob 02/19/19 09:53:31 AM
#1767   Here is some more info on LCMI. Very QuitinMyJob 02/16/19 11:18:39 PM
#1766   After doing some research I've seen multiple sources QuitinMyJob 02/16/19 11:04:56 PM
#1765   Here is another link describing the LCMI. https://www.onemednews.com/2016/11/27 QuitinMyJob 02/16/19 10:59:42 PM
#1764   I had a bid at $2 almost the QuitinMyJob 02/15/19 04:36:58 PM
#1763   $QLIS: You could buy the whole OS for makinezmoney 02/15/19 10:52:07 AM
#1762   I dthis stock should easily get to $50 QuitinMyJob 02/15/19 10:49:26 AM
#1761   I think buying down here is a no QuitinMyJob 02/15/19 10:38:29 AM
#1760   $QLIS: BINGO.... after watching $WDBGD go to $60 makinezmoney 02/15/19 09:58:51 AM
#1759   Added another 200 at 2 although I want Fugu 02/15/19 09:49:19 AM
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