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Nevaeh Enterprises Ltd. Announces Company Name Change to Pan Ocean Container Supplies Ltd. (PAOC)
BEIJING, China, Dec. 15, 2014 /PRNewswire/ - Nevaeh Enterprises Ltd. (the "Company") announces that it has completed its Company name change to Pan Ocean Container Supplies Ltd. (PAOC) effective immediately. This new name signifies another important milestone of the corporate reorganization strategy the Company has been undergoing pursuant to a merger agreement executed between the Company and Pan Ocean Shipping Container Supplies Co Ltd. of China.
Pan Ocean Shipping Container Supplies Co Ltd. is a global leader in the shipping container manufacturing industry and is based in China. The business operation has an invested capitalization of approximately USD $100 million dollars. The land component of the business spans over 47 acres of land, on which situate several factory buildings, container yards and office buildings. The annual production output of the operation is expected to yield 180,000 TEU (120,000 containers).
About Pan Ocean Container Supplies Ltd. (PAOC)
The Company is focused on becoming one of the largest container manufacturing operations in the world. PAOC is aiming to develop and produce newer lightweight containers, cold chain containers, non-standard multi-purpose containers, second generation smart containers and international general containers. The Company's design and production mission statement is "safety, green, smart and lightweight".
Safe Harbor Statement
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.
PAOC An interesting article- that mentions $PAOC http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC An interesting article- that mentions $PAOC http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC $PAOC got a mention in this article http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC $PAOC got a mention in this article http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC This article mentions $PAOC http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC This article mentions $PAOC http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC This article mentions $PAOC and the talks about a new trend the shipping container industry could take advantage of. http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC This article mentions $PAOC and the talks about a new trend the shipping container industry could take advantage of. http://www.smallcapnetwork.com/Shipping-Containers-Go-Green/s/via/37621/blog/view/p/mid/1/id/1/
PAOC I think that really speaks to the potential this play has
PAOC I think that really speaks to the potential this play has
In my opinion PAOC could be ready for a monster 2015 year. According to analyst, Helane Becker, an increase in global GDP leads to container demand growth by two or three times....Global GDP for 2014 according to Statista is at 4.13% up from 2013’s 3.6%
PAOC There was a good article on Seeking Alpha the other day....http://seekingalpha.com/article/2720235-growth-in-global-trade-opens-investment-opportunity-in-shipping-container-stocks
Good to hear!
$PAOC is well positioned to grow in the shipping container market. It helps when almost 90% of the world’s manufactured goods are moved by container, and roughly 40% arrive by ship.
$PAOC is well positioned to grow in the shipping container market. It helps when almost 90% of the world’s manufactured goods are moved by container, and roughly 40% arrive by ship.
$PAOC looks to me like an undiscovered trade right now. Pan Ocean China just came on board and the output that the company is expecting to roll out is no small feat. Also watching $PLKD $CTIX $STTK $NTEK
$PAOC looks to me like an undiscovered trade right now. Pan Ocean China just came on board and the output that the company is expecting to roll out is no small feat. Also watching $PLKD $CTIX $STTK $NTEK
$PAOC I saw that too. Definitely Good signs! Also watching $PLKD $CTIX $STTK $NTEK
$PAOC- that is super helpful! Thanks for doing some digging and coming up with great info! Looking like we might see some movement today! Also watching $PLKD $CTIX $STTK $NTEK
$PAOC Yeah- I've definitely seen a lot of people talking about it. Hopefully the company catches on and gives us some news soon too! $PLKD $CTIX $STTK $NTEK
$PAOC I agree. I was really happy to see it at $2.00 yesterday. I haven't thrown any cash in yet...but IMO it's only a matter of time before there is something bigger happening. $PLKD $CTIX $STTK $NTEK
$PAOC Seeing some upward movement...could be a bit more before the final bell! $VPCO $PLKD $STTK
$PAOC Seeing some upward movement...could be a bit more before the final bell! $VPCO $PLKD $STTK
$PAOC Yeah sure would be nice to see some info from the company...give us a little more to go on here.
$PAOC I think if more people catch wind of it, there will be some movement in the near future.
$PAOC Yeah- I've seen some chatter about them too. Have them on my watchlist. Also saw this article the other day
http://seekingalpha.com/article/2720235-growth-in-global-trade-opens-investment-opportunity-in-shipping-container-stocks
I agree...I'm really anxious to see how things play out this week for $PAOC.
Form 10-Q for PAN OCEAN CONTAINER SUPPLIES, LTD.
3-Dec-2014
Quarterly Report
ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Unless otherwise indicated, references in this Quarterly Report on Form 10-Q to "we," "us," and "our" are to the Company, unless the context requires otherwise. The following discussion and analysis by our management of our financial condition and results of operations should be read in conjunction with our unaudited condensed interim financial statements and the accompanying related notes included in this quarterly report and our audited financial statements and related notes and Management's Discussion and Analysis of Financial Condition and Results of Operations included in our Annual Report on Form 10-K for the year ended April 30, 2014 filed with the Securities and Exchange Commission.
Cautionary Statement Regarding Forward-Looking Statements
This report may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act, and we intend that such forward-looking statements be subject to the safe harbors created thereby. These forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. Any such forward-looking statements would be contained principally in "Management's Discussion and Analysis of Financial Condition and Results of Operations" Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities and the effects of regulation. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "anticipates," "believes," "could," "estimates," "expects," "hopes," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" or similar expressions.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We discuss many of these risks in greater detail in "Risk Factors" in our Annual Report on Form 10-K for the year ended April 30, 2014 filed with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date of this report. You should read this report and the documents that we reference in this report and have filed as exhibits to the report completely and with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Additional information concerning these and other risks and uncertainties is contained in our filings with the Securities and Exchange Commission, including the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended April 30, 2014.
Our unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report. All references to "US$" refer to United States dollars and all references to "common shares" refer to the common shares in our capital stock.
COMPANY OVERVIEW
Pan Ocean Container Supplies, Ltd. was incorporated in the state of Nevada on June 15, 2006. Our initial business plan was to operate as a software developer which will create a software interface which will integrate existing cellular phone devices with an automobile's existing navigation system in order to relay text or email message through an automobile's sound system or navigation display. On October 10, 2014, we executed an agreement with the Pan Ocean
(China) (the "Agreement"), whereby pursuant to the terms and conditions of the Agreement, Pan Ocean (China) shareholders will acquire six million (6,000,000) shares of our common stock, in order to become a wholly owned subsidiary. The closing of the transaction in the Agreement are contingent upon satisfaction of certain conditions listed in the Agreement.
RESULTS OF OPERATIONS
We have not generated any revenues for the six months ended October 31, 2014.
We incurred general and administration expenses of $10,712 for the six months ended October 31, 2014, compared to general and administration expenses of $1,970 for the six months ended October 31, 2013. The increase in expenses is a result of an increase in professional expenses and legal fees.
For the six months ended October 31, 2014, we incurred a net loss of $10,712.
LIQUIDITY AND CAPITAL RESOURCES
As of October 31, 2014, we had assets of $4,051 and liabilities of $72,417. During the six month period ended October 31, 2014, the Company satisfied its working capital needs from loans payable to financial corporation.
As of October 31, 2014, we had cash on hand in the amount of $ 4,051. Management does not expect that the current level of cash on hand will be sufficient to fund our operation for the next twelve-month period. In the event that additional funds are required to maintain operations, our officers and directors have agreed to advance us sufficient capital to allow us to continue operations. We may also be able to obtain more future loans from our shareholders, but there are no agreements or understandings in place currently.
We believe that we will require additional funding to expand our business and ensure its future profitability. We anticipate that any additional funding will be in the form of equity financing from the sale of our common stock. However, we do not have any agreements in place for any future equity financing. In the event we are not successful in selling our common stock, we may also seek to obtain short-term loans from our director.
Related Party Transactions
Our sole officer and director, Mr. Qi Tang, has in his receipt, the funds of $15,000 related the capital stock issuance on January 1, 2009. The amount of the $15,000 was applied against our loan owing to Mr. Tang of $10,949. Accordingly, $4,051 of funds remains from the proceeds from the share issuance. These funds are in his safe custody pending the opening of a company bank account.
Off-Balance Sheet Arrangements
We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.
Good article. Glad to see this company highlighted!
Black Friday And Cyber Monday Bring Interest To Global Logistics Stocks
CORAL GABLES, FL / ACCESSWIRE / December 1, 2014 / By now we're sure you've already seen news stories on the droves of shoppers flocking to retail outlets in order to save hundreds on what's been dubbed "the holiday season's opening day." Black Friday bleeding into Cyber Monday has established itself as the holiday weekend for "all things discount" but as retail stocks feel the sunny rays of the sectors investment dollars, it's the supporting "rolls" that we're paying attention to.
Pan Ocean Container Supplies Ltd. (PAOC) performed a share acquisition agreement whereby Pan Ocean Shipping Container Supplies Co Ltd became a wholly owned subsidiary of Pan Ocean Container Supplies. The Company utilizes innovative production methods to fabricate green, eco-friendly, high quality, and high-yield cargo containers for the maritime shipping industry.
Though the stock has been dormant for a while now, the recent spike in global trade could give rise to new investment opportunity in lesser-traded stocks. The competitive advantage for Pan Ocean stems from a successful mix of several key factors including quality-certification (ISO) with worldwide distribution capabilities, well-established relationships with leading international shipping, leasing, and container trading companies, an efficient production processes, and the fact that the production facility is situated in close proximity to major airports, ports and railways.
(for more information on PAOC and related companies please visit http://dailystockreporter.com/market-scan/?symbol=paoc)
Swordfish Financial, Inc. (SWRF) has been progressing with its latest merger with SoOum Corp. The most recent announcement of its new B.O.D. and key hires highlights the aggressive nature of the Company's move to secure a place within the industry as an international arbitrage enterprise.
Since beginning the steps for this latest merger, shares of Swordfish stock have seen strong price appreciation at times. From the initial announcement of the merger to Friday's close, Swordfish shares have climbed as high as $0.001 and last week's trading saw strong price support between $0.004 and $0.005.
(for more information on SWRF and related companies please visit http://dailystockreporter.com/market-scan/?symbol=swrf)
Star Bulk Carriers Corp. (SBLK) has begun to see a slight rebound in price since the Black Friday sales blitz went into overdrive last week. From Monday's open to the Friday close, Star Bulk rose roughly 2% and came back from near 52-week lows on the previous Thursday's trading session. Star Bulk has a fleet of 103 vessels, with an aggregate capacity of 11.9 million dwt, consisting of vessels with carrying capacities between 38,800 dwt and 209,000 dwt. The Company anticipates that 35 new building vessels currently under construction at shipyards in Japan and China will be delivered during 2015 and early 2016.
Star Bulk's management team will host a conference call to discuss the Company's financial results on the same day, Tuesday, December 2, 2014, at 12:00 p.m. Eastern Standard Time. As industry participants like Textainer (TGH) and CAI International (CAP) have already reported earnings beats this quarter, it should be interesting to see how Star Bulk has faired.
(for more information on SBLK and related companies please visit http://dailystockreporter.com/market-scan/?symbol=sblk)
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That is a good point about the shipping container industry. Obviously the need for shipping containers continues to grow as more and more goods are shipped around the world each year so it's only logical that the industry would continue to see growth. I too am anxious to see how that plays out for $PAOC.
Take a look at the financials here: yhoo.it/1vv36LQ
Should be seeing some big things coming up from $PAOC. Excited to see what next week brings!
$THNS has the potential for bigger gains still today. There is time before the bell to get in on it!
$THNS There is time left to get in on it before the bell!
$THNS is still pushing forward today. There is time left to get in on it before the bell!
$THNS is still pushing forward today. There is time left to get in on it before the bell!