Sino-Biotics Inc. (fka CHHN)

[atout]

ITEM 5.03 Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year

As previously disclosed in the Information Statement filed on form 14C and mailed to each shareholder of record on November 20, 2007, the Company increased its number of authorized common shares from 35,000,000 to 500,000,000. On January 28, 2008, the Company filed an Amendment to its Articles of Incorporation with the Delaware Secretary of State to implement the increase of authorized shares.


ITEM 8.01

Other Events.

Conversion of Convertible Promissory Note Issued by Company to Venture Fund I, Inc.


On January 28, 2008, Venture Fund I, Inc., exercised its option to convert the outstanding balance on that certain Convertible Promissory Note dated September 12, 2007, into 4,333,333 non-dilutable restricted shares of common stock of the Company. Upon exercising its right to conversion, Venture Fund I, Inc., surrendered to the Company the Convertible Promissory Note.