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Thursday, 05/15/2008 12:07:20 PM

Thursday, May 15, 2008 12:07:20 PM

Post# of 245651
Chinese Boar Breeder Buys Bankrupt Shell for $580,000
Posted March 27, 2008 12:15PM

A majority stake in shell company Apogee Robotics was sold to the CEO of a Chinese pig-breeding company for $580,000.

Apogee was sold by Michael Anthony, who runs Florida business consulting firm Corporate Services International. He had acquired Apogee out of a Chapter 7 bankruptcy. At one time, the company had hoped to develop automatically-guided vehicles for use in manufacturing plants.

Anthony will resign as an officer of Apogee. He will be replaced by Zhenyu Shang, the chairman and CEO of China-based Heilongjiang Senyu Animal Husbandry Co., a hog and boar breeder.
Filing: SC14F-1