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$hylo

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$hylo

Re: None

Thursday, 02/10/2011 1:09:10 AM

Thursday, February 10, 2011 1:09:10 AM

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Chaoyang Liaogang currently has sufficient capital resources to carry on its business as it is currently constituted, particularly as we can rely on the capital resources of our Chairman. However, our business plan calls for substantial capital investment over the next twelve months. We intend to expand the capacity of our factory by investing approximately $4.5 million in new capital equipment.


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