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Re: Potse post# 169

Saturday, 02/19/2011 2:27:23 PM

Saturday, February 19, 2011 2:27:23 PM

Post# of 4696
I guess the two board members, CEO and CFO are increasing their common share holdings slowly after they took 97% of preferred voting power.
For common shares, now they are 5 major investors for SUIP.
The 3 investors and 2 board members. I don't know Jiao Xuding is still the share holder. He purchased 19M shares at 0.04. I don't see any filing after his purchase, so I assume he's still a share holder.

filing:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5654677
"On January 3, 2008, the Reporting Person acquired 18,750,000 shares of Common Stock of Sunrise Mining Corporation for $750,000. The funds utilized by the Reporting Person came from the funds of the Reporting Person without any borrowings."


Just to note, Jiao Xuding is one of CEOs of top COs in China, I assume. He has the Horasis conference tag on his left chest.

What is Horasis: http://www.horasis.org/event_all_2008.php

5 major share holders
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On October 30, 2008, the Board of Directors of Sunrise authorized the termination and rescission of its previous sales of its common stock and stock purchase warrants in the aggregate amount of $3,000,000 that were sold by the Corporation to three non-us investors during January 2008. The Corporation have returned investors in the aggregate amount of $2,933,128, which includes (1): $750,000 cash to Weiquan Tian; (2) $750,000 cash to Xuding Jiao; (3) $900,000 cash and a convertible secured promissory note in the principal amount of $500,000 (U.S.) and its accrued interests of $33,128 (U.S.) from SJ Electronics, Inc. to Xuguang Sun and cancelled all the outstanding shares of common stock and stock purchase warrants previously issued to them.

On January 5, 2011, Sunrise issued 600,000 shares of its restricted common stock to its Chief Executive Officer and Chief Financial Officer for their services during the three month period ended March 31, 2011. These shares were valued at $0.0258 per share based on the market close price for the Company¡¯s Common Stock on January 4, 2011 which will be recorded as a contribution of capital for the value of the shares and an equivalent amount to stock based compensation.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y