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Re: jay_lim post# 5346

Tuesday, 04/05/2011 12:49:52 PM

Tuesday, April 05, 2011 12:49:52 PM

Post# of 163718
jay lim, the Company does not make reports to OTCmarkets.com anymore. Therefore it is not required to update that site.

The Company now files reports with the SEC and is in compliance with its reporting requirements.

Once the Company has cleared comments with the SEC and its registration statement deemed effective it will be eligible for higher listing. It will also have undergone regulatory scrutiny through the registration process by the SEC hopefully making it viewed as less risky than other RTO's.

Both the SEC and the PCAOB are looking more closely at China companies now.

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