Hong Yuan Holding Group (HGYN)

[flaflyersfan]

Pharma219, CERP has $22 million in Liabilities including over $16 million in Notes Payable and Convertible Notes;

http://www.sec.gov/Archives/edgar/data/1324759/000119312512470551/d438795d10q.htm

CERP has never made a profit while publicly traded. On $21 million+ in revenues in 2011 they lost over $16 million dollars. For the 1st 9 months of 2012 CERP reported a total of $786,000 in Gross Product Sales that cost $2,093,000 which sold at a loss of $1,323,000 before expenses.

The Reverse Split is to provide enough stock to cover obligations as required by the SEC. Simply raising the A/S to 2 Billion will not provide enough stock to do so.

Good luck.