InvestorsHub Logo

Replies to post #37326 on Magic

Replies to #37326 on Magic

MWM

09/13/07 11:46 PM

#37330 RE: kewlassht #37326

SOYO company is in a strong push to get on the AMEX... Another 8K filed after close!

Item 8.01 Other Events


Ming Chok, Chief Executive Officer, sent a letter to shareholders over the
weekend. The purpose of the letter was to update shareholders of all current
events at the Company, and plans for the future. Highlights included:

A projection of 2007 fully diluted earnings per share of seven to eight cents.

The Company currently meets all criteria for listing on the American Stock
Exchange except share price. The Company plans to list on the AMEX as soon as
possible.


The roll out of the first Honeywell Branded products will take place in 2007.
First products to be released will be portable USB 2.0 Pocket hard drives and
various sized LCD computer monitors featuring web cameras, microphones and
various other features. Additional product roll outs, including LCD televisions,
are scheduled for first half of 2008.


The Company issued a press release on Monday, September 10, 2007 containing a
summary of the letter to shareholders. The entire letter can be found on the
SOYO Group, Inc. web site at:

http://www.soyogroup.com/media/investors/shareholdersletter/
Shareholders_Letter_Sept.6.2007.pdf



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



SOYO GROUP, INC.
(Registrant)



Date: September 13, 2007 By: /s/ MING CHOK
------------------ ---------------------
Ming Chok, CEO



Date: September 13, 2007 By: /s/ NANCY CHU
------------------ ---------------------
Nancy Chu, CFO