VIKING163, a one employee Nevada Corp Located in California is going to rebuild what in China? LOL!
The concept of actually having an intent to establish a real business with costs, insurance, payroll, permits, et al is pretty much laughable when you can make all the $$$ you need selling stock and stories. Would you take on legitimacy if you did not have to and knowing that you never have had to for years?
Good luck.
EDIT- VIKING163, be more specific:
EMPLOYEES
As of March 31, 2009, we had one full time employee, Kenneth Yeung, who is
our President and Chief Executive Officer. We believe that our relations with
our employee are good. (LOL!) Our employee is not represented by a union or covered by
a collective bargaining agreement.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To this end, on April 17, 2008, the Company signed a definitive Stock Sale
and Purchase Agreement with Wuhan Intepower Co., Ltd. ("Intepower") to acquire a
92% equity stake in Intepower's subsidiary, Wufeng Machinery Manufacturing Co.,
Ltd. ("Machinery Company") located in Wuhan, Hubei Province of China. Based on
the final draft of its audited financial statements, the Machinery Company
reported assets of U.S. $5,300,000 and revenues of approximately U.S. $3,800,000
for the fiscal year 2007. Once this acquisition is completed, revenues of the
Machinery Company will be consolidated with the Company's financial statements.
Once the acquisition closes, this consolidation should result in the Company
reporting a profit in the fiscal year ending December 31, 2009.
The Machinery Company currently offers several lines of products, including
food processing and mineral refinery equipment. The Company proposes to utilize
the capabilities of the Machinery Company to manufacture the Company's panel
production equipment for deployment and sale in China and other countries. We
are talking to U.S. companies in the building material business to manufacture
their equipment and products at the Machinery Company. These out-sourcing
contracts, if obtained, could increase production revenues for the Machinery
Company and thus potentially increase profits of the Company.
On June 24, 2008, the China Government granted approval for the Company to
acquire the Machinery Company for a fixed acquisition price of approximately
U.S. $1,630,000. On August 13, 2008, the Company paid a deposit of $161,500
(approximately 10% of the purchase price) for the acquisition of the Machinery
Company. The Company has signed an engagement agreement with a Hong Kong based
Certified Public Accounting ("CPA") firm to perform the audit of the Machinery
Company. The CPA firm we engaged is a registered public accounting firm approved
by the U.S. Public Company Accounting Oversight Board or "PCAOB" and has
extensive experience conducting independent audits of public companies trading
on U.S. markets.
The Company has also been working with investors to establish a
Company-operated panel production factory in China's Sichuan Province. This plan
has been received with great interest by the Sichuan Construction Bureau, the
government authority in governing major construction projects in rebuilding the
earthquake region in Sichuan Province.
Where is the lie you are accusing me of? Please point out the details of the Wuhan agreement per the 8-K filed regarding it.
Good luck again.
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