That's true, because the purchase agreement between Hutech21 and Hutech HongKong is not yet completed.
From the 10k on 4/15:
"Number of shares of preferred stock outstanding as of April 15, 2011: 32,950
Number of shares of common stock outstanding as of April 15, 2011: 551,265"
From the same 10k
"On April 8, 2011, the Company entered into a share exchange agreement, among the Company, Hutech HongKong Co. Limited, a Hong Kong company (“Hutech HK”), Mr. Taehoan Park, and the Shareholders of Hutech HK, Pursuant to which the Company is to acquire 100% of the issued and outstanding capital stock of Hutech HK in exchange for 66,000,000 shares of the Company’s common stock, par value $0.0001, which shall constitute 99.17% of the Company’s issued and outstanding capital stock on a fully-diluted basis as of and immediately after the consummation of the transactions contemplated by the Share Exchange Agreement." (my emphasis)