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'SUPER' SIBO will be back soon...
Below text Google translated from ( SIBO) website:
( http://www.jstb.com.cn/ )
SEC link:
https://www.sec.gov/cgi-bin/browse-edgar?company=Sino-bon&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany&Find=Search
"Jiangsu Tangbang Electrical and Mechanical Co., Ltd., was founded in 2002, after years of construction and development, has become the domestic automatic mahjong table (machine) set design, development, production and sales as one of the major backbone of private enterprises, China Mahjong Machine Industry Association Executive vice president unit. Companies registered capital of 50 million yuan, total assets of 350 million yuan. More than 1,600 employees, including 32 undergraduate qualifications, graduate students 3, mid-level technical staff more than 55 people. The company has imported from Japan Matsushita SMT Mounter, wave soldering machines and various types of CNC machine tools, Hong Kong Zheng-injection molding machine, Taiwan-made automatic punching machine and other first-class production equipment and Japan introduced ESD-20D electrostatic detector, EFT -4001G anti-jamming detector and other advanced testing equipment. The company attaches great importance to scientific and technological innovation, invest a lot of money each year to research and develop new products, and pay attention to take the road of combining production, research and perennial with Nanjing University of Aeronautics and Astronautics, Jiangsu University, Jiangsu University of Science and Technology and other institutions of higher learning for scientific research and achieved The fruitful results, the company independently developed mahjong automatic licensing methods and licensing device, poker automatic licensing device, horizontal eight mahjong push device such as the lifting of a hundred national patents. On June 5, 2015, the company's "Bang Bang" trademark was successfully recognized by China Trademark Office of the State Administration for Industry and Commerce as a well-known trademark in China and was granted extended protection. The company won the title of "High-tech Enterprise", "Pioneer Demonstration Unit of China's Industrial Economy", "Private Technology Enterprise of Jiangsu Province", "AAA Credit Enterprise of Jiangsu Province", "Double Soft Enterprise of Jiangsu Province", "Jiangsu Engineering Technology Center" A number of honorary titles.
The company is located in the scenic state 4A scenic Baohua Forest Park near the Shanghai-Nanjing Expressway and 312 National Road, from the capital of Jiangsu Province, Nanjing City, only 20 minutes by car, the geographical advantages and well-developed traffic conditions. In 2006, the company invested in Tangbang Industrial Park, with a total area of ??108 mu and a building area of ??80,000 square meters. In 2013, the company invested in the new plant of Tangbang Group. The plant covers an area of ??30 mu with a building area of ??60,000 square meters. It was officially put into operation in early 2014 and has the first-class facility and leading position in the industry.
Jiangsu Tangbang Electrical and Mechanical Co., Ltd. in the country to establish a sound marketing network, now has more than 1,000 direct chain stores and terminal stores, the company's products have covered every province in the country and exported to Europe and the United States, Southeast Asia and Hong Kong, Macao and Taiwan regions. The company has a modular production assembly line, advanced testing equipment, lean operating standards, improve the marketing service system, for all customers to achieve zero-point track management and peer-to-peer management, cooperation with the Don Bang, just one of your Phone, a fax, a message, the rest has been without the customer's worry. Company product quality and technical services has been praised by the majority of customers, technical advice and service centers 24-hour service, Tang Bang Parts Center centralized management, rapid delivery mechanism to completely solve the customer's worries.
Jiangsu Bangbang Electrical and Mechanical Co., Ltd. "heart to win the world" as the core business philosophy of "health and recreation, improving people's livelihood" as the mission of the enterprise, formed a "focus on manufacturing products, hard to do things, treat guests with sincerity, love return to society "Tangbang corporate culture, carry forward the entrepreneurial spirit of" innovation, pragmatism, integrity and progress ", keep making progress, technological innovation and management innovation, actively participate in the competition and cooperation in the international and domestic markets, improve with advanced technology, high quality and stable products Meticulous service, wholeheartedly create consumer satisfaction automatic Mahjong machine." ~ Quoted.
LAST 1/14/2013 SEC 8K:
"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 14, 2013
SINO-BON ENTERTAINMENT, INC.
(Exact name of Registrant as specified in its charter)
Nevada
000-52224
88-0409166
(State or other jurisdiction
(Commission File Number)
(IRS Employer Identification Number)
of incorporation)
P.O. Box 031-088, Shennan Zhong Road
Shenzhen City, P.R. China 518031
(Address of principal executive offices)
0086-755-23990959
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
1
Section 5 - Corporate Governance and Management
Item 5.01. Changes in Control of Registrant.
On January 14, 2013, Mr. Yuan Qihong, a member and Chairman of the Board of Directors of Sino-Bon Entertainment, Inc. (the “Company”) acquired 21,731,000 shares of Company common stock (the “Shares”) from certain shareholders of the Company pursuant to private party transactions effected via Stock Transfer Agreements. As a result of Mr. Yuan’s acquisition of the Shares, Mr. Yuan’s equity ownership in the Company increased from approximately 27% to approximately 70% of the Company’s issued and outstanding common stock. Mr. Yuan used his personal funds to acquire the Shares at $0.10 per share, for aggregate consideration of $2,173,100. The Company is not aware of any arrangements or understandings by and among Mr. Yuan and any former control groups and their associates with respect to election of directors or other matters. Other than the foregoing, there are no existing arrangements that may result in a change in control of the Company.
2
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.
Sino-Bon Entertainment, Inc.
By:
/s/ Wang Junyong
Wang Junyong
Date: January 15, 2013
Chief Executive Officer"
End quote.
Optimistic Buffett ignores all doomsdayers:
"In the 20th century, the United States endured two world wars & other traumatic & expensive military conflicts; the Depression; a dozen or so recessions & financial panics; oil shocks; a flu epidemic; & the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497."
"With each investment you make, you should have the courage & the conviction to place at least ten percent of your net worth in that stock."
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular & do well.”
"Cash combined with courage in a crisis is priceless."
"There are always people who say that the rules have changed. But it only looks that way, if the time horizon is too short."
"Don’t own a stock for 10 minutes if you don’t plan to own it for 10 years."
"If you believe your gain, weighted for probabilities, considerably exceeds your loss, comparably weighted, you may consciously purchase a risky investment." ~Buffett
Worldwide 'Great Recessions", & credit crunches are tough on MicroCap Start-Ups.
SIBO ABSOLUTELY POSITIVELY ( WILL ) BE BACK SOON !
SIBO has our 100% confidence of conviction & trust.
Sincere Kind Regards to shareholder Ernie & Longs & wishing all a Happy Holiday!
SIBO ASSETS EQUAL $161,483,060.! (U.S. Dollars)
SIBO = 1,000,000,000.00 CNY = $161,483,060.43 USD!
Chinese Yuan Renminbi ? US Dollar
1 CNY = 0.161483 USD 1 USD = 6.19260 CNY
Company registered capital of 1800 million, total assets of 1.6 billion yuan. Currently employs 1600 people!
Expanding, as usual! (You should understand this.)
SIBO NEWS: 3-26-2013 SIBO IS RECOVERING FAST & WELL, & WILL SOON BE BACK!
2013 at the first China (Xiaoshan) entertainment appliances Expo:
"The first session of the China (Xiaoshan) entertainment appliances Expo will be on the market in the new century Park, opening of the new exhibition centre. This entertainment appliances Expo will last for 2 days. This times Expo will has near 100 home from country of dealer, and producers participate in, during will carried out Expo opening, and exhibition promotion, and topic reported, variety of activities to introduced all brand entertainment appliances of features and advantage, will can for all enterprise of products sales provides a unique and professional of brand promotion platform, for general consumers and lovers provides a both rich, and and convenient of show platform. During the exhibition, from Shanghai, Zhejiang, Sichuan, Anhui and Guangdong with 75 companies carrying 98 brand unveiled thousands of the latest products, through the exhibition with businesses all over the country to seek " marriage. A two-day exhibition, the cumulative attracted 6000 visitors, learn, discuss. SIBO electrical independent research and development of new products "wings operate" in the exhibition publications, stirred up the crowd pressing to watch." -quoted.
PS. (You're welcome - Ernie.) GO SIBO BABY GOGOGO!!!!!!
"SIBO was built in the 2002 years, after more than a decade of construction and development, has become one of the largest full-automatic Mahjong table (machine) design and development, production and sales of large private enterprises, Executive Vice President of the China Electrical Association. Company registered capital of 1800 million, total assets of 1.6 billion yuan. Currently employs 1600 people, Bachelor of which 32 people, graduate 3 people, mid-level technicians more than 55 people. Company has Japan introduction of Panasonic SMT Mounter, wave soldering machine and all kinds of CNC machines, John injection molding machines in Hong Kong, Taiwan automatic stamping machines and other first-class production equipment and Japan imported ESD-20D electrostatic detection apparatus,EFT-4001G Anti-interference detectors and other advanced testing equipment. Company height attention technology innovation, annual inputs large of funds research development new products, and focusing on go research combination of road, perennial and Aeronautics and Astronautics, and Jiangsu University, and Jiangsu Technology University, more by University for research cooperation, and made has fruitful of results, company independent progressing well." -quoted.
SIBO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-68726.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2013/34-68726-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-68727.pdf
Jan 16,2013 CEO owns 70.6% of the A/S(50mil), he owns 35,331,000
Wow, not the direction I wanted this to go.
I really wish the guy would take this private already and pay me off bigly.
I'm open to offers. Don't be shy.
Nice article about what is currently happening with chinese tickers.
http://www.cnbc.com/id/48661224
Helllllloooooo .49 bidder - Welcome and thank you thank you thank you.
Ask now .51 cents/share! Up to $2,550./Lot!!
Someone finally read the filings. (Only took them a month!)
Those Proxy emails must have alerted them at last.
Amazingly astonishing to me if we get fills over a dime without an audit. Worth a nickel maybe?
C'mon buyers, belly up!
It's only $2 1/2 grand a lot!
Filings started flowing on Friday.
Couple of trades here today
Haven't checked in on this in a while. I see bid .08 ask 1.95 - Its been so long I cannot remember if that is the same as last time I looked.
All it needs is some fins from the company.
I like beer@.27 starting to see some action.
maybe that will make this have more than 2 followers, we'll see!
I would but I just put the last one on the car I actually drive, seems I wasn't getting much traffic in my work parking lot..... We should see some results now that I put one on the car that moves every day.
Lol!! Can u send me one too pls. this needs all the awareness it can get
Maybe I need to shout...... I already got a SIBO bumper sticker on my car..... what else could I possibly do?
Just you and me here bro!! LMFAO!!
It gave me a very few @ .48 last week, then this week added some @ .0185. NITE has complete control here for now.
Did it fill anything, partial etc?
Yup, hit it last week and the ask jumped to .75 instantly.
have u tried hittin the ask yet here?
Okay, they are spoon feeding small amounts of shares. NITE is in total control........for now anyways.
They aren't givin up any shares.
No not yet. Late with fins, management change in Jan.
Super high risk but I like the spread. There was only one MM on it when I first found it.
The lack of shares being sold at the .012 - .02 level makes it that much more attractive to a gambler such as myself.
Whats the deal here? Volume is extremely low and share price dropping continously. Do you own shares?
I'm just playing the spread which is huge.
50 Mil OS -
Waiting for current fins to be filed.
Most recent 10Q (sept 2010)
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7558341
8K - Departure of officers
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7655331
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06/11/11
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