CHINA GREEN MATERCOM (GREY:CAGM)

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> Due to decreased demand from our major distributors as a result of selling price...
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Q1 2011 revenues increased to $4.5 million, 61.4% over the comparable quarter of 2010 Q1 2011 net income increased 112.3%...
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At least one FIE exists in the corporate structure

China Green Material Tehcnologies Inc. is a holding company with a subsidiary engaged in developing, manufacturing and marketing biodegradable materials. To date, they have been involved with government procurement, supermarkets, green hotels, airlines, and the railway system with the potential to expand into other areas of the industrial market.

The company intends to increase its financing capacity for a new Harbin factory complete with equipment, with funds raised from the first financing. In addition, the company has a project in negotiation in Weihai, Shandong Province. When the project is completed, the new production base will be able to produce at least 300,000 tons of environment-friendly products.

Reverse Merger Filing

Last updated May 24, 2009


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