Changda Intl Holdings (OTC BB:CIHD)

On December 31, 2009 Changda Intl Holdings filed a registration statement allowing it to raise up to $31.05 million.

Source: SEC filing S-1 (December 31, 2009)

In order to improve our performance and competitiveness, we are constructing our Heze fertilizer plant and are preparing to rebuild our second chemical plant. We have already invested a total of $4,000,000 into our Heze plant. However, an additional $19,700,000 for construction is expected to be incurred and S$11,500,000 for matching working capital will be required. These amounts will be financed primarily through self-financing and fund raising from third party lenders or investors.

Source: SEC Form 10Q (For the quarterly period ended June 30, 2009, Page 21)