Great China Mania (OTC BB:GMEC)

The company was formed via a reverse merger transaction.

On March 10, 2008, the Company entered into and closed a Share Exchange Agreement (the “Share Exchange Agreement”) with Citysky and the sole shareholder of Citysky.

Citysky, through its China-based subsidiaries, manufacture beverage bottles that are primarily made from polyethelyne terephthelate, or PET, which is a type of plastic that has desirable characteristics for packaging including clear and a wide range of color and shape, tough, good resistance to heat, moisture and the ability to dilute acid. The Company’s beverage bottles are manufactured in China and are sold to major Carbonated Soft Drink (“CSD”) suppliers in China including Coca-Cola and Pepsi.

Citysky owns and operates three subsidiaries in the People’s Republic of China (“China” or “PRC”) including:

1. Hangzhou Great East Packaging Co., Limited through Great East Packaging International Limited, a British Virgin Islands company
2. Nanjing Great East Packaging Co., Limited through Great East Packaging (Nanjing) Limited, a British Virgin Islands company
3. Xian Great East Packaging Co., Limited through Great East Packaging (Xian) Limited, a British Virgin Islands company

Each of these subsidiaries is a wholly foreign-owned enterprise registered in China.

(Source: 10Q for the quarterly period ended March 31, 2008 )

Update per 2010 10K:

Since December 30, 2010, the Company has restructured some of its business operations and corporate structure.  As of the date of this filing, our corporate structure is as follows:

Great East owns a wholly-owned subsidiary, Sharp Achieve Holdings Limited (BVI).  Sharp Achieve Holdings Limited (BVI) has a wholly-owned subsidiary, Super China Global Limited (BVI).  Super China Global Limited has three subsidiaries: 1) GME Holdings Limited which was incorporated February 18, 2011; 2) Great China Media Limited which was incorporated February 1, 2011; and 3) Great China Games Limited which was incorporated February 1, 2011 (collectively, the “Subsidiaries”).  The Subsidiaries and their business will be discussed in greater detail under the “Current Operations” heading of this Section, as this will be the Company’s primary business going forward.  However, for purposes of this Form 10-K the Company’s business operations of 2011 are presented in the “General Description of Business” and subsequent sections.

In addition, the Company, as of March 31, 2011, disposed of Water Scientific Holdings Limited (“Water Scientific”).  As of the date of this filing, the Company no longer carries on the operations of Water Scientific.

New Direction:

GME Holdings Limited

GME Holdings Limited was incorporated February 18, 2011, in Hong Kong.  GME Holdings Limited organizes artists to participate in movies, event management and promotion for its clients. GME Holdings Limited currently represents and promotes four male artists and twelve female artists, for a total of sixteen clients.  There are 10 employees of GME Holdings Limited. GME Holdings Limited promotes its clients by providing event management and booking for movies, public relations functions, and brand promotions.

Great China Media Limited

Great China Media Limited was incorporated February 1, 2011, in Hong Kong.  Great China Media Limited leases an office in Hong Kong.and employs 70 employees.  Great China Media Limited publishes eight magazines.  Each magazine title is produced on either a weekly or bi-weekly basis.  Each magazine published focuses on a specialized subject matter, including computer technologies, video games, digital equipment, and automobiles.  The actual printing of these magazines is performed by a third party vendor.

Great China Games Limited

Great China Games Limited was incorporated February 1, 2011, in Hong Kong.  Great China Games Limited leases two retail stores in Hong Kong. Each store sells video game machines (including Play Station, Nintendo Wii, and Xbox, among others) as well as an assortment of video games and accessories.

Last updated June 3, 2008