Shell Activity - Research

The GeoTeam believes that it is important to track activity that results in Chinese companies trading in the United States financial markets. This commonly occurs through either transactions with blank-check companies or reverse merger transactions with non-operating shell companies. Both of these events are less expensive alternatives for firms to go public when compared to the traditional Initial Public Offering (IPO).

In the Shell Activity Research Section, the GeoTeam will offer details on selected Chinese firms going through Blank Check or Reverse Merger Transactions.

Monday, June 29, 2009

China Discovery Acquisition Corp (CADQ)

Blank Check Activity
China Discovery Acquisition Shares falling sharply. The GeoTeam was unable to locate any news on the company, but is speculating that there may be a problem consummating its proposed share exchange agreement with HeNan Smart Food Company…

China Networks Intl Holdings (CNR)

Blank Check Activity
Alyst Acquisition Corp. Stockholders Approve Business Combination With China Networks Media, Ltd…

Wednesday, June 24, 2009

Tm Ent. & Med Inc d/b/z China MediaExpress (TMI)

Blank Check Activity
Tm Entertainment & Med is in the process of consummating a share exchange with China MediaExpress. The proposed transaction still needs to be approved by TM shareholders. The closing of the transaction is anticipated to occur in the third quarter of 2009. CME operates the largest television advertising network on inter-city express buses in China. CME generates revenue by selling advertisements on its network of television displays installed on express buses originating in nine of China’s regions,…

Sunday, June 7, 2009

Alpha Security Group Corp (HDS)

Blank Check Activity
Alpha Security Group Corporation is a blank check company whose objective was to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. The company has abandoned its effort to complete a business combination and is pursuing its liquidation…

Sunday, May 24, 2009

China Health Care Acquisition (CHHM)

Reverse Merger Activity
We entered into a stock purchase agreement with Europe Asia Huadu Environment Pte, Ltd., Teambest International Limited and Madame Wang Lahua (collectively “Seller”) for the purchase of all of the outstanding equity of Europe Asia Huadu Environment Pte, Ltd., a Singapore company with operations in China in the water treatment and environmental engineering industries. Effective November 10, 2008, we and the Seller mutually agreed to terminate the stock purchase agreement because our Board…

Saturday, May 9, 2009

Pantheon China Acquisition Cor (PCQC)

Blank Check Activity
On November 3, 2008, the company entered into Share Exchange China Cord Blood Services Corporation. CCBS is currently the largest cord blood banking operator in China in terms of geographical coverage and is the only market player with two (i.e., Beijing and Guangdong) out of six cord blood bank licenses issued by the PRC government authorities to date. Under the current PRC government regulations, only one licensed cord blood bank operator is permitted to operate in each licensed region…

Wednesday, April 15, 2009

China Discovery Acquisition Corp (CADQ)

Blank Check Activity
China Discovery Acquisition entered into a an agreement to acquire HeNan Smart Food Company, a leading instant noodle producer in China. The transaction is still subject to shareholder approval. Details: China Discovery Acquisition Corp. will issue 14.7 million shares and cash consideration of $3.0 million in exchange for 100.0% of HeNan Smart Food Company Si Mei Te is a leading instant noodle producer in China, the largest instant noodle market…

Sunday, April 12, 2009

Alpha Security Group Corp (HDS)

Reverse Merger Activity
Alpha Security Group Corporation recently terminated its Merger Agreement With Soya China Pte. Ltd. announced on December 31, 2008. Source: PR Newswire (March 12, 2009)…

Saturday, April 4, 2009

Business Develop Sol (BDEV)

Reverse Merger Activity
BDEV completes reverse merger transaction a Chinese B2B e-commerce travel services and technology company. The company's revenue grew by 945% in the year ended December 31, 2008 to $793,481, from $75,922 in the year ended December 31, 2007. Our net income decreased by 714% in the year ended December 31, 2008, to a net loss of $117,543, from a net income of $19,149 in the year ended December 31,…

Sunday, March 29, 2009

Jinzanghuang Tibet Pharmaceuti (JZHG)

Reverse Merger Activity
Leling Jinzanghuang Biotech Co., Ltd, a Tibetan health products company, goes public via a reverse merger transaction on January 12, 2009. Upon completion of the Share Exchange, there were 40,644,780 shares common stock issued and outstanding. The company has yet to generate any significant revenues, as the market for Tibetan pharmaceuticals in China is only a very small portion of the overall medical market in China. The annual production of Tibetan medicine amounts…

Wednesday, March 18, 2009

China Opportunity Acquisition (CHNQ)

Reverse Merger Activity
China Opportunity Acquisition Corp has completed its previously announced merger transaction with Golden Green Enterprises. Source: Business Wire (March 18, 2009)…

Earlier Research