(Check One): | x Form 10-K o Form 20-F o Form 11-K o Form 10-Q o Form N-SAR
o Form N-CSR
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For Period Ended: December 31, 2010 | |
o Transition Report on Form 10-K | |
o Transition Report on Form 20-F | |
o Transition Report on Form 11-K | |
o Transition Report on Form 10-Q | |
o Transition Report on Form N-SAR | |
For the Transition Period Ended: ________________________
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
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(a)
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The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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o
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(b)
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The subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K, or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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(1) | Name and telephone number of person to contact in regard to this notification |
Li Xuemei
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86-0752
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3138511
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(Name)
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(Area Code)
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(Telephone Number)
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(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). |
x Yes o No
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The Registrant has filed all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act during the preceding 12 months, however, as indicated in “Part III—Narrative”, above, MaloneBailey, in its Resignation Letter dated March 24, 2011, advised the Registrant that it can no longer support its opinion dated April 21, 2010 related to the financial statements, as of December 31, 2009 and condensed Parent Only financial statements, included in the Registration Statement on Form S-1 filed with the SEC on April 21, 2010. The interim financial statements of the Registrant for the fiscal quarters ended March 31, June 30, and September 30, 2010 contained in the Registrant’s Quarterly Reports on Form 10-Q for such periods as filed with the SEC, should not be relied upon for the same reasons.
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(3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? |
o Yes x No
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If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
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The Registrant is unable to provide a reasonable estimate of the changes in the results of operations for the year ended December 31, 2010 as compared to the year ended December 31, 2009 because, as indicated above in Part III of this Form 12b-25, which is incorporated by reference into this Part IV(3), the Registrant is unable to prepare and review the financial statements to be contained in its Annual Report on Form 10-K for the year ended December 31, 2010 due to the termination of engagement with MaloneBailey as its independent registered auditor, and the accounting fraud alleged in MaloneBailey’s Resignation Letter, which could indicate a material error in previously issued financial statements.
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Date: April 1, 2011 | By: | /s/ Li Xuemei |
Name: Li Xuemei
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Title: Chief Executive Officer
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ATTENTION
Intentional misstatements or omissions of fact constitute Federal criminal violations. (See 18 U.S.C. 1001).
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