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China Nutrifruit Conducts Independent Laboratory Tests on its Concentrate Juice and Glazed Fruit Products

China Nutrifruit Conducts Independent Laboratory Tests on its Concentrate Juice and Glazed Fruit Products

China Nutrifruit Group Limited (NYSE Amex: CNGL) (”China Nutrifruit” or “the Company”), a leading producer of premium specialty fruit based products in China (”PRC”), today announced that the Company is conducting independent laboratory tests on its concentrate juice and glazed fruit products in response to a customer’s concern over product quality.

In December 2011, the Company was informed by its customer that China Nutrifruit’s concentrate juice and glazed fruit products contain higher than specified levels of sodium. The Company’s customer has requested China Nutrifruit for a full refund of the purchased products valued at approximately RMB50 million ($7.9 million). In response to this matter, the Company is currently performing independent laboratory tests to verify the product quality claims of its customer. As a precautionary measure, the Company has also implemented additional testing measures in its manufacturing process to ensure product quality.

Mr. Changjun Yu, Chairman of China Nutrifruit commented “Our business goal is to deliver healthy and nutritional fruit based products to our consumers and we will take every measure to ensure that. This is the only case of quality issue that has come to our attention. We are treating this matter very seriously and will carry out a thorough investigation. We are committed to stringent food quality control and safety standards. We have immediately set up a special investigation team to verify the claims of our customer and are prepared to take corrective measures, if required. We will announce the results of the laboratory tests as soon as the information is available. However, if verified, we are prepared to coordinate a voluntary recall and refund to our customer. This may have a negative impact to our financial and operation this year, nonetheless, our business operation remains normal as of today.”

China Nutrifruit’s manufacturing facilities are ISO9001 certified and meet the HACCP (Hazard Analysis & Critical Control Point) series qualifications.

About China Nutrifruit Group Limited

Through its subsidiaries Daqing Longheda Food Company Limited and Daqing Senyang Fruit and Vegetable Food Technology Company Limited, China Nutrifruit, is engaged in developing, processing, marketing and distributing a variety of food products processed primarily from premium specialty fruits grown in Northeast China, including golden berry, crab apple, blueberry, seabuckthorn, blackcurrant and raspberry. Its processing facility possesses ISO9001 and HACCP series qualifications. Currently, the Company has established an extensive nationwide sales and distribution network throughout 18 provinces in China. For more information, please visit http://www.chinanutrifruit.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”"). Such statements include, among others, those concerning our expected financial performance in fiscal year 2012, new products, our new facility, our estimates about sodium levels, and its expected impact on the Company’s business and financial performance, our expectations regarding the market for our existing products and new products, our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words “believe,” “expect,” “anticipate,” “project,” “targets,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors mentioned in the “Risk Factors” section of our Annual Report on Form 10-K for the year ended March 31, 2011, and other risks and uncertainties mentioned in our other reports filed with the Securities and Exchange Commission. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

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EastBridge (EBIG) Provides Year End Summary and Outlook for 2012

EastBridge (EBIG) Provides Year End Summary and Outlook for 2012

EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of financial services to emerging companies looking to raise capital or go public in the U.S., with clients similar to companies like Chinacast Education Corporation (NASDAQ: CAST) and A123 Systems Inc. (NASDAQ: AONE), has recently provided a year-end summary and outlook for 2012.

EastBridge Investment Group (OTCBB: EBIG) announced today its management’s summary of 2011 accomplishments and some plans for 2012.

Mr. Norm Klein, CFO/COO of EastBridge, commented, “The year 2011 has been a very tough year for every financial service firm, big and small; EastBridge was no exception; our clients were affected and we were also impacted. However, we have emerged from it more disciplined and determined. Our listing projects have not been canceled, only delayed. Instead of 2011, most of the known listings will happen in 2012. We are pleased with the progress that we have made in 2011. In addition to moving both Tsingda and Wonder closer to a listing on a U.S. stock exchange, we have begun the listing process for Dwarf Technology, Arem Pacific and LongWen Media. We assisted Alpha Lujo management with finding a shell which trades on the OTCBB. We are also working with a well known education client to develop joint venture partnerships with Chinese education companies. Additionally, we have expanded our business with U.S. companies as we are working with Fizza (healthy beverages for school children) and with International Air Medical Services (air ambulance company). We expect to sign agreements with a couple more U.S. companies in the near future. Financially, we have also improved, especially our cash position. We have the wherewithal to execute our plans for 2012.”

Mr. Keith Wong, CEO of EastBridge, added, “We have some very aggressive plans for 2012. We are now working on five listing projects for 2012 and possibly more clients to list on a U.S. stock exchange in 2012. We have a new marketing plan on hand to seek new clients both in the Far East and in the United States for listings in 2013 and beyond. As soon as the market becomes favorable in 2012, we will move EBIG to the Nasdaq or AMEX. We believe we will attract new institutional investors to our stock once we have moved to a primary exchange. We are very optimistic for and excited about achieving significant success in 2012 for our shareholders.”

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.

Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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China TMK Battery Systems Inc. to Explore Strategic Options

China TMK Battery Systems Inc. to Explore Strategic Options

China TMK Battery Systems Inc. (OTC Bulletin Board: DFEL) (”TMK” or “the Company”) (formerly, Deerfield Resources, Ltd.), a Chinese manufacturer and distributor of customized rechargeable battery solutions to global consumer product companies, today announced that on December 30, 2011, it filed a Certification and Notice of Suspension of Duty to File Reports with the Securities and Exchange Commission (the “SEC”) in order to reduce substantial legal and accounting expenses. The Company was eligible to deregister its common shares because it had fewer than 300 holders of record of its common shares at the beginning of its fiscal year.

The Board of Directors is in the process of evaluating strategic alternatives for the Company including a sale, merger, privatization, or other business combination, however, the Company has not set a timetable for completion of this evaluation process and there can be no assurances that this review will result in any action. The Company does not expect to make any further comments unless the Board of Directors has approved a specific course of action or otherwise deems disclosure appropriate.

“We believe our company has a bright future ahead,” explained Mr. Henian Wu, Chairman and President of the Company. “Since we became a public company in February 2010, our revenues have increased from $48.6 million in 2009 to an estimated $84 million in 2011, significantly faster than the industry. Despite this strong performance and ongoing efforts to strengthen our competitive position, our stock continues to trade at a depressed valuation. We expect that the Company will have attractive options to consider. In the meantime, our Management team will continue to focus on executing our business plan and serving our customers.”

The Company’s Form 15 filing on December 30, 2011 immediately suspended the Company’s obligation to file certain reports with the SEC, including Forms 10-K, 10-Q and 8-K, however, the Company’s common stock will continue to be quoted on the OTCQB and eligible shareholders may continue to avail themselves of legend removal under Rule 144 until the deregistration becomes effective. The Company expects that the deregistration of its common stock will become effective on or before March 31, 2012. Following deregistration, the Company’s common shares will only be quoted on the OTC Pink Sheets and its shareholders may no longer avail themselves of Rule 144.

About China TMK Battery Systems Inc.

Based in Shenzhen, PRC and founded in 1999, TMK manufactures and distributes high rate discharge Nickel Metal Hydride (”Ni-MH”) multi-cell batteries in its manufacturing facility located in Shenzhen, China. TMK maintains a diverse roster of large, consumer-focused clients with major production facilities in China. The Company works with its clients throughout the product design cycle to develop and integrate reliable and long-lasting rechargeable power solutions for widely used consumer products, which include home appliances, cordless power tools, medical devices, multiple personal communication devices and electric bicycles segments. The Company is also focused on becoming a supplier of back-up power solutions to the telecommunications industry and for traffic lighting applications. Corporate Information can be found at www.tmk-battery.com and investor information can be found at http://ir.stockpr.com/tmk-battery/

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VisionChina Media Announces Results of 2011 Annual General Meeting of Shareholders

VisionChina Media Announces Results of 2011 Annual General Meeting of Shareholders

VisionChina Media Inc. (”VisionChina Media” or the “Company”) (Nasdaq: VISN), one of China’s largest out-of-home digital television advertising networks on mass transportation systems, today announced it has obtained shareholder approval for all matters submitted for approval at the Company’s 2011 annual general meeting, held in Hong Kong on December 28, 2011.

The following resolution proposed by the Company was approved by VisionChina Media’s shareholders:

Ratification of the appointment of Deloitte Touche Tohmatsu CPA Ltd. as the Company’s independent auditors for the year ending December 31, 2011.

Materials related to the annual general meeting of shareholders, including the proxy statement, are available on the Company’s website at http://www.visionchina.cn .

About VisionChina Media Inc.

VisionChina Media Inc. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways. As of September 30, 2011, VisionChina Media’s advertising network included 136,777 digital television displays on mass transportation systems in 20 of China’s economically prosperous cities, including Beijing, Shanghai, Guangzhou and Shenzhen. VisionChina Media has the ability to deliver real-time, location-specific broadcasting, including news, stock quotes, weather and traffic reports, and other entertainment programming. For more information, please visit http://www.visionchina.cn .

For investor and media inquiries, please contact:

In China:

Mr. Colin Wang

Investor Relations Director

VisionChina Media Inc.

Tel: +86-135-1001-0107

Email: colin.wang@visionchina.cn

Mrs. Helen Plummer

Investor Relations Adviser

VisionChina Media Inc.

Tel: +86-139-1167-2124

Email: helen.plummer@visionchina.cn

In the United States:

Ms. Jessica Barist Cohen

Ogilvy Financial, New York

Tel: +1-646-460-9989

E-mail: jessica.cohen@ogilvy.com

SOURCE VisionChina Media Inc.

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