China Sun Group High-Tech Co - Current report filing (8-K)
June 05 2008 - 12:19PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event report): May 30, 2008
CHINA
SUN GROUP HIGH-TECH CO.
(Exact
name of registrant as specified in its charter)
Delaware
|
333-118259
|
54-2142880
|
(State
or other
jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
1 H
utan Street, Zhongshan
District, Dalian, People’s Republic of
China
_________
(Address
of principal executive
offices) (Zip
Code)
(86
)
411
-
8289-7752
Registrant’s
telephone number, including area code
___________________________________________________
(Former
Name or former address if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
|
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR
240.14d-2(b))
|
|
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
2.01 Completion
of Acquisition or Disposition of Assets
The Company (formerly known as Capital
Resource Funding, Inc.) entered into a Plan of Exchange dated September 6, 2006
with Da Lian Xin Yang High-Tech Development Co., Ltd and David Koran (the
“Agreement”) pursuant to which the Company granted to Da Lian Xin Yang High-Tech
Development Co., Ltd’s 30% shareholders (the “Shareholders”) a two-year option
to subscribe for and purchase an additional 10,000,000 newly-issued shares of
common stock of the Company in exchange for their 30% equity interest in Da Lian
Xin Yang High-Tech Development Co., Ltd.
The Shareholders provided to the
Company with their written intention to exercise their option and pursuant
thereto delivered and their transferred their 30% equity interest in Da Lian Xin
Yang High-Tech Development Co., Ltd to the Company effective May 30,
2008.
On May 30, 2008, the board of directors
of the Company approved the exercise by the Shareholders of their option and
issued to the Shareholders 10,000,000 shares of its common stock in exchange for
their 30% equity interest in Da Lian Xin Yang High-Tech Development Co.,
Ltd. As a result, Da Lian Xin Yang High-Tech Development Co., Ltd. is
now a wholly-owned subsidiary of the Company.
Item
3.02 Unregistered
Sales of Equity Securities
Please see Item 2.01
above.
Item
9.01.
|
Financial
Statements and Exhibits.
|
(d)
|
Exhibits
|
|
99.1 Press
Release, dated June 5, 2008, issued by China Sun Group High-Tech
Co.
|
|
|
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated:
June 5, 2008
|
CHINA
SUN GROUP HIGH-TECH CO.
|
|
|
|
|
|
|
By:
|
/s/ Bin
Wang
|
|
|
|
Name: Bin
Wang
|
|
|
|
Title: President,
Chief Executive Officer and Chairman
|
|
|
|
|
|
3
China Sun Group High Tech (CE) (USOTC:CSGH)
Historical Stock Chart
From Jun 2024 to Jul 2024
China Sun Group High Tech (CE) (USOTC:CSGH)
Historical Stock Chart
From Jul 2023 to Jul 2024