More on eWasteCC http://www.otcmarkets.com/edgar/
Post# of 3844
Posted On: 12/30/2013 9:22:27 AM
More on eWasteCC
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9468462
(As a side note, City, OeBo, and JCP are the entities that hold the EWSI licenses that Tanke bought from EWSI at the beginning of 2013...FYI)
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9468462
(As a side note, City, OeBo, and JCP are the entities that hold the EWSI licenses that Tanke bought from EWSI at the beginning of 2013...FYI)
YaZhou (a Variable Interest Entity or V.I.E.)
Through a series of contractual arrangements in the first quarter of 2013we became the indirect holding company of Shanghai YaZhuo Jiudian Guanli, Ltd. (“ YaZhuo ”), which is now our primary management company located in the People's Republic of China ("PRC").
Beginning early in the first quarter, EWSI’s Shanghai office, with YaZhuo as leader of the effort, began setting up new accounting systems and processes to manage the affairs of the business units we bring under contract as Leasehold Operations. Using United States GAAP practices and English language based software YaZhuo is now overseeing the operations of our China based Leasehold Operations and is actively engaged in business development. Their results in the first half year have led to many very important developments for our Company.
Jiangsu ChengXiang Plastic Co., LTD (JCP)
JCP is the first company managed by YaZhuo on behalf of the Company, JCP holds patents for the recycling of plastics, including electronic waste plastics, which it then processes into new materials for the construction industry. The company produces these construction grade plastics which are structurally advanced and are presently being used in the construction industry as reusable forms for building concrete structures. We ultimately hope to be able to identify improved methods of operation, and intend to source access to additional input streams of plastics from ewaste and other materials; and to seek new uses of the patented recycling technology.
Shaghai Yibao Shangwu Xinxi ZixunYouxian Gongsi (eBao)
eBao is historically a consulting and contracting firm specializing in the hotel, entertainment, and leisure industry. The company provides products and services designed to improve asset management, increase revenues and customer retention, and enhance the consumer experience. The clients are frequently in need of new technology products and to find efficient methods for asset recovery or disposal. We believe that our eWasteCC software solution will have significant applications to the industry served by eBao and we ultimately seek to learn more about that application so we can broaden the offering while simultaneously looking to secure streams of end of life assets.
Shanghai City View Hotel Management LTD. and Shanghai Kunyuan Jiudian Guanli Co., Ltd (City)
City is an upscale hotel and leisure company, and one of the types of targets for our eWasteCC technology. City targets high-end consumers and regularly strives to find ways to upgrade the consumer experience by the use of new technologies and services. We believe that our eWasteCC software solution will similarly have significant applications to the hotel and leisure industry and we ultimately seek to learn more about that application so we can broaden the offering while simultaneously looking to secure streams of end of life assets.
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