Wednesday, February 27, 2008

Homeland Energy Corporation

Industry: Mining

Main business locations: South Africa

Registered address:
c/o Craigmuir Chambers
Post Office Box 71
Road Town, Tortola
British Virgin Islands

Incorporation year: 2004

Listed on: private company (soon to be public on TSX).

Financial highlights (2007 9m):
Total Assets: CAD 27,716,000
Total common shares: 32,629,780
Net loss: CAD 3,910,000
Net loss per share: CAD 0.15
(the company currently invests in exploration)

About the BVI Company:

Homeland Energy Corp. is a private (soon to be public) company focused on energy exploration and development in Southern Africa. The main projects developed by the company at the current moment are three coal properties in the provinces of Mpumalanga and Kwa-Zulu Natal.

The BVI company is also planning to acquire interests in a number of additional coal properties in eastern South Africa and some neighbouring countries, including Botswana and Swaziland, and owns a significant stake (39%) in Homeland Uranium Inc., a Canadian uranium exploration and development company with uranium exploration activities in Niger and the United States. Homeland also has interest in long-term energy production and development of uranium projects in the United States (Colorado).

After the completion of a reverse take over of TSX Venture Exchange listed Chrysalis Capital Corporation IV, Homeland Energy Corp. is expected to change its name to Homeland Energy Group Ltd. and start trading on the TSX in March 2008.

Wednesday, February 20, 2008

A-Power Energy Generation Systems, Ltd.

Formerly Chardan South China Acquisition Corporation

Industry: Manufacturing


Main business locations: China

Registered address:
Kingston Chambers
P.O. Box 173
Road Town, Tortola
British Virgin Islands

Registered agent:
Maples Finance BVI Limited

Incorporation date:
May 14, 2007

Listed on: NASDAQ
Ticker: APWR

Financial highlights:
Net Loss (9m 2007): USD 259,156
Market Capitalization: USD 243 million

About the BVI company:

A-Power Energy Generation Systems, Ltd. (formerly Chardan South China Acquisition Corp.), through its Chinese operating subsidiary, Liaoning GaoKe Energy Group Co., Ltd., is the provider of distributed power generation systems in China. A-Power Energy Generation Systems, Ltd. also develops and commercializes additional renewable energy technologies, and has strategic relationships with both Tsinghua University and the China Sciences Academy in Guangzhou. The company is planning to enter into China's wind energy market in 2008.

Monday, February 11, 2008

Gengsheng International Corporation

Gengsheng International Corporation (formerly known as Powersmart Holdings Limited) is a BVI company being a 100% subsidiary of NASDAQ listed China Gengsheng Minerals Inc. (formerly known as China Minerals Technologies Inc.) The main business of China Gengsheng Minerals Inc. is conducted through the BVI-registered company Gengsheng International Corp. and its China- and BVI- based subsidiaries.

Industry: Manufacturing

Main business locations: China

Registered Office:
Tortola
British Virgin Islands

Date of Incorporation: November 3, 2004

About China Gengsheng Minerals Inc.:
Listed on : NASDAQ
Ticker: CHGS

Financial highlights (2007 6m):
Total assets: USD 50,168,000
Stockholder's equity: USD 30,762,000
Revenues: USD 18,518,000
Operating expenses: USD 3,760,000
Net income: USD 2,821,000
Earnings per share: USD 0.14

BVI Subsidiaries of Gengsheng International Corporation:
Smarthigh Holdings Limited (incorporated in the British Virgin Islands in November 2004)

About the BVI company:
Gengsheng International Corporation (previously known as Powersmart Holdings Limited) is a full-owned subsidiary of Nevada-registered China Gengsheng Minerals Inc., which develops, manufactures and markets a wide range of mineral-based and heat-resistant products, used in the iron and steel industry. China Gengsheng Minerals, founded in 1986 and based in China's Henan province, currently sells its products to more than 160 customers in the iron, steel, glass, cement, aluminium and chemical businesses located in China and in 11 other countries.

All business of the Nevada company is conducted through the BVI-domiciled Gengsheng International Corporation and its China- and BVI-based subsidiaries, - Henan Gengsheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd., Henan Gengsheng High Temperature Materials Co., Ltd., and Smarthigh Holdings Limited.

Some months ago, China Gengsheng Minerals Inc. changed its name (formerly China Mineral Technologies, Inc.), with the change of ticker name from CMIT.OB to CHGS.OB. The BVI-based subsidiary changed its name from Powersmart Holdings Limited to Gengsheng International Corp.