[X]
|
Preliminary
Information Statement
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[
]
|
Confidential,
for Use of the Commission Only (as permitted by Rule 14a-5(d)
(1))
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[
]
|
Definitive
Information Statement
|
[X]
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No
fee required
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[
]
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Fee
computed on table below per Exchange Act Rules 14c-5(g) and
0-11.
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(1)
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Title
of each class of securities to which transaction
applies:
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(2)
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Aggregate
number of securities to which transaction
applies:
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(3)
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Per
unit price or other underlying value of transaction computed pursuant
to
Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is
calculated and state how it was
determined):
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(4)
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Proposed
maximum aggregate value of
transaction:
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(5)
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Total
fee paid:
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[
]
|
Fee
previously paid with preliminary
materials.
|
[
]
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Check
box if any part of the fee is offset as provided by Exchange Act
Rule
0-11(a) (2) and identify the filing for which the offsetting fee
was paid
previously. Identify the previous filing by registration statement
number,
or the form or schedule and the date of its
filing.
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(1)
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Amount
Previously Paid:
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(2)
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Form,
Schedule or Registration Statement
No.:
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(3)
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Filing
Party:
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(4)
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Date
Filed:
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(i) |
it
reduced the number of directorships from five to four; and
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(ii) |
it
elected the current Board of Directors of the
Company.
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(i) |
to
reduce the number of directorships from five to four; and
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(ii) |
to
elect the current Board of Directors of the
Company.
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Amount
and Nature
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of
Beneficial
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Name
of Beneficial Owner
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Class
of Stock
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Ownership
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Percent
of Class
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Owners
of More than 5%
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Chongqing
Yahu Information
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Development
Co., Ltd. (1)
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Series A
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4,950,000
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99%
|
|
c/o
Chongqing Qinbao
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Convertible
|
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Technology
Ltd.
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Preferred
(2)
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No.
78 1st Yanghe Village
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Jiangbei
District, Chongqing
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China
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||
Directors
and Executive Officers:
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||
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Guo
Fan
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Common
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7,600,000
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75%
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c/o
Pay88, Inc.
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1053
North Barnstead Road,
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Center
Barnstead, NH 03225
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Tao
Fan (1)
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Series A
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4,950,000
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99%
|
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c/o
Chongqing Qinbao
|
|
Convertible
|
|
|
|
|
|
Technology
Ltd.
|
|
Preferred
(2)
|
|
|
|
|
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No.
78 1st Yanghe Village
|
|
|
|
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||
Jiangbei
District, Chongqing
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|
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||
China
|
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Gordon
Preston
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N/A
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0
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0
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c/o
Pay88, Inc.
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1053
North Barnstead Road,
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||
Center
Barnstead, NH 03225
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||
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Lin
Xu
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N/A
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0
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Less
than 1%
|
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c/o
Chongqing Qinbao
|
|
|
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Technology
Ltd.
|
|
|
|
|
|
|
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No.
78 1st Yanghe Village
|
|
|
|
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||
Jiangbei
District, Chongqing
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||
China
|
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Shiqing
Fu
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N/A
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0
|
|
0
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c/o
Chongqing Qinbao
|
|
|
|
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|
Technology
Ltd.
|
|
|
|
|
|
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No.
78 1st Yanghe Village
|
|
|
|
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||
Jiangbei
District, Chongqing
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|
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||
China
|
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|
|
|
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|
||
All
directors and executive Common
|
|
7,600,000
|
|
75%
|
|
||
officers
as a group
|
|
|
|
|
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|
|
(five
persons)
|
|
Series A
|
|
|
|
|
|
|
|
Convertible
|
|
|
|
|
|
|
|
Preferred
|
|
4,950,000
|
|
99%
|
|
Name
|
Age
|
Positions
and Offices
|
Guo
Fan
|
29
|
Chairman,
President, CEO, and Director
|
Tao
Fan
|
35
|
Chief
Operating Officer
|
Gordon
Preston
|
64
|
Secretary
and Director
|
Shiqing
Fu
|
43
|
Director
|