THE STOCK WIZARDS FOCUS LISTS INCLUDES: (OTCBB: HELI) Heli Electronics Corp. (OTCBB: AMCG) Amico Games Corp. (OTC: SSWC) SpeechSwitch, Inc. (OTC: GOIG) GoIP Global, Inc.
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(OTCBB: HELI — Heli Electronics Corp.)
CURRENT NEWS!!
Heli Electronics Corp. Provides Corporate Update
GUANGZHOU, China, Jun 21, 2010 Heli Electronics Corp. (OTCBB:HELI) today announced an update to its shareholders on the impact of the Share Exchange Agreement closed on June 15, 2010.
In connection with the closing of the Share Exchange Agreement the Company has undergone the following corporate changes:
– The Company changed its name from Dong Fang Minerals to Heli Electronics Corp.
– Its stock symbol has changed to OTCBB: HELI
– Its new website is www.helielectronics.com
– The Company effected a forward split of the Company’s common stock at the ratio of one hundred and twenty (120) new shares for every one (1) existing share of the Company’s issued and outstanding common stock.
– Shareholders of Heli Holding Group Ltd., a BVI based company, which holds ownership of the operating Chinese entity, were issued 144,280,000 shares of the common stock of Heli in exchange for all of the issued and outstanding common shares of the BVI Company’s stock.
– Jian Hong Liu, Heli’s former director and officer, has canceled 299,500,000 common shares of Heli held by him.
– Lu Lu, Heli’s former director and officer, has canceled 299,500,000 common shares of Heli held by her.
– Total Shares Issued and Outstanding after the closing were 266,000,000 common shares.
– Lu Lu has resigned as a director of Heli and Xin Qiu was nominated by Heli and was appointed in her place.
– Lu Lu has resigned as CEO and from all officer positions and Heli has appointed Xin Qiu as CEO, Hong Liu as CFO, Secretary and Treasurer, Guozhong Ao as COO, and Yaoyun Zheng as Executive Vice President of Sales and Marketing.
– The BVI Company has become a fully owned subsidiary of Heli.
About Heli Electronics Corp.
Heli Electronics Corp. (www.helielectronics.com) is traded under the symbol HELI on the OTCBB exchange and is based in Guangzhou, China. It is the primary marketing, promotion, logistics, and after-sales service agency of audio and visual (AV) products for Haier Group, a world leader in electronics and electrical appliances. Its products include speakers, multimedia stereo systems, and home theatres, among other types of AV products. The company seeks to establish a broad network in China to provide comprehensive after-sales service, brand establishment, brand promotion, distribution, and logistics management of a wide array of electronics and electrical appliances. Backed by Haier’s strong brand presence and an abundance of sales channels throughout Mainland China, HELI has grown immensely since its inception in March 2008. Read the rest of this entry »



