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 reported): April 28, 2010
SINO PAYMENTS, INC.
(Exact name of registrant as specified in its charter)
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Nevada |
000-53537 |
26-3767331 |
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(State or other jurisdiction |
(Commission File Number) |
(IRS Employer |
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of Incorporation) |
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Identification Number) |
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Unit T25, GF Bangkok Bank Building 18 Bonham Strand West Sheung Wan, Hong Kong |
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(Address of principal executive offices) |
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Office: 877-205-6270 x 801 |
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(Registrant’s Telephone Number) |
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(Former name or former address, if changed since last report)
Copy of all Communications to:
Carrillo Huettel, LLP
3033 Fifth Avenue, Suite 201
San Diego, CA 92103
phone: 619.399.3090
fax: 619.399.0120
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:
. Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
. Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
On April 28, 2010, the Registrant issued a press release announcing that it expects to open an office in Shenzhen China in the near future. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Limitation on Incorporation by Reference.
In accordance with General Instruction B.2 of Form 8−K, the information in this Form 8−K furnished pursuant to Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Exchange Act or Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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EXHIBIT |
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NUMBER |
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DESCRIPTION |
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99.1 |
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Press release dated April 28, 2010. |
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 thereunto duly authorized.
Date: April 28, 2010
SINO PAYMENTS, INC.
By: /s/: Matthew Mecke
Matthew Mecke
CEO
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Exhibit 99.1
Sino Payments to Open Representative Office in Shenzhen China
HONG KONG, April 28 /PRNewswire-FirstCall/ -- Sino Payments, Inc. ( www.sinopayments.com ) (OTC Bulletin Board: SNPY.ob - News ) a provider of stand alone worldwide ecommerce processing capability and integrated IP at Point of Sale solutions for retailers today announced that it will open an office in Shenzhen China.
Sino Payments' President and CEO Matthew Mecke stated, "Our new customer order book is growing to the point where we are confident we will be able to achieve operating profit on a monthly basis within 2010 and as a result of the increasing opportunities we are seeing on a near daily basis, Sino Payments will open an office within the next few months in the Shekou area of Shenzhen in China to help provide service and sales support for Chinese customers as well as to serve as a regional hub to support the increasing Asian merchants we are signing. It has been some time to build out where we are today and most of the news we have not been able to make public yet but we expect this all to change very soon and are excited about the future for Sino Payments."
About Sino Payments, Inc.
Sino Payments is a US public company with offices in Hong Kong. In addition to providing stand alone worldwide ecommerce processing capability, Sino Payments' proprietary IP transaction processing system (SinoPay GPP) is designed to convert transaction processing systems from old type dial up point of sale systems linked to sophisticated check out terminals to a modern seamless IP transaction process, reducing credit and debit card transaction processing times to between 3-5 seconds at checkout. Sino Payments focuses on providing IP credit and debit card processing services to large retail chains, including supermarket chains and large regional multinational retailers, in China and throughout Asia.
Forward Looking Statements
Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the credit and security industry, customer acceptance of products and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Sino Payments, Inc. results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Sino Payments, Inc. undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.