JPAK GROUP, INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of financial condition and results of operations relates to the operations and financial condition reported in the financial statements of Jpak for the three months ended September 30, 2009 and 2008 and should be read in conjunction with such financial statements and related notes included in this report. Overview We are engaged primarily in the development, manufacture, and distribution of aseptic liquid food and beverage cartons for milk, fruit juices, soy milk, yogurt drinks, iced tea, wine, sauces and other liquid foods and beverages in China. Since 2004, we have focused on research and development and we believe that we are one of the largest and leading domestic supplier of aseptic liquid food and beverage cartons in China. Our business is primarily in China, but we recently began manufacturing products for export to several other countries. Company History Qingdao Renmin commenced operations in China in 1958 as a state-owned, traditional printing and packaging company. Management completed the buyout of 88.23% of the state-owned equity interest in 2004, and in the same year started the development of aseptic liquid food and beverage cartons which was launched in the China market in 2005. On June 22, 2006, Jpak was incorporated in the Cayman Islands as Winner Dragon Limited. Winner Dragon Limited and was renamed Jpak Group Co., Ltd. on September 18, 2006. Additionally, during Septemb...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 8-K, Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. In this Current Report on Form 8-K, unless the context otherwise requires, all references to 'we,'' ''us,'' ''our'' and "the Company" refers collectively to Jpak Group, Inc. and its direct and indirect subsidiaries, including Grand International and Qingdao Renmin, as at the date of this Current Report on Form 8-K. Item 1.01 Entry into a Material Definitive Agreement The Securities Purchase Agreement On November 3, 2009, we entered into a Securities Purchase Agreement (the "Purchase Agreement") with Lee Wah Investments Limited (the "Investor"). On November 4, 2009, against receipt of six million US dollars ($6,000,000.00), pursuant to the Purchase Agreement, we issued and sold to the Investor 12,000,000 units of our securities at a price of $0.50 per unit (the "Offering"). Net proceeds to the Company were $5,916,500. Each unit consists of (i) one (1) share of the Company's Series C Convertible Preferred Stock, par value $0.0001 per share (the "Preferred Shares"), convertible into one share of the Company's common stock, par value $0.001 per share (the "Common Stock"), and (ii) a one-half Series E Warrant (the "Series E Warrant") and one-half Series F Warrant (the "Series F Warrant", collectively the "Warrants"). Each whole Series E Warrant may be exercised to purchase one share of Common Stock at an exercise price of $0.60 per share and each whole Series F Warrant may be exercised to purchase one share of Common Stock at an exercise price of $0.70 per share. The Warrants are exercisable for a period of five years from the date of issuance. In connection with the Offering, we have paid the fee of $30, 000 to Tripoint Global Equities, LLC, who acted as placement agent. In connection with the Offering, we also entered into a Registration Rights Agreement with the Investor (the "Investor RRA"). Under the In...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS The following discussion and analysis of financial condition and results of operations relates to the operations and financial condition reported in the financial statements of Jpak for the fiscal years ended June 30, 2009 and 2008 and should be read in conjunction with such financial statements and related notes included in this report. Overview We are engaged primarily in the development, manufacture, and distribution of aseptic liquid food and beverage cartons for milk, fruit juices, soy milk, yogurt drinks, iced tea, wine, sauces and other liquid foods and beverages in China. Since 2004, we have focused on research and development and we believe we are the largest and leading domestic supplier of aseptic liquid food and beverage cartons in China. Our business is primarily in China, but we have recently begun contract manufacturing products for export to several other countries. Company History Qingdao Renmin commenced operations in China in 1958 as a state-owned, traditional printing and packaging company. Management completed the buyout of 88.23% of the state-owned equity interest in 2004, and in the same year started the development of aseptic liquid food and beverage cartons which was launched in the China market in 2005. On June, 22, 2006, Jpak was incorporated in the Cayman Islands as Winner Dragon Limited. Winner Dragon Limited and was renamed Jpak Group Co., Ltd. on September 18, 2006. Additionally, during September 2006, Jpak completed the acquisition of 88.23% of the equity interest in Qingdao Renmin through Grand International, the 100% owned subsidiary of Jpak. Currently, substantially, all of our operations are conducted in China through Qingdao Renmin. In July 2007, Grand International completed the acquisition of the remaining 11.77% of the state-owned equity interest and now owns 100% of the equity interest of Qingdao Renmin. Competitive environment ...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations We did not conduct any operations during periods up through the date of the share exchange (the "Share Exchange") which was completed in August 2007 pursuant to which we acquired all of the outstanding shares of capital stock of Jpak Group Co., Ltd., an exempted company organized under the laws of the Cayman Islands ("Jpak"). The Share Exchange has been accounted for as a reverse merge accounting for business combinations in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP." Reported results of operations of the combined group reflect Jpak's operations. As a result, we have included elsewhere in this Quarterly Report on Form 10-Q the consolidated financial statements of Jpak, our subsidiary which indirectly owns Qingdao Renmin Printing Co., Ltd. our operating subsidiary ("Qingdao Renmin"). Jpak owns 100% equity interest in Qingdao Renmin through its wholly owned subsidiary Grand International Industrial Limited, a company organized under the laws of Hong Kong ("Grand International"). The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of our financial condition and result of operations should be read in conjunction with our condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Overview We are engaged primarily in the development, manufacture, and distribution of aseptic liquid food and be...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations We did not conduct any operations during periods up through the date of the share exchange (the "Share Exchange") which was completed in August 2007 pursuant to which we acquired all of the outstanding shares of capital stock of Jpak Group Co., Ltd., an exempted company organized under the laws of the Cayman Islands ("Jpak"). The Share Exchange has been accounted for as a reverse merge accounting for business combinations in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP." Reported results of operations of the combined group reflect Jpak's operations. As a result, we have included elsewhere in theis Quarterly Report on Form 10-Q the consolidated financial statements of Jpak, our subsidiary which indirectly owns Qingdao Renmin Printing Co., Ltd. our operating subsidiary ("Qingdao Renmin"). Jpak owns 100% equity interest in Qingdao Renmin through its wholly owned subsidiary Grand International Industrial Limited, a company organized under the laws of Hong Kong ("Grand International"). The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of our financial condition and result of operations should be read in conjunction with our condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Overview We are engaged primarily in the development, manufacture, and distribution of aseptic liquid food and b...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations We did not conduct any operations during periods up through the date of the share exchange (the "Share Exchange") which was completed in August 2007 pursuant to which we acquired all of the outstanding shares of capital stock of Jpak Group Co., Ltd., an exempted company organized under the laws of the Cayman Islands ("Jpak"). The Share Exchange has been accounted for as a reverse merge accounting for business combinations in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP."Reported results of operations of the combined group reflect Jpak's operations. As a result, we have included elsewhere in this Quarterly Report on Form 10-Q the consolidated financial statements of Jpak, our subsidiary which indirectly owns Qingdao Renmin Printing Co., Ltd. our operating subsidiary ("Qingdao Renmin"). Jpak owns 100% equity interest in Qingdao Renmin through its wholly owned subsidiary Grand International Industrial Limited, a company organized under the laws of Hong Kong ("Grand International"). The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of our financial condition and result of operations should be read in conjunction with our condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Overview We are engaged primarily in the development, manufacture, and distribution of aseptic liquid food and bever...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 8-K, Other Events

Show all filings for JPAK GROUP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for JPAK GROUP, INC. 16-Dec-2008Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purpos...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations We did not conduct any operations during periods up through the date of the share exchange (the "Share Exchange") which was completed in August 2007 pursuant to which we acquired all of the outstanding shares of capital stock of Jpak Group Co., Ltd., an exempted company organized under the laws of the Cayman Islands ("Jpak"). The Share Exchange has been accounted for as a reverse merge accounting for business combinations in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP." Reported results of operations of the combined group reflect Jpak's operations. As a result, we have included elsewhere in this Quarterly Report on Form 10-Q the consolidated financial statements of Jpak, our subsidiary which indirectly owns Qingdao Renmin Printing Co., Ltd. our operating subsidiary ("Qingdao Renmin"). Jpak owns 100% equity interest in Qingdao Renmin through its wholly owned subsidiary Grand International Industrial Limited, a company organized under the laws of Hong Kong ("Grand International"). The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of this Quarterly Report on Form 10-Q and in the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of our financial condition and result of operations should be read in conjunction with our condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Overview We are engaged primarily in the development, manufacture, an...
Click here to read the whole Article (external link)

JPAK GROUP, INC. Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations We did not conduct any operations during periods up through the date of the share exchange (the "Share Exchange") which was completed in August 2007 pursuant to which we acquired all of the outstanding shares of capital stock of Jpak Group Co., Ltd., an exempted company organized under the laws of the Cayman Islands ("Jpak"). The Share Exchange has been accounted for as a reverse merge accounting for business combinations in accordance with generally accepted accounting principles in the United States of America, or "U.S. GAAP." Reported results of operations of the combined group reflect Jpak's operations. As a result, we have included elsewhere in this Quarterly Report on Form 10-Q the consolidated financial statements of Jpak, our subsidiary which indirectly owns Qingdao Renmin Printing Co., Ltd. our operating subsidiary ("Qingdao Renmin"). Jpak owns 100% equity interest in Qingdao Renmin through its wholly owned subsidiary Grand International Industrial Limited, a company organized under the laws of Hong Kong ("Grand International"). The following discussion and analysis of our financial condition and result of operations contains forward-looking statements and involves numerous risks and uncertainties, including, but not limited to, those described in the "Risk Factors" section of this Quarterly Report on Form 10-Q and in the other reports we file with the Securities and Exchange Commission. Actual results may differ materially from those contained in any forward-looking statements. The following discussion and analysis of our financial condition and result of operations should be read in conjunction with our condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Overview We are engaged primarily in the development, manufacture, an...
Click here to read the whole Article (external link)