China Shandong Industries Files S-1 Registration Statement
LOS ANGELES, CA -- (Marketwire) -- 04/21/10 -- China Shandong Industries, Inc. (OTCBB: CSNH), a producer and global marketer of furniture and accessories, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed public offering of its common stock.
Shandong Industries intends to use the net proceeds from this proposed offering to fund a substantial portion of a proposed new furniture production line. This proposed new production line will manufacture a higher-end line of furniture than it has historically produced.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
The offering will be made only by means of a prospectus. An electronic copy of the prospectus is available on the web site of the Securities and Exchange Commission (the "SEC") at http://www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About China Shandong Industries, Inc.
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