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        <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
  filed with the Securities and Exchange Commission on April 17, 2009</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration
  No. 333-________</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">UNITED
  STATES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">SECURITIES
  AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Washington,
  D.C. 20549</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">FORM
  S-8</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REGISTRATION
  STATEMENT UNDER THE SECURITIES ACT OF 1933</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
  name of registrant as specified in its charter)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="34%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Nevada</font></div>
              </td>
              <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="34%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">43-1932733</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="34%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(State
        or other jurisdiction of</font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">incorporation
        or organization)</font></div>
              </td>
              <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="34%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(IRS
        Employer Identification No.)</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17890
        Castleton Street, Suite 112</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">City
        of Industry, California</font></div>
                  </div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Address
        of Principal Executive Offices, including Zip Code)</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Songzai
        International Holding Group, Inc.</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2009
        Stock Incentive Plan</font></div>
                  </div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(full
        title of the plan)</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Yvonne
        Zhang</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17890
        Castleton Street, Suite 112</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">City
        of Industry, California</font></div>
                  </div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;(Name
        and address of agent for service)</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr>
                <td valign="top" width="80%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(626)
        581-8878</font></div>
                  </div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="80%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;(Telephone
        number, including area code, of agent for
    service)</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">With a
  copy to:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Kevin
  K. Leung, Esq.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Francis
  Chen, Esq.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RICHARDSON
  &amp; PATEL LLP</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10900
  Wilshire Boulevard, Suite 500</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Los
  Angeles, California 90024</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(310)
  208-1182</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
  by check mark whether the registrant is a large accelerated filer, an
  accelerated filer, a non-accelerated filer, or a smaller reporting company. See
  the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller
  reporting company&#8221; in Rule&#160;12b-2 of the Exchange Act.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Large
        Accelerated filer&#160;&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
              </td>
              <td align="left" valign="bottom" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="38%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accelerated
        Filer&#160;&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Non-Accelerated
        Filer&#160; <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
              </td>
              <td align="left" valign="bottom" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="38%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Smaller
        Reporting Company <font style="DISPLAY: inline; FONT-FAMILY: wingdings">x</font></font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>&#160;</div>
      <div>
        <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
        <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CALCULATION
  OF REGISTRATION FEE</font></div>
      <div>
        <div align="center">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        <font style="DISPLAY: inline; FONT-WEIGHT: bold">Title of each class of
        securities</font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">to
        be registered</font></div>
                </td>
                <td valign="middle" width="2%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="2" valign="bottom" width="12%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Amount to be
        </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Registered
        </font>(1)</font></div>
                </td>
                <td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="2" valign="bottom" width="11%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Proposed </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Maximum </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Offering Price
        </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Per Share
        </font>(2)</font></div>
                </td>
                <td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="2" valign="bottom" width="13%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Proposed </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Maximum </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Aggregate </font></font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Offering Price
        </font>(2)</font></div>
                </td>
                <td valign="bottom" width="2%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="2" valign="bottom" width="12%" style="BORDER-BOTTOM: black 2px solid">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount
        of </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Registration</font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Fee</font></div>
                </td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="23%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        Stock, $.001 par value</font></div>
                </td>
                <td valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">75,000</font></div>
                </td>
                <td align="left" valign="bottom" width="2%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="10%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$4.68</font></div>
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                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="12%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$351,000</font></div>
                </td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$19.59</font></div>
                </td>
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              <tr bgcolor="white">
                <td align="left" valign="bottom" width="23%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        Stock, $.001 par value</font></div>
                </td>
                <td valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4,925,000</font></div>
                </td>
                <td align="left" valign="bottom" width="2%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="10%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$4.68</font></div>
                </td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="12%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$23,049,000</font></div>
                </td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$1,286.14</font></div>
                </td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="23%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total</font></div>
                </td>
                <td valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5,000,000</font></div>
                </td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="12%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$23,400,000</font></div>
                </td>
                <td valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="11%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$1,305.73</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1)&#160;&#160;</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pursuant
        to Rule 416 of the Securities Act, this registration statement shall also
        cover any additional shares of common&#160;stock that shall become
        issuable by reason of any stock dividend, stock split, recapitalization,
        or other similar transaction by the Registrant.</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="95%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2)&#160;&#160;</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Estimated
        solely for purposes of calculating the registration fee in accordance with
        Rule 457(c) of the Securities Act of 1933, as amended, using the average
        of the bid and asked price as reported on the Over-the-Counter Bulletin
        Board on April 16, 2009.</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="95%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3)</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Represents
        shares of common stock reserved for issuance and granted under the Songzai
        International Holding Group, Inc. 2009 Stock Incentive
      Plan.</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="95%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4)</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Represents
        shares of common stock reserved for issuance and available for grant under
        the Songzai International Holding Group, Inc. 2009 Stock Incentive
        Plan.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXPLANATORY
  NOTE</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  Registration Statement relates to two separate prospectuses.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Section 10(a)
  Prospectus</font>: Items 1 and 2 from Part I of this Registration Statement, and
  the documents incorporated by reference pursuant to Part II, Item 3 of this
  prospectus, constitute a prospectus that meets the requirements of Section 10(a)
  of the <font style="DISPLAY: inline; FONT-STYLE: italic">Securities Act of
  1933</font>, as amended (the &#8220;Securities Act&#8221;).</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Reoffer Prospectus</font>:
  The material that follows Item 2, beginning on Page&#160;1 through 21, up to but
  not including Part II of this Registration Statement, beginning on Page II-1,
  constitutes a &#8220;reoffer prospectus,&#8221; prepared in accordance with the requirements
  of Part I of Form S-3 under the Securities Act. Pursuant to Instruction C of
  Form S-8, the reoffer prospectus may be used for reoffers or resales of common
  shares which are deemed to be &#8220;control securities&#8221; or &#8220;restricted securities&#8221;
  under the Securities Act that have been acquired by the selling shareholders
  named in the reoffer prospectus.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
  I</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INFORMATION
  REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  1.&#160;&#160;&#160;&#160;Plan Information</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  documents containing the information specified in Item 1 will be sent or given
  to participants in the Songzai International Holding Group, Inc. 2009 Stock
  Incentive Plan as specified by Rule 428(b)(1) of the Securities Act of 1933, as
  amended (the &#8220;Securities Act&#8221;). Such documents are not required to be and are
  not filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) either as part
  of this Registration Statement or as prospectuses or prospectus supplements
  pursuant to Rule 424. These documents and the documents incorporated by
  reference in this Registration Statement pursuant to Item 3 of Part II of this
  Form S-8, taken together, constitute a prospectus that meets the requirements of
  Section 10(a) of the Securities Act.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  2.&#160;&#160;&#160;&#160;Registrant Information and Employee Plan Annual
  Information</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Upon
  written or oral request, any of the documents incorporated by reference in Item
  3 of Part II of this Registration Statement (which documents are incorporated by
  reference in this Section 10(a) Prospectus), other documents required to be
  delivered to eligible employees, non-employee directors and consultants,
  pursuant to Rule 428(b) are available without charge by contacting:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Ms.
  Yvonne Zhang</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17890
  Castleton Street, Suite 112</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">City
  of Industry, California</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(626)
  581-8878</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">*&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">Information required by Part I to be
  contained in Section 10(a) prospectus is omitted from the Registration Statement
  in accordance with Rule 428 under the Securities Act of 1933, and Note to Part I
  of Form S-8.</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REOFFER
  PROSPECTUS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Songzai
  International Holding Group, Inc.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">75,000
  Shares of</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
  Stock</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  reoffer prospectus relates to the sale of up to 75,000 shares of our common
  stock, $.001 par value per share, which may be offered and resold from time to
  time by the selling shareholders identified in this reoffer prospectus for their
  own account issuable pursuant to our 2009 Stock Incentive Plan. It is
  anticipated that the selling shareholders will offer common shares for sale at
  prevailing prices on the OTC Bulletin Board on the date of sale.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We will
  receive no part of the proceeds from sales made under this reoffer prospectus.
  The selling shareholders will bear all sales commissions and similar expenses.
  Any other expenses incurred by us in connection with the registration and
  offering and not borne by the selling shareholders will be borne by
  us.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  prices at which the selling shareholders may sell the shares of common stock
  that are part of this offering will be determined by the prevailing market price
  for the shares at the time the shares are sold, or at such a price negotiated
  price or prices determined, from time to time, by the selling shareholders. See
  &#8220;Plan of Distribution.&#8221;&#160;&#160;The selling shareholders may be deemed
  &#8220;underwriters&#8221; within the meaning of the Securities Act of 1933, as amended, in
  connection with the sale of their common stock under this reoffer
  prospectus.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
  common stock is quoted on the OTC Bulletin Board under the symbol SGHZ. The
  closing sale price for our common stock on April 16, 2009 was $5.80 per
  share.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Investing
  in our common stock involves risks. See "Risk Factors" on page&#160;2 of this
  reoffer prospectus. These are speculative securities. Prospective investors
  should read this prospectus and any amendment or supplement hereto together with
  additional information described under the heading &#8220;Additional Information
  Available to You.&#8221;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Since our
  company does not currently meet the registrant requirements for use of Form S-3,
  the amount of common shares which may be resold by means of this reoffer
  prospectus by each of the selling shareholders, and any other person with whom
  he or she is acting in concert for the purpose of selling securities of our
  company, must not exceed, in any three month period, the amount specified in
  Rule 144(e) promulgated under the Securities Act.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NEITHER
  THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS
  APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS
  TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
  OFFENSE.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The date
  of this prospectus is April 17, 2009.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TABLE
  OF CONTENTS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <div align="center">
          <div align="center">
            <div align="center">
              <table cellpadding="0" cellspacing="0" width="100%">
                  <tr>
                    <td align="left" valign="bottom" width="70%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                    <td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Page</font></div>
                    </td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="70%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                    <td valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prospectus
        Summary</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Risk
        Factors</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Cautionary
        Note Regarding Forward-Looking Statements</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Determination
        of Offering Price</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Use
        of Proceeds</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Selling
        Shareholders</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">12</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Plan
        of Distribution</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Legal
        Matters</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Experts</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">16</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Incorporation
        of Certain Documents by Reference</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">17</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Disclosure
        of Commission Position on Indemnification For Securities Act
        Liabilities</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">18</font></div>
                    </td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="70%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Additional
        Information Available to You</font></div>
                    </td>
                    <td valign="bottom" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">21</font></div>
                    </td>
                  </tr>
              </table>
            </div>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NO
  PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
  REPRESENTATIONS, OTHER THAN THOSE CONTAINED IN THIS PROSPECTUS, IN CONNECTION
  WITH THE OFFERING MADE HEREBY, AND, IF GIVEN OR MADE, SUCH INFORMATION OR
  REPRESENTATION MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY THE COMPANY
  OR ANY OTHER PERSON. NEITHER THE DELIVERY OF THIS PROSPECTUS NOR ANY SALE MADE
  HEREUNDER SHALL UNDER ANY CIRCUMSTANCES CREATE ANY IMPLICATION THAT THERE HAS
  BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THE DATE HEREOF. THIS
  PROSPECTUS DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
  BUY ANY SECURITIES OFFERED HEREBY BY ANYONE IN ANY JURISDICTION IN WHICH SUCH
  OFFER OR SOLICITATION IS NOT AUTHORIZED OR IN WHICH THE PERSON MAKING SUCH OFFER
  OR SOLICITATION IS NOT QUALIFIED TO DO SO OR TO ANY PERSON TO WHOM IT IS
  UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PROSPECTUS
  SUMMARY</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">As
  used herein, the terms &#8220;prospectus&#8221; and &#8220;herein&#8221; mean this prospectus including
  the documents incorporated or deemed to be incorporated herein by reference, as
  the same may be amended, supplemented or otherwise modified from time to time.
  This summary highlights information contained elsewhere in this prospectus. It
  does not contain all of the information that you should consider before
  investing in our common stock. You should read the entire prospectus carefully,
  including the section entitled "Risk Factors" and our consolidated financial
  statements and the related notes. In this prospectus, we refer to Songzai
  International Holding Group, Inc., a Nevada corporation (&#8220;Songzai&#8221;), and our
  subsidiaries, Heilongjiang Tong Gong Kuang Ye You Xian Gong Si, a company
  organized under the laws of the People&#8217;s Republic of China (&#8220;Tong Gong&#8221;),
  Heilongjiang Xing An Group Hong Yuan Coal Mine Co., Ltd., a company organized
  under the laws of the People&#8217;s Republic of China (&#8220;Hong Yuan&#8221;), and Heilongjiang
  Xing An Group Sheng Yu Mining Co., Ltd. a company organized under the laws of
  the People&#8217;s Republic of China (&#8220;Sheng Yu&#8221;, and with Hong Yuan sometimes
  collectively the &#8220;Xing An Companies&#8221;), as "we," "us" and "our."</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">OVERVIEW</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Songzai
  was originally incorporated on June 7, 2001 in the State of Nevada under its
  former name &#8220;Heritage Companies, Inc.&#8221; Through our subsidiaries, Tong Gong, Hong
  Yuan and Sheng Yu, we are engaged in coal production by exploring, assembling,
  assessing, permitting and developing coal properties in the People&#8217;s Republic of
  China (the &#8220;PRC&#8221;). Tong Gong was incorporated under the laws of the PRC on
  December 21, 1994. Hong Yuan was incorporated under the laws of the PRC on
  August 18, 2003. Sheng Yu was incorporated under the laws of the PRC on July 23,
  2003. Through these subsidiaries, we operate three coal mines in the
  northeastern Chinese province of Heilongjiang.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
  principal executive offices are located at 17890 Castleton Street, Suite 112,
  City of Industry, California 91748, and our telephone number is (626)
  581-8878.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Offering</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <div align="left">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr bgcolor="#cceeff">
                <td align="left" valign="top" width="40%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        stock outstanding before the offering</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">14,932,582
        shares</font></div>
                </td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="top" width="40%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        stock issuable upon exercise of outstanding options which may be offered
        pursuant to this prospectus</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">75,000
        shares</font></div>
                </td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="top" width="40%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        stock to be outstanding after the offering</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">15,007,582
        shares</font></div>
                </td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="top" width="40%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Use
        of proceeds</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
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        will receive the exercise price from the sale of shares to the selling
        shareholders when, and if, such selling shareholders exercise their stock
        options. Any proceeds received by us from the exercise of such stock
        options will be used for general working capital
    purposes.</font></div>
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                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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                <td valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
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        Bulletin Board Symbol</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="top" width="36%">
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                </td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="top" width="36%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="top" width="40%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Risk
        Factors</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="top" width="36%">
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        purchase of common stock involves a high degree of risk. You should
        carefully review and consider &#8220;Risk Factors&#8221; beginning on page
        2.&#160;</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt">1</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RISK
  FACTORS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">You
  should carefully consider the risks described below together with all of the
  other information included in this report before making an investment decision
  with regard to our securities. The statements contained in or incorporated into
  this offering that are not historic facts are forward-looking statements that
  are subject to risks and uncertainties that could cause actual results to differ
  materially from those set forth in or implied by forward-looking statements. If
  any of the following risks actually occurs, our business, financial condition or
  results of operations could be harmed. In that case, the trading price of our
  common stock could decline, and you may lose all or part of your
  investment.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RISKS
  RELATED TO OUR BUSINESS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  business and results of operations are dependent on coal markets, which may be
  cyclical.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As all of
  our revenue is derived from sales of coal in the PRC, our business and operating
  results are substantially dependent on the domestic Chinese demand for coal. The
  Chinese coal market is cyclical and exhibit fluctuation in supply and demand
  from year to year. They are subject to numerous factors beyond our control,
  including, but not limited to, the economic conditions in the PRC and
  fluctuations in industries with high demand for coal, such as the power and
  steel industries. Fluctuations in supply and demand for coal have effects on
  coal prices, which in turn affect our operating and financial performance. We
  have experienced substantial price fluctuations in the past and believe that
  such fluctuations will continue. The average selling price of coal products per
  tonne from Tong Gong Coal Mine was RMB 170 per tonne in 2005, RMB 174 per tonne
  in 2006, RMB 192 per tonne in 2007 and RMB 231 per tonne in 2008. The average
  selling price of coal products per tonne from Hong Yuan and Sheng Yu coal mines
  was RMB 200 per tonne in 2005, RMB 200 per tonne in 2006, RMB 225 per tonne in
  2007 and RMB 238 per tonne in 2008. The demand for coal is primarily affected by
  the overall economic development and the demand for coal from the electricity
  generation, steel and construction industries. The supply of coal, on the other
  hand, is primarily affected by the geographical location of the coal supplies,
  the volume of coal produced by the domestic and international coal suppliers,
  and the quality and price of competing sources of coal. Alternative fuels, such
  as natural gas, oil and nuclear power, and alternative energy sources, such as
  hydroelectric power also have influences on the market demand for coal. Excess
  supply of coal or significant reduction in the demand for our coal by domestic
  electricity generation or steel industries may have an adverse effect on coal
  prices, which would in turn cause a decline in our profitability. In addition,
  any significant decline in domestic coal prices could materially and adversely
  affect our business and result of operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  mining operations are inherently subject to changing conditions that can affect
  our profitability.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
  mining operations are inherently subject to changing conditions that can affect
  levels of production and production costs for varying lengths of time and can
  result in decreases in our profitability. We are exposed to commodity price risk
  related to our purchase of diesel fuel, explosives and steel.&#160;&#160;In
  addition, weather conditions, equipment replacement or repair, fires, variations
  in thickness of the layer, or seam, of coal, amounts of overburden, rock and
  other natural materials and other geological conditions can be expected in the
  future to have, a significant impact on our operating
  results.&#160;&#160;Prolonged disruption of production at our mine would result
  in a decrease in our revenues and profitability, which could be
  material.&#160;&#160;Other factors affecting the production and sale of our coal
  that could result in decreases in our profitability include:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
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              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">sustained
        high pricing environment for our raw materials, including, among other
        things, diesel fuel, explosives and
  steel;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">changes
        in the laws and/or regulations that we are subject to, including
        permitting requirements;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">labor
        shortages; and</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">changes
        in coal market and general economic
  conditions.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  coal operations are extensively regulated by the PRC Government and government
  regulations may limit our activities and adversely affect our business
  operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our coal
  operations, like those of other Chinese energy companies, are subject to
  extensive regulations established by the PRC Government. Central governmental
  authorities, such as the National Development and Reform Commission, the State
  Environmental Protection Administration, the Ministry of Land and Resources, the
  State Administration of coal mine Safety, the State Bureau of Taxation, and
  provincial and local authorities and agencies exercise extensive control over
  various aspects of China&#8217;s coal mining and transportation (including rail and
  sea transport). These controls affect the following material aspects of our
  operations:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">exploration,
        exploitation and mining rights and
  licensing;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">rehabilitation
        of mining sites after mining is
  completed;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">recovery
        rate requirements;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">industry-specific
        taxes and fees;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">target
        of our capital investments;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">pension
        funds appropriation; and</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">environmental
        and safety standards.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
  believe that our operations are in compliance with applicable legal and
  regulatory requirements. However, there can be no assurance that the central or
  local governments in the PRC will not impose new, stricter regulations or
  interpretations of existing regulations that would require additional
  expenditures. We may face significant constraints on our ability to implement
  our business strategies or to carry out or expand our business operations. Our
  business may also be materially and adversely affected by future changes in
  certain regulations and policies of the Chinese Government in respect of the
  coal industry. New legislation or regulations may be adopted that may materially
  and adversely affect our coal operations, our cost structure or the demand for
  our products. In addition, new legislation or regulations or different or more
  stringent interpretation of existing laws and regulations may also require us to
  substantially change our existing operations or incur significant
  costs.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Chinese government has become increasingly concerned with workplace safety and
  environmental issues, particularly in light of several recent accidental
  explosions in coal mines due to poor internal safety measures, and as reflected
  by the implementation of the State Council&#8217;s Regulation on Shutting Down Small
  Coal Mines.&#160;Moreover, additional new legislation or regulations may be
  adopted, or the enforcement of existing laws could become more stringent, either
  of which may have a significant impact on our mining operations or our
  customers&#8217; ability to use coal and may require us or our customers to
  significantly change operations or to incur substantial
  costs.&#160;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  business operations may be adversely affected by present or future environmental
  regulations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As a
  producer of coal products, we are subject to significant, extensive, and
  increasingly stringent environmental protection laws and regulations in China.
  These laws and regulations:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">impose
        fees for the discharge of waste
  substances;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">require
        the establishment of reserves for reclamation and
        rehabilitation;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">require
        the payment of fines for serious environmental offences;
      and</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;&#160;
        &#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allow
        the Chinese Government, at its discretion, to close any facility that
        fails to comply with orders requiring it to correct or stop operations
        causing environmental damage.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our coal
  mining operations may produce waste water, gas and solid waste materials.
  Currently, the PRC Government is moving toward more rigorous enforcement of
  applicable laws and regulations as well as the adoption and enforcement of more
  stringent environmental standards. Our current amounts of capital expenditure
  for environmental regulatory compliance may not be sufficient if additional
  regulations are imposed and we may need to allocate additional funds for such
  purpose. If we fail to comply with current or future environmental laws and
  regulations, we may be required to pay penalties or fines or take corrective
  actions, any of which may have a material adverse effect on our business
  operations and financial condition.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, China is a signatory to the 1992 United Nations Framework Convention
  on Climate Change and the 1997 Kyoto Protocol, which are intended to limit
  emissions of greenhouse gases. Efforts to control greenhouse gas emission in
  China could result in reduced use of coal if power generators switch to sources
  of fuel with lower carbon dioxide emissions, which in turn could reduce the
  revenues of our coal business and have a material adverse effect on our results
  of operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Demand for coal and coal prices are
  closely linked to consumption patterns of the electric industry in </font><font style="DISPLAY: inline; FONT-WEIGHT: bold">China</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">.&#160;&#160;Any changes in
  consumption patterns could affect our operations and
  profitability.</font>&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Demand
  for coal and the prices that we will be able to obtain for our coal are closely
  linked to coal consumption patterns of the electric generation industry in
  China, which has accounted for approximately 58% of overall coal consumption in
  China in recent years.&#160;&#160;These coal consumption patterns are influenced
  by factors beyond our control, including the demand for electricity (which is
  dependent to a significant extent on summer and winter temperatures and the
  strength of the economy); government regulation; technological developments and
  the location, availability, quality and price of competing sources of coal;
  other fuels such as natural gas, oil and nuclear; and alternative energy sources
  such as hydroelectric power. Any reduction in the demand for our coal by the
  domestic electric generation industry may cause a decline in
  profitability.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">If
  transportation for our coal becomes unavailable or uneconomic for our customers,
  our ability to sell coal could suffer.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transportation
  costs represent a significant portion of the total cost of coal and, as a
  result, the cost of transportation is a critical factor in a customer&#8217;s
  purchasing decision.&#160;&#160;Increases in transportation costs could make
  coal a less competitive source of energy or could make some of our operations
  less competitive than other sources of coal.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  future success depends upon our ability to continue acquiring and developing
  coal mining rights that are economically feasible.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  amount of coal underlying our mining rights declines as we produce
  coal.&#160;&#160;We may not be able to mine all of the coal underlying our
  mining rights as profitably as we do at our current operations.&#160;&#160;Our
  profitability depends substantially on our ability to mine coal that has the
  geological characteristics that enable it to be mined at competitive
  costs.&#160;&#160;As we can only increase our existing production capacity by a
  limited amount, the future increase in our coal production will depend on
  expanding our existing mining rights or acquisitions of new mining
  rights.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">New
  mining rights may not be available when required or, if available, the
  underlying coal may not be capable of being mined at costs comparable to those
  characteristics of our existing mining rights.&#160;&#160;We may in the future
  acquire mining rights from third parties.&#160;&#160;We may not be able to
  accurately assess the geological characteristics to any mining rights that we
  acquire, which may adversely affect our profitability and financial
  condition.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition to the Tong Gong coal mine which we began mining in 2004, we recently
  acquired the Xing An Companies which mine the Hong Yuan and Sheng Yu mines.
  Exhaustion of the mining rights underlying these mines, as well mining rights
  that we may acquire in the future, can also have an adverse effect on operating
  results that is disproportionate to the percentage of overall production
  represented by such mining rights.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We cannot
  give any assurance that we will be able to continue identifying suitable targets
  in the PRC for acquisition or acquire suitable targets on competitive terms. Nor
  can we assure you that we will be able to successfully develop new coal mines or
  expand our existing ones in accordance with our development plans or at all. Our
  failure to timely or successfully acquire suitable targets on competitive terms,
  or to successfully complete the development of new coal mines or to expand our
  existing mining rights could have an adverse effect on the results of operation
  and our financial condition.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  acquisition of mining rights and the development of new mines in the PRC require
  approval of the Chinese Government. Delay or failure in securing the relevant
  governmental approvals or permits as well as any adverse change in government
  policies may cause a significant adjustment to our development and acquisition
  plans, which may materially adversely affect our profitability and growth
  prospects.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Risks inherent to mining could
  increase the cost of operating our business.</font>&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
  mining operations are subject to conditions beyond our control that can delay
  coal deliveries or increase the cost of mining at particular mines for varying
  lengths of time.&#160;&#160;These conditions include weather and natural
  disasters, unexpected maintenance problems, key equipment failures, variations
  in coal seam thickness, variations in the amount of rock and soil overlying the
  coal deposit, variations in rock and other natural materials and variations in
  geologic conditions.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As with
  all underground coal mining companies, our operations are affected by mining
  conditions such as a deterioration in the quality or thickness of faults and/or
  coal seams, pressure in mine openings, presence of gas and/or water inflow and
  propensity to spontaneous combustion, as well as operational risks associated
  with industrial or engineering activity, such as mechanical breakdowns. Although
  we have conducted geological investigations to evaluate such mining conditions
  and adapt our mining plans to address them, there can be no assurance that the
  occurrence of any adverse mining conditions would not result in an increase in
  our costs of production, a reduction of our coal output or the temporary
  suspension of our operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Underground
  mining is also subject to certain risks such as methane outbursts and accidents
  caused by roof weakness and ground-falls. There can be no assurance that the
  occurrence of such events or conditions would not have a material adverse impact
  on our business and results of operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  product delivery relies on the Chinese railway transportation
  system.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All of
  our 2008 net sales&#160;were derived from sales of coal transported by the
  Chinese national railway system. As the railway system has limited
  transportation capacity and cannot fully satisfy coal transportation
  requirements, discrepancies between capacity and demand for transportation exist
  in certain areas of the PRC. We generally utilize the national rail system to
  transport coal to our customers. No assurance can be given that we will continue
  to be allocated adequate railway transport capacity or acquire adequate rail
  cars, or that we will not experience any material delay in transporting our coal
  as a result of insufficient railway transport capacity or rail
  cars.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Some of
  our mines depend on a single transportation carrier or a single mode of
  transportation. Disruption of any of these transportation services due to
  weather-related problems, flooding, drought, accidents, mechanical difficulties,
  strikes, lockouts, bottlenecks, and other events could temporarily impair our
  ability to supply coal to our customers. Our transportation providers may face
  difficulties in the future that may impair our ability to supply coal to our
  customers, resulting in decreased revenues.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">We
  may suffer losses resulting from industry-related accidents and lack of
  insurance.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
  operate coal mines and related facilities that may be affected by water, gas,
  fire or structural problems. As a result, we, like other coal mining companies,
  have experienced accidents that have caused property damage and personal
  injuries. Although we have implemented safety measures at our mining operations,
  and provide on-the-job training for our employees, and, in accordance with
  relevant laws set aside approximately 2.0% of employees&#8217; total remuneration for
  employees&#8217; injury insurance, there can be no assurance that industry-related
  accidents will not occur in the future. At Tong Gong mine, where the miners are
  employees of the Company, we purchase work-related death and injury insurance at
  the cost of RMB 900 in annual insurance premium per worker. Under this insurance
  policy, the insurance company will pay up to RMB 100,000 (approximately $13,680)
  for each work-related death or injury. Mine workers at Hong Yuan and Sheng Yu
  coal mines are sub-contracted from general contractors who borne the costs of
  such insurance.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">However,
  we do not currently maintain fire, or other property insurance covering our
  properties, equipment or inventories, other than with respect to vehicles. In
  addition, we do not maintain any business interruption insurance or any third
  party liability insurance to cover claims in respect of personal injury,
  property or environmental damage arising from accidents on our properties, other
  than third party liability insurance with respect to vehicles. Any uninsured
  losses and liabilities incurred by us could have a material adverse effect on
  our financial condition and results of operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">We
  may be required to allocate additional funds for land subsidence.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">A
  consequence of the underground mining methods used at our mines is land
  subsidence above underground mining sites. Depending on the circumstances, we
  may be required to relocate inhabitants from the land above the underground
  mining sites prior to mining those sites or we may be required to compensate the
  inhabitants for losses or damages from land subsidence after the underground
  sites have been mined. We may also be required to make payments for land
  subsidence, restoration, rehabilitation or environmental protection of the land
  after the underground sites have been mined. Where such payment is required
  under applicable law or regulations, an estimate of such costs is recognized in
  the period in which the obligation is identified and is charged as an expense in
  our income statement in proportion to the coal extracted. The estimate of costs
  for land subsidence, restoration, rehabilitation or environmental protection of
  the land may be subject to change in the future as actual costs become apparent
  and standards established by the PRC Government change from time to time.
  Therefore, there can be no assurance that such estimates are accurate or that
  our land subsidence, restoration, rehabilitation and environmental protection
  costs will not substantially increase in the future or that the PRC Government
  will not impose new fees in respect of land subsidence. Any such substantial
  increases or new fees could have a material adverse effect on our results of
  operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">If
  we are unable to expand our operations through acquisitions of other business or
  assets, our profitability may be negatively affected.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We are
  seeking to expand our operations both in the regions in which we operate as well
  as in other parts of China through acquisitions of businesses and
  assets.&#160;&#160;Acquisition transactions involve inherent risks, such
  as:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">uncertainties
        in assessing the value, strengths, weaknesses, contingent and other
        liabilities and potential profitability of acquisition or other
        transaction candidates;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        potential loss of key personnel of an acquired
    business;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        ability to achieve identified operating and financial synergies
        anticipated to result from an acquisition or other
        transaction;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">problems
        that could arise from the integration of the acquired
        business;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">unanticipated
        changes in business, industry or general economic conditions that affect
        the assumptions underlying the acquisition or other transaction rationale;
        and</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
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            <tr valign="top">
              <td align="right" style="WIDTH: 54pt">
                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;&#160;
        &#160;&#160;</font></div>
                </div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">unexpected
        development costs that adversely affect our
    profitability.</font></div>
              </td>
            </tr>
        </table>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, we may not be able to successfully negotiate new mining rights or
  maintain our leasehold interests in properties on which mining operations are
  not commenced during the term of the lease.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Our ability to operate our company
  effectively could be impaired if we lose key personnel or fail to attract
  qualified personnel.</font>&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We manage
  our business with a number of key personnel, the loss of a number of who could
  have a material adverse effect on us.&#160; In addition, as our business
  develops and expands, we believe that our future success will depend greatly on
  our continued ability to attract and retain highly skilled and qualified
  personnel.&#160;&#160;We cannot assure you that key personnel will continue to
  be employed by us or that we will be able to attract and retain qualified
  personnel in the future.&#160;&#160;We do not have &#8220;key person&#8221; life insurance
  to cover our executive officers.&#160;&#160;Failure to retain or attract key
  personnel could have a material adverse effect on us.</font></div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">A
  prolonged downturn in global economic conditions may materially adversely affect
  our business.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Our business and results of operations
  are affected by international, national and regional economic conditions.
  Financial markets in the United States, Europe and Asia have been experiencing
  extreme disruption in recent months, including, among other things, extreme
  volatility in security prices, severely diminished liquidity and credit
  availability, ratings downgrades of certain investments and declining values of
  others. The global economy has entered a recession. We are unable to predict the
  likely duration and severity of the current disruptions in financial markets,
  credit availability, and adverse economic conditions throughout the world. These
  economic developments affect businesses such as ours and those of our customers
  in a number of ways that could result in unfavorable consequences to us. Current
  economic conditions or a deepening economic downturn in the PRC and elsewhere
  may cause our current or potential customers to delay or reduce purchases which
  could, in turn, result in reductions in our sales volumes or prices, materially
  and adversely affecting our results of operations and cash flows. Volatility and
  disruption of global financial markets could limit our customers' ability to
  obtain adequate financing to maintain operations and proceed with planned or new
  capital spending initiatives, leading to a reduction in sales volume that could
  materially and adversely affect our results of operations and cash flow. In
  addition, a decline in our customers' ability to pay as a result of the economic
  downturn may lead to increased difficulties in the collection of our accounts
  receivable, higher levels of reserves for doubtful accounts and write-offs of
  accounts receivable, and higher operating costs as a percentage of
  revenues.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RISKS
  RELATED TO DOING BUSINESS IN CHINA</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Our
  operations are primarily located in China and may be adversely affected by
  changes in the policies of the Chinese government.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  political environment in the PRC may adversely affect the Company&#8217;s business
  operations.&#160;&#160;The PRC has operated as a socialist state since 1949 and
  is controlled by the Communist Party of China.&#160;&#160;In recent years,
  however, the government has introduced reforms aimed at creating a &#8220;socialist
  market economy&#8221; and policies have been implemented to allow business enterprises
  greater autonomy in their operations.&#160;&#160;Changes in the political
  leadership of the PRC may have a significant effect on laws and policies related
  to the current economic reforms program, other policies affecting business and
  the general political, economic and social environment in the PRC, including the
  introduction of measures to control inflation, changes in the rate or method of
  taxation, the imposition of additional restrictions on currency conversion and
  remittances abroad, and foreign investment.&#160;&#160;These effects could
  substantially impair the Company&#8217;s business, profits or prospects in
  China.&#160;&#160;Moreover, economic reforms and growth in the PRC have been
  more successful in certain provinces than in others, and the continuation or
  increases of such disparities could affect the political or social stability of
  the PRC.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">The
  Chinese government exerts substantial influence over the manner in
  which&#160;companies in China must conduct their business
  activities.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The PRC
  only recently has permitted greater provincial and local economic autonomy and
  private economic activities.&#160;&#160;The government of the PRC has exercised
  and continues to exercise substantial control over virtually every sector of the
  Chinese economy through regulation and state ownership.&#160;&#160;Accordingly,
  government actions in the future, including any decision not to continue to
  support recent economic reforms and to return to a more centrally planned
  economy or regional or local variations in the implementation of economic
  policies, could have a significant effect on economic conditions in the PRC or
  particular regions thereof, and could require the Company to divest the
  interests it then holds in Chinese properties or joint ventures.&#160;&#160;Any
  such developments could have a material adverse effect on the business,
  operations, financial condition and prospects of the Company.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Future
  inflation in China may inhibit economic activity and adversely affect the
  Company&#8217;s operations.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In recent
  years, the Chinese economy has experienced periods of rapid expansion and within
  which some years with high rates of inflation and deflation, which have led to
  the adoption by the PRC government, from time to time, of various corrective
  measures designed to restrict the availability of credit or regulate growth and
  contain inflation.&#160;&#160;While inflation has moderated since 1995, high
  inflation may in the future cause the PRC government to impose controls on
  credit and/or prices, or to take other action, which could inhibit economic
  activity in China, and thereby adversely affect the Company&#8217;s business
  operations and prospects in the PRC.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">We
  may be restricted from freely converting the Renminbi to other currencies in a
  timely manner.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Renminbi is not a freely convertible currency at present.&#160;&#160;The Company
  receives all of its revenue in Renminbi, which may need to be converted to other
  currencies, primarily U.S. dollars, and remitted outside of the
  PRC.&#160;&#160;Effective July 1, 1996, foreign currency &#8220;current account&#8221;
  transactions by foreign investment enterprises, including Sino-foreign joint
  ventures, are no longer subject to the approval of State Administration of
  Foreign Exchange (&#8220;SAFE,&#8221; formerly, &#8220;State Administration of Exchange Control&#8221;),
  but need only a ministerial review, according to the Administration of the
  Settlement, Sale and Payment of Foreign Exchange Provisions promulgated in 1996
  (the &#8220;FX regulations&#8221;).&#160;&#8220;Current account&#8221; items include international
  commercial transactions, which occur on a regular basis, such as those relating
  to trade and provision of services.&#160;&#160;Distributions to joint venture
  parties also are considered a &#8220;current account transaction.&#8221;&#160;&#160;Other
  non-current account items, known as &#8220;capital account&#8221; items, remain subject to
  SAFE approval.&#160;&#160;Under current regulations, the Company can obtain
  foreign currency in exchange for Renminbi from swap centers authorized by the
  government.&#160;&#160;The Company does not anticipate problems in obtaining
  foreign currency to satisfy its requirements; however, there is no assurance
  that foreign currency shortages or changes in currency exchange laws and
  regulations by the Chinese government will not restrict the Company from freely
  converting Renminbi in a timely manner.&#160;&#160;If such shortages or change
  in laws and regulations occur, the Company may accept Renminbi, which can be
  held or re-invested in other projects.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Future
  fluctuation in the value of the Renminbi may negatively affect the Company&#8217;s
  ability to convert its return on operations to U.S. dollars in a profitable
  manner and its sales globally.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Until
  1994, the Renminbi experienced a gradual but significant devaluation against
  most major currencies, including U.S. dollars, and there was a significant
  devaluation of the Renminbi on January 1, 1994 in connection with the
  replacement of the dual exchange rate system with a unified managed floating
  rate foreign exchange system.&#160;Since 1994, the value of the Renminbi
  relative to the U.S. Dollar has appreciated approximately 15%. Countries,
  including the U.S., have argued that the Renminbi is artificially undervalued
  due to China&#8217;s current monetary policies and have pressured China to allow the
  Renminbi to float freely in world markets.</font></div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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        <div id="HDR">
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      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">We
  may be unable to enforce our rights due to policies regarding the regulation of
  foreign investments in China.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The PRC&#8217;s
  legal system is a civil law system based on written statutes in which decided
  legal cases have little value as precedents, unlike the common law system
  prevalent in the United States. The PRC does not have a well-developed,
  consolidated body of laws governing foreign investment enterprises. As a result,
  the administration of laws and regulations by government agencies may be subject
  to considerable discretion and variation, and may be subject to influence by
  external forces unrelated to the legal merits of a particular
  matter.&#160;China&#8217;s regulations and policies with respect to foreign
  investments are evolving.&#160;Definitive regulations and policies with respect
  to such matters as the permissible percentage of foreign investment and
  permissible rates of equity returns have not yet been
  published.&#160;&#160;Statements regarding these evolving policies have been
  conflicting and any such policies, as administered, are likely to be subject to
  broad interpretation and discretion and to be modified, perhaps on a
  case-by-case basis.&#160;The uncertainties regarding such regulations and
  policies present risks that the Company will not be able to achieve its business
  objectives.&#160;There can be no assurance that the Company will be able to
  enforce any legal rights it may have under its contracts or
  otherwise.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">RISKS
  RELATED TO CORPORATE AND STOCK MATTERS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">We
  have a limited operating history and if we are not successful in continuing to
  grow our business, then we may have to scale back or even cease our ongoing
  business operations.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We have a
  limited operating history and must be considered in the development
  stage.&#160;The Company&#8217;s operations will be subject to all the risks inherent
  in the establishment of a developing enterprise and the uncertainties arising
  from the absence of a significant operating history.&#160;We may be unable to
  locate recoverable reserves or operate on a profitable basis.&#160;We are in the
  development stage and potential investors should be aware of the difficulties
  normally encountered by enterprises in the development stage.&#160;If our
  business plan is not successful, and we are not able to operate profitably,
  investors may lose some or all of their investment in the Company.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Most
  of our directors and officers are outside the United States, with the result
  that it may be difficult for investors to enforce within the United States any
  judgments obtained against us or any of our directors or officers.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Most of
  our directors and officers are nationals and/or residents of countries other
  than the United States, and all or a substantial portion of such persons&#8217; assets
  are located outside the United States.&#160;As a result, it may be difficult for
  investors to effect service of process on our directors or officers, or enforce
  within the United States or Canada any judgments obtained against us or our
  officers or directors, including judgments predicated upon the civil liability
  provisions of the securities laws of the United States or any state
  thereof.&#160;Consequently, you may be effectively prevented from pursuing
  remedies under U.S. federal securities laws against them.&#160;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">If
  we issue additional shares in the future, this may result in dilution to our
  existing stockholders.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
  articles of incorporation, as amended, authorize the issuance of 100,000,000
  shares of common stock and 8,000,000 shares of preferred stock.&#160;&#160;Our
  board of directors has the authority to issue additional shares up to the
  authorized capital stated in the certificate of incorporation. Our board of
  directors may choose to issue some or all of such shares to acquire one or more
  businesses or to provide additional financing in the future.&#160;&#160;The
  issuance of any such shares may result in a reduction of the book value or
  market price of the outstanding shares of our common stock.&#160;&#160;If we do
  issue any such additional shares, such issuance also will cause a reduction in
  the proportionate ownership and voting power of all other
  stockholders.&#160;&#160;Further, any such issuance may result in a change of
  control of our corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  authorized preferred stock constitutes what is commonly referred to as "blank
  check" preferred stock.&#160;&#160;This type of preferred stock allows the Board
  of Directors to divide the preferred stock into series, to designate each
  series, to fix and determine separately for each series any one or more relative
  rights and preferences and to issue shares of any series without further
  stockholder approval.&#160;&#160;Preferred stock authorized in series allows our
  Board of Directors to hinder or discourage an attempt to gain control of us by a
  merger, tender offer at a control premium price, proxy contest or otherwise.
  Consequently, the preferred stock could entrench our management.&#160;&#160;In
  addition, the market price of our common stock could be materially and adversely
  affected by the existence of the preferred stock.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">The
  application of the &#8220;penny stock&#8221; rules could adversely affect the market price
  of our common stock and increase your transaction costs to sell those
  shares.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Securities and Exchange Commission has adopted Rule 15g-9 which generally
  defines &#8220;penny stock&#8221; to be any equity security that has a market price (as
  defined) less than $5.00 per share or an exercise price of less than $5.00 per
  share, subject to certain exceptions.&#160;&#160;If the trading price of our
  common stock&#160;falls below $5.00 per share, the open-market trading of our
  common stock is subject to the penny stock rules, which impose additional sales
  practice requirements on broker-dealers who sell to persons other than
  established customers and &#8220;accredited investors&#8221;.&#160;&#160;The term
  &#8220;accredited investor&#8221; refers generally to institutions with assets in excess of
  $5,000,000 or individuals with a net worth in excess of $1,000,000 or annual
  income exceeding $200,000 or $300,000 jointly with their spouse.&#160;&#160;The
  penny stock rules require a broker-dealer, prior to a transaction in a penny
  stock not otherwise exempt from the rules, to deliver a standardized risk
  disclosure document in a form prepared by the SEC, which provides information
  about penny stocks and the nature and level of risks in the penny stock
  market.&#160;&#160;The broker-dealer also must provide the customer with current
  bid and offer quotations for the penny stock, the compensation of the
  broker-dealer and its salesperson in the transaction and monthly account
  statements showing the market value of each penny stock held in the customer&#8217;s
  account. The bid and offer quotations, and the broker-dealer and salesperson
  compensation information, must be given to the customer orally or in writing
  prior to effecting the transaction and must be given to the customer in writing
  before or with the customer&#8217;s confirmation.&#160;&#160;In addition, the penny
  stock rules require that prior to a transaction in a penny stock not otherwise
  exempt from these rules, the broker-dealer must make a special written
  determination that the penny stock is a suitable investment for the purchaser
  and receive the purchaser&#8217;s written agreement to the
  transaction.&#160;&#160;These disclosure requirements may have the effect of
  reducing the level of trading activity in the secondary market for the stock
  that is subject to these penny stock rules.&#160;&#160;Consequently, these penny
  stock rules may affect the ability of broker-dealers to trade our
  securities.&#160;&#160;We believe that the penny stock rules discourage investor
  interest in and limit the marketability of our common stock.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">NASD
  sales practice requirements may also limit a stockholder&#8217;s ability to buy and
  sell our stock.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition to the &#8220;penny stock&#8221; rules described above, the NASD has adopted rules
  that require that in recommending an investment to a customer, a broker-dealer
  must have reasonable grounds for believing that the investment is suitable for
  that customer.&#160;&#160;Prior to recommending speculative low priced
  securities to their non-institutional customers, broker-dealers must make
  reasonable efforts to obtain information about the customer&#8217;s financial status,
  tax status, investment objectives and other information.&#160;&#160;Under
  interpretations of these rules, the NASD believes that there is a high
  probability that speculative low priced securities will not be suitable for at
  least some customers.&#160;&#160;The NASD requirements make it more difficult
  for broker-dealers to recommend that their customers buy our common stock, which
  may limit your ability to buy and sell our stock and have an adverse effect on
  the market for our shares.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Stockholders
  should have no expectation of any dividends.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  holders of our common stock are entitled to receive dividends when, as and if
  declared by the board of directors out of funds legally available
  therefore.&#160;&#160;To date, we have not declared nor paid any cash
  dividends.&#160;&#160;The board of directors does not intend to declare any
  dividends in the foreseeable future, but instead intends to retain all earnings,
  if any, for use in our business operations.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">If
  we fail to maintain an effective system of internal controls, we may not be able
  to accurately report our financial results or prevent fraud.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We are
  subject to reporting obligations under the U.S. securities laws. The SEC, as
  required by Section 404 of the Sarbanes-Oxley Act of 2002, adopted rules
  requiring every public company to include a management report on such company&#8217;s
  internal controls over financial reporting in its Annual Report, which contains
  management&#8217;s assessment of the effectiveness of our internal controls over
  financial reporting. In addition, an independent registered public accounting
  firm must attest to and report on management&#8217;s assessment of the effectiveness
  of our internal controls over financial reporting. Our management may conclude
  that our internal controls over our financial reporting are not effective.
  Moreover, even if our management concludes that our internal controls over
  financial reporting are effective, our independent registered public accounting
  firm may still decline to attest to our management&#8217;s assessment or may issue a
  report that is qualified if it is not satisfied with our controls or the level
  at which our controls are documented, designed, operated or reviewed, or if it
  interprets the relevant requirements differently from us. Our reporting
  obligations as a public company will place a significant strain on our
  management, operational and financial resources and systems for the foreseeable
  future. Effective internal controls, particularly those related to revenue
  recognition, are necessary for us to produce reliable financial reports and are
  important to help prevent fraud. As a result, our failure to achieve and
  maintain effective internal controls over financial reporting could result in
  the loss of investor confidence in the reliability of our financial statements,
  which in turn could harm our business and negatively impact the trading price of
  our stock. Furthermore, we anticipate that we will incur considerable costs and
  use significant management time and other resources in an effort to comply with
  Section 404 and other requirements of the Sarbanes-Oxley Act.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">11</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CAUTIONARY
  NOTE REGARDING FORWARD-LOOKING STATEMENTS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  prospectus contains forward-looking statements. All statements other than
  statements of historical facts contained in this prospectus, including
  statements regarding our future results of operations and financial position,
  business strategy and plans and objectives of management for future operations,
  are forward-looking statements. These statements involve known and unknown
  risks, uncertainties and other factors that may cause our actual results,
  performance or achievements to be materially different from any future results,
  performance or achievements expressed or implied by the forward-looking
  statements.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In some
  cases, you can identify forward-looking statements by terms such as "may,"
  "will," "should," "expects," "plans," "anticipates," "could," "intends,"
  "target," "projects," "contemplates," "believes," "estimates," "predicts,"
  "potential" or "continue" or the negative of these terms or other similar words.
  These statements are only predictions. We have based these forward-looking
  statements largely on our current expectations and projections about future
  events and financial trends that we believe may affect our business, financial
  condition and results of operations. We discuss many of the risks in greater
  detail under the heading "Risk Factors." Also, these forward-looking statements
  represent our estimates and assumptions only as of the date of this prospectus.
  Except as required by law, we assume no obligation to update any forward-looking
  statements after the date of this prospectus.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  prospectus also contains estimates and other statistical data made by
  independent parties and by us relating to market size and growth and other
  industry data. This data involves a number of assumptions and limitations, and
  you are cautioned not to give undue weight to such estimates. We have not
  independently verified the statistical and other industry data generated by
  independent parties and contained in this prospectus and, accordingly, we cannot
  guarantee their accuracy or completeness. In addition, projections, assumptions
  and estimates of our future performance and the future performance of the
  industries in which we operate are necessarily subject to a high degree of
  uncertainty and risk due to a variety of factors, including those described in
  "Risk Factors," "Management's Discussion and Analysis of Financial Condition and
  Results of Operation" and elsewhere in this prospectus. These and other factors
  could cause results to differ materially from those expressed in the estimates
  made by the independent parties and by us.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DETERMINATION
  OF OFFERING PRICE</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  selling shareholders may sell the common shares issued to them from time-to-time
  at prices and at terms then prevailing or at prices related to the then current
  market price, or in negotiated transactions.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">USE
  OF PROCEEDS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  reoffer prospectus relates to sale of shares of common stock issuable upon
  exercise of currently outstanding stock options that may be offered and sold
  from time to time by the selling shareholders. We will receive the exercise
  price from the exercise of the options by the selling shareholders when, and if,
  such selling shareholders exercise their stock options. Any proceeds received by
  us from the exercise of such stock options will be used for general working
  capital purposes. We will not receive any proceeds from the sale of common stock
  by the selling shareholders pursuant to this reoffer prospectus.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SELLING
  SHAREHOLDERS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  reoffer prospectus relates to the sale of up to 75,000 shares of the common
  stock that may be offered and resold from time to time by the selling
  shareholders (&#8220;Selling Shareholders&#8221;) identified in this reoffer prospectus for
  their own account issuable pursuant to our 2009 Stock Incentive Plan. A total of
  5,000,000 shares of common stock have been reserved for issuance under all
  awards that may be granted under our 2009 Stock Incentive Plan, of which
  4,925,000 shares remain available for issuance.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If,
  subsequent to the date of this reoffer prospectus, we grant any further awards
  under the 2009 Stock Incentive Plan, to any eligible participants who are
  affiliates of our company (as defined in Rule 405 under the Securities Act),
  Instruction C of Form S-8 requires that we supplement this reoffer prospectus
  with the names of such affiliates and the amounts of securities to be reoffered
  by them as selling shareholders.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  following table provides, as of April 16, 2009, information regarding the
  beneficial ownership of our common shares held by each of the Selling
  Shareholders, including:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" nowrap valign="top" width="7%">
                <div style="MARGIN-LEFT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.&#160;&#160;&#160;
        </font></div>
              </td>
              <td valign="top" width="93%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">the
        number of common shares owned by each selling shareholder prior to this
        offering;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <div align="justify">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="left" nowrap valign="top" width="7%">
                  <div style="MARGIN-LEFT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.&#160;&#160;&#160;
        </font></div>
                </td>
                <td valign="top" width="93%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">the
        total number of common shares that are to be offered by each selling
        shareholder;</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <div align="justify">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="left" nowrap valign="top" width="7%">
                  <div style="MARGIN-LEFT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3.&#160;&#160;&#160;
        </font></div>
                </td>
                <td valign="top" width="93%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">the
        total number of common shares that will be owned by each selling
        shareholder upon completion of the offering;
  and</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <div align="justify">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="left" nowrap valign="top" width="7%">
                  <div style="MARGIN-LEFT: 36pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.&#160;&#160;&#160;
        </font></div>
                </td>
                <td valign="top" width="93%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">the
        percentage owned by each selling
  shareholder.</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Information
  with respect to beneficial ownership is based upon information obtained from the
  selling shareholders. Information with respect to "Shares Beneficially Owned
  Prior to the Offering" includes the shares issuable upon exercise of the stock
  options held by the selling shareholders to the extent these options are
  exercisable within 60 days of April 16, 2009. The "Number of Shares Being
  Offered" includes the common shares that may be acquired by the selling
  shareholders pursuant to the exercise of stock options granted to the selling
  shareholders pursuant to our 2009 Stock Incentive Plan. Information with respect
  to "Shares Beneficially Owned After the Offering" assumes the sale of all of the
  common shares offered by this prospectus and no other purchases or sales of our
  common shares by the selling shareholders. Except as described below and to our
  knowledge, the named selling shareholder beneficially owns and has sole voting
  and investment power over all common shares or rights to these common
  shares.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Because
  the selling shareholders may offer all or part of the common shares currently
  owned or the common shares received upon exercise of the options, which they own
  pursuant to the offering contemplated by this reoffer prospectus, and because
  its offering is not being underwritten on a firm commitment basis, no estimate
  can be given as to the amount of options that will be held upon termination of
  this offering. The common shares currently owned and the common shares received
  upon exercise of the options offered by this reoffer prospectus may be offered
  from time to time by the selling shareholders named below.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <div align="center">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="left" valign="bottom" width="20%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="4" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares
        Beneficially Owned </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Prior
        to This Offering</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number
        of </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares
        </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Being
        </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Offered</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td colspan="4" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Shares
        Beneficially Owned </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Upon
        Completion of the </font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Offering</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Name</font></div>
                </td>
                <td valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number
        (1)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Percent
        (2)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number
        (1)</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Percent
        (2)</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Yvonne
        Zhang (4)</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">55,000</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">*</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">55,000</font></div>
                </td>
                <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
                </td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Elan
        Yaish (5)</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">20,000</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">%</font></div>
                </td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="20%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Total
        Shares Offered</font></div>
                </td>
                <td align="left" valign="middle" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="right" valign="bottom" width="9%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">75,000</font></div>
                </td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td valign="bottom" width="9%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">* less
  than one percent</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(1)&#160;&#160;</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The
        number and percentage of shares beneficially owned is determined in
        accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as
        amended, and the information is not necessarily indicative of beneficial
        ownership for any other purpose. Under such rule, beneficial ownership
        includes any shares as to which the selling shareholder has sole or shared
        voting power or investment power and also any shares, which the selling
        shareholder has the right to acquire within 60
    days.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(2)&#160;&#160;</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Based
        upon 14,932,582 shares of common stock issued and outstanding as of April
        16, 2009.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="5%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(3)&#160;&#160;</font></div>
              </td>
              <td valign="top" width="95%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Represents
        options to purchase shares of our common stock issued under our 2009 Stock
        Incentive Plan.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <div align="justify">
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td valign="top" width="5%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(4)&#160;&#160;</font></div>
                </td>
                <td valign="top" width="95%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Ms.
        Zhang serves as Chief Financial Officer of the Company. On March 10, 2009,
        Ms. Zhang was granted an option to purchase up to 55,000 shares of common
        stock under our 2009 Stock Incentive Plan, all of which can be acquired by
        Ms. Zhang by exercise within 60 days of April 16,
    2009.</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div>
          <div align="justify">
            <table cellpadding="0" cellspacing="0" width="100%">
                <tr>
                  <td valign="top" width="5%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(5)&#160;&#160;</font></div>
                  </td>
                  <td valign="top" width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Mr.
        Yaish serves as a member of the board of directors of the Company. On
        March 10, 2009, Mr. Yaish was granted an potion to purchase up to 20,000
        shares of common stock under our 2009 Stock Incentive Plan, none of which
        can be acquired by Mr. Yaish by exercise within 60 days of April 16,
        2009.</font></div>
                    </div>
                  </td>
                </tr>
            </table>
          </div>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">13</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Since
  our company does not currently meet the registrant requirements for use of Form
  S-3, the amount of common shares which may be resold by means of this reoffer
  prospectus by each of the Selling Shareholders, and any other person with whom
  he or she is acting in concert for the purpose of selling securities of our
  company, must not exceed, in any three month period, the amount specified in
  Rule 144(e) promulgated under the Securities Act.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PLAN
  OF DISTRIBUTION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Timing
  of Sales</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under our
  2009 Stock Incentive Plan (the &#8220;Plan&#8221;), we are authorized to issue up to
  5,000,000 shares of our common stock.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Subject
  to the foregoing, the Selling Shareholders may offer and sell the common shares
  covered by this reoffer prospectus at various times. The Selling Shareholders
  will act independently of our company in making decisions with respect to the
  timing, manner and size of each sale.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
  Known Agreements to Resell the Shares</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To our
  knowledge, no Selling Shareholder has any agreement or understanding, directly
  or indirectly, with any person to resell the common shares covered by this
  prospectus.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Offering
  Price</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The sales
  price offered by the Selling Shareholders to the public may be:
  &#160;</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table cellpadding="0" cellspacing="0" width="100%">
                <tr>
                  <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.&#160;&#160;</font></div>
                  </td>
                  <td align="left" valign="top" width="92%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">the
        market price prevailing at the time of
    sale;</font></div>
                    </div>
                  </td>
                </tr>
            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div>
                <table cellpadding="0" cellspacing="0" width="100%">
                    <tr>
                      <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                        <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.&#160;&#160;</font></div>
                      </td>
                      <td align="left" valign="top" width="92%">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">a
        price related to such prevailing market price;
      or</font></div>
                          </div>
                        </div>
                      </td>
                    </tr>
                </table>
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  <div>
                    <table cellpadding="0" cellspacing="0" width="100%">
                        <tr>
                          <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                            <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3.&#160;&#160;</font></div>
                          </td>
                          <td align="left" valign="top" width="92%">
                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">such
        other price as the Selling Shareholders determine from time to
        time.</font></div>
                                </div>
                              </div>
                            </div>
                          </td>
                        </tr>
                    </table>
                  </div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </div>
              </div>
            </div>
          </div>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Manner
  of Sale</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  common shares may be sold by means of one or more of the following methods:
  &#160;</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table cellpadding="0" cellspacing="0" width="100%">
                <tr>
                  <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.&#160;&#160;</font></div>
                  </td>
                  <td align="left" valign="top" width="92%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">a
        block trade in which the broker-dealer so engaged will attempt to sell the
        common shares as agent, but may position and resell a portion of the block
        as principal to facilitate the
  transaction;</font></div>
                  </td>
                </tr>
            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            <div>
              <table cellpadding="0" cellspacing="0" width="100%">
                  <tr>
                    <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                      <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.&#160;&#160;</font></div>
                    </td>
                    <td align="left" valign="top" width="92%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">purchases
        by a broker-dealer as principal and resale by that broker-dealer for its
        account pursuant to this
  prospectus;</font></div>
                    </td>
                  </tr>
              </table>
            </div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          </div>
        </div>
        <div>
          <div align="justify">
          </div>
        </div>
        <div>
          <div style="TEXT-ALIGN: left" align="center">
          </div>
        </div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3.&#160;&#160;</font></div>
                </td>
                <td align="left" valign="top" width="92%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">ordinary
        brokerage transactions in which the broker solicits
        purchasers;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.&#160;&#160;</font></div>
                </td>
                <td align="left" valign="top" width="92%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">through
        options, swaps or derivatives;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5.&#160;&#160;</font></div>
                </td>
                <td align="left" valign="top" width="92%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">in
        transactions to cover short sales;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">6.&#160;&#160;</font></div>
                </td>
                <td align="left" valign="top" width="92%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">privately
        negotiated transactions; or</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">
              <tr>
                <td align="right" valign="top" width="8%" style="PADDING-LEFT: 0pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">7.&#160;&#160;</font></div>
                </td>
                <td align="left" valign="top" width="92%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">in
        a combination of any of the above
  methods.</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
          <div id="FTR">
            <div id="GLFTR" style="WIDTH: 100%" align="left">
            </div>
          </div>
          <div id="PN" style="PAGE-BREAK-AFTER: always">
            <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">14</font></div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade size="2">
            </div>
          </div>
          <div id="HDR">
            <div id="GLHDR" style="WIDTH: 100%" align="right">
            </div>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Selling Shareholders may sell their common shares directly to purchasers or may
  use brokers, dealers, underwriters or agents to sell their common shares.
  Brokers or dealers engaged by the Selling Shareholders may arrange for other
  brokers or dealers to participate. Brokers or dealers may receive commissions,
  discounts or concessions from the Selling Shareholders, or, if any such
  broker-dealer acts as agent for the purchaser of common shares, from the
  purchaser in amounts to be negotiated immediately prior to the sale. The
  compensation received by brokers or dealers may, but is not expected to, exceed
  that which is customary for the types of transactions involved.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Broker-dealers
  may agree with a Selling Shareholder to sell a specified number of common shares
  at a stipulated price per common share, and, to the extent the broker-dealer is
  unable to do so acting as agent for a selling shareholder, to purchase as
  principal any unsold common shares at the price required to fulfill the
  broker-dealer commitment to the selling shareholder.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Broker-dealers
  who acquire common shares as principal may thereafter resell the common shares
  from time to time in transactions, which may involve block transactions and
  sales to and through other broker-dealers, including transactions of the nature
  described above, in the over-the-counter market or otherwise at prices and on
  terms then prevailing at the time of sale, at prices then related to the
  then-current market price or in negotiated transactions. In connection with
  resales of the common shares, broker-dealers may pay to or receive from the
  purchasers of shares commissions as described above. &#160; &#160; &#160;
  &#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If our
  Selling Shareholders enter into arrangements with brokers or dealers, as
  described above, we are obligated to file a post-effective amendment to this
  registration statement disclosing such arrangements, including the names of any
  broker-dealers acting as underwriters.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Selling Shareholders and any broker-dealers or agents that participate with the
  Selling Shareholders in the sale of the common shares may be deemed to be
  "underwriters" within the meaning of the Securities Act. In that event, any
  commissions received by broker-dealers or agents and any profit on the resale of
  the common shares purchased by them may be deemed to be underwriting commissions
  or discounts under the Securities Act.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sales
  Pursuant to Rule 144</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
  common shares covered by this prospectus which qualify for sale pursuant to Rule
  144 under the Securities Act may be sold under Rule 144 rather than pursuant to
  this prospectus.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Accordingly,
  during such times as a Selling Shareholder may be deemed to be engaged in a
  distribution of the common stock, and therefore be considered to be an
  underwriter, the Selling Shareholder must comply with applicable law and, among
  other things: &#160;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <div align="right">
          <div align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
          <div>
            <div align="center">
              <table cellpadding="0" cellspacing="0" width="100%">
                  <tr>
                    <td nowrap valign="top" width="7%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1.&#160;&#160;&#160;&#160;&#160;&#160;
        </font></div>
                    </td>
                    <td valign="top" width="93%">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">may
        not engage in any stabilization activities in connection with our common
        stock;</font></div>
                      </div>
                    </td>
                  </tr>
              </table>
            </div>
          </div>
          <div style="DISPLAY: block; TEXT-INDENT: 0pt">
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            <div>
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                        <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20pt; TEXT-ALIGN: left" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.&#160;&#160;&#160;&#160;&#160;&#160;
        </font></div>
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                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">may
        not cover short sales by purchasing shares while the distribution is
        taking place; and</font></div>
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                    </tr>
                </table>
              </div>
            </div>
            <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
          </div>
        </div>
      </div>
      <div>
        <div style="TEXT-ALIGN: left" align="center">
        </div>
      </div>
      <div>
        <div align="center">
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              <tr>
                <td nowrap valign="top" width="7%">
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                </td>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">may
        not bid for or purchase any of our securities or attempt to induce any
        person to purchase any of our securities other than as permitted under the
        Exchange Act.</font></div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, we will make copies of this prospectus available to the Selling
  Shareholders for the purpose of satisfying the prospectus delivery requirements
  of the Securities Act.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Penny
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The SEC
  has adopted regulations which generally define "penny stock" to be any equity
  security that has a market price (as defined) of less than $5.00 per share or an
  exercise price of less than $5.00 per share, subject to certain exceptions. Our
  securities are covered by the penny stock rules, which impose additional sales
  practice requirements on broker-dealers who sell to persons other than
  established customers and "institutional accredited investors." The term
  "institutional accredited investor" refers generally to those accredited
  investors who are not natural persons and fall into one of the categories of
  accredited investor specified in subparagraphs (1), (2), (3), (7) or (8) of
  Rule&#160;501 of Regulation&#160;D promulgated under the Securities Act,
  including institutions with assets in excess of $5,000,000.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The penny
  stock rules require a broker-dealer, prior to a transaction in a penny stock not
  otherwise exempt from the rules, to deliver a standardized risk disclosure
  document in a form required by the Securities and Exchange Commission, obtain
  from the customer a signed and dated acknowledgement of receipt of the
  disclosure document and to wait two business days before effecting the
  transaction. The risk disclosure document provides information about penny
  stocks and the nature and level of risks in the penny stock market. The
  broker-dealer also must provide the customer with current bid and offer
  quotations for the penny stock, the compensation of the broker-dealer and its
  salesperson in the transaction and monthly account statements showing the market
  value of each penny stock held in the customer's account.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The bid
  and offer quotations, and the broker-dealer and salesperson compensation
  information, must be given to the customer orally or in writing prior to
  effecting the transaction and must be given to the customer in writing before or
  with the customer's confirmation. In addition, the penny stock rules require
  that prior to a transaction in a penny stock not otherwise exempt from these
  rules, the broker-dealer must make a special written determination that the
  penny stock is a suitable investment for the purchaser and receive the
  purchaser's written agreement to the transaction.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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  disclosure requirements may have the effect of reducing the level of trading
  activity in the secondary market for the stock that is subject to these penny
  stock rules. Consequently, these penny stock rules may affect the ability of
  broker-dealers to trade our securities. We believe that the penny stock rules
  discourage investor interest in and limit the marketability of our common
  stock.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">State
  Securities Laws</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under the
  securities laws of some states, the common shares may be sold in such states
  only through registered or licensed brokers or dealers. In addition, in some
  states the common shares may not be sold unless the shares have been registered
  or qualified for sale in the state or an exemption from registration or
  qualification is available and is complied with.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Expenses
  of Registration</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We are
  bearing all costs relating to the registration of the common shares. These
  expenses are estimated to be $7,500, including, but not limited to, legal,
  accounting, printing and mailing fees. The Selling Shareholders, however, will
  pay any commissions or other fees payable to brokers or dealers in connection
  with any sale of the common shares.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">LEGAL
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  validity of the common stock has been passed upon by Richardson &amp; Patel LLP,
  Los Angeles, California.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">EXPERTS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  financial statements incorporated by reference herein have been audited by
  Goldman Parks Kurland Mohidin, LLP,&#160;our independent registered public
  accounting firm, to the extent and for the periods set forth in its reports.
  Such financial statements are included in reliance upon the authority of said
  firm as experts in auditing and accounting.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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          <div id="GLFTR" style="WIDTH: 100%" align="left">
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        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16</font></div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">INCORPORATION OF CERTAIN
  DOCUMENTS</font>&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">BY
  REFERENCE</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Securities and Exchange Commission (&#8220;SEC&#8221;) allows us to incorporate by reference
  certain of our publicly filed documents into this prospectus, which means that
  such information is considered part of this prospectus. Information that we file
  with the SEC subsequent to the date of this prospectus will automatically update
  and supersede this information. We incorporate by reference the documents listed
  below and any future filings made with the SEC under all documents subsequently
  filed by us pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities
  Exchange Act of 1934 until the selling shareholders have sold all of the shares
  offered hereby or such shares have been deregistered.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">
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  following documents filed with the SEC are incorporated herein by
  reference:</font></div>
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        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K for the fiscal year ended December 31, 2008,
        filed by the Registrant with the Commission on March 30,
      2009;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 10,
      2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K/A for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 23,
      2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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                </td>
                <td style="WIDTH: 18pt">
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        quarterly report on Form 10-Q for the quarter ended March 31, 2008, filed
        by the Registrant with the Commission on May 13,
    2008;</font></div>
                </td>
              </tr>
          </table>
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        quarterly report on Form 10-Q for the quarter ended June 30, 2008, filed
        by the Registrant with the Commission on August 14,
    2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        quarterly report on Form 10-Q for the quarter ended September 30, 2008,
        filed by the Registrant with the Commission on November 14,
        2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 7, 2008;</font></div>
                </td>
              </tr>
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        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 10, 2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K/A filed by the Registrant with the Commission
        on January 11, 2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        June 10, 2008;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
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                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
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                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 5, 2009;</font></div>
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              <tr valign="top">
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 13, 2009;</font></div>
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                <td style="WIDTH: 36pt">
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        description of the Registrant&#8217;s common stock included in the registration
        statement on Form SB-2, file no. 333-66994, filed with the Commission on
        August 7, 2001, including any amendments or reports filed for the purpose
        of updating that description.</font></div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, all documents subsequently filed by the Company pursuant to Sections
  13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing of a
  post-effective amendment which indicates that all securities offered have been
  sold or which deregisters all securities then remaining unsold, shall be deemed
  to be incorporated by reference into this prospectus and to be a part hereof
  from the date of filing of such documents.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
  statement contained herein or in a document incorporated or deemed to be
  incorporated by reference herein shall be deemed to be modified or superseded
  for purposes of this prospectus to the extent that a statement contained herein
  or in any other subsequently filed document which also is or is deemed to be
  incorporated by reference herein modifies or supersedes such earlier statement.
  Any statement so modified or superseded shall not be deemed, except as so
  modified or superseded, to constitute a part of this prospectus.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Statements
  contained in this prospectus as to the contents of any contract or other
  document referred to herein do not purport to be complete, and where reference
  is made to the particular provisions of such contract or other document, such
  provisions are qualified in all respects by reference to all of the provisions
  of such contract or other document.&#160;&#160;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We will
  provide without charge to each person to whom a copy of this prospectus has been
  delivered, on written or oral request a copy of any or all of the documents
  incorporated by reference in this prospectus, other than exhibits to such
  documents. Written or oral requests for such copies should be directed to Ms.
  Yvonne Zhang, 17890 Castleton Street, Suite 112, City of Industry,
  California.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
  <font style="DISPLAY: inline; FONT-WEIGHT: bold">DISCLOSURE OF COMMISSION
  POSITION ON INDEMNIFICATION</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FOR
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
  78.7502 of the Nevada Revised Statutes permits a corporation to indemnify any
  person who was or is a party or is threatened to be made a party to any
  threatened, pending or completed action, suit or proceeding, whether civil,
  criminal, administrative or investigative, except an action by or in the right
  of the corporation, by reason of the fact that he is or was a director, officer,
  employee or agent of the corporation, or is or was serving at the request of the
  corporation as a director, officer, employee or agent of another corporation,
  partnership, joint venture, trust or other enterprise, against expenses,
  including attorneys&#8217; fees, judgments, fines and amounts paid in settlement
  actually and reasonably incurred by him in connection with the action, suit or
  proceeding if he:</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;is
  not liable pursuant to Nevada Revised Statute 78.138, or</font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;acted
  in good faith and in a manner which he reasonably believed to be in or not
  opposed to the best interests of the corporation, and, with respect to any
  criminal action or proceeding, had no reasonable cause to believe his conduct
  was unlawful.</font></div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, Section 78.7502 permits a corporation to indemnify any person who was
  or is a party or is threatened to be made a party to any threatened, pending or
  completed action or suit by or in the right of the corporation to procure a
  judgment in its favor by reason of the fact that he is or was a director,
  officer, employee or agent of the corporation, or is or was serving at the
  request of the corporation as a director, officer, employee or agent of another
  corporation, partnership, joint venture, trust or other enterprise against
  expenses, including amounts paid in settlement and attorneys&#8217; fees actually and
  reasonably incurred by him in connection with the defense or settlement of the
  action or suit if he:</font></div>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
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                <td style="WIDTH: 36pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is
        not liable pursuant to Nevada Revised Statute 78.138;
    or</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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                <td style="WIDTH: 36pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
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                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">acted
        in good faith and in a manner which he reasonably believed to be in or not
        opposed to the best interests of the
    corporation.</font></div>
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              </tr>
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To the
  extent that a director, officer, employee or agent of a corporation has been
  successful on the merits or otherwise in defense of any action, suit or
  proceeding referred to above, or in defense of any claim, issue or matter, the
  corporation is required to indemnify him against expenses, including attorneys&#8217;
  fees, actually and reasonably incurred by him in connection with the
  defense.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
  78.752 of the Nevada Revised Statutes allows a corporation to purchase and
  maintain insurance or make other financial arrangements on behalf of any person
  who is or was a director, officer, employee or agent of the corporation or is or
  was serving at the request of the corporation as a director, officer, employee
  or agent of another corporation, partnership, joint venture, trust or other
  enterprise for any liability asserted against him and liability and expenses
  incurred by him in his capacity as a director, officer, employee or agent, or
  arising out of his status as such, whether or not the corporation has the
  authority to indemnify him against such liability and expenses.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
  financial arrangements made by the corporation pursuant to Section 78.752 may
  include the following:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
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            </tr>
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      <div>
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            <tr valign="top">
              <td style="WIDTH: 36pt">
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              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
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              </td>
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        </table>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
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            <tr valign="top">
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        securing of its obligation of indemnification by granting a security
        interest or other lien on any assets of the corporation;
      and</font></div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        establishment of a letter of credit, guaranty or
    surety.</font></div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
  financial arrangement made pursuant to Section 78.752 may provide protection for
  a person adjudged by a court of competent jurisdiction, after exhaustion of all
  appeals, to be liable for intentional misconduct, fraud or a knowing violation
  of law, except with respect to the advancement of expenses or indemnification
  ordered by a court.</font></div>
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  discretionary indemnification pursuant to NRS 78.752, unless ordered by a court
  or advanced pursuant to an undertaking to repay the amount if it is determined
  by a court that the indemnified party is not entitled to be indemnified by the
  corporation, may be made by the corporation only as authorized in the specific
  case upon a determination that indemnification of the director, officer,
  employee or agent is proper in the circumstances. The determination must be
  made:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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              </td>
              <td style="WIDTH: 36pt">
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              </td>
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">by
        the stockholders;</font></div>
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            </tr>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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              <td style="WIDTH: 36pt">
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              </td>
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">by
        the board of directors by majority vote of a quorum consisting of
        directors who were not parties to the action, suit or
        proceeding;</font></div>
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            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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              </td>
              <td style="WIDTH: 36pt">
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              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">if
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        to the action, suit or proceeding so orders, by independent legal counsel
        in a written opinion, or</font></div>
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            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
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                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">if
        a quorum consisting of directors who were not parties to the action, suit
        or proceeding cannot be obtained, by independent legal counsel in a
        written opinion.</font></div>
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  bylaws also include indemnification provisions. Pursuant to the provisions of
  the State of Nevada&#8217;s Revised Business Statutes, we have adopted the following
  indemnification provisions in our bylaws for our directors and
  officers:</font></div>
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  of any acts or conduct of said officer or director performed for or on behalf of
  the corporation. The corporation shall and does hereby indemnify and hold
  harmless each person and his heirs and administrators who shall serve at any
  time hereafter as a director or officer of the corporation from and against any
  and all claims, judgments and liabilities to which such persons shall become
  subject by reason of any action alleged to have been heretofore or hereafter
  taken or omitted to have been taken by him as such director or officer, and
  shall reimburse each such person for all legal and other expenses reasonably
  incurred by him in connection with any such claim of liability; including power
  to defend such person from all suits as provided for under the provisions of the
  Nevada Corporation Laws; provided, however that no such person shall be
  indemnified against, or be reimbursed for, any expense incurred in connection
  with any claim or liability arising out of his own gross negligence or willful
  misconduct. The rights accruing to any person under the foregoing provisions of
  this section shall not exclude any other right to which he may lawfully be
  entitled, nor shall anything herein contained restrict the right of the
  corporation to indemnify or reimburse such person in any proper case, even
  though not specifically herein provided for. The corporation, its directors,
  officers, employees and agents shall be fully protected in taking any action or
  making any payment or in refusing so to do in reliance upon the advice of
  counsel.</font></div>
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  Indemnification</font>.&#160;&#160;The indemnification herein provided shall not
  be deemed exclusive of any other rights to which those seeking indemnification
  may be entitled under any bylaw, agreement, vote of shareholders or
  disinterested directors, or otherwise, both as to action in his official
  capacity and as to action in another capacity while holding such office, and
  shall continue as to a person who has ceased to be a director, officer or
  employee and shall inure to the benefit of the heirs, executors and
  administrators of such a person.</font></div>
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  indemnification provisions may be sufficiently broad to permit indemnification
  of our officers and directors for liabilities (including reimbursement of
  expenses incurred) arising under the Securities Act.</font></div>
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  INFORMATION AVAILABLE TO YOU</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
  prospectus is part of a Registration Statement on Form S-8 that we filed with
  the SEC. Certain information in the Registration Statement has been omitted from
  this prospectus in accordance with the rules of the SEC. We file annual,
  quarterly and special reports, proxy statements and other information with the
  SEC. You can inspect and copy the Registration Statement as well as reports,
  proxy statements and other information we have filed with the SEC at the public
  reference room maintained by the SEC at 100 F Street N.E. Washington, D.C.
  20549, You can obtain copies from the public reference room of the SEC at 100 F
  Street N.E. Washington, D.C. 20549, upon payment of certain fees. You can call
  the SEC at 1-800-732-0330 for further information about the public reference
  room. We are also required to file electronic versions of these documents with
  the SEC, which may be accessed through the SEC's world wide website at
  http://www.sec.gov. No dealer, salesperson or other person is authorized to give
  any information or to make any representations other than those contained in
  this prospectus, and, if given or made, such information or representations must
  not be relied upon as having been authorized by us. This prospectus does not
  constitute an offer to buy any security other than the securities offered by
  this prospectus, or an offer to sell or a solicitation of an offer to buy any
  securities by any person in any jurisdiction where such offer or solicitation is
  not authorized or is unlawful. Neither delivery of this prospectus nor any sale
  hereunder shall, under any circumstances, create any implication that there has
  been no change in the affairs of our company since the date hereof.</font></div>
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        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">21</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">75,000
  SHARES OF COMMON STOCK</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PROSPECTUS</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">April 17,
  2009</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          <div id="GLFTR" style="WIDTH: 100%" align="left">
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
  II</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Songzai International Holding Group,
  Inc. (the &#8220;Registrant&#8221;) hereby incorporates by reference into this registration
  statement the following documents previously filed with the Securities and
  Exchange Commission (the &#8220;Commission&#8221;):</font></div>
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K for the fiscal year ended December 31, 2008,
        filed by the Registrant with the Commission on March 30,
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                </td>
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 10,
      2008;</font></div>
                </td>
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          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
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                <td style="WIDTH: 36pt">
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        annual report on Form 10-K/A for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 23,
      2008;</font></div>
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        <div>
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        quarterly report on Form 10-Q for the quarter ended March 31, 2008, filed
        by the Registrant with the Commission on May 13,
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        <div>
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
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        <div>
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
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        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
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                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
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        <div>
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                <td style="WIDTH: 36pt">
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                <td>
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
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              <tr valign="top">
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
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                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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                <td style="WIDTH: 18pt">
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 5, 2009;</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 13, 2009;</font></div>
                </td>
              </tr>
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        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        current report on Form 8-K filed by the Registrant with the Commission on
        April 8, 2009; and</font></div>
                </td>
              </tr>
          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
              <tr valign="top">
                <td style="WIDTH: 36pt">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
                </td>
                <td style="WIDTH: 18pt">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Symbol, serif">&#183;</font></font></div>
                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        description of the Registrant&#8217;s common stock included in the registration
        statement on Form SB-2, file no. 333-66994, filed with the Commission on
        August 7, 2001, including any amendments or reports filed for the purpose
        of updating that description.</font></div>
                </td>
              </tr>
          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  addition, all documents subsequently filed by the Registrant pursuant to
  Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as
  amended (the &#8220;Exchange Act&#8221;), prior to the filing of a post-effective amendment
  which indicates that all securities offered have been sold or which deregisters
  all securities then remaining unsold, shall be deemed to be incorporated by
  reference into this registration statement and to be a part hereof from the date
  of filing of such documents.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We will
  provide without charge to each person to whom a copy of this prospectus has been
  delivered, on written or oral request a copy of any or all of the documents
  incorporated by reference in this prospectus, other than exhibits to such
  documents. Written or oral requests for such copies should be directed to Ms.
  Yvonne Zhang, 17890 Castleton Street, Suite 112, City of Industry,
  California.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">II-1</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  4.&#160;&#160;&#160;&#160;Description of Securities.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
  applicable.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  5.&#160;&#160;&#160;&#160;Interests of Named Experts and Counsel.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Richardson
  &amp; Patel, LLP has given an opinion upon the validity of the securities being
  registered or upon other legal matters in connection with the registration or
  offering of the common stock.&#160;No expert or counsel named in this prospectus
  as having prepared or certified any part of this prospectus or having given an
  opinion upon the validity of the securities being registered or upon other legal
  matters in connection with the registration or offering of the common stock was
  employed on a contingency basis or had, or is to receive, in connection with the
  offering, a substantial interest, directly or indirectly, in the registrant or
  any of its parents or subsidiaries.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  6.&#160;&#160;&#160;&#160;Indemnification of Directors and
  Officers.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
  78.7502 of the Nevada Revised Statutes permits a corporation to indemnify any
  person who was or is a party or is threatened to be made a party to any
  threatened, pending or completed action, suit or proceeding, whether civil,
  criminal, administrative or investigative, except an action by or in the right
  of the corporation, by reason of the fact that he is or was a director, officer,
  employee or agent of the corporation, or is or was serving at the request of the
  corporation as a director, officer, employee or agent of another corporation,
  partnership, joint venture, trust or other enterprise, against expenses,
  including attorneys&#8217; fees, judgments, fines and amounts paid in settlement
  actually and reasonably incurred by him in connection with the action, suit or
  proceeding if he:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;is
  not liable pursuant to Nevada Revised Statute 78.138, or</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;acted
  in good faith and in a manner which he reasonably believed to be in or not
  opposed to the best interests of the corporation, and, with respect to any
  criminal action or proceeding, had no reasonable cause to believe his conduct
  was unlawful.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In
  addition, Section 78.7502 permits a corporation to indemnify any person who was
  or is a party or is threatened to be made a party to any threatened, pending or
  completed action or suit by or in the right of the corporation to procure a
  judgment in its favor by reason of the fact that he is or was a director,
  officer, employee or agent of the corporation, or is or was serving at the
  request of the corporation as a director, officer, employee or agent of another
  corporation, partnership, joint venture, trust or other enterprise against
  expenses, including amounts paid in settlement and attorneys&#8217; fees actually and
  reasonably incurred by him in connection with the defense or settlement of the
  action or suit if he:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is
        not liable pursuant to Nevada Revised Statute 78.138;
    or</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">acted
        in good faith and in a manner which he reasonably believed to be in or not
        opposed to the best interests of the
    corporation.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To the
  extent that a director, officer, employee or agent of a corporation has been
  successful on the merits or otherwise in defense of any action, suit or
  proceeding referred to above, or in defense of any claim, issue or matter, the
  corporation is required to indemnify him against expenses, including attorneys&#8217;
  fees, actually and reasonably incurred by him in connection with the
  defense.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
  78.752 of the Nevada Revised Statutes allows a corporation to purchase and
  maintain insurance or make other financial arrangements on behalf of any person
  who is or was a director, officer, employee or agent of the corporation or is or
  was serving at the request of the corporation as a director, officer, employee
  or agent of another corporation, partnership, joint venture, trust or other
  enterprise for any liability asserted against him and liability and expenses
  incurred by him in his capacity as a director, officer, employee or agent, or
  arising out of his status as such, whether or not the corporation has the
  authority to indemnify him against such liability and expenses.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
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        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">II-2</font></div>
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            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
  financial arrangements made by the corporation pursuant to Section 78.752 may
  include the following:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        creation of a trust fund;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        establishment of a program of
  self-insurance;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
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              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        securing of its obligation of indemnification by granting a security
        interest or other lien on any assets of the corporation;
      and</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
        establishment of a letter of credit, guaranty or
    surety.</font></div>
              </td>
            </tr>
        </table>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
  financial arrangement made pursuant to Section 78.752 may provide protection for
  a person adjudged by a court of competent jurisdiction, after exhaustion of all
  appeals, to be liable for intentional misconduct, fraud or a knowing violation
  of law, except with respect to the advancement of expenses or indemnification
  ordered by a court.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
  discretionary indemnification pursuant to NRS 78.7502, unless ordered by a court
  or advanced pursuant to an undertaking to repay the amount if it is determined
  by a court that the indemnified party is not entitled to be indemnified by the
  corporation, may be made by the corporation only as authorized in the specific
  case upon a determination that indemnification of the director, officer,
  employee or agent is proper in the circumstances. The determination must be
  made:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">by
        the stockholders;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">by
        the board of directors by majority vote of a quorum consisting of
        directors who were not parties to the action, suit or
        proceeding;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
        </font></div>
              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">if
        a majority vote of a quorum consisting of directors who were not parties
        to the action, suit or proceeding so orders, by independent legal counsel
        in a written opinion, or</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
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              </td>
              <td style="WIDTH: 36pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)</font></div>
              </td>
              <td>
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">if
        a quorum consisting of directors who were not parties to the action, suit
        or proceeding cannot be obtained, by independent legal counsel in a
        written opinion.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Article
  XII of the Registrant&#8217;s Amended and Restated Bylaws contains the following
  provisions with respect to liability of directors and officers:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 36pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">Indemnification</font>.&#160;&#160;No
  officer or director shall be personally liable for any obligations arising out
  of any acts or conduct of said officer or director performed for or on behalf of
  the corporation. The corporation shall and does hereby indemnify and hold
  harmless each person and his heirs and administrators who shall serve at any
  time hereafter as a director or officer of the corporation from and against any
  and all claims, judgments and liabilities to which such persons shall become
  subject by reason of any action alleged to have been heretofore or hereafter
  taken or omitted to have been taken by him as such director or officer, and
  shall reimburse each such person for all legal and other expenses reasonably
  incurred by him in connection with any such claim of liability; including power
  to defend such person from all suits as provided for under the provisions of the
  Nevada Corporation Laws; provided, however that no such person shall be
  indemnified against, or be reimbursed for, any expense incurred in connection
  with any claim or liability arising out of his own gross negligence or willful
  misconduct. The rights accruing to any person under the foregoing provisions of
  this section shall not exclude any other right to which he may lawfully be
  entitled, nor shall anything herein contained restrict the right of the
  corporation to indemnify or reimburse such person in any proper case, even
  though not specifically herein provided for. The corporation, its directors,
  officers, employees and agents shall be fully protected in taking any action or
  making any payment or in refusing so to do in reliance upon the advice of
  counsel.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">II-3</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 36pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">Other
  Indemnification</font>.&#160;&#160;The indemnification herein provided shall not
  be deemed exclusive of any other rights to which those seeking indemnification
  may be entitled under any bylaw, agreement, vote of shareholders or
  disinterested directors, or otherwise, both as to action in his official
  capacity and as to action in another capacity while holding such office, and
  shall continue as to a person who has ceased to be a director, officer or
  employee and shall inure to the benefit of the heirs, executors and
  administrators of such a person.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">These
  indemnification provisions may be sufficiently broad to permit indemnification
  of the Registrant&#8217;s officers and directors for liabilities (including
  reimbursement of expenses incurred) arising under the Securities Act of 1933
  (&#8220;Securities Act&#8221;).</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  7.&#160;&#160;&#160;&#160;Exemption from Registration Claimed.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  75,000 shares of common stock to be sold by the Selling Shareholders pursuant to
  this Registration Statement are issuable upon exercise of outstanding stock
  options issued pursuant to the Company&#8217;s 2009 Stock Incentive Plan. All stock
  options issued under the 2009 Stock Incentive Plan were issued pursuant to the
  exemption from registration provided by Section 4(2) of the Securities Act of
  1933, as amended.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  8.&#160;&#160;&#160;&#160;Exhibits.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <div align="center">
          <div align="center">
            <table cellpadding="0" cellspacing="0" width="100%">
                <tr>
                  <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exhibit
        Number</font></div>
                  </td>
                  <td align="left" valign="top" width="3%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td valign="top" width="63%" style="BORDER-BOTTOM: black 2px solid">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Description</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="left" valign="top" width="12%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">5.1</font></div>
                  </td>
                  <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="63%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Opinion
        of Richardson &amp; Patel LLP</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="left" valign="top" width="12%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10.1</font></div>
                  </td>
                  <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="63%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Songzai
        International Holding Group, Inc. 2009 Stock Incentive
    Plan</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="left" valign="top" width="12%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.1</font></div>
                  </td>
                  <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="63%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Consent
        of Richardson &amp; Patel LLP (included in Exhibit 5.1)</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="left" valign="top" width="12%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">23.2</font></div>
                  </td>
                  <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="63%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Consent
        of Goldman Parks Kurland Mohidin,
  LLP</font></div>
                  </td>
                </tr>
            </table>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
  9.&#160;&#160;&#160;&#160;Undertakings.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
  undersigned registrant hereby undertakes:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;To
  file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration statement:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(i)&#160;To
  include any prospectus required by Section&#160;10(a)(3) of the Securities Act
  of 1933;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(ii)&#160;To
  reflect in the prospectus any facts or events arising after the effective date
  of the registration statement (or the most recent post-effective amendment
  thereof) which, individually or in the aggregate, represent a fundamental change
  in the information set forth in the registration statement. Notwithstanding the
  foregoing, any increase or decrease in volume of securities offered (if the
  total dollar value of securities offered would not exceed that which was
  registered) and any deviation from the low or high end of the estimated maximum
  offering range may be reflected in the form of prospectus filed with the
  Commission pursuant to Rule&#160;424(b) if, in the aggregate, the changes in
  volume and price represent no more than 20&#160;percent change in the maximum
  aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221;
  table in the effective registration statement;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(iii)&#160;To
  include any material information with respect to the plan of distribution not
  previously disclosed in the registration statement or any material change to
  such information in the registration statement;</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-STYLE: italic">Provided, however</font>, that
  paragraphs (1)(i), and (1)(ii) do not apply if the Registration Statement is on
  Form S-8 and if the information required to be included in a post-effective
  amendment by those paragraphs is contained in reports filed with or furnished to
  the Commission by the Registrant pursuant to section&#160;13 or
  section&#160;15(d) of the Securities Exchange Act of 1934 that are incorporated
  by reference in the registration statement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">II-4</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;That,
  for the purpose of determining any liability under the Securities Act of 1933,
  each such post-effective amendment shall be deemed to be a new registration
  statement relating to the securities offered therein, and the offering of such
  securities at that time shall be deemed to be the initial <font style="DISPLAY: inline; FONT-STYLE: italic">bona fide </font>offering
  thereof.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;To
  remove from registration by means of a post-effective amendment any of the
  securities being registered which remain unsold at the termination of the
  offering.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(4)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;That,
  for purposes of determining any liability under the Securities Act of 1933, each
  filing of the registrant&#8217;s annual report pursuant to Section&#160;13(a) or 15(d)
  of the Securities Exchange Act of 1934 (and, where applicable, each filing of an
  employee benefit plan&#8217;s annual report pursuant to Section&#160;15(d) of the
  Securities Exchange Act of 1934)&#160;that is incorporated by reference in the
  registration statement shall be deemed to be a new registration statement
  relating to the securities offered therein, and the offering of such securities
  at that time shall be deemed to be the initial <font style="DISPLAY: inline; FONT-STYLE: italic">bona fide </font>offering
  thereof.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Insofar
  as indemnification for liabilities arising under the Securities Act of 1933 may
  be permitted to directors, officers and controlling persons of the registrant
  pursuant to the foregoing provisions, or otherwise, the registrant has been
  advised that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Securities Act and
  is, therefore, unenforceable.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In
  the event that a claim for indemnification against such liabilities (other than
  the payment by the registrant of expenses incurred or paid by a director,
  officer or controlling person of the registrant in the successful defense of any
  action, suit or proceeding) is asserted by such director, officer or controlling
  person in connection with the securities being registered, the registrant will,
  unless in the opinion of its counsel the matter has been settled by controlling
  precedent, submit to a court of appropriate jurisdiction the question whether
  such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">II-5</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Pursuant
  to the requirements of the Securities Act of 1933, the Registrant certifies that
  it has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in City of
  Industry, California, on April 17, 2009.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <div align="left">
          <div align="left">
            <table cellpadding="0" cellspacing="0" width="100%">
                <tr>
                  <td align="left" valign="top" width="41%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" colspan="2" valign="top" width="37%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">SONGZAI
        INTERNATIONAL HOLDING GROUP, INC.</font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Registrant)</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="41%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="3%" style="PADDING-BOTTOM: 2px">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:&#160;&#160;</font></div>
                  </td>
                  <td align="left" valign="top" width="34%" style="BORDER-BOTTOM: black 2px solid">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/
        <font style="DISPLAY: inline; FONT-SIZE: 10pt">Hongwen
        Li</font></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="41%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="34%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Hongwen
        Li</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="41%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
                  <td align="left" valign="top" width="34%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
        Executive Officer</font></div>
                    <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                  </td>
                </tr>
            </table>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">POWER
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metadata_filer: {"company-data": {"conformed-name": "SONGZAI INTERNATIONAL HOLDING GROUP INC", "cik": "0001145761", "assigned-sic": "1220", "irs-number": "431932733", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-158622", "film-number": "09756445"}, "business-address": {"street1": "17890 CASTLETON ST., SUITE 112", "city": "CITY OF INDUSTRY", "state": "CA", "zip": "91748", "phone": "(909) 468-2840"}, "mail-address": {"street1": "17890 CASTLETON ST., SUITE 112", "city": "CITY OF INDUSTRY", "state": "CA", "zip": "91748"}, "former-company": [{"former-conformed-name": "HERITAGE COMPANIES INC", "date-changed": "20020612"}, {"former-conformed-name": "NATIONAL HEADHUNTERS INC", "date-changed": "20010726"}]}
text: f41392s8.htm
  As
  filed with the Securities and Exchange Commission on April 17, 2009
  Registration
  No. 333-________
  UNITED
  STATES
  SECURITIES
  AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM
  S-8
  REGISTRATION
  STATEMENT UNDER THE SECURITIES ACT OF 1933
  SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.
  (Exact
  name of registrant as specified in its charter)
  Nevada
  43-1932733
  (State
        or other jurisdiction of
  incorporation
        or organization)
  (IRS
        Employer Identification No.)
  17890
        Castleton Street, Suite 112
  City
        of Industry, California
  (Address
        of Principal Executive Offices, including Zip Code)
  Songzai
        International Holding Group, Inc.
  2009
        Stock Incentive Plan
  (full
        title of the plan)
  Yvonne
        Zhang
  17890
        Castleton Street, Suite 112
  City
        of Industry, California
  (Name
        and address of agent for service)
  (626)
        581-8878
  (Telephone
        number, including area code, of agent for
    service)
  With a
  copy to:
  Kevin
  K. Leung, Esq.
  Francis
  Chen, Esq.
  RICHARDSON
  & PATEL LLP
  10900
  Wilshire Boulevard, Suite 500
  Los
  Angeles, California 90024
  (310)
  208-1182
  Indicate
  by check mark whether the registrant is a large accelerated filer, an
  accelerated filer, a non-accelerated filer, or a smaller reporting company. See
  the definitions of "large accelerated filer," "accelerated filer" and "smaller
  reporting company" in Rule 12b-2 of the Exchange Act.
  Large
        Accelerated filer
  o
  Accelerated
        Filer
  o
  Non-Accelerated
        Filer
  o
  Smaller
        Reporting Company
  x
  CALCULATION
  OF REGISTRATION FEE
  Title of each class of
        securities
  to
        be registered
  Amount to be
  Registered
  (1)
  Proposed
  Maximum
  Offering Price
  Per Share
  (2)
  Proposed
  Maximum
  Aggregate
  Offering Price
  (2)
  Amount
        of
  Registration
  Fee
  Common
        Stock, $.001 par value
  75,000
  (3)
  $4.68
  $351,000
  $19.59
  Common
        Stock, $.001 par value
  4,925,000
  (4)
  $4.68
  $23,049,000
  $1,286.14
  Total
  5,000,000
  $23,400,000
  $1,305.73
  (1)
  Pursuant
        to Rule 416 of the Securities Act, this registration statement shall also
        cover any additional shares of common stock that shall become
        issuable by reason of any stock dividend, stock split, recapitalization,
        or other similar transaction by the Registrant.
  (2)
  Estimated
        solely for purposes of calculating the registration fee in accordance with
        Rule 457(c) of the Securities Act of 1933, as amended, using the average
        of the bid and asked price as reported on the Over-the-Counter Bulletin
        Board on April 16, 2009.
  (3)
  Represents
        shares of common stock reserved for issuance and granted under the Songzai
        International Holding Group, Inc. 2009 Stock Incentive
      Plan.
  (4)
  Represents
        shares of common stock reserved for issuance and available for grant under
        the Songzai International Holding Group, Inc. 2009 Stock Incentive
        Plan.
  EXPLANATORY
  NOTE
  This
  Registration Statement relates to two separate prospectuses.
  Section 10(a)
  Prospectus
  : Items 1 and 2 from Part I of this Registration Statement, and
  the documents incorporated by reference pursuant to Part II, Item 3 of this
  prospectus, constitute a prospectus that meets the requirements of Section 10(a)
  of the
  Securities Act of
  1933
  , as amended (the "Securities Act").
  Reoffer Prospectus
  :
  The material that follows Item 2, beginning on Page 1 through 21, up to but
  not including Part II of this Registration Statement, beginning on Page II-1,
  constitutes a "reoffer prospectus," prepared in accordance with the requirements
  of Part I of Form S-3 under the Securities Act. Pursuant to Instruction C of
  Form S-8, the reoffer prospectus may be used for reoffers or resales of common
  shares which are deemed to be "control securities" or "restricted securities"
  under the Securities Act that have been acquired by the selling shareholders
  named in the reoffer prospectus.
  PART
  I
  INFORMATION
  REQUIRED IN THE SECTION 10(a) PROSPECTUS
  Item
  1.    Plan Information
  The
  documents containing the information specified in Item 1 will be sent or given
  to participants in the Songzai International Holding Group, Inc. 2009 Stock
  Incentive Plan as specified by Rule 428(b)(1) of the Securities Act of 1933, as
  amended (the "Securities Act"). Such documents are not required to be and are
  not filed with the Securities and Exchange Commission (the "SEC") either as part
  of this Registration Statement or as prospectuses or prospectus supplements
  pursuant to Rule 424. These documents and the documents incorporated by
  reference in this Registration Statement pursuant to Item 3 of Part II of this
  Form S-8, taken together, constitute a prospectus that meets the requirements of
  Section 10(a) of the Securities Act.
  Item
  2.    Registrant Information and Employee Plan Annual
  Information
  Upon
  written or oral request, any of the documents incorporated by reference in Item
  3 of Part II of this Registration Statement (which documents are incorporated by
  reference in this Section 10(a) Prospectus), other documents required to be
  delivered to eligible employees, non-employee directors and consultants,
  pursuant to Rule 428(b) are available without charge by contacting:
  Ms.
  Yvonne Zhang
  17890
  Castleton Street, Suite 112
  City
  of Industry, California
  (626)
  581-8878
  *
  Information required by Part I to be
  contained in Section 10(a) prospectus is omitted from the Registration Statement
  in accordance with Rule 428 under the Securities Act of 1933, and Note to Part I
  of Form S-8.
  REOFFER
  PROSPECTUS
  Songzai
  International Holding Group, Inc.
  75,000
  Shares of
  Common
  Stock
  This
  reoffer prospectus relates to the sale of up to 75,000 shares of our common
  stock, $.001 par value per share, which may be offered and resold from time to
  time by the selling shareholders identified in this reoffer prospectus for their
  own account issuable pursuant to our 2009 Stock Incentive Plan. It is
  anticipated that the selling shareholders will offer common shares for sale at
  prevailing prices on the OTC Bulletin Board on the date of sale.
  We will
  receive no part of the proceeds from sales made under this reoffer prospectus.
  The selling shareholders will bear all sales commissions and similar expenses.
  Any other expenses incurred by us in connection with the registration and
  offering and not borne by the selling shareholders will be borne by
  us.
  The
  prices at which the selling shareholders may sell the shares of common stock
  that are part of this offering will be determined by the prevailing market price
  for the shares at the time the shares are sold, or at such a price negotiated
  price or prices determined, from time to time, by the selling shareholders. See
  "Plan of Distribution."  The selling shareholders may be deemed
  "underwriters" within the meaning of the Securities Act of 1933, as amended, in
  connection with the sale of their common stock under this reoffer
  prospectus.
  Our
  common stock is quoted on the OTC Bulletin Board under the symbol SGHZ. The
  closing sale price for our common stock on April 16, 2009 was $5.80 per
  share.
  Investing
  in our common stock involves risks. See "Risk Factors" on page 2 of this
  reoffer prospectus. These are speculative securities. Prospective investors
  should read this prospectus and any amendment or supplement hereto together with
  additional information described under the heading "Additional Information
  Available to You."
  Since our
  company does not currently meet the registrant requirements for use of Form S-3,
  the amount of common shares which may be resold by means of this reoffer
  prospectus by each of the selling shareholders, and any other person with whom
  he or she is acting in concert for the purpose of selling securities of our
  company, must not exceed, in any three month period, the amount specified in
  Rule 144(e) promulgated under the Securities Act.
  NEITHER
  THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS
  APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS
  TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
  OFFENSE.
  The date
  of this prospectus is April 17, 2009.
  SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.
  TABLE
  OF CONTENTS
  Page
  Prospectus
        Summary
  1
  Risk
        Factors
  2
  Cautionary
        Note Regarding Forward-Looking Statements
  12
  Determination
        of Offering Price
  12
  Use
        of Proceeds
  12
  Selling
        Shareholders
  12
  Plan
        of Distribution
  14
  Legal
        Matters
  16
  Experts
  16
  Incorporation
        of Certain Documents by Reference
  17
  Disclosure
        of Commission Position on Indemnification For Securities Act
        Liabilities
  18
  Additional
        Information Available to You
  21
  NO
  PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
  REPRESENTATIONS, OTHER THAN THOSE CONTAINED IN THIS PROSPECTUS, IN CONNECTION
  WITH THE OFFERING MADE HEREBY, AND, IF GIVEN OR MADE, SUCH INFORMATION OR
  REPRESENTATION MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY THE COMPANY
  OR ANY OTHER PERSON. NEITHER THE DELIVERY OF THIS PROSPECTUS NOR ANY SALE MADE
  HEREUNDER SHALL UNDER ANY CIRCUMSTANCES CREATE ANY IMPLICATION THAT THERE HAS
  BEEN NO CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THE DATE HEREOF. THIS
  PROSPECTUS DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
  BUY ANY SECURITIES OFFERED HEREBY BY ANYONE IN ANY JURISDICTION IN WHICH SUCH
  OFFER OR SOLICITATION IS NOT AUTHORIZED OR IN WHICH THE PERSON MAKING SUCH OFFER
  OR SOLICITATION IS NOT QUALIFIED TO DO SO OR TO ANY PERSON TO WHOM IT IS
  UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION.
  PROSPECTUS
  SUMMARY
  As
  used herein, the terms "prospectus" and "herein" mean this prospectus including
  the documents incorporated or deemed to be incorporated herein by reference, as
  the same may be amended, supplemented or otherwise modified from time to time.
  This summary highlights information contained elsewhere in this prospectus. It
  does not contain all of the information that you should consider before
  investing in our common stock. You should read the entire prospectus carefully,
  including the section entitled "Risk Factors" and our consolidated financial
  statements and the related notes. In this prospectus, we refer to Songzai
  International Holding Group, Inc., a Nevada corporation ("Songzai"), and our
  subsidiaries, Heilongjiang Tong Gong Kuang Ye You Xian Gong Si, a company
  organized under the laws of the People's Republic of China ("Tong Gong"),
  Heilongjiang Xing An Group Hong Yuan Coal Mine Co., Ltd., a company organized
  under the laws of the People's Republic of China ("Hong Yuan"), and Heilongjiang
  Xing An Group Sheng Yu Mining Co., Ltd. a company organized under the laws of
  the People's Republic of China ("Sheng Yu", and with Hong Yuan sometimes
  collectively the "Xing An Companies"), as "we," "us" and "our."
  OVERVIEW
  Songzai
  was originally incorporated on June 7, 2001 in the State of Nevada under its
  former name "Heritage Companies, Inc." Through our subsidiaries, Tong Gong, Hong
  Yuan and Sheng Yu, we are engaged in coal production by exploring, assembling,
  assessing, permitting and developing coal properties in the People's Republic of
  China (the "PRC"). Tong Gong was incorporated under the laws of the PRC on
  December 21, 1994. Hong Yuan was incorporated under the laws of the PRC on
  August 18, 2003. Sheng Yu was incorporated under the laws of the PRC on July 23,
  2003. Through these subsidiaries, we operate three coal mines in the
  northeastern Chinese province of Heilongjiang.
  Our
  principal executive offices are located at 17890 Castleton Street, Suite 112,
  City of Industry, California 91748, and our telephone number is (626)
  581-8878.
  The
  Offering
  Common
        stock outstanding before the offering
  14,932,582
        shares
  Common
        stock issuable upon exercise of outstanding options which may be offered
        pursuant to this prospectus
  75,000
        shares
  Common
        stock to be outstanding after the offering
  15,007,582
        shares
  Use
        of proceeds
  We
        will receive the exercise price from the sale of shares to the selling
        shareholders when, and if, such selling shareholders exercise their stock
        options. Any proceeds received by us from the exercise of such stock
        options will be used for general working capital
    purposes.
  OTC
        Bulletin Board Symbol
  SGZH.OB
  Risk
        Factors
  The
        purchase of common stock involves a high degree of risk. You should
        carefully review and consider "Risk Factors" beginning on page
        2.
  1
  RISK
  FACTORS
  You
  should carefully consider the risks described below together with all of the
  other information included in this report before making an investment decision
  with regard to our securities. The statements contained in or incorporated into
  this offering that are not historic facts are forward-looking statements that
  are subject to risks and uncertainties that could cause actual results to differ
  materially from those set forth in or implied by forward-looking statements. If
  any of the following risks actually occurs, our business, financial condition or
  results of operations could be harmed. In that case, the trading price of our
  common stock could decline, and you may lose all or part of your
  investment.
  RISKS
  RELATED TO OUR BUSINESS
  Our
  business and results of operations are dependent on coal markets, which may be
  cyclical.
  As all of
  our revenue is derived from sales of coal in the PRC, our business and operating
  results are substantially dependent on the domestic Chinese demand for coal. The
  Chinese coal market is cyclical and exhibit fluctuation in supply and demand
  from year to year. They are subject to numerous factors beyond our control,
  including, but not limited to, the economic conditions in the PRC and
  fluctuations in industries with high demand for coal, such as the power and
  steel industries. Fluctuations in supply and demand for coal have effects on
  coal prices, which in turn affect our operating and financial performance. We
  have experienced substantial price fluctuations in the past and believe that
  such fluctuations will continue. The average selling price of coal products per
  tonne from Tong Gong Coal Mine was RMB 170 per tonne in 2005, RMB 174 per tonne
  in 2006, RMB 192 per tonne in 2007 and RMB 231 per tonne in 2008. The average
  selling price of coal products per tonne from Hong Yuan and Sheng Yu coal mines
  was RMB 200 per tonne in 2005, RMB 200 per tonne in 2006, RMB 225 per tonne in
  2007 and RMB 238 per tonne in 2008. The demand for coal is primarily affected by
  the overall economic development and the demand for coal from the electricity
  generation, steel and construction industries. The supply of coal, on the other
  hand, is primarily affected by the geographical location of the coal supplies,
  the volume of coal produced by the domestic and international coal suppliers,
  and the quality and price of competing sources of coal. Alternative fuels, such
  as natural gas, oil and nuclear power, and alternative energy sources, such as
  hydroelectric power also have influences on the market demand for coal. Excess
  supply of coal or significant reduction in the demand for our coal by domestic
  electricity generation or steel industries may have an adverse effect on coal
  prices, which would in turn cause a decline in our profitability. In addition,
  any significant decline in domestic coal prices could materially and adversely
  affect our business and result of operations.
  Our
  mining operations are inherently subject to changing conditions that can affect
  our profitability.
  Our
  mining operations are inherently subject to changing conditions that can affect
  levels of production and production costs for varying lengths of time and can
  result in decreases in our profitability. We are exposed to commodity price risk
  related to our purchase of diesel fuel, explosives and steel.  In
  addition, weather conditions, equipment replacement or repair, fires, variations
  in thickness of the layer, or seam, of coal, amounts of overburden, rock and
  other natural materials and other geological conditions can be expected in the
  future to have, a significant impact on our operating
  results.  Prolonged disruption of production at our mine would result
  in a decrease in our revenues and profitability, which could be
  material.  Other factors affecting the production and sale of our coal
  that could result in decreases in our profitability include:
  ·
  sustained
        high pricing environment for our raw materials, including, among other
        things, diesel fuel, explosives and
  steel;
  ·
  changes
        in the laws and/or regulations that we are subject to, including
        permitting requirements;
  ·
  labor
        shortages; and
  ·
  changes
        in coal market and general economic
  conditions.
  2
  Our
  coal operations are extensively regulated by the PRC Government and government
  regulations may limit our activities and adversely affect our business
  operations.
  Our coal
  operations, like those of other Chinese energy companies, are subject to
  extensive regulations established by the PRC Government. Central governmental
  authorities, such as the National Development and Reform Commission, the State
  Environmental Protection Administration, the Ministry of Land and Resources, the
  State Administration of coal mine Safety, the State Bureau of Taxation, and
  provincial and local authorities and agencies exercise extensive control over
  various aspects of China's coal mining and transportation (including rail and
  sea transport). These controls affect the following material aspects of our
  operations:
  ·
  exploration,
        exploitation and mining rights and
  licensing;
  ·
  rehabilitation
        of mining sites after mining is
  completed;
  ·
  recovery
        rate requirements;
  ·
  industry-specific
        taxes and fees;
  ·
  target
        of our capital investments;
  ·
  pension
        funds appropriation; and
  ·
  environmental
        and safety standards.
  We
  believe that our operations are in compliance with applicable legal and
  regulatory requirements. However, there can be no assurance that the central or
  local governments in the PRC will not impose new, stricter regulations or
  interpretations of existing regulations that would require additional
  expenditures. We may face significant constraints on our ability to implement
  our business strategies or to carry out or expand our business operations. Our
  business may also be materially and adversely affected by future changes in
  certain regulations and policies of the Chinese Government in respect of the
  coal industry. New legislation or regulations may be adopted that may materially
  and adversely affect our coal operations, our cost structure or the demand for
  our products. In addition, new legislation or regulations or different or more
  stringent interpretation of existing laws and regulations may also require us to
  substantially change our existing operations or incur significant
  costs.
  The
  Chinese government has become increasingly concerned with workplace safety and
  environmental issues, particularly in light of several recent accidental
  explosions in coal mines due to poor internal safety measures, and as reflected
  by the implementation of the State Council's Regulation on Shutting Down Small
  Coal Mines. Moreover, additional new legislation or regulations may be
  adopted, or the enforcement of existing laws could become more stringent, either
  of which may have a significant impact on our mining operations or our
  customers' ability to use coal and may require us or our customers to
  significantly change operations or to incur substantial
  costs.
  Our
  business operations may be adversely affected by present or future environmental
  regulations.
  As a
  producer of coal products, we are subject to significant, extensive, and
  increasingly stringent environmental protection laws and regulations in China.
  These laws and regulations:
  ·
  impose
        fees for the discharge of waste
  substances;
  ·
  require
        the establishment of reserves for reclamation and
        rehabilitation;
  ·
  require
        the payment of fines for serious environmental offences;
      and
  ·
  allow
        the Chinese Government, at its discretion, to close any facility that
        fails to comply with orders requiring it to correct or stop operations
        causing environmental damage.
  3
  Our coal
  mining operations may produce waste water, gas and solid waste materials.
  Currently, the PRC Government is moving toward more rigorous enforcement of
  applicable laws and regulations as well as the adoption and enforcement of more
  stringent environmental standards. Our current amounts of capital expenditure
  for environmental regulatory compliance may not be sufficient if additional
  regulations are imposed and we may need to allocate additional funds for such
  purpose. If we fail to comply with current or future environmental laws and
  regulations, we may be required to pay penalties or fines or take corrective
  actions, any of which may have a material adverse effect on our business
  operations and financial condition.
  In
  addition, China is a signatory to the 1992 United Nations Framework Convention
  on Climate Change and the 1997 Kyoto Protocol, which are intended to limit
  emissions of greenhouse gases. Efforts to control greenhouse gas emission in
  China could result in reduced use of coal if power generators switch to sources
  of fuel with lower carbon dioxide emissions, which in turn could reduce the
  revenues of our coal business and have a material adverse effect on our results
  of operations.
  Demand for coal and coal prices are
  closely linked to consumption patterns of the electric industry in
  China
  .  Any changes in
  consumption patterns could affect our operations and
  profitability.
  Demand
  for coal and the prices that we will be able to obtain for our coal are closely
  linked to coal consumption patterns of the electric generation industry in
  China, which has accounted for approximately 58% of overall coal consumption in
  China in recent years.  These coal consumption patterns are influenced
  by factors beyond our control, including the demand for electricity (which is
  dependent to a significant extent on summer and winter temperatures and the
  strength of the economy); government regulation; technological developments and
  the location, availability, quality and price of competing sources of coal;
  other fuels such as natural gas, oil and nuclear; and alternative energy sources
  such as hydroelectric power. Any reduction in the demand for our coal by the
  domestic electric generation industry may cause a decline in
  profitability.
  If
  transportation for our coal becomes unavailable or uneconomic for our customers,
  our ability to sell coal could suffer.
  Transportation
  costs represent a significant portion of the total cost of coal and, as a
  result, the cost of transportation is a critical factor in a customer's
  purchasing decision.  Increases in transportation costs could make
  coal a less competitive source of energy or could make some of our operations
  less competitive than other sources of coal.
  Our
  future success depends upon our ability to continue acquiring and developing
  coal mining rights that are economically feasible.
  The
  amount of coal underlying our mining rights declines as we produce
  coal.  We may not be able to mine all of the coal underlying our
  mining rights as profitably as we do at our current operations.  Our
  profitability depends substantially on our ability to mine coal that has the
  geological characteristics that enable it to be mined at competitive
  costs.  As we can only increase our existing production capacity by a
  limited amount, the future increase in our coal production will depend on
  expanding our existing mining rights or acquisitions of new mining
  rights.
  New
  mining rights may not be available when required or, if available, the
  underlying coal may not be capable of being mined at costs comparable to those
  characteristics of our existing mining rights.  We may in the future
  acquire mining rights from third parties.  We may not be able to
  accurately assess the geological characteristics to any mining rights that we
  acquire, which may adversely affect our profitability and financial
  condition.
  In
  addition to the Tong Gong coal mine which we began mining in 2004, we recently
  acquired the Xing An Companies which mine the Hong Yuan and Sheng Yu mines.
  Exhaustion of the mining rights underlying these mines, as well mining rights
  that we may acquire in the future, can also have an adverse effect on operating
  results that is disproportionate to the percentage of overall production
  represented by such mining rights.
  We cannot
  give any assurance that we will be able to continue identifying suitable targets
  in the PRC for acquisition or acquire suitable targets on competitive terms. Nor
  can we assure you that we will be able to successfully develop new coal mines or
  expand our existing ones in accordance with our development plans or at all. Our
  failure to timely or successfully acquire suitable targets on competitive terms,
  or to successfully complete the development of new coal mines or to expand our
  existing mining rights could have an adverse effect on the results of operation
  and our financial condition.
  4
  The
  acquisition of mining rights and the development of new mines in the PRC require
  approval of the Chinese Government. Delay or failure in securing the relevant
  governmental approvals or permits as well as any adverse change in government
  policies may cause a significant adjustment to our development and acquisition
  plans, which may materially adversely affect our profitability and growth
  prospects.
  Risks inherent to mining could
  increase the cost of operating our business.
  Our
  mining operations are subject to conditions beyond our control that can delay
  coal deliveries or increase the cost of mining at particular mines for varying
  lengths of time.  These conditions include weather and natural
  disasters, unexpected maintenance problems, key equipment failures, variations
  in coal seam thickness, variations in the amount of rock and soil overlying the
  coal deposit, variations in rock and other natural materials and variations in
  geologic conditions.
  As with
  all underground coal mining companies, our operations are affected by mining
  conditions such as a deterioration in the quality or thickness of faults and/or
  coal seams, pressure in mine openings, presence of gas and/or water inflow and
  propensity to spontaneous combustion, as well as operational risks associated
  with industrial or engineering activity, such as mechanical breakdowns. Although
  we have conducted geological investigations to evaluate such mining conditions
  and adapt our mining plans to address them, there can be no assurance that the
  occurrence of any adverse mining conditions would not result in an increase in
  our costs of production, a reduction of our coal output or the temporary
  suspension of our operations.
  Underground
  mining is also subject to certain risks such as methane outbursts and accidents
  caused by roof weakness and ground-falls. There can be no assurance that the
  occurrence of such events or conditions would not have a material adverse impact
  on our business and results of operations.
  Our
  product delivery relies on the Chinese railway transportation
  system.
  All of
  our 2008 net sales were derived from sales of coal transported by the
  Chinese national railway system. As the railway system has limited
  transportation capacity and cannot fully satisfy coal transportation
  requirements, discrepancies between capacity and demand for transportation exist
  in certain areas of the PRC. We generally utilize the national rail system to
  transport coal to our customers. No assurance can be given that we will continue
  to be allocated adequate railway transport capacity or acquire adequate rail
  cars, or that we will not experience any material delay in transporting our coal
  as a result of insufficient railway transport capacity or rail
  cars.
  Some of
  our mines depend on a single transportation carrier or a single mode of
  transportation. Disruption of any of these transportation services due to
  weather-related problems, flooding, drought, accidents, mechanical difficulties,
  strikes, lockouts, bottlenecks, and other events could temporarily impair our
  ability to supply coal to our customers. Our transportation providers may face
  difficulties in the future that may impair our ability to supply coal to our
  customers, resulting in decreased revenues.
  We
  may suffer losses resulting from industry-related accidents and lack of
  insurance.
  We
  operate coal mines and related facilities that may be affected by water, gas,
  fire or structural problems. As a result, we, like other coal mining companies,
  have experienced accidents that have caused property damage and personal
  injuries. Although we have implemented safety measures at our mining operations,
  and provide on-the-job training for our employees, and, in accordance with
  relevant laws set aside approximately 2.0% of employees' total remuneration for
  employees' injury insurance, there can be no assurance that industry-related
  accidents will not occur in the future. At Tong Gong mine, where the miners are
  employees of the Company, we purchase work-related death and injury insurance at
  the cost of RMB 900 in annual insurance premium per worker. Under this insurance
  policy, the insurance company will pay up to RMB 100,000 (approximately $13,680)
  for each work-related death or injury. Mine workers at Hong Yuan and Sheng Yu
  coal mines are sub-contracted from general contractors who borne the costs of
  such insurance.
  5
  However,
  we do not currently maintain fire, or other property insurance covering our
  properties, equipment or inventories, other than with respect to vehicles. In
  addition, we do not maintain any business interruption insurance or any third
  party liability insurance to cover claims in respect of personal injury,
  property or environmental damage arising from accidents on our properties, other
  than third party liability insurance with respect to vehicles. Any uninsured
  losses and liabilities incurred by us could have a material adverse effect on
  our financial condition and results of operations.
  We
  may be required to allocate additional funds for land subsidence.
  A
  consequence of the underground mining methods used at our mines is land
  subsidence above underground mining sites. Depending on the circumstances, we
  may be required to relocate inhabitants from the land above the underground
  mining sites prior to mining those sites or we may be required to compensate the
  inhabitants for losses or damages from land subsidence after the underground
  sites have been mined. We may also be required to make payments for land
  subsidence, restoration, rehabilitation or environmental protection of the land
  after the underground sites have been mined. Where such payment is required
  under applicable law or regulations, an estimate of such costs is recognized in
  the period in which the obligation is identified and is charged as an expense in
  our income statement in proportion to the coal extracted. The estimate of costs
  for land subsidence, restoration, rehabilitation or environmental protection of
  the land may be subject to change in the future as actual costs become apparent
  and standards established by the PRC Government change from time to time.
  Therefore, there can be no assurance that such estimates are accurate or that
  our land subsidence, restoration, rehabilitation and environmental protection
  costs will not substantially increase in the future or that the PRC Government
  will not impose new fees in respect of land subsidence. Any such substantial
  increases or new fees could have a material adverse effect on our results of
  operations.
  If
  we are unable to expand our operations through acquisitions of other business or
  assets, our profitability may be negatively affected.
  We are
  seeking to expand our operations both in the regions in which we operate as well
  as in other parts of China through acquisitions of businesses and
  assets.  Acquisition transactions involve inherent risks, such
  as:
  ·
  uncertainties
        in assessing the value, strengths, weaknesses, contingent and other
        liabilities and potential profitability of acquisition or other
        transaction candidates;
  ·
  the
        potential loss of key personnel of an acquired
    business;
  ·
  the
        ability to achieve identified operating and financial synergies
        anticipated to result from an acquisition or other
        transaction;
  ·
  problems
        that could arise from the integration of the acquired
        business;
  ·
  unanticipated
        changes in business, industry or general economic conditions that affect
        the assumptions underlying the acquisition or other transaction rationale;
        and
  ·
  unexpected
        development costs that adversely affect our
    profitability.
  In
  addition, we may not be able to successfully negotiate new mining rights or
  maintain our leasehold interests in properties on which mining operations are
  not commenced during the term of the lease.
  Our ability to operate our company
  effectively could be impaired if we lose key personnel or fail to attract
  qualified personnel.
  We manage
  our business with a number of key personnel, the loss of a number of who could
  have a material adverse effect on us.  In addition, as our business
  develops and expands, we believe that our future success will depend greatly on
  our continued ability to attract and retain highly skilled and qualified
  personnel.  We cannot assure you that key personnel will continue to
  be employed by us or that we will be able to attract and retain qualified
  personnel in the future.  We do not have "key person" life insurance
  to cover our executive officers.  Failure to retain or attract key
  personnel could have a material adverse effect on us.
  6
  A
  prolonged downturn in global economic conditions may materially adversely affect
  our business.
  Our business and results of operations
  are affected by international, national and regional economic conditions.
  Financial markets in the United States, Europe and Asia have been experiencing
  extreme disruption in recent months, including, among other things, extreme
  volatility in security prices, severely diminished liquidity and credit
  availability, ratings downgrades of certain investments and declining values of
  others. The global economy has entered a recession. We are unable to predict the
  likely duration and severity of the current disruptions in financial markets,
  credit availability, and adverse economic conditions throughout the world. These
  economic developments affect businesses such as ours and those of our customers
  in a number of ways that could result in unfavorable consequences to us. Current
  economic conditions or a deepening economic downturn in the PRC and elsewhere
  may cause our current or potential customers to delay or reduce purchases which
  could, in turn, result in reductions in our sales volumes or prices, materially
  and adversely affecting our results of operations and cash flows. Volatility and
  disruption of global financial markets could limit our customers' ability to
  obtain adequate financing to maintain operations and proceed with planned or new
  capital spending initiatives, leading to a reduction in sales volume that could
  materially and adversely affect our results of operations and cash flow. In
  addition, a decline in our customers' ability to pay as a result of the economic
  downturn may lead to increased difficulties in the collection of our accounts
  receivable, higher levels of reserves for doubtful accounts and write-offs of
  accounts receivable, and higher operating costs as a percentage of
  revenues.
  7
  RISKS
  RELATED TO DOING BUSINESS IN CHINA
  Our
  operations are primarily located in China and may be adversely affected by
  changes in the policies of the Chinese government.
  The
  political environment in the PRC may adversely affect the Company's business
  operations.  The PRC has operated as a socialist state since 1949 and
  is controlled by the Communist Party of China.  In recent years,
  however, the government has introduced reforms aimed at creating a "socialist
  market economy" and policies have been implemented to allow business enterprises
  greater autonomy in their operations.  Changes in the political
  leadership of the PRC may have a significant effect on laws and policies related
  to the current economic reforms program, other policies affecting business and
  the general political, economic and social environment in the PRC, including the
  introduction of measures to control inflation, changes in the rate or method of
  taxation, the imposition of additional restrictions on currency conversion and
  remittances abroad, and foreign investment.  These effects could
  substantially impair the Company's business, profits or prospects in
  China.  Moreover, economic reforms and growth in the PRC have been
  more successful in certain provinces than in others, and the continuation or
  increases of such disparities could affect the political or social stability of
  the PRC.
  The
  Chinese government exerts substantial influence over the manner in
  which companies in China must conduct their business
  activities.
  The PRC
  only recently has permitted greater provincial and local economic autonomy and
  private economic activities.  The government of the PRC has exercised
  and continues to exercise substantial control over virtually every sector of the
  Chinese economy through regulation and state ownership.  Accordingly,
  government actions in the future, including any decision not to continue to
  support recent economic reforms and to return to a more centrally planned
  economy or regional or local variations in the implementation of economic
  policies, could have a significant effect on economic conditions in the PRC or
  particular regions thereof, and could require the Company to divest the
  interests it then holds in Chinese properties or joint ventures.  Any
  such developments could have a material adverse effect on the business,
  operations, financial condition and prospects of the Company.
  Future
  inflation in China may inhibit economic activity and adversely affect the
  Company's operations.
  In recent
  years, the Chinese economy has experienced periods of rapid expansion and within
  which some years with high rates of inflation and deflation, which have led to
  the adoption by the PRC government, from time to time, of various corrective
  measures designed to restrict the availability of credit or regulate growth and
  contain inflation.  While inflation has moderated since 1995, high
  inflation may in the future cause the PRC government to impose controls on
  credit and/or prices, or to take other action, which could inhibit economic
  activity in China, and thereby adversely affect the Company's business
  operations and prospects in the PRC.
  We
  may be restricted from freely converting the Renminbi to other currencies in a
  timely manner.
  The
  Renminbi is not a freely convertible currency at present.  The Company
  receives all of its revenue in Renminbi, which may need to be converted to other
  currencies, primarily U.S. dollars, and remitted outside of the
  PRC.  Effective July 1, 1996, foreign currency "current account"
  transactions by foreign investment enterprises, including Sino-foreign joint
  ventures, are no longer subject to the approval of State Administration of
  Foreign Exchange ("SAFE," formerly, "State Administration of Exchange Control"),
  but need only a ministerial review, according to the Administration of the
  Settlement, Sale and Payment of Foreign Exchange Provisions promulgated in 1996
  (the "FX regulations"). "Current account" items include international
  commercial transactions, which occur on a regular basis, such as those relating
  to trade and provision of services.  Distributions to joint venture
  parties also are considered a "current account transaction."  Other
  non-current account items, known as "capital account" items, remain subject to
  SAFE approval.  Under current regulations, the Company can obtain
  foreign currency in exchange for Renminbi from swap centers authorized by the
  government.  The Company does not anticipate problems in obtaining
  foreign currency to satisfy its requirements; however, there is no assurance
  that foreign currency shortages or changes in currency exchange laws and
  regulations by the Chinese government will not restrict the Company from freely
  converting Renminbi in a timely manner.  If such shortages or change
  in laws and regulations occur, the Company may accept Renminbi, which can be
  held or re-invested in other projects.
  Future
  fluctuation in the value of the Renminbi may negatively affect the Company's
  ability to convert its return on operations to U.S. dollars in a profitable
  manner and its sales globally.
  Until
  1994, the Renminbi experienced a gradual but significant devaluation against
  most major currencies, including U.S. dollars, and there was a significant
  devaluation of the Renminbi on January 1, 1994 in connection with the
  replacement of the dual exchange rate system with a unified managed floating
  rate foreign exchange system. Since 1994, the value of the Renminbi
  relative to the U.S. Dollar has appreciated approximately 15%. Countries,
  including the U.S., have argued that the Renminbi is artificially undervalued
  due to China's current monetary policies and have pressured China to allow the
  Renminbi to float freely in world markets.
  8
  We
  may be unable to enforce our rights due to policies regarding the regulation of
  foreign investments in China.
  The PRC's
  legal system is a civil law system based on written statutes in which decided
  legal cases have little value as precedents, unlike the common law system
  prevalent in the United States. The PRC does not have a well-developed,
  consolidated body of laws governing foreign investment enterprises. As a result,
  the administration of laws and regulations by government agencies may be subject
  to considerable discretion and variation, and may be subject to influence by
  external forces unrelated to the legal merits of a particular
  matter. China's regulations and policies with respect to foreign
  investments are evolving. Definitive regulations and policies with respect
  to such matters as the permissible percentage of foreign investment and
  permissible rates of equity returns have not yet been
  published.  Statements regarding these evolving policies have been
  conflicting and any such policies, as administered, are likely to be subject to
  broad interpretation and discretion and to be modified, perhaps on a
  case-by-case basis. The uncertainties regarding such regulations and
  policies present risks that the Company will not be able to achieve its business
  objectives. There can be no assurance that the Company will be able to
  enforce any legal rights it may have under its contracts or
  otherwise.
  RISKS
  RELATED TO CORPORATE AND STOCK MATTERS
  We
  have a limited operating history and if we are not successful in continuing to
  grow our business, then we may have to scale back or even cease our ongoing
  business operations.
  We have a
  limited operating history and must be considered in the development
  stage. The Company's operations will be subject to all the risks inherent
  in the establishment of a developing enterprise and the uncertainties arising
  from the absence of a significant operating history. We may be unable to
  locate recoverable reserves or operate on a profitable basis. We are in the
  development stage and potential investors should be aware of the difficulties
  normally encountered by enterprises in the development stage. If our
  business plan is not successful, and we are not able to operate profitably,
  investors may lose some or all of their investment in the Company.
  Most
  of our directors and officers are outside the United States, with the result
  that it may be difficult for investors to enforce within the United States any
  judgments obtained against us or any of our directors or officers.
  Most of
  our directors and officers are nationals and/or residents of countries other
  than the United States, and all or a substantial portion of such persons' assets
  are located outside the United States. As a result, it may be difficult for
  investors to effect service of process on our directors or officers, or enforce
  within the United States or Canada any judgments obtained against us or our
  officers or directors, including judgments predicated upon the civil liability
  provisions of the securities laws of the United States or any state
  thereof. Consequently, you may be effectively prevented from pursuing
  remedies under U.S. federal securities laws against them.
  If
  we issue additional shares in the future, this may result in dilution to our
  existing stockholders.
  Our
  articles of incorporation, as amended, authorize the issuance of 100,000,000
  shares of common stock and 8,000,000 shares of preferred stock.  Our
  board of directors has the authority to issue additional shares up to the
  authorized capital stated in the certificate of incorporation. Our board of
  directors may choose to issue some or all of such shares to acquire one or more
  businesses or to provide additional financing in the future.  The
  issuance of any such shares may result in a reduction of the book value or
  market price of the outstanding shares of our common stock.  If we do
  issue any such additional shares, such issuance also will cause a reduction in
  the proportionate ownership and voting power of all other
  stockholders.  Further, any such issuance may result in a change of
  control of our corporation.
  9
  The
  authorized preferred stock constitutes what is commonly referred to as "blank
  check" preferred stock.  This type of preferred stock allows the Board
  of Directors to divide the preferred stock into series, to designate each
  series, to fix and determine separately for each series any one or more relative
  rights and preferences and to issue shares of any series without further
  stockholder approval.  Preferred stock authorized in series allows our
  Board of Directors to hinder or discourage an attempt to gain control of us by a
  merger, tender offer at a control premium price, proxy contest or otherwise.
  Consequently, the preferred stock could entrench our management.  In
  addition, the market price of our common stock could be materially and adversely
  affected by the existence of the preferred stock.
  The
  application of the "penny stock" rules could adversely affect the market price
  of our common stock and increase your transaction costs to sell those
  shares.
  The
  Securities and Exchange Commission has adopted Rule 15g-9 which generally
  defines "penny stock" to be any equity security that has a market price (as
  defined) less than $5.00 per share or an exercise price of less than $5.00 per
  share, subject to certain exceptions.  If the trading price of our
  common stock falls below $5.00 per share, the open-market trading of our
  common stock is subject to the penny stock rules, which impose additional sales
  practice requirements on broker-dealers who sell to persons other than
  established customers and "accredited investors".  The term
  "accredited investor" refers generally to institutions with assets in excess of
  $5,000,000 or individuals with a net worth in excess of $1,000,000 or annual
  income exceeding $200,000 or $300,000 jointly with their spouse.  The
  penny stock rules require a broker-dealer, prior to a transaction in a penny
  stock not otherwise exempt from the rules, to deliver a standardized risk
  disclosure document in a form prepared by the SEC, which provides information
  about penny stocks and the nature and level of risks in the penny stock
  market.  The broker-dealer also must provide the customer with current
  bid and offer quotations for the penny stock, the compensation of the
  broker-dealer and its salesperson in the transaction and monthly account
  statements showing the market value of each penny stock held in the customer's
  account. The bid and offer quotations, and the broker-dealer and salesperson
  compensation information, must be given to the customer orally or in writing
  prior to effecting the transaction and must be given to the customer in writing
  before or with the customer's confirmation.  In addition, the penny
  stock rules require that prior to a transaction in a penny stock not otherwise
  exempt from these rules, the broker-dealer must make a special written
  determination that the penny stock is a suitable investment for the purchaser
  and receive the purchaser's written agreement to the
  transaction.  These disclosure requirements may have the effect of
  reducing the level of trading activity in the secondary market for the stock
  that is subject to these penny stock rules.  Consequently, these penny
  stock rules may affect the ability of broker-dealers to trade our
  securities.  We believe that the penny stock rules discourage investor
  interest in and limit the marketability of our common stock.
  NASD
  sales practice requirements may also limit a stockholder's ability to buy and
  sell our stock.
  In
  addition to the "penny stock" rules described above, the NASD has adopted rules
  that require that in recommending an investment to a customer, a broker-dealer
  must have reasonable grounds for believing that the investment is suitable for
  that customer.  Prior to recommending speculative low priced
  securities to their non-institutional customers, broker-dealers must make
  reasonable efforts to obtain information about the customer's financial status,
  tax status, investment objectives and other information.  Under
  interpretations of these rules, the NASD believes that there is a high
  probability that speculative low priced securities will not be suitable for at
  least some customers.  The NASD requirements make it more difficult
  for broker-dealers to recommend that their customers buy our common stock, which
  may limit your ability to buy and sell our stock and have an adverse effect on
  the market for our shares.
  Stockholders
  should have no expectation of any dividends.
  The
  holders of our common stock are entitled to receive dividends when, as and if
  declared by the board of directors out of funds legally available
  therefore.  To date, we have not declared nor paid any cash
  dividends.  The board of directors does not intend to declare any
  dividends in the foreseeable future, but instead intends to retain all earnings,
  if any, for use in our business operations.
  10
  If
  we fail to maintain an effective system of internal controls, we may not be able
  to accurately report our financial results or prevent fraud.
  We are
  subject to reporting obligations under the U.S. securities laws. The SEC, as
  required by Section 404 of the Sarbanes-Oxley Act of 2002, adopted rules
  requiring every public company to include a management report on such company's
  internal controls over financial reporting in its Annual Report, which contains
  management's assessment of the effectiveness of our internal controls over
  financial reporting. In addition, an independent registered public accounting
  firm must attest to and report on management's assessment of the effectiveness
  of our internal controls over financial reporting. Our management may conclude
  that our internal controls over our financial reporting are not effective.
  Moreover, even if our management concludes that our internal controls over
  financial reporting are effective, our independent registered public accounting
  firm may still decline to attest to our management's assessment or may issue a
  report that is qualified if it is not satisfied with our controls or the level
  at which our controls are documented, designed, operated or reviewed, or if it
  interprets the relevant requirements differently from us. Our reporting
  obligations as a public company will place a significant strain on our
  management, operational and financial resources and systems for the foreseeable
  future. Effective internal controls, particularly those related to revenue
  recognition, are necessary for us to produce reliable financial reports and are
  important to help prevent fraud. As a result, our failure to achieve and
  maintain effective internal controls over financial reporting could result in
  the loss of investor confidence in the reliability of our financial statements,
  which in turn could harm our business and negatively impact the trading price of
  our stock. Furthermore, we anticipate that we will incur considerable costs and
  use significant management time and other resources in an effort to comply with
  Section 404 and other requirements of the Sarbanes-Oxley Act.
  11
  CAUTIONARY
  NOTE REGARDING FORWARD-LOOKING STATEMENTS
  This
  prospectus contains forward-looking statements. All statements other than
  statements of historical facts contained in this prospectus, including
  statements regarding our future results of operations and financial position,
  business strategy and plans and objectives of management for future operations,
  are forward-looking statements. These statements involve known and unknown
  risks, uncertainties and other factors that may cause our actual results,
  performance or achievements to be materially different from any future results,
  performance or achievements expressed or implied by the forward-looking
  statements.
  In some
  cases, you can identify forward-looking statements by terms such as "may,"
  "will," "should," "expects," "plans," "anticipates," "could," "intends,"
  "target," "projects," "contemplates," "believes," "estimates," "predicts,"
  "potential" or "continue" or the negative of these terms or other similar words.
  These statements are only predictions. We have based these forward-looking
  statements largely on our current expectations and projections about future
  events and financial trends that we believe may affect our business, financial
  condition and results of operations. We discuss many of the risks in greater
  detail under the heading "Risk Factors." Also, these forward-looking statements
  represent our estimates and assumptions only as of the date of this prospectus.
  Except as required by law, we assume no obligation to update any forward-looking
  statements after the date of this prospectus.
  This
  prospectus also contains estimates and other statistical data made by
  independent parties and by us relating to market size and growth and other
  industry data. This data involves a number of assumptions and limitations, and
  you are cautioned not to give undue weight to such estimates. We have not
  independently verified the statistical and other industry data generated by
  independent parties and contained in this prospectus and, accordingly, we cannot
  guarantee their accuracy or completeness. In addition, projections, assumptions
  and estimates of our future performance and the future performance of the
  industries in which we operate are necessarily subject to a high degree of
  uncertainty and risk due to a variety of factors, including those described in
  "Risk Factors," "Management's Discussion and Analysis of Financial Condition and
  Results of Operation" and elsewhere in this prospectus. These and other factors
  could cause results to differ materially from those expressed in the estimates
  made by the independent parties and by us.
  DETERMINATION
  OF OFFERING PRICE
  The
  selling shareholders may sell the common shares issued to them from time-to-time
  at prices and at terms then prevailing or at prices related to the then current
  market price, or in negotiated transactions.
  USE
  OF PROCEEDS
  This
  reoffer prospectus relates to sale of shares of common stock issuable upon
  exercise of currently outstanding stock options that may be offered and sold
  from time to time by the selling shareholders. We will receive the exercise
  price from the exercise of the options by the selling shareholders when, and if,
  such selling shareholders exercise their stock options. Any proceeds received by
  us from the exercise of such stock options will be used for general working
  capital purposes. We will not receive any proceeds from the sale of common stock
  by the selling shareholders pursuant to this reoffer prospectus.
  SELLING
  SHAREHOLDERS
  This
  reoffer prospectus relates to the sale of up to 75,000 shares of the common
  stock that may be offered and resold from time to time by the selling
  shareholders ("Selling Shareholders") identified in this reoffer prospectus for
  their own account issuable pursuant to our 2009 Stock Incentive Plan. A total of
  5,000,000 shares of common stock have been reserved for issuance under all
  awards that may be granted under our 2009 Stock Incentive Plan, of which
  4,925,000 shares remain available for issuance.
  If,
  subsequent to the date of this reoffer prospectus, we grant any further awards
  under the 2009 Stock Incentive Plan, to any eligible participants who are
  affiliates of our company (as defined in Rule 405 under the Securities Act),
  Instruction C of Form S-8 requires that we supplement this reoffer prospectus
  with the names of such affiliates and the amounts of securities to be reoffered
  by them as selling shareholders.
  12
  The
  following table provides, as of April 16, 2009, information regarding the
  beneficial ownership of our common shares held by each of the Selling
  Shareholders, including:
  1.
  the
        number of common shares owned by each selling shareholder prior to this
        offering;
  2.
  the
        total number of common shares that are to be offered by each selling
        shareholder;
  3.
  the
        total number of common shares that will be owned by each selling
        shareholder upon completion of the offering;
  and
  4.
  the
        percentage owned by each selling
  shareholder.
  Information
  with respect to beneficial ownership is based upon information obtained from the
  selling shareholders. Information with respect to "Shares Beneficially Owned
  Prior to the Offering" includes the shares issuable upon exercise of the stock
  options held by the selling shareholders to the extent these options are
  exercisable within 60 days of April 16, 2009. The "Number of Shares Being
  Offered" includes the common shares that may be acquired by the selling
  shareholders pursuant to the exercise of stock options granted to the selling
  shareholders pursuant to our 2009 Stock Incentive Plan. Information with respect
  to "Shares Beneficially Owned After the Offering" assumes the sale of all of the
  common shares offered by this prospectus and no other purchases or sales of our
  common shares by the selling shareholders. Except as described below and to our
  knowledge, the named selling shareholder beneficially owns and has sole voting
  and investment power over all common shares or rights to these common
  shares.
  Because
  the selling shareholders may offer all or part of the common shares currently
  owned or the common shares received upon exercise of the options, which they own
  pursuant to the offering contemplated by this reoffer prospectus, and because
  its offering is not being underwritten on a firm commitment basis, no estimate
  can be given as to the amount of options that will be held upon termination of
  this offering. The common shares currently owned and the common shares received
  upon exercise of the options offered by this reoffer prospectus may be offered
  from time to time by the selling shareholders named below.
  Shares
        Beneficially Owned
  Prior
        to This Offering
  Number
        of
  Shares
  Being
  Offered
  Shares
        Beneficially Owned
  Upon
        Completion of the
  Offering
  Name
  Number
        (1)
  Percent
        (2)
  (3)
  Number
        (1)
  Percent
        (2)
  Yvonne
        Zhang (4)
  55,000
  *
  55,000
  0
  0
  %
  Elan
        Yaish (5)
  0
  0
  %
  20,000
  0
  0
  %
  Total
        Shares Offered
  75,000
  * less
  than one percent
  (1)
  The
        number and percentage of shares beneficially owned is determined in
        accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as
        amended, and the information is not necessarily indicative of beneficial
        ownership for any other purpose. Under such rule, beneficial ownership
        includes any shares as to which the selling shareholder has sole or shared
        voting power or investment power and also any shares, which the selling
        shareholder has the right to acquire within 60
    days.
  (2)
  Based
        upon 14,932,582 shares of common stock issued and outstanding as of April
        16, 2009.
  (3)
  Represents
        options to purchase shares of our common stock issued under our 2009 Stock
        Incentive Plan.
  (4)
  Ms.
        Zhang serves as Chief Financial Officer of the Company. On March 10, 2009,
        Ms. Zhang was granted an option to purchase up to 55,000 shares of common
        stock under our 2009 Stock Incentive Plan, all of which can be acquired by
        Ms. Zhang by exercise within 60 days of April 16,
    2009.
  (5)
  Mr.
        Yaish serves as a member of the board of directors of the Company. On
        March 10, 2009, Mr. Yaish was granted an potion to purchase up to 20,000
        shares of common stock under our 2009 Stock Incentive Plan, none of which
        can be acquired by Mr. Yaish by exercise within 60 days of April 16,
        2009.
  13
  Since
  our company does not currently meet the registrant requirements for use of Form
  S-3, the amount of common shares which may be resold by means of this reoffer
  prospectus by each of the Selling Shareholders, and any other person with whom
  he or she is acting in concert for the purpose of selling securities of our
  company, must not exceed, in any three month period, the amount specified in
  Rule 144(e) promulgated under the Securities Act.
  PLAN
  OF DISTRIBUTION
  Timing
  of Sales
  Under our
  2009 Stock Incentive Plan (the "Plan"), we are authorized to issue up to
  5,000,000 shares of our common stock.
  Subject
  to the foregoing, the Selling Shareholders may offer and sell the common shares
  covered by this reoffer prospectus at various times. The Selling Shareholders
  will act independently of our company in making decisions with respect to the
  timing, manner and size of each sale.
  No
  Known Agreements to Resell the Shares
  To our
  knowledge, no Selling Shareholder has any agreement or understanding, directly
  or indirectly, with any person to resell the common shares covered by this
  prospectus.
  Offering
  Price
  The sales
  price offered by the Selling Shareholders to the public may be:
  1.
  the
        market price prevailing at the time of
    sale;
  2.
  a
        price related to such prevailing market price;
      or
  3.
  such
        other price as the Selling Shareholders determine from time to
        time.
  Manner
  of Sale
  The
  common shares may be sold by means of one or more of the following methods:
  1.
  a
        block trade in which the broker-dealer so engaged will attempt to sell the
        common shares as agent, but may position and resell a portion of the block
        as principal to facilitate the
  transaction;
  2.
  purchases
        by a broker-dealer as principal and resale by that broker-dealer for its
        account pursuant to this
  prospectus;
  3.
  ordinary
        brokerage transactions in which the broker solicits
        purchasers;
  4.
  through
        options, swaps or derivatives;
  5.
  in
        transactions to cover short sales;
  6.
  privately
        negotiated transactions; or
  7.
  in
        a combination of any of the above
  methods.
  14
  The
  Selling Shareholders may sell their common shares directly to purchasers or may
  use brokers, dealers, underwriters or agents to sell their common shares.
  Brokers or dealers engaged by the Selling Shareholders may arrange for other
  brokers or dealers to participate. Brokers or dealers may receive commissions,
  discounts or concessions from the Selling Shareholders, or, if any such
  broker-dealer acts as agent for the purchaser of common shares, from the
  purchaser in amounts to be negotiated immediately prior to the sale. The
  compensation received by brokers or dealers may, but is not expected to, exceed
  that which is customary for the types of transactions involved.
  Broker-dealers
  may agree with a Selling Shareholder to sell a specified number of common shares
  at a stipulated price per common share, and, to the extent the broker-dealer is
  unable to do so acting as agent for a selling shareholder, to purchase as
  principal any unsold common shares at the price required to fulfill the
  broker-dealer commitment to the selling shareholder.
  Broker-dealers
  who acquire common shares as principal may thereafter resell the common shares
  from time to time in transactions, which may involve block transactions and
  sales to and through other broker-dealers, including transactions of the nature
  described above, in the over-the-counter market or otherwise at prices and on
  terms then prevailing at the time of sale, at prices then related to the
  then-current market price or in negotiated transactions. In connection with
  resales of the common shares, broker-dealers may pay to or receive from the
  purchasers of shares commissions as described above.
  If our
  Selling Shareholders enter into arrangements with brokers or dealers, as
  described above, we are obligated to file a post-effective amendment to this
  registration statement disclosing such arrangements, including the names of any
  broker-dealers acting as underwriters.
  The
  Selling Shareholders and any broker-dealers or agents that participate with the
  Selling Shareholders in the sale of the common shares may be deemed to be
  "underwriters" within the meaning of the Securities Act. In that event, any
  commissions received by broker-dealers or agents and any profit on the resale of
  the common shares purchased by them may be deemed to be underwriting commissions
  or discounts under the Securities Act.
  Sales
  Pursuant to Rule 144
  Any
  common shares covered by this prospectus which qualify for sale pursuant to Rule
  144 under the Securities Act may be sold under Rule 144 rather than pursuant to
  this prospectus.
  Accordingly,
  during such times as a Selling Shareholder may be deemed to be engaged in a
  distribution of the common stock, and therefore be considered to be an
  underwriter, the Selling Shareholder must comply with applicable law and, among
  other things:
  1.
  may
        not engage in any stabilization activities in connection with our common
        stock;
  2.
  may
        not cover short sales by purchasing shares while the distribution is
        taking place; and
  3.
  may
        not bid for or purchase any of our securities or attempt to induce any
        person to purchase any of our securities other than as permitted under the
        Exchange Act.
  In
  addition, we will make copies of this prospectus available to the Selling
  Shareholders for the purpose of satisfying the prospectus delivery requirements
  of the Securities Act.
  Penny
  Stock Rules
  The SEC
  has adopted regulations which generally define "penny stock" to be any equity
  security that has a market price (as defined) of less than $5.00 per share or an
  exercise price of less than $5.00 per share, subject to certain exceptions. Our
  securities are covered by the penny stock rules, which impose additional sales
  practice requirements on broker-dealers who sell to persons other than
  established customers and "institutional accredited investors." The term
  "institutional accredited investor" refers generally to those accredited
  investors who are not natural persons and fall into one of the categories of
  accredited investor specified in subparagraphs (1), (2), (3), (7) or (8) of
  Rule 501 of Regulation D promulgated under the Securities Act,
  including institutions with assets in excess of $5,000,000.
  15
  The penny
  stock rules require a broker-dealer, prior to a transaction in a penny stock not
  otherwise exempt from the rules, to deliver a standardized risk disclosure
  document in a form required by the Securities and Exchange Commission, obtain
  from the customer a signed and dated acknowledgement of receipt of the
  disclosure document and to wait two business days before effecting the
  transaction. The risk disclosure document provides information about penny
  stocks and the nature and level of risks in the penny stock market. The
  broker-dealer also must provide the customer with current bid and offer
  quotations for the penny stock, the compensation of the broker-dealer and its
  salesperson in the transaction and monthly account statements showing the market
  value of each penny stock held in the customer's account.
  The bid
  and offer quotations, and the broker-dealer and salesperson compensation
  information, must be given to the customer orally or in writing prior to
  effecting the transaction and must be given to the customer in writing before or
  with the customer's confirmation. In addition, the penny stock rules require
  that prior to a transaction in a penny stock not otherwise exempt from these
  rules, the broker-dealer must make a special written determination that the
  penny stock is a suitable investment for the purchaser and receive the
  purchaser's written agreement to the transaction.
  These
  disclosure requirements may have the effect of reducing the level of trading
  activity in the secondary market for the stock that is subject to these penny
  stock rules. Consequently, these penny stock rules may affect the ability of
  broker-dealers to trade our securities. We believe that the penny stock rules
  discourage investor interest in and limit the marketability of our common
  stock.
  State
  Securities Laws
  Under the
  securities laws of some states, the common shares may be sold in such states
  only through registered or licensed brokers or dealers. In addition, in some
  states the common shares may not be sold unless the shares have been registered
  or qualified for sale in the state or an exemption from registration or
  qualification is available and is complied with.
  Expenses
  of Registration
  We are
  bearing all costs relating to the registration of the common shares. These
  expenses are estimated to be $7,500, including, but not limited to, legal,
  accounting, printing and mailing fees. The Selling Shareholders, however, will
  pay any commissions or other fees payable to brokers or dealers in connection
  with any sale of the common shares.
  LEGAL
  MATTERS
  The
  validity of the common stock has been passed upon by Richardson & Patel LLP,
  Los Angeles, California.
  EXPERTS
  The
  financial statements incorporated by reference herein have been audited by
  Goldman Parks Kurland Mohidin, LLP, our independent registered public
  accounting firm, to the extent and for the periods set forth in its reports.
  Such financial statements are included in reliance upon the authority of said
  firm as experts in auditing and accounting.
  16
  INCORPORATION OF CERTAIN
  DOCUMENTS
  BY
  REFERENCE
  The
  Securities and Exchange Commission ("SEC") allows us to incorporate by reference
  certain of our publicly filed documents into this prospectus, which means that
  such information is considered part of this prospectus. Information that we file
  with the SEC subsequent to the date of this prospectus will automatically update
  and supersede this information. We incorporate by reference the documents listed
  below and any future filings made with the SEC under all documents subsequently
  filed by us pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities
  Exchange Act of 1934 until the selling shareholders have sold all of the shares
  offered hereby or such shares have been deregistered.
  The
  following documents filed with the SEC are incorporated herein by
  reference:
  ·
  The
        annual report on Form 10-K for the fiscal year ended December 31, 2008,
        filed by the Registrant with the Commission on March 30,
      2009;
  ·
  The
        annual report on Form 10-K for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 10,
      2008;
  ·
  The
        annual report on Form 10-K/A for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 23,
      2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended March 31, 2008, filed
        by the Registrant with the Commission on May 13,
    2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended June 30, 2008, filed
        by the Registrant with the Commission on August 14,
    2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended September 30, 2008,
        filed by the Registrant with the Commission on November 14,
        2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 7, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 10, 2008;
  ·
  The
        current report on Form 8-K/A filed by the Registrant with the Commission
        on January 11, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        June 10, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        August 19, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 5, 2009;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 13, 2009;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        April 8, 2009; and
  ·
  The
        description of the Registrant's common stock included in the registration
        statement on Form SB-2, file no. 333-66994, filed with the Commission on
        August 7, 2001, including any amendments or reports filed for the purpose
        of updating that description.
  In
  addition, all documents subsequently filed by the Company pursuant to Sections
  13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing of a
  post-effective amendment which indicates that all securities offered have been
  sold or which deregisters all securities then remaining unsold, shall be deemed
  to be incorporated by reference into this prospectus and to be a part hereof
  from the date of filing of such documents.
  17
  Any
  statement contained herein or in a document incorporated or deemed to be
  incorporated by reference herein shall be deemed to be modified or superseded
  for purposes of this prospectus to the extent that a statement contained herein
  or in any other subsequently filed document which also is or is deemed to be
  incorporated by reference herein modifies or supersedes such earlier statement.
  Any statement so modified or superseded shall not be deemed, except as so
  modified or superseded, to constitute a part of this prospectus.
  Statements
  contained in this prospectus as to the contents of any contract or other
  document referred to herein do not purport to be complete, and where reference
  is made to the particular provisions of such contract or other document, such
  provisions are qualified in all respects by reference to all of the provisions
  of such contract or other document.
  We will
  provide without charge to each person to whom a copy of this prospectus has been
  delivered, on written or oral request a copy of any or all of the documents
  incorporated by reference in this prospectus, other than exhibits to such
  documents. Written or oral requests for such copies should be directed to Ms.
  Yvonne Zhang, 17890 Castleton Street, Suite 112, City of Industry,
  California.
  DISCLOSURE OF COMMISSION
  POSITION ON INDEMNIFICATION
  FOR
  SECURITIES ACT LIABILITIES
  Section
  78.7502 of the Nevada Revised Statutes permits a corporation to indemnify any
  person who was or is a party or is threatened to be made a party to any
  threatened, pending or completed action, suit or proceeding, whether civil,
  criminal, administrative or investigative, except an action by or in the right
  of the corporation, by reason of the fact that he is or was a director, officer,
  employee or agent of the corporation, or is or was serving at the request of the
  corporation as a director, officer, employee or agent of another corporation,
  partnership, joint venture, trust or other enterprise, against expenses,
  including attorneys' fees, judgments, fines and amounts paid in settlement
  actually and reasonably incurred by him in connection with the action, suit or
  proceeding if he:
  (a)           is
  not liable pursuant to Nevada Revised Statute 78.138, or
  (b)           acted
  in good faith and in a manner which he reasonably believed to be in or not
  opposed to the best interests of the corporation, and, with respect to any
  criminal action or proceeding, had no reasonable cause to believe his conduct
  was unlawful.
  In
  addition, Section 78.7502 permits a corporation to indemnify any person who was
  or is a party or is threatened to be made a party to any threatened, pending or
  completed action or suit by or in the right of the corporation to procure a
  judgment in its favor by reason of the fact that he is or was a director,
  officer, employee or agent of the corporation, or is or was serving at the
  request of the corporation as a director, officer, employee or agent of another
  corporation, partnership, joint venture, trust or other enterprise against
  expenses, including amounts paid in settlement and attorneys' fees actually and
  reasonably incurred by him in connection with the defense or settlement of the
  action or suit if he:
  (a)
  is
        not liable pursuant to Nevada Revised Statute 78.138;
    or
  (b)
  acted
        in good faith and in a manner which he reasonably believed to be in or not
        opposed to the best interests of the
    corporation.
  To the
  extent that a director, officer, employee or agent of a corporation has been
  successful on the merits or otherwise in defense of any action, suit or
  proceeding referred to above, or in defense of any claim, issue or matter, the
  corporation is required to indemnify him against expenses, including attorneys'
  fees, actually and reasonably incurred by him in connection with the
  defense.
  Section
  78.752 of the Nevada Revised Statutes allows a corporation to purchase and
  maintain insurance or make other financial arrangements on behalf of any person
  who is or was a director, officer, employee or agent of the corporation or is or
  was serving at the request of the corporation as a director, officer, employee
  or agent of another corporation, partnership, joint venture, trust or other
  enterprise for any liability asserted against him and liability and expenses
  incurred by him in his capacity as a director, officer, employee or agent, or
  arising out of his status as such, whether or not the corporation has the
  authority to indemnify him against such liability and expenses.
  18
  Other
  financial arrangements made by the corporation pursuant to Section 78.752 may
  include the following:
  (a)
  the
        creation of a trust fund;
  (b)
  the
        establishment of a program of
  self-insurance;
  (c)
  the
        securing of its obligation of indemnification by granting a security
        interest or other lien on any assets of the corporation;
      and
  (d)
  the
        establishment of a letter of credit, guaranty or
    surety.
  No
  financial arrangement made pursuant to Section 78.752 may provide protection for
  a person adjudged by a court of competent jurisdiction, after exhaustion of all
  appeals, to be liable for intentional misconduct, fraud or a knowing violation
  of law, except with respect to the advancement of expenses or indemnification
  ordered by a court.
  Any
  discretionary indemnification pursuant to NRS 78.752, unless ordered by a court
  or advanced pursuant to an undertaking to repay the amount if it is determined
  by a court that the indemnified party is not entitled to be indemnified by the
  corporation, may be made by the corporation only as authorized in the specific
  case upon a determination that indemnification of the director, officer,
  employee or agent is proper in the circumstances. The determination must be
  made:
  (a)
  by
        the stockholders;
  (b)
  by
        the board of directors by majority vote of a quorum consisting of
        directors who were not parties to the action, suit or
        proceeding;
  (c)
  if
        a majority vote of a quorum consisting of directors who were not parties
        to the action, suit or proceeding so orders, by independent legal counsel
        in a written opinion, or
  (d)
  if
        a quorum consisting of directors who were not parties to the action, suit
        or proceeding cannot be obtained, by independent legal counsel in a
        written opinion.
  Our
  bylaws also include indemnification provisions. Pursuant to the provisions of
  the State of Nevada's Revised Business Statutes, we have adopted the following
  indemnification provisions in our bylaws for our directors and
  officers:
  12.1
  Indemnification
  .  No
  officer or director shall be personally liable for any obligations arising out
  of any acts or conduct of said officer or director performed for or on behalf of
  the corporation. The corporation shall and does hereby indemnify and hold
  harmless each person and his heirs and administrators who shall serve at any
  time hereafter as a director or officer of the corporation from and against any
  and all claims, judgments and liabilities to which such persons shall become
  subject by reason of any action alleged to have been heretofore or hereafter
  taken or omitted to have been taken by him as such director or officer, and
  shall reimburse each such person for all legal and other expenses reasonably
  incurred by him in connection with any such claim of liability; including power
  to defend such person from all suits as provided for under the provisions of the
  Nevada Corporation Laws; provided, however that no such person shall be
  indemnified against, or be reimbursed for, any expense incurred in connection
  with any claim or liability arising out of his own gross negligence or willful
  misconduct. The rights accruing to any person under the foregoing provisions of
  this section shall not exclude any other right to which he may lawfully be
  entitled, nor shall anything herein contained restrict the right of the
  corporation to indemnify or reimburse such person in any proper case, even
  though not specifically herein provided for. The corporation, its directors,
  officers, employees and agents shall be fully protected in taking any action or
  making any payment or in refusing so to do in reliance upon the advice of
  counsel.
  19
  12.2
  Other
  Indemnification
  .  The indemnification herein provided shall not
  be deemed exclusive of any other rights to which those seeking indemnification
  may be entitled under any bylaw, agreement, vote of shareholders or
  disinterested directors, or otherwise, both as to action in his official
  capacity and as to action in another capacity while holding such office, and
  shall continue as to a person who has ceased to be a director, officer or
  employee and shall inure to the benefit of the heirs, executors and
  administrators of such a person.
  These
  indemnification provisions may be sufficiently broad to permit indemnification
  of our officers and directors for liabilities (including reimbursement of
  expenses incurred) arising under the Securities Act.
  20
  ADDITIONAL
  INFORMATION AVAILABLE TO YOU
  This
  prospectus is part of a Registration Statement on Form S-8 that we filed with
  the SEC. Certain information in the Registration Statement has been omitted from
  this prospectus in accordance with the rules of the SEC. We file annual,
  quarterly and special reports, proxy statements and other information with the
  SEC. You can inspect and copy the Registration Statement as well as reports,
  proxy statements and other information we have filed with the SEC at the public
  reference room maintained by the SEC at 100 F Street N.E. Washington, D.C.
  20549, You can obtain copies from the public reference room of the SEC at 100 F
  Street N.E. Washington, D.C. 20549, upon payment of certain fees. You can call
  the SEC at 1-800-732-0330 for further information about the public reference
  room. We are also required to file electronic versions of these documents with
  the SEC, which may be accessed through the SEC's world wide website at
  http://www.sec.gov. No dealer, salesperson or other person is authorized to give
  any information or to make any representations other than those contained in
  this prospectus, and, if given or made, such information or representations must
  not be relied upon as having been authorized by us. This prospectus does not
  constitute an offer to buy any security other than the securities offered by
  this prospectus, or an offer to sell or a solicitation of an offer to buy any
  securities by any person in any jurisdiction where such offer or solicitation is
  not authorized or is unlawful. Neither delivery of this prospectus nor any sale
  hereunder shall, under any circumstances, create any implication that there has
  been no change in the affairs of our company since the date hereof.
  21
  SONGZAI
  INTERNATIONAL HOLDING GROUP, INC.
  75,000
  SHARES OF COMMON STOCK
  PROSPECTUS
  April 17,
  2009
  PART
  II
  INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT
  Item
  3.    Incorporation of Documents by Reference
  Songzai International Holding Group,
  Inc. (the "Registrant") hereby incorporates by reference into this registration
  statement the following documents previously filed with the Securities and
  Exchange Commission (the "Commission"):
  ·
  The
        annual report on Form 10-K for the fiscal year ended December 31, 2008,
        filed by the Registrant with the Commission on March 30,
      2009;
  ·
  The
        annual report on Form 10-K for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 10,
      2008;
  ·
  The
        annual report on Form 10-K/A for the fiscal year ended December 31, 2007,
        filed by the Registrant with the Commission on April 23,
      2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended March 31, 2008, filed
        by the Registrant with the Commission on May 13,
    2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended June 30, 2008, filed
        by the Registrant with the Commission on August 14,
    2008;
  ·
  The
        quarterly report on Form 10-Q for the quarter ended September 30, 2008,
        filed by the Registrant with the Commission on November 14,
        2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 7, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        January 10, 2008;
  ·
  The
        current report on Form 8-K/A filed by the Registrant with the Commission
        on January 11, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        June 10, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        August 19, 2008;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 5, 2009;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        March 13, 2009;
  ·
  The
        current report on Form 8-K filed by the Registrant with the Commission on
        April 8, 2009; and
  ·
  The
        description of the Registrant's common stock included in the registration
        statement on Form SB-2, file no. 333-66994, filed with the Commission on
        August 7, 2001, including any amendments or reports filed for the purpose
        of updating that description.
  In
  addition, all documents subsequently filed by the Registrant pursuant to
  Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as
  amended (the "Exchange Act"), prior to the filing of a post-effective amendment
  which indicates that all securities offered have been sold or which deregisters
  all securities then remaining unsold, shall be deemed to be incorporated by
  reference into this registration statement and to be a part hereof from the date
  of filing of such documents.
  We will
  provide without charge to each person to whom a copy of this prospectus has been
  delivered, on written or oral request a copy of any or all of the documents
  incorporated by reference in this prospectus, other than exhibits to such
  documents. Written or oral requests for such copies should be directed to Ms.
  Yvonne Zhang, 17890 Castleton Street, Suite 112, City of Industry,
  California.
  II-1
  Item
  4.    Description of Securities.
  Not
  applicable.
  Item
  5.    Interests of Named Experts and Counsel.
  Richardson
  & Patel, LLP has given an opinion upon the validity of the securities being
  registered or upon other legal matters in connection with the registration or
  offering of the common stock. No expert or counsel named in this prospectus
  as having prepared or certified any part of this prospectus or having given an
  opinion upon the validity of the securities being registered or upon other legal
  matters in connection with the registration or offering of the common stock was
  employed on a contingency basis or had, or is to receive, in connection with the
  offering, a substantial interest, directly or indirectly, in the registrant or
  any of its parents or subsidiaries.
  Item
  6.    Indemnification of Directors and
  Officers.
  Section
  78.7502 of the Nevada Revised Statutes permits a corporation to indemnify any
  person who was or is a party or is threatened to be made a party to any
  threatened, pending or completed action, suit or proceeding, whether civil,
  criminal, administrative or investigative, except an action by or in the right
  of the corporation, by reason of the fact that he is or was a director, officer,
  employee or agent of the corporation, or is or was serving at the request of the
  corporation as a director, officer, employee or agent of another corporation,
  partnership, joint venture, trust or other enterprise, against expenses,
  including attorneys' fees, judgments, fines and amounts paid in settlement
  actually and reasonably incurred by him in connection with the action, suit or
  proceeding if he:
  (a)           is
  not liable pursuant to Nevada Revised Statute 78.138, or
  (b)           acted
  in good faith and in a manner which he reasonably believed to be in or not
  opposed to the best interests of the corporation, and, with respect to any
  criminal action or proceeding, had no reasonable cause to believe his conduct
  was unlawful.
  In
  addition, Section 78.7502 permits a corporation to indemnify any person who was
  or is a party or is threatened to be made a party to any threatened, pending or
  completed action or suit by or in the right of the corporation to procure a
  judgment in its favor by reason of the fact that he is or was a director,
  officer, employee or agent of the corporation, or is or was serving at the
  request of the corporation as a director, officer, employee or agent of another
  corporation, partnership, joint venture, trust or other enterprise against
  expenses, including amounts paid in settlement and attorneys' fees actually and
  reasonably incurred by him in connection with the defense or settlement of the
  action or suit if he:
  (a)
  is
        not liable pursuant to Nevada Revised Statute 78.138;
    or
  (b)
  acted
        in good faith and in a manner which he reasonably believed to be in or not
        opposed to the best interests of the
    corporation.
  To the
  extent that a director, officer, employee or agent of a corporation has been
  successful on the merits or otherwise in defense of any action, suit or
  proceeding referred to above, or in defense of any claim, issue or matter, the
  corporation is required to indemnify him against expenses, including attorneys'
  fees, actually and reasonably incurred by him in connection with the
  defense.
  Section
  78.752 of the Nevada Revised Statutes allows a corporation to purchase and
  maintain insurance or make other financial arrangements on behalf of any person
  who is or was a director, officer, employee or agent of the corporation or is or
  was serving at the request of the corporation as a director, officer, employee
  or agent of another corporation, partnership, joint venture, trust or other
  enterprise for any liability asserted against him and liability and expenses
  incurred by him in his capacity as a director, officer, employee or agent, or
  arising out of his status as such, whether or not the corporation has the
  authority to indemnify him against such liability and expenses.
  II-2
  Other
  financial arrangements made by the corporation pursuant to Section 78.752 may
  include the following:
  (a)
  the
        creation of a trust fund;
  (b)
  the
        establishment of a program of
  self-insurance;
  (c)
  the
        securing of its obligation of indemnification by granting a security
        interest or other lien on any assets of the corporation;
      and
  (d)
  the
        establishment of a letter of credit, guaranty or
    surety.
  No
  financial arrangement made pursuant to Section 78.752 may provide protection for
  a person adjudged by a court of competent jurisdiction, after exhaustion of all
  appeals, to be liable for intentional misconduct, fraud or a knowing violation
  of law, except with respect to the advancement of expenses or indemnification
  ordered by a court.
  Any
  discretionary indemnification pursuant to NRS 78.7502, unless ordered by a court
  or advanced pursuant to an undertaking to repay the amount if it is determined
  by a court that the indemnified party is not entitled to be indemnified by the
  corporation, may be made by the corporation only as authorized in the specific
  case upon a determination that indemnification of the director, officer,
  employee or agent is proper in the circumstances. The determination must be
  made:
  (a)
  by
        the stockholders;
  (b)
  by
        the board of directors by majority vote of a quorum consisting of
        directors who were not parties to the action, suit or
        proceeding;
  (c)
  if
        a majority vote of a quorum consisting of directors who were not parties
        to the action, suit or proceeding so orders, by independent legal counsel
        in a written opinion, or
  (d)
  if
        a quorum consisting of directors who were not parties to the action, suit
        or proceeding cannot be obtained, by independent legal counsel in a
        written opinion.
  Article
  XII of the Registrant's Amended and Restated Bylaws contains the following
  provisions with respect to liability of directors and officers:
  12.1
  Indemnification
  .  No
  officer or director shall be personally liable for any obligations arising out
  of any acts or conduct of said officer or director performed for or on behalf of
  the corporation. The corporation shall and does hereby indemnify and hold
  harmless each person and his heirs and administrators who shall serve at any
  time hereafter as a director or officer of the corporation from and against any
  and all claims, judgments and liabilities to which such persons shall become
  subject by reason of any action alleged to have been heretofore or hereafter
  taken or omitted to have been taken by him as such director or officer, and
  shall reimburse each such person for all legal and other expenses reasonably
  incurred by him in connection with any such claim of liability; including power
  to defend such person from all suits as provided for under the provisions of the
  Nevada Corporation Laws; provided, however that no such person shall be
  indemnified against, or be reimbursed for, any expense incurred in connection
  with any claim or liability arising out of his own gross negligence or willful
  misconduct. The rights accruing to any person under the foregoing provisions of
  this section shall not exclude any other right to which he may lawfully be
  entitled, nor shall anything herein contained restrict the right of the
  corporation to indemnify or reimburse such person in any proper case, even
  though not specifically herein provided for. The corporation, its directors,
  officers, employees and agents shall be fully protected in taking any action or
  making any payment or in refusing so to do in reliance upon the advice of
  counsel.
  II-3
  12.2
  Other
  Indemnification
  .  The indemnification herein provided shall not
  be deemed exclusive of any other rights to which those seeking indemnification
  may be entitled under any bylaw, agreement, vote of shareholders or
  disinterested directors, or otherwise, both as to action in his official
  capacity and as to action in another capacity while holding such office, and
  shall continue as to a person who has ceased to be a director, officer or
  employee and shall inure to the benefit of the heirs, executors and
  administrators of such a person.
  These
  indemnification provisions may be sufficiently broad to permit indemnification
  of the Registrant's officers and directors for liabilities (including
  reimbursement of expenses incurred) arising under the Securities Act of 1933
  ("Securities Act").
  Item
  7.    Exemption from Registration Claimed.
  The
  75,000 shares of common stock to be sold by the Selling Shareholders pursuant to
  this Registration Statement are issuable upon exercise of outstanding stock
  options issued pursuant to the Company's 2009 Stock Incentive Plan. All stock
  options issued under the 2009 Stock Incentive Plan were issued pursuant to the
  exemption from registration provided by Section 4(2) of the Securities Act of
  1933, as amended.
  Item
  8.    Exhibits.
  Exhibit
        Number
  Description
  5.1
  Opinion
        of Richardson & Patel LLP
  10.1
  Songzai
        International Holding Group, Inc. 2009 Stock Incentive
    Plan
  23.1
  Consent
        of Richardson & Patel LLP (included in Exhibit 5.1)
  23.2
  Consent
        of Goldman Parks Kurland Mohidin,
  LLP
  Item
  9.    Undertakings.
  (a)          The
  undersigned registrant hereby undertakes:
  (1)           To
  file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration statement:
  (i) To
  include any prospectus required by Section 10(a)(3) of the Securities Act
  of 1933;
  (ii) To
  reflect in the prospectus any facts or events arising after the effective date
  of the registration statement (or the most recent post-effective amendment
  thereof) which, individually or in the aggregate, represent a fundamental change
  in the information set forth in the registration statement. Notwithstanding the
  foregoing, any increase or decrease in volume of securities offered (if the
  total dollar value of securities offered would not exceed that which was
  registered) and any deviation from the low or high end of the estimated maximum
  offering range may be reflected in the form of prospectus filed with the
  Commission pursuant to Rule 424(b) if, in the aggregate, the changes in
  volume and price represent no more than 20 percent change in the maximum
  aggregate offering price set forth in the "Calculation of Registration Fee"
  table in the effective registration statement;
  (iii) To
  include any material information with respect to the plan of distribution not
  previously disclosed in the registration statement or any material change to
  such information in the registration statement;
  Provided, however
  , that
  paragraphs (1)(i), and (1)(ii) do not apply if the Registration Statement is on
  Form S-8 and if the information required to be included in a post-effective
  amendment by those paragraphs is contained in reports filed with or furnished to
  the Commission by the Registrant pursuant to section 13 or
  section 15(d) of the Securities Exchange Act of 1934 that are incorporated
  by reference in the registration statement.
  II-4
  (2)            That,
  for the purpose of determining any liability under the Securities Act of 1933,
  each such post-effective amendment shall be deemed to be a new registration
  statement relating to the securities offered therein, and the offering of such
  securities at that time shall be deemed to be the initial
  bona fide
  offering
  thereof.
  (3)            To
  remove from registration by means of a post-effective amendment any of the
  securities being registered which remain unsold at the termination of the
  offering.
  (4)            That,
  for purposes of determining any liability under the Securities Act of 1933, each
  filing of the registrant's annual report pursuant to Section 13(a) or 15(d)
  of the Securities Exchange Act of 1934 (and, where applicable, each filing of an
  employee benefit plan's annual report pursuant to Section 15(d) of the
  Securities Exchange Act of 1934) that is incorporated by reference in the
  registration statement shall be deemed to be a new registration statement
  relating to the securities offered therein, and the offering of such securities
  at that time shall be deemed to be the initial
  bona fide
  offering
  thereof.
  (b)            Insofar
  as indemnification for liabilities arising under the Securities Act of 1933 may
  be permitted to directors, officers and controlling persons of the registrant
  pursuant to the foregoing provisions, or otherwise, the registrant has been
  advised that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Securities Act and
  is, therefore, unenforceable.
  (c)            In
  the event that a claim for indemnification against such liabilities (other than
  the payment by the registrant of expenses incurred or paid by a director,
  officer or controlling person of the registrant in the successful defense of any
  action, suit or proceeding) is asserted by such director, officer or controlling
  person in connection with the securities being registered, the registrant will,
  unless in the opinion of its counsel the matter has been settled by controlling
  precedent, submit to a court of appropriate jurisdiction the question whether
  such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.
  II-5
  SIGNATURES
  Pursuant
  to the requirements of the Securities Act of 1933, the Registrant certifies that
  it has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in City of
  Industry, California, on April 17, 2009.
  SONGZAI
        INTERNATIONAL HOLDING GROUP, INC.
  (Registrant)
  By:
  /s/
  Hongwen
        Li
  Hongwen
        Li
  Chief
        Executive Officer
  POWER
  OF ATTORNEY
  Each
  person whose signature appears below constitutes and appoints Mr. Hongwen Li and
  Ms. Yvonne Zhang as his true and lawful attorneys-in-fact and agents, each
  acting alone, with full power of substitution and resubstitution, for him and in
  his name, place and stead, in any and all capacities, to sign any or all
  amendments (including post-effective amendments) to the Registration Statement,
  and to sign any registration statement for the same offering covered by this
  Registration Statement that is to be effective upon filing pursuant to Rule
  462(b) under the Securities Act of 1933, as amended, and all post-effective
  amendments thereto, and to file the same, with all exhibits thereto, and all
  documents in connection therewith, with the Securities and Exchange Commission,
  granting unto said attorneys-in-fact and agents, full power and authority to do
  and perform each and every act and thing requisite and necessary to be done in
  and about the premises, as fully to all intents and purposes as he might or
  could do in person, hereby ratifying and confirming all that said
  attorneys-in-fact and agents, each acting alone, or his substitute or
  substitutes, may lawfully do or cause to be done by virtue hereof.
  Pursuant
  to the requirements of the Securities Act of 1933, this Registration Statement
  has been signed by the following persons in the capacities and on the dates
  stated:
  Name
  Title
  Date
  /s/
        Hongwen Li
  Chief
        Executive Officer and Director
  April
        17, 2009
  Hongwen
        Li
  /s/
        Yvonne Zhang
  Chief
        Financial Officer
  April
        17, 2009
  Yvonne
        Zhang
  /s/
        Guoqing Yue
  Director
  April
        17, 2009
  Guoqing
        Yue
  /s/
        Elan Yaish
  Director
  April
        17, 2009
  Elan
        Yaish
  /s/
        Yanlin Qu
  Director
  April
        17, 2009
  Yanlin
        Qu
  /s/
        Shengchun Liu
  Director
  April
        17, 2009
  Shengchun
        Liu