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| | Business Summary: China Wi-Max Communications, Inc., a development stage company, through its subsidiaries, provides telecommunications broadband services. It offers commercial customers with high bandwidth connections throughout first and second tier markets in China. | | | Address
1905 Sherman Street, Suite 335
Denver
, CO 80203
Phone: 303-993-8028
Fax: 303-993-8172
Website: http://www.chinawi-max.com
| | Auditor |
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GHP Horwath, P.C.
| | Transfer Agent |
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Mountain Share Transfer, Inc.
| Employees: 14
ShareHolders: 90 | Founded: 2006
Domicile: Nevada | | | |
| | China Wi-Max Communications, Inc., a development stage company, through its subsidiaries, provides telecommunications broadband services. It offers commercial customers with high bandwidth connections throughout first and second tier markets in China. The company also focuses on building, owning, and operating metropolitan area Internet protocol based broadband networks. It has a strategic alliance with InterCarrier Solutions (ICS). The company was founded in 2006 and is based in Denver, Colorado. | | History: INCORPORATED in Nevada July 5, 2006. | | | | Subsidiaries: |
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Beijing Yuan Shan Da Chuan Business Development Ltd.
Beijing Yuan Shan Shi Dai Technology Ltd.
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Management
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| Officers | Position |
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| Allan Rabinoff | Chairman | | Steven T. Berman | President, Secretary & Chief Executive Officer | | Frank R. Ventura | Treasurer, Chief Financial Officer & Chief Accounting Officer | | Richard Carpenter | Investor Relations Contact |
| | Directors |
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| Steven T. Berman | | Richard Kranitz | | George Krieger | | Allan Rabinoff | | Frank R. Ventura | | Sharon Xiong | | | |
| | | | Capitalization as of 12/31/2009: | | | | | Authorized Shares | Outstanding Shares |
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| Common $0.001 par | 100,000,000 | 14,654,004 |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
12/31/2009,
90.
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Transfer Agent: Mountain Share Transfer, Inc.
Broomfield
, CO | | | | OTC Bulletin Board( Primary): CHWM | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2009 | 0.7500 | 0.3600 |
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| | | | DIVIDENDS: Common $0.001 par: None. | | | | | |
| | Annual Report |
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| | | Income Statement | |
| 2009 | 2008 |
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| General and administrative expense | 2,806 | 1,520 | | Interest exp. | 303 | 196 | | Net income | (3,109) | (1,716) | | Share earns. basic | (0.24) | (0.17) | | Share earns. diluted | (0.24) | (0.17) |
| | | | Balance Sheet | |
| 2009 | 2008 |
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| Assets: |
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| | Cash | 35 | 148 | | Prepaid expenses | 52 | 24 | | Tot. curr assets | 87 | 172 | | Net property | 515 | 531 | | Intangible assets and other, net | 305 | 364 | | Total assets | 907 | 1,067 | | Liabilities: |
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| | Notes pay. | 3,469 | 2,350 | | Accrued interest | 425 | 196 | | Accts. pay. | 358 | 120 | | Tot. curr. liabs. | 4,252 | 2,666 | | Com. stk. p.$0.001 | 15 | 11 | | Paid-in cap. | 1,892 | 533 | | Accumulated other comprehensive income | 26 | 26 | | Retained earns. | (5,278) | (2,169) | | Total liabs. | 907 | 1,067 |
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| | Interim Report
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| | | Data Not Available | | | | | | | | | |
| | Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
| | Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2009 |
Full Year
| 0 | | 2008 |
3 | 20,000 | | 2008 |
4 | (20,000) |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (1,770,000) | | 2009 |
4 | (970,000) | | 2009 |
Full Year
| (3,110,000) | | 2008 |
Full Year
| (1,720,000) | | 2007 |
Full Year
| (440,000) | | 2006 |
Full Year
| (20,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (.12) | | 2009 |
1 | (.06) | | 2009 |
2 | (.07) | | 2009 |
3 | (.04) | | 2009 |
4 | (.07) | | 2009 |
Full Year
| (.24) | | 2008 |
1 | (.04) | | 2008 |
2 | (.04) | | 2008 |
3 | (.03) | | 2008 |
4 | (.05) | | 2008 |
Full Year
| (.17) | | 2007 |
1 | (.01) | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | (.02) | | 2007 |
Full Year
| (.06) |
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