0001415889-12-000570.txt : 20120420 0001415889-12-000570.hdr.sgml : 20120420 20120420082732 ACCESSION NUMBER: 0001415889-12-000570 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120420 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120420 DATE AS OF CHANGE: 20120420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SkyPeople Fruit Juice, Inc CENTRAL INDEX KEY: 0001066923 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] IRS NUMBER: 980222013 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34502 FILM NUMBER: 12769581 BUSINESS ADDRESS: STREET 1: 3233 GRAND AVENUE STREET 2: .SUITE N-353 CITY: CHINO HILLS STATE: CA ZIP: 91709-1489 BUSINESS PHONE: 8668153951 MAIL ADDRESS: STREET 1: 3233 GRAND AVENUE STREET 2: .SUITE N-353 CITY: CHINO HILLS STATE: CA ZIP: 91709-1489 FORMER COMPANY: FORMER CONFORMED NAME: ENTECH ENVIRONMENTAL TECHNOLOGIES INC DATE OF NAME CHANGE: 20040323 FORMER COMPANY: FORMER CONFORMED NAME: CYBER PUBLIC RELATIONS INC DATE OF NAME CHANGE: 20010111 8-K 1 spu8k-apr182012.htm FORM 8-K spu8k-apr182012.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 20, 2012

SKYPEOPLE FRUIT JUICE, INC.
(Exact name of registrant as specified in its charter)

Florida
 
001-34502
 
98-0222013
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
         
   
16F, China Development Bank Tower, No. 2, Gaoxin 1st. Road, Xi’an, PRC
   
   
(Address of principal executive offices)
   
         
   
710075
   
   
(Zip code)
   
         
   
86-29-88377161
   
   
(Registrant’s telephone number, including area code)
   
         
   
None.
   
   
(Former name or former address, if changed since last report)
   

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 



 
 
Item 8.01                                Other Events.

On April 20, 2012, SkyPeople Fruit Juice, Inc. (the “Company”) issued a press release with regard to the completion of an independent verification of the Company’s cash balances as of the end of its fiscal year ended December 31, 2011 conducted by the Company’s auditor in response to a request from Nasdaq.

A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01                                Financial Statements and Exhibits.

99.1                      A copy of the press release dated April 20, 2012 issued by the Company.

 
 

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 20, 2012
 
 
SKYPEOPLE FRUIT JUICE, INC.
 
 
By: /s/ Yongke Xue
      Yongke Xue
      Chief Executive Officer
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm
Exhibit 99.1
 
COMPANY
SkyPeople Fruit Juice, Inc.
Ms. Natasha Zhang , Corporate Secretary and Director of Investor and Public Relations
Tel:   China + 86 - 29-8837-7161
Email: natasha_zhang@skypeoplejuice.com
Web: http://www.skypeoplefruitjuice.com
INVESTOR RELATIONS
David Rudnick , Account Manager
CCG Investor Relations
Tel: US +1- 646-626-4172
Email: david.rudnick@ccgir.com
Web: http://www.ccgir.com
 
Sky People Fruit Juice, Inc. Provides Supplementary Information
of its Fiscal Year End 2011 Cash Balances
 
XI'AN, China , April 20, 2012 /PRNewswire-Asia-FirstCall/ -- SkyPeople Fruit Juice, Inc. (NASDAQ: SPU - News) (“SkyPeople” or “the Company”), a producer of fruit juice concentrates, fruit beverages and other fruit-related products, today provided supplementary information regarding the Company’s cash balances as of its 2011 fiscal year end .

In response to a Nasdaq cash verification request, the Company’s independent registered public accounting firm (the “Audit Firm”), Paritz & Company, P.A. (“Paritz”), from January 5 to January 9, 2012, independently verified the Company’s cash balances held in financial institutions in China in which the Company and its subsidiaries maintain bank accounts (the “Accounts”). “Independently verified” means that an audit firm visited in person each of the institutions and physically observed bank employees printing or otherwise preparing or completing documentation which substantiated the cash balance for the Accounts. It does not mean that an audit firm relied solely on documentation completed and returned by bank personnel by mail or facsimile.

Based on the Audit Firm’s independent verification, the verified cash balances of the Accounts in aggregate represent substantially all of the cash, cash equivalents and restricted cash amounts as stated in the Company’s 2011 financial statements as reported in the Company’s recent 10-K filing.

Paritz had reported its findings and the procedures it employed to the Nasdaq on January 25, 2012. On April 19, 2012, the Company was informed that Nasdaq has reviewed the cash balance submitted and has no further comments.

“At a time when there is speculation as to the credibility of certain Chinese companies, SkyPeople investors can be reassured that our cash balances have been independently verified and that we employ of a high degree of financial integrity in terms of our financial management systems,” said Mr. Yongke Xue, SkyPeople’s CEO. “Investors can have confidence in the strength of our balance sheet that enables us to take advantage of the growth opportunities available to us in our sector.”
 
About SkyPeople Fruit Juice, Inc.
 
SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned subsidiary Pacific Industry Holding Group Co., Ltd. (“Pacific”), a Vanuatu company, holds 99.78% ownership interest in SkyPeople Juice Group Co., Ltd. (“SkyPeople (China)”). SkyPeople (China) is engaged in the production and sales of fruit juice concentrates, fruit beverages, and other fruit related products in the PRC and overseas markets. Its fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Fruit juice concentrates are used as a basic ingredient component in the food industry. Its brands, “Hedetang” and “SkyPeople”, which are registered trademarks in the PRC, are positioned as high quality, healthy and nutritious end-use juice beverages. For more information, please visit http://www.skypeoplefruitjuice.com.
 
For more information, please contact:
 
COMPANY
 
SkyPeople Fruit Juice, Inc.
Ms. Natasha Zhang, Corporate Secretary, Director of Investor and Public Relations
Tel:   +86-29-88377161
Email:natasha_zhang@skypeoplejuice.com
Web: www.skypeoplefruitjuice.com
 
INVESTOR RELATIONS
David Rudnick, Account Manager
CCG Investor Relations
Tel: US +1-646-626-4172
Email: david.rudnick@ccgir.com
Web: http://www.ccgir.com