0001144204-11-028475.txt : 20110512 0001144204-11-028475.hdr.sgml : 20110512 20110512130633 ACCESSION NUMBER: 0001144204-11-028475 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110512 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wonder Auto Technology, Inc CENTRAL INDEX KEY: 0001162862 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 880495105 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33648 FILM NUMBER: 11834904 BUSINESS ADDRESS: STREET 1: NO. 56 LINGXI STREET STREET 2: TAIHE DISTRICT CITY: TAIHE DISTRICT STATE: F4 ZIP: 121013 BUSINESS PHONE: 7039184926 MAIL ADDRESS: STREET 1: NO. 56 LINGXI STREET STREET 2: TAIHE DISTRICT CITY: TAIHE DISTRICT STATE: F4 ZIP: 121013 FORMER COMPANY: FORMER CONFORMED NAME: MGCC INVESTMENT STRATEGIES INC DATE OF NAME CHANGE: 20011129 8-K 1 v222244_8k.htm Unassociated Document
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): May 12, 2011
 
 

Wonder Auto Technology, Inc.
(Exact name of registrant as specified in its charter)
 
 
 

Nevada
  
0-50883
  
88-0495105
(State of Incorporation)
  
(Commission File No.)
  
(IRS Employer ID No.)

 
 
 
No. 16 Yulu Street
Taihe District, Jinzhou City, Liaoning Province
People’s Republic of China, 121013
(Address of Principal Executive Offices)
 
 
 

(86) 416-2661186
Registrant’s Telephone Number, Including Area Code:
 
 
 

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 (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR.425)
   
o
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
1
 
 

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On May 12, 2011, Wonder Auto Technology, Inc. (the “Company”) issued a press release announcing that its Audit Committee, with the assistance of professional advisors, has undertaken an internal investigation concerning certain investment and acquisition transactions.  A copy of the press release is attached as Exhibit 99.1.

Safe Harbor Statement

This current report on Form 8-K includes certain statements that are not descriptions of historical facts, but are forward-looking statements.  Such statements include, among other things, statements regarding the pending restatement of the Company’s financial statements; statements regarding the Company’s expectation to file its Form 10-Q and Form 10-K; and statements regarding the Company’s plans to provide its Plan of Compliance to Nasdaq.  Forward-looking statements can be identified by the use of forward-looking terminology such as “will,” “expect,” “may,” “should,” “anticipate,” “future,” “intend,” “is/are likely to,” “proposed,” “estimate” or similar expressions. Such information is based upon assumptions and expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions and expectations are inherently subject to uncertainties and contingencies beyond our control and based upon premises with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this report. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Quarterly Reports on 10-Q and Annual Report on Form 10-K filed with the SEC, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC’s electronic data gathering analysis retrieval system at http://www.sec.gov. All information provided in this current report and in the attachments is as of the date of this current report.
 
Item 9.01 Financial Statements and Exhibits

(d)           Exhibits.
 
 
 
Exhibit Number
  
Description of Exhibit
     
99.1
  
Press Release of Wonder Auto Technology, Inc. issued on May 12, 2011.
 
 
 
2
 



SIGNATURES

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

Wonder Auto Technology, Inc.

Date: May 12, 2011


/s/ Qingjie Zhao
Chief Executive Officer and President
 

 
 
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EXHIBIT INDEX

Exhibit Number
  
Description of Exhibit
     
99.1
  
Press Release of Wonder Auto Technology, Inc. issued on May 12, 2011.





 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4
 EX-99.1 2 v222244_ex99-1.htm Unassociated Document
Wonder Auto Technology, Inc. Announces Audit Committee Investigation of Certain Transactions

May 12, 2011 – Wonder Auto Technology, Inc. (“WATG”) today announced that its Audit Committee, with the assistance of professional advisors, has undertaken an internal investigation concerning certain investment and acquisition transactions.

As a result of the pending restatement of its financial statements for fiscal years 2008, 2009 and 2010, and for the quarters ended March 31, June 30 and September 30, 2009 and 2010, and the investigation, WATG has not filed its Form 10-K for the fiscal year ended December 31, 2010 and does not expect to be able to file its Form 10-Q for the quarter ended March 31, 2011 by the filing deadline of May 10, 2011.  As previously announced, WATG has received a notice from The Nasdaq Stock Market (“Nasdaq”) as to its noncompliance with Nasdaq’s continued listing standards as a result of the failure to file the 10-K in a timely manner.  Nasdaq further has informed WATG that it has suspended trading in the company’s common stock pending WATG’s provision of a satisfactory Plan of Compliance to Nasdaq.  WATG plans to provide its Plan of Compliance to Nasdaq on or about May 13th and in no event later than May 23, 2011.  The company does not expect that its filings will be completed until the completion of the investigation.

Safe Harbor Statement
This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements.  Such statements include, among other things, statements regarding the pending restatement of the Company’s financial statements; statements regarding the Company’s expectation to file its Form 10-Q and Form 10-K; and statements regarding the Company’s plans to provide its Plan of Compliance to Nasdaq.  Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "expect," "may," "should," "anticipate," "future," "intend," "is/are likely to," "proposed," "estimate" or similar expressions. Such information is based upon assumptions and expectations of the Company’s management that were reasonable when made but may prove to be incorrect. All of such assumptions and expectations are inherently subject to uncertainties and contingencies beyond the Company’s control and based upon premises with respect to future business decisions, which are subject to change.  The Company does not undertake to update the forward-looking statements contained in this press release.  For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see the Company’s most recent Quarterly Reports on 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), and the Company’s subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system at http://www.sec.gov. All information provided in this current report and in the attachments is as of the date of this press release.