-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A2wHp2ksgHbs0lGV0jwmlyvJK1DLnh4JQFShork4/ud/3vWLpjGH+iN0Ti/EIOhs Ev6FgUxANWiRkgs1KqSlIA== 0001137171-06-002269.txt : 20061227 0001137171-06-002269.hdr.sgml : 20061227 20061227125017 ACCESSION NUMBER: 0001137171-06-002269 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061226 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061227 DATE AS OF CHANGE: 20061227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: China VoIP & Digital Telecom Inc. CENTRAL INDEX KEY: 0001337615 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-131017 FILM NUMBER: 061300102 BUSINESS ADDRESS: STREET 1: 2470 ST.ROSE PKWY, SUITE 304 CITY: HENDERSON STATE: NV ZIP: 89074 BUSINESS PHONE: 506-872-4033 MAIL ADDRESS: STREET 1: 2470 ST.ROSE PKWY, SUITE 304 CITY: HENDERSON STATE: NV ZIP: 89074 FORMER COMPANY: FORMER CONFORMED NAME: Crawford Lake Mining Inc. DATE OF NAME CHANGE: 20050831 8-K 1 china8k122706.htm CHINA VOIP & DIGITAL TELECOM INC. FORM 8-K CC Filed by Filing Services Canada Inc. 403-717-3898



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


December 26, 2006

---------------------------------

(Date of earliest event reported)



China VoIP & Digital Telecom Inc.

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(Exact name of registrant as specified in its charter)



            Nevada                   333-131017                98-0509797

------------------------------         -------------              -------------------

(State or other jurisdiction of      Commission            (I.R.S. Employer

incorporation or organization)       File Number          Identification No.)



2470 St.Rose Pkwy, Suite 304, Henderson, NV 89074

-----------------------------------------------------------

(Address of principal offices, including Zip Code)



(506) 872-4033

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(Registrant's telephone number, including area code)



Crawford Lake Mining Inc.

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(Former name or Former Address, if Changed Since Last Report)














SECTION 8 – OTHER EVENTS

Item 8.01. Other Events


On December 26, 2006, the Registrant issued a press release announcing that it will expand its current infrastructure by adding two (2) servers, a copy of the Press Release is attached as Exhibit 99.1.  


The foregoing description is qualified in its entirety by reference to the Registrant’s Press Release dated December 26, 2006, a copy of which is attached hereto as Exhibit 99.1.



SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits


(a)   Financial Statements of business acquired.        Not applicable

(b)   Pro forma financial information.                        Not applicable


(c)   Exhibits


Exhibit 99.1     

Press Release of Registrant dated December 26, 2006


SIGNATURES


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


China VoIP & Digital Telecom Inc.


By: /s/ Li Kunwu

 

       ------------------------------

  

  President and CEO


Date:  December 27, 2006




EX-99.1 2 newsrelease.htm NEWS RELEASE CC Filed by Filing Services Canada Inc. 403-717-3898


CHINA VOIP & DIGITAL TELECOM, INC. SUBSIDIARY LAUNCHES SYSTEM WIDE UPGRADE AND EXPANSION PROGRAM


Jinan Yinquan Technology Co., Ltd.  Plans to Increase Server Capacity and Add Equipment in New Cities and Provinces to Accommodate Growing Demand for its VoIP Services


- - - -


HENDERSON, NV, December 26, 2006 – – Citing growing demand for its voice over Internet services, Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT) today announced it has launched a major, system wide expansion program.  The Company said it plans to significantly increase server capacity, add equipment in cities and provinces that are targeted for expansion, increase the number of available phone numbers, replace certain equipment to increase speed and efficiency as well as add additional staff at current and future locations.


Jinan Yinquan, a technology company offering VoIP services in the People’s Republic of China, has been developing telecommunication solutions for China’s burgeoning Internet industry for more than half a decade.

 

“Our mission is to become the premier provider of VoIP services in the People’s Republic of China,” said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. “To accomplish that goal we need to always be several steps ahead of our growth so that we will never be in a position that we cannot adequately service our subscriber base.  Therefore, we are adding two new servers to our current infrastructure, creating additional capacity for five hundred thousand new users (500,000).   This brings our total infrastructure to twenty-seven (27) servers.  All of our new servers will be installed in China Tie Tong’s equipment room, who provide us with the necessary access to bandwidth, network infrastructure and E1 interface. Expansion programs such as this will be virtually ongoing.”


Jinan Yinquan’s proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.  


Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations.  Short- and long-term plans call for the expansion throughout China.


Jinan Yinquan recently announced a cooperative venture with of one of China’s premier licensed telecom providers, China Tie Tong, one of only six licensed




providers in the country.  This effort will allow the Company to rapidly deploy its VoIP technology throughout the world’s most populous country.


The ability to increase telephone number capacity will be provided through China Tie Tong.  In turn, Jinan Yinquan will route all calls through Tie Tong’s extensive network and backbone.


China Tie Tong is one of the six largest basic telecom operators in China.  The company, which has 31 provincial branches and 316 municipal branches. employees approximately 72,000 people.  Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China’s 31 provinces and a distance of 52,000 kilometers.  During the period of 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 1.35 million to 16.4 million. By the end of 2005 the

company had 2 million Internet subscribers and assets of 53.3 billion RMB. (For more information go to www.chinatietong.com)


About China VoIP & Digital Telecom Inc.

China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol service in the People’s Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd.  Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China.  The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other Information Technology products.  The Company currently has 30 employees and is located in the Shandong Province, People’s Republic of China.

More information can be found at www.chinavoip-telecom.com.


Notice Regarding Forward Looking Statements


Statements regarding the Company's business which are not historical facts are “forward-looking statements” that involve risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Forward looking statements in this press release include that it the increase in server capacity will allow the company to stay ahead of their growth; that replacing current technology with new equipment will increase speed and efficiency of the infrastructure; that Jinan Yinquan’s proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates; the ability to increase telephone number capacity will be provided through China Tie Tong; and our coopera tive venture with Tie Tong not only allows us to expand throughout the country, but may bring to our




Company many other advantages such as accessing the network server, network bandwidth and telephone numbers as well as provide the Company with additional sales channels for its NP Soft Switch system.  Actual results may differ materially from those currently anticipated due to a number of factors as we may find that our products must compete with cheaper or better products; we may not be able to retain key employees; a bigger market may not develop for our products and we may not be able to continue to attract new customers; we may face litigation if our technology fails to work when required; our intellectual property may be attacked and defeated in court proceedings; our patent filings may be rejected by the patent offices; other companies may discover and develop better or cheaper technologies that would render our products obsolete; we may not have sufficient funding to further devel op and/or market our technology; and we may face regulatory issues in trying to expand throughout China. There are also country risks associated with investing in China, including currency fluctuation, repatriation of capital, and potential regulatory hurdles. Readers are directed to the China VoIP & Digital Telecom Inc. reports as filed with the U.S. Securities and Exchange Commission from time to time, including but not limited to its 8-K filed November 13, 2006 under our prior name Crawford Lake Mining Inc. which outlined the company’s current business for further information and factors that may affect China VoIP & Digital Telecom Inc.’s business and results of operations and our 10-QSB form filed on December 15, 2006. China VoIP & Digital Telecom Inc. undertakes no obligations to publicly update any forward-looking statements to reflect future events or circumstances.


Contact:

Peter Nasca

Peter Nasca Associates, Inc.

954-473-0677

pnasca@pnapr.com





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