0001144204-11-017110.txt : 20110325 0001144204-11-017110.hdr.sgml : 20110325 20110325131120 ACCESSION NUMBER: 0001144204-11-017110 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110321 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110325 DATE AS OF CHANGE: 20110325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fuer International Inc. CENTRAL INDEX KEY: 0001445229 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 850290243 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53436 FILM NUMBER: 11711808 BUSINESS ADDRESS: STREET 1: 190 LAKEVIEW WAY CITY: VERO BEACH STATE: FL ZIP: 32963 BUSINESS PHONE: 772-231-7544 MAIL ADDRESS: STREET 1: 190 LAKEVIEW WAY CITY: VERO BEACH STATE: FL ZIP: 32963 FORMER COMPANY: FORMER CONFORMED NAME: Forex365, Inc. DATE OF NAME CHANGE: 20080915 8-K 1 v216028_8k.htm Unassociated Document

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: March 21, 2011


FUER INTERNATIONAL INC.
(Exact name of registrant as specified in charter)


Nevada
0-53436
84-0290243
(State or other jurisdiction of
incorporation or organization)
(Commission File No.)
(IRS Employer
Identification No.)

Neiwei Road,
Fulaerji District, Qiqihar,
Heiloingjiang, China, 161041
(011) 86 0452 6969150 
(Address and telephone number of principal executive offices)


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):
 
 
[ ] 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 5.02. – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers.

(d)  On March 21, 2011, the Board of Directors (the “Board”) of Fuer International Inc. (the “Company”) voted unanimously to appoint Chen, Huabang, age 47, as a director of the Company, effective immediately, to serve as a director of the Company until its next annual meeting of stockholders. The Board has determined that Mr. Chen is and independent director within the meaning set forth in the applicable rules, as currently in effect. The Company has agreed to pay Mr. Chen $20,000, plus reimbursement for all reasonable travel and other out-of-pocket expenses incurred in connection with his services as a director of the Company in 2011. The biographical information regarding the new director is listed below. On March 24, 2011, the Company issued a press release announcing the appointment of Mr. Chen to the Board, a copy of which is attached hereto as Exhibit 99.1.

On March 21, 2011, the Board voted unanimously to appoint Li, Zeyu, age 46, as a director of the Company, effective immediately, to serve as a director of the Company until its next annual meeting of stockholders. The Board has determined that Mr. Li is and independent director within the meaning set forth in the applicable rules, as currently in effect. The Company has agreed to pay Mr. Li $12,000, plus reimbursement for all reasonable travel and other out-of-pocket expenses incurred in connection with his services as a director of the Company in 2011. The biographical information regarding the new director is listed below. On March 24, 2011, the Company issued a press release announcing the appointment of Mr. Li to the Board, a copy of which is attached hereto as Exhibit 99.1.

There are no relationships or related transactions between either Mr. Chen or Mr. Li and the Company that would be required to be reported under Section 404(a) of Regulation S-K.

Since 2008, Mr. Chen has served as a visiting professor, doctoral advisor and the lead researcher of the Corn Breeding Innovation Team at the Shandong Agricultural University, and the director of the National Key Lab for Innovation of Staple Crop Seeds of Shandong Agricultural University. Additionally, Mr. Chen has served since 2008 as the technical director of the Shandong Fuanfeng Seeds Technologies Co., Ltd. Previously, From 2000 through 2007, Mr. Chen served as the leader of a research team of Institute of the Indiana Crop Improvement Association in America. During the research, Mr. Chen and his team built up a gene expression system which causes specific expressions of exogenous genes inside of soybean seeds, and registered four soybean peroxidase genes. Mr. Chen has also been granted the title of “Registered Genetic Technologist” by the Technical Committee of the Society when served as a member of such committee, and designed primers and probes for qualitative and quantitative detection of most genetic soybeans and corns approved by the US Ministry of Agriculture, including corn’s Bt11, Cry9C, MON810, GA21, MON863, NK603, T25, E176, T1507 and soybean’s RoundUp Ready. Mr. Chen received a Masters Degree in 1993 from Shandong Agricultural University, and a Doctoral Degree and Postdoctoral Degree in 1996 from Purdue University.

Since September 2010, Mr. Li has served as the President of the Daqing Branch of the Heilongjiang Academy of Agricultural Sciences. Previously, from December 2006 through August 2010, Mr. Li has served as the Vice President of the Daqing Branch of the Heilongjiang Academy of Agricultural Sciences. Mr. Li presided over the projects in “the Eighth Five-year Key Programs” of the Ministry of Science and Technology, “Introducing Advanced Agricultural Science and Technologies Program” of the Ministry of Agriculture and the Heilongjiang Provincial “China Spark Program.” From December 2000 through December 2006, Mr. Li served as the Deputy Head the Heihe Agricultural Science Institute of Heilongjiang Academy of Agricultural Sciences. Mr. Li received a MBA in Agricultural Materials Marketing from the China Agricultural University, a Graduate Degree from the Heilongjiang Northeast Agricultural University and a Undergraduate Degree from the Heilongjian Beian Agricultural School.

ITEM 9.01. – Financial Statements and Exhibits.

(d)
Exhibits

Exhibit No.
Description

99.1
Press release titled “Fuer International Announces Appointment of New Directors issued by Feur International Inc. on March 25, 2011.
 
 
 

 

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 hereto duly authorized.


Dated:    March 25, 2011

 
Fuer International Inc.
 
By: /s/ Zhang Li
Zhang Li
Chief Executive Officer

 
 
EXHIBIT INDEX
 
99.1
Press release titled “Fuer International Announces Appointment of New Directors issued by Feur International Inc. on March 25, 2011.

 
 

 
EX-99.1 2 v216028_ex99-1.htm Unassociated Document
EXHIBIT 99.1
 
Fuer International Announces Appointment of New Directors
 
 
QIQIHAR, China, March 25, 2011 /PRNewswire-Asia/ -- Fuer International Inc. ("Fuer" or the "Company") (OTC Bulletin Board: FRXT), a leading Chinese agricultural material company providing quality hybrid corn seeds, soybean seeds, rice seeds and fertilizer products to farmers in northeastern China., today announced the appointment of Mr. Chen Huabang, age 47, and Mr. Li Zeyu, age 46, as new directors of the Company, effective March 21, 2011.
 
"Mr. Chen and Mr. Li have an exceptional record of achievements in genetic and molecular plant breeding. The vast industry expertise of both Mr. Chen and Mr. Li will qualify them for their roles as directors of the Company, and their skills will immediately contribute to the Board's value and the Company's operations," commented Mr. Zhang Li, Chairman and Director of the Company.
 
Since 2008, Mr. Chen has served as a visiting professor, doctoral advisor and the lead researcher of the Corn Breeding Innovation Team at the Shandong Agricultural University, and the director of the National Key Lab for Innovation of Staple Crop Seeds of Shandong Agricultural University. Additionally, Mr. Chen has served since 2008 as the technical director of the Shandong Fuanfeng Seeds Technologies Co., Ltd. Previously, from 2000 through 2007, Mr. Chen served as the leader of a research team of Institute of the Indiana Crop Improvement Association in America. During the research, Mr. Chen and his team built up a gene expression system which makes specific expression of exogenous gene inside soybean seeds, and registered four soybean peroxidase genes. Meanwhile, Mr. Chen also was granted "Registered Genetic Technologist" by the Technical Committee of the Society when served as a member of the committee, and designed primers and probes for qualitative and quantitative detection of most genetic soybeans and corns approved by US Ministry of Agriculture, including corn's Bt11, Cry9C, MON810, GA21, MON863, NK603, T25, E176, T1507 and soybean's RoundUp Ready. Mr. Chen received a Masters Degree in 1993 from Shandong Agricultural University, and a Doctoral Degree and Postdoctoral Degree in 1996 from Purdue University.
 
Since September 2010, Mr. Li has served as the President of the Daqing Branch of the Heilongjiang Academy of Agricultural Sciences. Previously, from December 2006 through August 2010, Mr. Li has served as the Vice President of the Daqing Branch of the Heilongjiang Academy of Agricultural Sciences. Mr. Li presided over the projects in "the Eighth Five-year Key Programs" of the Ministry of Science and Technology, "Introducing Advanced Agricultural Science and Technologies Program" of the Ministry of Agriculture and Heilongjiang Provincial "China Spark Program". From December 2000 through December 2006, Mr. Li served as the Deputy Head the Heihe Agricultural Science Institute of Heilongjiang Academy of Agricultural Sciences. Mr. Li received a MBA in Agricultural Materials Marketing from the China Agricultural University, a Graduate Degree from the Heilongjiang Northeast Agricultural University and a Undergraduate Degree from the Heilongjiang Beian Agricultural School.
 
About Fuer International Inc.
 
Fuer International Inc. is a leading Chinese agricultural material company providing qualified hybrid corn seeds, soybean seeds, rice seeds and fertilizer products to farmers in Northeastern China, which is the most important agricultural region in the country. Through its 1,094 distributors and 3,430 outlets, the Company distributes its products to farmers located in Heilongjiang, Jilin, Northeast Inner Mongolia and the rest of China. Fuer International procures raw seeds through exclusive contracts with farmers in Heilongjiang, Jilin, and Northeast Inner Mongolia. It controls exclusive rights or patents to provide 10 varieties of corn seeds, 19 of soybean seeds and 14 of rice seed that adapt to different temperature zones and soil conditions in the region. China Golden has signed contracts with breeding bases of 16,474 acres, with an annual production capacity of 20 million kilograms and two fertilizer production lines with an annual production capacity of 50,000 tons. Fuer International has one pending patent on fertilizer, rights to four seed varieties and over 40 registered trademarks. For more information, please visit http://www.fuer.com.cn

 
 

 
 
Safe Harbor Statement
 
This press release contains certain statements that may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's beliefs, assumptions and expectations of the Company's future operations and economic performance, taking into account the information currently available to management. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties, some of which are not currently known that may cause actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial condition expressed or implied in any forward-looking statements. These forward-looking statements are based on current plans and expectations and are subject to a number of uncertainties including, but not limited to, the Company's ability to expand its Schisandra Tablets sales, ability to manage expansion of its operations effectively, and other factors detailed in the Company's annual report on Form 10-K and other filings with the Securities and Exchange Commission.  The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented herein.
 
CONTACT: Fuer International Inc. Mr. XING, YANZENG, +86-452-6919150, xingyanzeng@fuer.com.cn