Attached files
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A1
(Mark One)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the quarterly period ended March 31, 2008
--------------
[_] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from _______ to _______
Commission file number 000-50760
---------
Sancon Resources Recovery, Inc.
(Exact name of small business issuer as specified in its charter)
Nevada 58-2670972
(State or other jurisdiction of (IRS Employee
incorporation or organization) Identification No.)
No 2 Yinqing Lu, Songjiang District,
Shanghai, China, 201615
(Address of principal executive offices)
(+86) 21 67756099
(Issuer's telephone number)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [_]
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
DURING THE PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required by Section
l2, 13 or 15(d) of the Exchange Act after the distribution of securities under a
plan confirmed by a court. Yes [_] No [_]
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:
Common Stock: par value of $0.001; 21,714,996 shares issued and outstanding on
March 31, 2008.
Transitional Small Business Disclosure Format (Check one): Yes [_] No [X]
EXPLANATORY NOTE
The purpose of this Amendment No. 1 on Form 10-Q/A is to respond to comments
received from the Securities and Exchange Commission's Division of Corporation
Finance in its letter dated July 01, 2009 regarding our previously filed
Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2008, filed
with the Securities and Exchange Commission ("SEC") on May 19, 2008 ("Original
Form 10-Q"). This amendment amends Item 3. "Controls and Procedures" to revise
management's conclusion as to the effectiveness of the Company's disclosure
controls and procedures as of March 31, 2008.
As required by Rule 12b-15 of the Securities Exchange Act of 1934, new
certifications by our Chief Executive Officer and Chief Financial Officer are
being filed as exhibits to this Amendment No. 1 on Form 10-Q/A under Item 6.
There are no other changes to the Original Form 10-Q thereto other than those
outlined above. Except as required to reflect the changes noted above, this
Amendment No. 1 on Form 10-Q/A does not attempt to modify or update any other
disclosures set forth in our Original Form 10-Q. Furthermore, this Amendment No.
1 on Form 10-Q/A does not purport to provide a general update or discussion of
any other developments of the Company subsequent to the filing of the Original
Form 10-Q.
2
Sancon Resources Recovery, Inc.
FORM 10-Q/A1
INDEX
PAGE
PART I. FINANCIAL INFORMATION 4
Item 3. Controls and Procedures 4
PART II. OTHER INFORMATION 5
Item 6. Exhibits 5
Signatures 6
3
PART I. FINANCIAL INFORMATION
ITEM 3. CONTROLS AND PROCEDURES
Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we
conducted an evaluation of the effectiveness of the design and operation of its
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities Exchange Act of 1934, as of the end of the period covered
by this report (the "Evaluation Date"). Based on this evaluation, our principal
executive officer and principal financial officer concluded as of the Evaluation
Date, that our disclosure controls and procedures were not effective.
Remediation
During April 2008, management implemented additional review procedures designed
to ensure that the disclosure provided by the Company meets the then current
requirements of the applicable filing made under the Exchange Act and
methodology to review the statements.
CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING
During the three months ended March 31, 2008, there were no changes in our
internal accounting controls or in other factors that materially affected our
internal controls over financial reporting.
4
PART II. OTHER INFORMATION
Item 6. Exhibits
The following list describes the exhibits filed as part of this Report on Form
10-Q/A1.
Exhibit Description of Document
Number Note
31.1 (1) Certification of Chief Executive Officer, pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.
31.2 (1) Certification of Chief Financial Officer, pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.
----------------------
(1) Filed herewith.
5
SIGNATURES
In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Sancon Resources Recovery, Inc.
Date: November 27, 2009
By: /s/ Jack Chen
--------------------------------
Jack Chen
Chief Executive Officer
In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
Sancon Resources Recovery, Inc.
Date: November 27, 2009
By: /s/ David Chen
--------------------------------
David Chen
Chairman
Date: November 27, 2009
By: /s/ Jimmy Yiu
--------------------------
Jimmy Yiu
Independent Director
Date: November 27, 2009
By: /s/ Cong Yuanli
--------------------------
Cong Yuanli
Independent Director
Date: November 27, 2009
By: /s/ Jack Chen
--------------------------
Jack Chen
Director
