Business Develop Sol (PINK:BDEV)

BDEV completes reverse merger transaction a Chinese B2B e-commerce travel services and technology company.

The company's revenue grew by 945% in the year ended December 31, 2008 to $793,481, from $75,922 in the year ended December 31, 2007. Our net income decreased by 714% in the year ended December 31, 2008, to a net loss of $117,543, from a net income of $19,149 in the year ended December 31, 2007, due to a significant increase in our general and administrative expenses in connection with the significant ramping up of our operations in 2008. Our gross margin was 23% for the year ended December 31, 2008.

Source: SEC Form 8K (March 30, 2009)