China Redstone Group (PINK:CGPI)

China Redstone Group goes public via a reverse merger on February 12, 2010.

Company Snap Shot:

A private cemetery developer and provider of cemetery products and services in Chongqing, China. All of the plots of its first cemetery development project, the 66,660 square meter Chongqing Guiyuan Cemetery I, have been sold, and it is currently developing the Chongqing Guiyuan Cemetery II on over 666,000 square meters of land.

Financial Snap Shot: Reference 8k Filing which include forecast out to 2011.

• For the nine months ended December 2009, net revenues reached approximately $24.1 million with net income of $9.2 million. (ProForma EPS= $0.70)
  
• For the year ended March 30, 2009, APBY reported net revenues of approximately $18.3 million and net income of $5.49 million. (ProForma EPS= $0.42)
• 2010 net income guidance is $13.1 million (ProForma EPS= $0.99)
• 2011 net income guidance is $15.9 million (ProForma EPS= $1.20)

Post Merger Share Calculation:

• 13,075,000: Pre reverse merger outstanding shares
• 10,875,000: Shares cancelled as part of the Share Exchange
•   8,800,000: Newly issued shares of Common Stock
•   1,402,262: Shares associated with private placement
•     701,126 : Shares from warrants associated with private placement
•       70,114 : Shares from warrants issued to private placement agents.

GeoTeam® best effort calculation of total post reverse merger outstanding shares assuming full conversions:  13,173,502