UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
Amendment No. 1
(Mark One)
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| QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2009 |
o |
| TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from _______ to _______ |
Commission file number: 001-34577
ORIENT PAPER, INC.
______________________________________________________ |
(Exact name of small business issuer as specified in its charter) |
| Nevada | 20-4158835 | ||
| (State or other jurisdiction of incorporation or | (IRS Employer identification No.) | ||
| organization) | |||
Nansan Gongli, Nanhuan Rd, Xushui County, Baoding City
Hebei Province, The People’s Republic of China 072550
(Address of principal executive offices)
011 - (86) 312-8605508
(Registrant’s telephone number, including area code)
Indicate by check mark whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer o | Accelerated filer o |
| Non-accelerated filer o (Do not check if a smaller reporting company) | Smaller reporting company x |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.): Yes o No x
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Check whether the registrant filed all documents and reports required to be filed by Section l2, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. Yes o No o
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: 45,106,987 shares of common stock, $.001 par value, were outstanding as of May 14, 2009.
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EXPLANATORY NOTE
This Amendment No. 1 on Form 10-Q/A is being filed solely to:
| (1) | file English versions of the following exhibits: |
10.1 |
| Loan Agreement, dated December 31, 2006, by and between Zhenyong Liu and Hebei Baoding Orient Paper Milling Company Limited. |
10.2 |
| Loan Agreement, dated August 1, 2008, by and between Shuangxi Zhao and Hebei Baoding Orient Paper Milling Company Limited. |
10.3 |
| Loan Agreement, dated August 5, 2008, by and between Xiaodong Liu and Hebei Baoding Orient Paper Milling Company Limited. |
10.4 |
| Loan Agreement, dated January 21, 2009, for a loan of RMB13,000,000, by and between Industrial & Commercial Bank of China, Xushui Sub-branch and Hebei Baoding Orient Paper Milling Company Limited. |
10.5
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| Short Term Credit Facility Extension Agreement, dated January 23, 2009, by and between United Commercial Bank (China) Limited and Hebei Baoding Orient Paper Milling Company Limited. |
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| (2) | modify “Item 4. Controls and Procedures” to clarify that our management determined that our disclosure controls and procedures are effective to ensure that information required to be disclosed in the reports required to be filed or submitted under the Exchange Act is accumulated and communicated to the our management, including our chief executive officer and chief financial officer, to allow timely decisions regarding required disclosure; and |
| (3) | revise our Section 302 certifications on Exhibits 31.1 and 31.2 to comply with the language required by Item 601(31) of Regulation S-K. |
Item 4. | Controls and Procedures. |
Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e)) under the Exchange Act) that is designed to ensure that information required to be disclosed by the Company in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time specified in the Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
Pursuant to Rule 13a-15(b) under the Exchange Act, the Company carried out an evaluation with the participation of the Company’s management, including Zhenyong Liu, the Company’s Chief Executive Officer (“CEO”), and Winston C. Yen, the Company’s Chief Financial Officer (“CFO”), of the effectiveness of the Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the three months ended March 31, 2009. Based upon that evaluation, the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures are effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms. Our chief executive officer and chief financial officer also concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed in the reports required to be filed or submitted under the Exchange Act is accumulated and communicated to the our management, including our chief executive officer and chief financial officer, to allow timely decisions regarding required disclosure.
Changes in internal controls
Our management, with the participation of our CEO and CFO, performed an evaluation as to whether any change in our internal controls over financial reporting occurred during the quarter ended March 31, 2009. Based on that evaluation, our CEO and CFO concluded that no change occurred in the Company's internal controls over financial reporting during the quarter ended March 31, 2009 that has materially affected, or is reasonably likely to materially affect, the Company's internal controls over financial reporting.
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Item 6. | Exhibits. |
| (a) | Exhibits |
10.1 |
| Loan Agreement, dated December 31, 2006, by and between Zhenyong Liu and Hebei Baoding Orient Paper Milling Company Limited. |
10.2 |
| Loan Agreement, dated August 1, 2008, by and between Shuangxi Zhao and Hebei Baoding Orient Paper Milling Company Limited. |
10.3 |
| Loan Agreement, dated August 5, 2008, by and between Xiaodong Liu and Hebei Baoding Orient Paper Milling Company Limited. |
10.4 |
| Loan Agreement, dated January 21, 2009, for a loan of RMB13,000,000, by and between Industrial & Commercial Bank of China, Xushui Sub-branch and Hebei Baoding Orient Paper Milling Company Limited. |
10.5
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| Short Term Credit Facility Extension Agreement, dated January 23, 2009, by and between United Commercial Bank (China) Limited and Hebei Baoding Orient Paper Milling Company Limited. |
31.1 |
| Certification Required Under Section 302 of Sarbanes-Oxley Act of 2002. |
31.2 |
| Certification Required Under Section 302 of Sarbanes-Oxley Act of 2002. |
32.1 |
| Certification Required Under Section 906 of Sarbanes-Oxley Act of 2002. |
32.2 |
| Certification Required Under Section 302 of Sarbanes-Oxley Act of 2002. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| ORIENT PAPER, INC. | |
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Dated: February 1, 2010 | By: | /s/ Zhenyong Liu |
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Name: Zhenyong Liu | |
| Title: Chief Executive Officer | |
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Dated: February 1, 2010 | By: | /s/ Zhenyong Liu |
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Name: Winston C. Yen | |
| Title: Chief Financial Officer | |
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