Yinhang Internet Technologies Development Inactive
Filed: 9 Feb 11, 12:00am
PARSONS/BURNETT/BJORDAHL/HUMELLP
_________________________________
ATTORNEYS
James B. Parsons
jparsons@pblaw.biz
VIA FACSIMILE (703-813-6968)
February 9, 2011
Pamela A. Long
Assistant Director
Division of Corporation Finance
U.S. Securities and Exchange Commission
100 F Street NE
Washington, D.C. 20549
Re: GreenChoice International, Inc.
Pre-effective Amendment 10 to Registration Statement on Form S-1
Filed January 7, 2011
File No. 333-167879
Dear Ms. Long:
This letter is in response to your comment letter dated January 20, 2011, with regard to the amendments to the Form S-1 filing of GreenChoice International, Inc., a Nevada corporation (“GreenChoice” or the "Company") filed on January 7, 2011.
Dilution, page 12
1.
The following table shows the calculations used for determining the dilution figures.
| 100% | 75% | 50% | 10% |
Net Tangible Book Value Per Share Prior to Stock Sale | 0.0040 | 0.0040 | 0.0040 | 0.0040 |
Net Tangible Book Value Per Share After Stock Sale | 0.0089 | 0.0085 | 0.0080 | 0.0047 |
Increase in net book value per share due to stock sale | 0.0049 | 0.0045 | 0.0040 | 0.0007 |
Loss (subscription price of $0.01 less NBV per share) | 0.0011 | 0.0015 | 0.0020 | 0.0053 |
Net assets |
| 1,781 | 1,781 | 1,781 | 1,781 |
plus % of proceeds | 100,000 | 100,000 | 75,000 | 50,000 | 10,000 |
Total Net Assets |
| 101,781 | 76,781 | 51,781 | 11,781 |
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Original Shares |
| 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 |
Diluted shares % | 10,000,000 | 10,000,000 | 7,500,000 | 5,000,000 | 1,000,000 |
Total Shares |
| 11,500,000 | 9,000,000 | 6,500,000 | 2,500,000 |
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Suite 1850 Skyline Tower, 10900 NE 4th Street, Bellevue, WA 98004ŸT (425) 451-8036 ŸF (425) 451-8568Ÿwww.pblaw.biz
_________________________________________________________________
A Limited Liability Partnership with offices in Bellevue and Spokane
Ms. Pamela Lang
Division of Corporation Finance
Securities and Exchange Commission
January 9, 2011
Page2 of 2
Total Net Assets Divided By Total Shares | 0.0089 | 0.0085 | 0.0080 | 0.0047 | |
Plan of Operations, page 43
2.
The S1 has been refiled with the informal verbal agreement attached as an exhibit.
Please contact this office with any further comments or questions. We are filing the redlined version and this letter on EDGAR correspondence. I would appreciate if you would send any further responses directly to me electronically or via facsimile, so I may assist GreenChoice in a prompt response. If the SEC has no further comments, we expect to file a request for acceleration of the effective date.
Thank you in advance for your courtesies.
Very truly yours,
PARSONS/BURNETT/BJORDAHL/HUME, LLP
/s/ James B. Parsons
James B. Parsons
JBP:aqs