UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2011
Commission File Number: 001-34168
PANSOFT COMPANY LIMITED
(Translation of registrant's name into English)
3/F Qilu Software Park Building
Jinan Hi-Tech Zone
Jinan, Shandong,
People's Republic of China 250101
86-531-88871166
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ___________
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ___________
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ___________.
EXHIBIT INDEX
Number Description of Exhibit
______ ________________________________________________________________________
99.1 Press release, dated March 14, 2011, titled "PANSOFT EXTENDS
SHARE-REPURCHASE PROGRAM"
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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.
PANSOFT COMPANY LIMITED
Date: March 14, 2011 By: /s/ Allen Zhang
_______________________________
Allen Zhang
Chief Financial Officer
EX 99.1
Pansoft Extends Share-Repurchase Program
JINAN, CHINA, Mar 14, 2011 -- Pansoft Company Limited (NASDAQ: PSOF) ("Pansoft"
or the "Company"), a leading ERP software service provider for the oil and gas
industry in China, today announced that the Company has extended the stock
repurchase program announced in October 2010 for an additional indefinite
period.
On October 29, 2010, Pansoft announced that its Board of Directors had
authorized a share repurchase program, under which the Company could acquire up
to $1 million of its common shares over the following 3 months. Through January
28, 2011, Pansoft repurchased 69,400 common shares, for a total value of
approximately $296,915, through open-market repurchases. These purchases
represent an average price of $4.28 per share. On March 1, the Board of
Directors extended the program for an indefinite period. The shares were
repurchased in accordance with Rule 10b-18, and they will be used to fund the
ITLamp acquisition.
"Extending our share-repurchase program illustrates our commitment to drive
long-term value for our shareholders. We remain confident in the long-term
growth potential of our company and our ability to generate positive cash flow,"
said Mr. Hugh Wang, Pansoft's Chairman.
About Pansoft Company Limited
Pansoft is a leading enterprise resource planning ("ERP") software and
professional services provider for the oil and gas industry in China. Its ERP
software offers comprehensive solutions for various business operations
including accounting, order processing, delivery, invoicing, inventory control,
and customer relationship management. For more information, go to Pansoft's
website at http://www.pansoft.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements concerning Pansoft
Company Limited, which include but are not limited to, statements regarding
Pansoft's ability to expand its service offerings and maintain leadership as a
provider of ERP software and services for the oil and gas industry in China. The
actual results may differ materially depending on a number of risk factors
including but not limited to, the following: general economic and business
conditions, development, shipment and market acceptance of products, additional
competition from existing and new competitors, changes in technology or product
techniques, the Company's ability to successfully integrate acquisitions, its
ability to repurchase shares, share-repurchase plans, and various other factors
beyond its control. All forward-looking statements are expressly qualified in
their entirety by this Cautionary Statement and the risk factors detailed in the
Company's reports filed with the Securities and Exchange Commission. Pansoft
Company Limited undertakes no duty to revise or update any forward-looking
statements to reflect events or circumstances after the date of this release.
Company Contact:
Pansoft Company Limited
Allen Zhang
Chief Financial Officer
Phone: +86-531-8887-1159
E-mail: allen.zhang@pansoft.com
Investor Contact:
CCG Investor Relations
Mr. John Harmon
CFA, Sr. Account Manager
Phone: +86-10-6561-6886 Ext. 807 (Beijing)
E-mail: john.harmon@ccgir.com
SOURCE: Pansoft Company Limited