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SHI Corp (PK:SHCC)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 35 W Broadway Ste 104
SALT LAKE CITY UT 84101-2187
Tel: N/A
Website: www.shi-corp.com
IR: See website
Key People
James Anderson
Chief Executive Officer, President, Director
   
Business Overview
SHI Corp is a holdings company, which contributes to the global environment through partnerships and support to large and small businesses, mainly in the environmental sector. The Company's main business are locations in the United States and Japan. Its network also expands to Spain, Brazil, Australia, Indonesia, Malaysia, Thailand, China, Mongolia, South Korea, and Africa. The Company is a holding company of SHI group, including its operating subsidiary, Ecoindex Co. Ltd., in Tokyo, Japan. The principal business and prospective product of SHI group includes Super Paulownia tree. Super Paulownia tree has an absorbing capacity of carbon dioxide (CO2) and the power for regeneration of trees. Paulownia timber has low energy conductivity and thermal characteristics, producing a type of air conditioner effect when used as a building material.
Financial Overview
For the nine months ended 30 June 2008, SHI Corp revenues was not reported. Net loss totaled $129K vs. income of $148K. Net loss reflects Gain on Settlement of Debt decrease from $180K (income) to $0K, Interest Expense increase from $19K to $42K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $1.60 to -$0.02.