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Last $2.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
GOAS On Other Exchanges
As of 8:10 PM 03/13/15 All times are local (Market data is delayed by at least 15 minutes).

xiangtian air power co ltd (GOAS) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/29/14 - $4.06
52 Week Low
03/12/15 - $2.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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xiangtian air power co ltd (GOAS) Details

Xiangtian (USA) Air Power Co., Ltd. engages in developing compressed air energy storage power generation systems. It utilizes a proprietary compressed air energy storage power generation technology that could operate in conjunction with electricity produced by other alternative energy sources, such as solar, wind, geothermal, and tidal as raw power to generate additional electricity without the use of fossil fuels. The company’s principal product is a system that combines air compression power generation systems with a photovoltaic (PV) installation for industrial users, such as factories and power plants. It also offers PV systems without the air compression generation technology; and develops a prototype for standalone home, smaller factories, and commercial structures. The company was formerly known as Goa Sweet Tours, Ltd. and changed its name to Xiangtian (USA) Air Power Co., Ltd. in May 2012. Xiangtian (USA) Air Power Co., Ltd. was founded in 2008 and is based in Causeway Bay, Hong Kong.

82 Employees
Last Reported Date: 11/20/14
Founded in 2008

xiangtian air power co ltd (GOAS) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: --
Chairman of The Board and General Manager
Total Annual Compensation: --
Acting Chief Financial Officer, Chief Operati...
Total Annual Compensation: --
Vice General Manager and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

xiangtian air power co ltd (GOAS) Key Developments

Xiangtian (USA) Air Power Co., Ltd. announced delayed 10-Q filing

On 12/15/2014, Xiangtian (USA) Air Power Co., Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Xiangtian (USA) Air Power Co., Ltd. announced delayed annual 10-K filing

On 10/29/2014, Xiangtian (USA) Air Power Co., Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Xiangtian (USA) Air Power Co., Ltd. Announces Management Changes

Xiangtian (USA) Air Power Co., Ltd. announced that on July 29, 2014, Mr. Zhou Deng Rong submitted a letter to the Board of Directors of the company resigning from the positions of Chief Executive Officer and Director, effective on such date. Mr. Zhou resigned due to uncertainty about a Chinese government investigation into an offering of securities to Chinese investors by an entity not affiliated with the company, but which securities were later exchanged for common stock of the Company in September 2013. On July 20, 2014, Mr. Zhou received a verbal summons from the Public Security Bureau for investigation assistance purposes and Mr. Zhou has been responding to questions by the authorities. Effective as of July 29, 2014, the Board appointed Mr. Zhiqi Zhang as the company's Chief Executive Officer, Roy Thomas Phillips as the company's Chief Operating Officer and Acting Chief Financial Officer and Zhou Jian, who has served as a Director since June 2012, as the Chairman of the Board of Directors. Mr. Zhang, age 50, has been an attorney with Heibei Jianan Law Firm that has served as outside general counsel since May 2013 and the outside general counsel of Sanhe City Lucksky Electrical Engineering Co., Ltd. since January 2014. Mr. Zhang has approximately 22 years' experience as an attorney in China. Mr. Phillips, age 45, has served as a consultant to an affiliate of LuckSky Holding (Group) Co. Ltd. since May 2013. From October 2009 to the present, Mr. Phillips directed the business development of clients who's operations were typically based in China and worked as a consultant to the U.S. Federal government in international development programs in S.E. Asia and Africa. Mr. Zhou, age 35, has served as a member of Board of Directors since June 2, 2012, as General Manager since May 15, 2012 and as the Executive Director of Sanhe since April 12, 2014. From January 2005 to the present, Mr. Zhou has been the Chief Financial Officer of Hong Kong Xiangtian International Investment Group Co., Ltd.


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