The group's principal activities include acquisitions. On 20/07/2005, Vorsatech Ventures, Inc. (OTC BB: VVIN) announced that it has entered into a Share Exchange Agreement whereby the company will issue 48,879,500 shares of its common stock in exchange for all of the issued and outstanding shares of Synutra, Inc., an Illinois corporation that owns all the registered capital of six foreign owned companies organized under the laws of the People's Republic of China. (Vorsatech Ventures, Inc. has agreed to acquire 100% of Synutra Inc.). Synutra is a U.S. incorporated company that owns 100% of six subsidiary companies in China, which are all engaged in the production, distribution and sales of infant formulas based on dairy products. Synutra's extensive sales network covers 24 provinces, 227 cities and more than 800 counties throughout China. The company's products can be purchased in over 11,800 retail stores within China.
http://press.arrivenet.com/entertainment/article.php/671770.html
http://uk.sys-con.com/read/112372.htm
http://biz.yahoo.com/e/051115/syut.ob10qsb.html
