Vastland Holdings (Beijing) Co. Ltd.

 

 

In July 2007 Vastland Holdings (Beijing) Co. Ltd. ("Vastland") was formed as a Wholly Owned Foreign Entity ("WOFE") incorporated in the People's Republic of China through a Singapore-domiciled company VoIUM Communications Pte Ltd.

Vastland is registered as a high-tech industry Company in China. This entity enables foreigners to legally operate and move funds in and out of China through an established banking relationship with HSBC.

Sino Beyond Limited

 

 

In July 2009 CHVC acquired Sino Beyond Limited, a Hong Kong company. Shortly after the acquisition, CHVC injected company valuable assets into this entity which have been certified by Certified Public Accountants, BDO Limited. During 2010 CHVC plans to use Sino Beyond's securities to acquire complementary Chinese businesses to support CHVC's current China operations.

Candidsoft Technologies Company Ltd. of Beijing, Inc.

 

 

Candidsoft Technologies Company Ltd. of Beijing, Inc. (Candidsoft), is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses "SKY O/A" as the product trademark and separates its proprietary and copyrighted products into three general categories: O/A Cooperative Office Solutions, O/A Integrated Office Solutions, and O/A Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China's first copyrighted Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed for flexibility and may be easily modified or extended to meet the specific needs of each Chinese Government Agency or Large Enterprise Companies. SKY O/A™ uses web-based technology and allows multiple workers to collaborate on a single project. The Company also provides a SKY O/A version with fully integrated VoIP or digital voice telephone services which is referred to as a "seat". The SKY O/A™ Office Automation platform currently supports over one million users in China.

Wize Prepaid, Inc

 

 

Wize Prepaid, Inc is a top provider of low cost prepaid calling cards to make international long distance calls. The company has built its reputation on providing high quality with great customer service at one of the nation's most competitive prices. Wize branded prepaid calling cards are sold nationwide through regional master distributors.

CVC GLOBALCALL, INC

 

 

CVC GLOBALCALL, INC serves fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity. The Company's Network Operations Center (NOC) is fully manned 24 x 7. Our NOC is a secure location that contains battery backup and power generators to eliminate electrical outages, and several rack-mounted servers and other equipment needed to support our network. The NOC monitors all aspects of the technical environment, from its extensive backbone to network routers, SIP proxies, numerous routing gateways and soft switches. The Company's network consists primarily of communications services providers that buy and sell international voice minutes through our enhanced services platform. Most of the Company's business is generated by us acting as a cost-effective middleman to direct connections. In this very fluid and ever changing business, rates change frequently as do the availability of quality routes. The Company focuses on selling high volumes of international termination business. The Company has Network Operations Centers located in Tampa and Boca Raton, Florida. Additional information on the company may be found at www.CVCGLOBALCALL.com.

Our Current Revenue Sources

How We Offer Our China Services

In the past, Candidsoft's sales model was to sell the use of SKY O/A to its customers and configure, integrate and customize each installation to meet each customer's specific needs on a contract by contract basis. During the last 18 months Candidsoft has transitioned to an Application Service Provider (ASP) model -sometimes referred to as "hosted" or a rental model - to provide reoccurring monthly revenue rather than the one time contract sale model of the past. This provides a growing and predictable revenue stream from a large installed base that helps to maximize and provide consistent service revenue even during turbulent economic periods.

The government agencies that make up the majority of Candidsoft's current contracts and future expected revenue are the National Anti-Poverty Organization (NAPO), Navigation Affairs Administration, and the Guang Xi Land Transport Bureau (GXT). In addition, the Company also has a contract with a private company called GuangXi ChaoDa Group ("ChaoDa"). ChaoDa is recognized as a member of the Chinese Service Industry 500, the Chinese Transportation 100, the Chinese Land Transportation 100 and the GuangXi Enterprise 50 Companies.

China Backlog

We currently have five contracts with three large government agencies in China that call for the installation of 103,000 seats. Today, a seat consists of a SKY O/A office automation license and configuration and IP Phone/ ITA VoIP end device or GSM terminal to deliver telephone services. The Company has installed approximately 1,000 seats, trained two groups of CUC personnel for installation and customer support. Over recent months the deployment of VoIP telephone services by China Unicom has been slower than anticipated due to quality of service problems with China's Internet as well as the quality of IP network hardware utilized throughout the Country. For this reason, we are working closely with China Unicom and China Mobile to utilize its wireless GSM system as an alternative to the VoIP telephone services for our contract deployments.