Company Overview
Vortex Resources Corp (VXRC.OB) is a publicly traded independent emerging resources company. The Company's focus is on the acquisition, exploration, and development of undervalued assets. The Company's objective is to find, acquire and develop resources at the lowest cost possible and recycle its cash flows into new projects yielding the highest returns with controlled risk. The company competencies include financial services, mergers and acquisitions, accounting, real estate development, and natural resources exploration. The company was established in 1992 and is headquartered in Beverly Hills, California.
Corporate Strategy
Acquisition of Natural Resources and Land
Vortex Resources seeks to accumulate natural resources throughout the world for production and hedging purposes. By controlling the natural resources and land necessary for business the company can control its own destiny as it grows in the future.
Best in Class Products
Vortex Resources in conjunction with the YaSheng Group strives to exceed International standards for all products. These goals are attained through a modern organizational structure that seeks out new technologies and higher education and training throughout the organization. The company has been honored with many Industry, Technology, and Quality awards.
US Distribution via YaSheng Asia Pacific Cooperative Zone
The company is actively seeking out partners to establish manufacturing facilities in the United States. The strategy will be to import unfinished goods and complete production in the United States. The goal will be to create the highest quality goods along with an efficient time/cost to market in order to provide the greatest value to our customers.
International Distribution via Cooperative Zones throughout the World
These distribution centers and offices will be strategically located to provide headquarters and distribution in centralized key locations throughout the world for the companies who participate There are currently 50 companies from Gansu province that have committed to participate in the Cooperative Zone in the United States we believe these same companies will participate in the Cooperative Zones around the world as well. In addition, we believe more companies will participate once the facilities are operational. The Cooperative Zones will provide economies of scale for the companies in areas including sales, marketing, customer service, product completion, administration, product storing and tracking among other custom services.
International Joint Ventures for Product Completion
Once the company establishes Cooperative Zones around the world it plans to seek out partners to establish manufacturing facilities in around the World. The goal is to import the unfinished goods and complete production at the location of the cooperative zone. The goal is to be able to create the highest quality goods along with an efficient time/cost to market in order to provide the greatest value to our customers.
Deals
ITFI
ITFI owns the mineral rights for 481 acres in Woodward County, Oklahoma. The company currently has 2 wells that have been drilled. This acreage is currently being explored via a joint venture agreement with Chesapeake Exploration Limited, which is entitled to drill up to five wells. Chesapeake Exploration Limited is a subsidiary of Chesapeake Energy (NYSE: CHK), which is the number one producer of natural gas in the nation and the most active driller of new wells in the U.S.
Woodward County, OK
Located in northwestern Oklahoma, Woodward County encompassed 1246.01 square miles of land and water area. Petroleum exploration and drilling first took place, unsuccessfully, in Woodward County in 1903 and 1905 and recurred in the World War I years, again with little result other than temporary booms for small towns. In November 1956, however, a producing gas well was brought into production west of Woodward. Oil production gave the economy a much-needed transfusion and boosted Woodward's population but not that of the county, which nevertheless declined overall to 14,383 in 1950 and 13,902 in 1960. Other industry included a plant that extracted iodine from oil-field brine, constructed north of Woodward in 1975, which soon provided nearly 14 percent of the nation's supply of that gas.
Asian Pacific Trade Zone Overview
The goal of this venture is to build an international platform for driving Gansu Province and other Chinese Province's overseas investment enterprises and exports. The project will be positioned to combine the agricultural and industrial advantages of the Gansu Province with the logistics and distribution services of the Cooperation Zone's service platform to provide a basis for expanding markets through local representation. The projected economic impact on the company are Annual Sales income of almost $70 million with $21 million coming from import and export freight income, $16, million coming from domestic direct sales, $15 million from lease agreements with participating companies and the remaining $22 million coming from the sales of pharmaceutical and drip irrigation products.
The projected is currently scheduled for construction to begin in 2009. The location of the project is in The California Enterprise Zone in the Southern California. This strategic location provides easy access to all major export transportation services. The port of Long Beach & Los Angeles are within 45 minutes of the location and linked by a high speed container rail system. The Southern California Logistics Airport is just 15 minutes south of the location with a full range of global logistics services (rail, truck, air, and container link to the two ports in Los Angeles County.
Yasheng Group Company Overview
Yasheng Group (The Company) is a U.S. holding company that conducts primarily agricultural operations in the rapidly growing market of China. Yasheng is one of China's leading producers and marketers in the agriculture industry. The Company produces over 51 major products in the Northwest of China, seven of which have received the national 'Green Award' for meeting the environmental and health quality standards. The Company's products are sold in China and as well exported to the U.S., Canada, Australia, Pakistan, Iran, and many other countries in Europe and Asia. Our major customers include well-known companies; Tsingtao Beer, KFC, and McDonalds, among others. GanSu Yasheng Salt Group Company Ltd., the parent company of Yasheng Group, was originated as an agriculture, biotechnology, and chemicals in the North West of China. The company soon became a leader in Agro, Bio, and Chemical industries with focus on key business lines in core commodities and strategically acquiring related companies. Originally the company grew to 9 major groups with over 136 operations over 20 years.
Three principles have driven the company to its success:
- Consistent focus on product lines meeting market demands.
- Total quality management within organization and the ability to implement innovation
- Research and development capabilities and strong relationships within the business and government community.
In 1998 the GanSu Yasheng Salt Group formed a group of leading companies to become GanSu Yasheng Industrial Group to list on the Shanghai Exchange (600108) to capitalize and fuel the company's expansion within China. In 2003 GanSu Yasheng Salt Group began its 5 & 10 year plan to reorganize the entire company to expand internationally. Yasheng Group was formed in preparation to access the U.S. capital markets. The company established U.S. headquarters and began to expand with western management, access to new markets, and develop a logistics center to establish a presence in North America. The process to restructure the company and meet the compliance requirements for a listing on a public exchange began. Yasheng Group has completed the U.S. GAAP 'PCAOB' audits of its 7 subsidiaries, as the Agro Base to be listed on a major exchange in the U.S. These are initial entities, as YaSheng Group U.S.A., are to become fully reporting and compliant, moving to a major exchange eventually. GanSu YaSheng Salt Group continues reorganizing bringing more of their companies in line with international standards for expansion and international finance. The companies' long term strategy is to create a diversified platform to capitalize growth in key agro, bio, and chemical industries.
China's growing population and increasing demand for food, along with favorable policies from the central government, it has created favorable environment for Yasheng to grow its operations and businesses within China. The company's has dedicated considerable amount of resources in bringing advanced technologies to expanding its product lines and improved yield.
Yasheng Group employs over fifteen thousand employees with offices in the U.S. and China. The company reported USD $656 million in revenue in 2007, and net income of USD $71 million.
The Yasheng growth plan is to capitalize on its longstanding market leadership in the Chinese agriculture industry. At the same time, the Company is poised to expand further into the global market through organic growth and merger and acquisitions.
Legend Transportation Group Overview
Legend Logistics is a hybrid transportation provider that focuses on improving internal logistics processing to reduce costs on a shipment by shipment basis with a suite of offerings. Backed by an extensive network of carriers as well as our own fleet of GPS-equipped trailers, we offer our customers multiple options to reduce both hard and soft cost over multiple modes of transportation. Legend Logistics institutes 'best in class' practices across multiple modes of transportation. Legends ultimate goal is to offer every customer the opportunity to achieve the highest level of efficiency with their transportation program. We achieve this with a combination of technology offerings that can accommodate both small shippers as well as large multi-modal use corporations.
Legend Logistics has a very strong transactional platform with over 5,000 LTL, truck load, and special needs partners to move freight around the world 24 hours a day 7 days a week.
Logistics Advantage:
- Technology maximizes visibility to all modes of transportation
- Purchasing volume is passed on to customers to provide the best rates
- Shipments follow corporate rules that look for lowest cost/best service/financially soluble companies
- Continues benchmarks are set for rates, performance and service
- Continuous education and communication process to ensure transparency process to all departments
Brokerage Advantage:
Web based transportation management systems over multiple modes of transportation.
Multiple transportation skills sets that include shipment expertise with expedited, ground, air, LTL, truckload. Expertise includes NAFTA arena with special offerings over Juarez, Laredo, Nogales, gateways.
Thirty LTL carriers contracted with volumes leveraged to help emerging companies compete in competitive market place. Truck load brokerage data base that includes 4000 carriers on all types of equipment including oversize and permit loads. Project Logistics: Legends staff has over 100 years of combined project logistics experience. Expertise linked to multiple industry segments that include retail store openings, mining, high tech plant movement, gas - oil industry, energy industry.
Truck Load Brokerage - Hybrid Model:
Legend Logistics utilizes a hybrid model linked to Truck load brokerage. As a predominately non asset based provider we are able to find the best solution for companies based on the numerous variables that affect customer's every day. Legend selects from our network of over 4,000 transportation service providers across the United States and Canada.
Our asset based model is linked to the NAFTA arena specifically in the Laredo gateway. Legend posses 50 trailers in the Laredo market that are utilized for pick up in the Interior of Mexico. All trailers are satellite tracked in the interior of Mexico from the time of pick up until the time of delivery.
Legend realized the power of LegendLTL.com so we created Legendtruckload.com with links to our web based TMS system for customers to shop for rates. This system will uniquely offer customers the ability to send mass emails to carriers as well as hold internal rate auctions with providers with visibility all under one web portal.
Truck Load Service Overview:
- 50 asset based trailers that move into the Mexican interior
- Leveraged buy rates to help reduce cost
- Brokerage model that offers extreme flexibility
- 4,000 carriers web linked to Legends' internal systems
- Project logistics experience on large truck load programs
- Web based truck load portal to manage T load program
- Internal web based system linked to driver load boards
- Web based system that conducts truck load auctions
