VALUE EXCHANGE INTERNATIONAL, INC. (OTCMKTS:VEII) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure
Value Exchange International, Inc., a Nevada corporation and holding company, (“Company”) issued a press release today announcing that it had commenced implementation of a customer self-checkout point of sale system for the largest Chinese healthcare and beauty retailer. The Company estimates that the initial launch will involve approximately 3,000 retail stores in China and 300 retail stores in Hong Kong.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
to General Instruction B.2 of Form 8-K, the information in this Item 7.01 and Item 8.01 below of Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 8.01 Other Events
The disclosures set forth in Item 7.01 Regulation FD Disclosure above are incorporated into this Item 8.01 Other Events.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
Exhibit Description |
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99.1 |
Press Release, dated 29 September 2017, issued by Value Exchange International, Inc. regarding POS Implementation for Asian Health Care and Beauty Retail Chain |
Value Exchange International, Inc. ExhibitEX-99.1 2 f8k100317_ex99z1.htm EXHIBIT 99.1 PRESS RELEASE,…To view the full exhibit click here
About VALUE EXCHANGE INTERNATIONAL, INC. (OTCMKTS:VEII)
Value Exchange International, Inc., formerly Sino Payments, Inc., is a credit card processing and merchant-acquiring services company. The Company provides credit card clearing services to merchants and financial institutions in the People’s Republic of China (PRC). It provides Internet protocol (IP) processing services in Asia to bank card-accepting merchants. The Company markets its services to local merchants with regional retail locations across Asia Pacific. The Company, through its subsidiaries, is engaged in providing information technology services and solutions, which consists of select services and solutions in computer software programming and integration, computer systems, Internet and information technology systems engineering, consulting, and administration and maintenance, including e-commerce and payment processing.
