SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
September 10, 2007
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Date of Report (Date of earliest event reported)
SOYO GROUP, INC.
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(Exact name of registrant as specified in its charter)
Nevada 333-42036 95-4502724
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1420 South Vintage Avenue
Ontario, California 91761-3646
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(Address of principal executive offices, including zip code)
(909) 292-2500
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
Item 8.01 Other Events
Ming Chok, Chief Executive Officer, sent a letter to shareholders over the
weekend. The purpose of the letter was to update shareholders of all current
events at the Company, and plans for the future. Highlights included:
A projection of 2007 fully diluted earnings per share of seven to eight cents.
The Company currently meets all criteria for listing on the American Stock
Exchange except share price. The Company plans to list on the AMEX as soon as
possible.
The roll out of the first products created by the Honeywell Consumer Products
division will take place in 2007. First products to be released will be portable
hard drives and various sized computer monitors featuring web cams, microphones
and various other features. Additional product roll outs, including LCD
televisions, are scheduled for 2008.
The Company issued a press release on Monday, September 10, 2007 containing a
summary of the letter to shareholders. The entire letter can be found on the
SOYO Group, Inc. web site at:
http://www.soyogroup.com/media/investors/shareholdersletter/
Shareholders_Letter_Sept.6.2007.pdf
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SOYO GROUP, INC.
(Registrant)
Date: September 10, 2007 By: /s/ MING CHOK
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Ming Chok, CEO
Date: September 10, 2007 By: /s/ NANCY CHU
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Nancy Chu, CFO