Attached files
file | filename |
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8-K - SRKP 22 Inc | v188723_8k.htm |
EX-10.1 - SRKP 22 Inc | v188723_ex10-1.htm |
EX-99.2 - SRKP 22 Inc | v188723_ex99-2.htm |
China
Intelligent Lighting and Electronics, Inc. Announces
Common
Stock Option Grant for Kevin Jiang, CFO
HUIZHOU,
China, June 21, 2010-- China Intelligent Lighting and Electronics, Inc. ("China
Intelligent" or the "Company") (NYSE Amex: CIL; CUSIP No: 16890G202), today
announced that, in connection with Kui (Kevin) Jiang's appointment as Chief
Financial Officer in May 2010, the Company granted Mr. Jiang options to purchase
25,000 shares of its common stock at an exercise price of $3.00 per share, the
offering price of the shares sold in the Company's public offering. The grant
was made on June 17, 2010, the pricing date of the public offering. The options
will vest in equal installments every three months over a period of 12 months.
The options granted to Mr. Jiang will expire five years from the date of grant,
provided that Mr. Jiang remains continuously employed by the Company during the
applicable five-year period.
About
China Intelligent Lighting and Electronics, Inc.
China
Intelligent Lighting and Electronics, Inc. (NYSE Amex: CIL; CUSIP No: 16890G202)
is a China-based company that provides a full range of lighting solutions,
including the design, manufacture, sales and marketing of high-quality LED and
other lighting products for the household, commercial and outdoor lighting
industries in China and internationally. The Company currently offers over 1,000
products that include LEDs, long life fluorescent lights, ceiling lights, metal
halide lights, super electric transformers, grille spot lights, down lights, and
recessed and framed lighting.
Forward-looking
Statements
Safe
Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
Certain of the statements made in the press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by the use of forward-looking
terminology such as "believe," "expect," "may," "will," "should," "project,"
"plan," "seek," "intend," or "anticipate" or the negative thereof or comparable
terminology. Such statements typically involve risks and uncertainties and may
include financial projections or information regarding the progress of new
product development. Actual results could differ materially from the
expectations reflected in such forward-looking statements as a result of a
variety of factors, including our ability to maintain and increase revenues and
sales of our products, our ability to develop and market new products, our
strategic investments and acquisitions, compliances and changes in the laws of
the People's Republic of China (the "PRC") that affect our operations, and
vulnerability of our business to general economic downturn, especially in the
PRC, and other risk factors detailed in reports filed with the Securities and
Exchange Commission from time to time.