Fakta Menarik di balik Laporan Keuangan Tianshi 3

Nah di part 3 ini, kami bahas mengenai perusahaan tianshi terus menerus menyalahkan pihak lain sbg alasan.
termasuk menyalahkan kerja para distributornya, bpom di luar cina, pasar USA, Cina sendiri, dan lain2nya. Silakan dibaca.🙂

Laporan keuangan tianshi (full version) bisa di lihat di link ini atau klik di sini

WE HAVE LIMITED CONTROL OVER THE ACTIVITIES OF OUR DISTRIBUTORS.

We place significant reliance on a network of affiliates to act as our primary sales force. Although a majority of our affiliated companies are controlled in whole or part by Jinyuan Li, our Chairman, Chief Executive Officer and President, such affiliates are not employed or otherwise controlled by us and are generally free to conduct their business at their own discretion. The distributors are dedicated more to establishing their own reputations and business relationships than to promoting our products. The simultaneous loss of a number of these distributors could have a material adverse effect on our business, financial condition, and results of operations.


SALAH NYA DISTRIBUTOR (YAITU ANDA2 SEMUA RAKYAT INDONESIA!)
JADI TIANSHI SECARA RESMI DALAM LAPORANNYA PADA USA, MENYALAHKAN ANDA2 SEMUA SEBAGAI DISTRIBUTOR TIANSHI , YANG LEBIH NAFSU UNTUK MENINGKATKAN REPUTASI DAN KEUANGAN PRIBADI ANDA DARIPADA MEMPROMOSIKAN TIANSHI !!!

KASIHAN BANGET ORG INDO YG SUDAH CAPE2 promosi Tianshi TAPI SAMA SEKALI TAK DIHARGAI HAHAHAHA…

WE CONDUCT OUR BUSINESS WITH RELATED PARTIES, AND YOUR INVESTMENT MAY BE SUBJECT TO CONFLICT OF INTEREST AND SELF-DEALING RISKS.

Due to the inter-related ownership and business dealings among us and our affiliates, there are conflict of interest and self-dealing risks and increased potential for manipulation of financial results. We have affiliated companies or business entities that are owned by Jinyuan Li and his immediate family members (mostly his daughter Baolan Li). Although all affiliated companies and business entities were established so that they are legally and financially independent, except for the common ownership, they are centrally administrated by Tianshi Group. The decisions of Tianshi Group could materially affect the operation of our business, which could be adverse to our investors.


Salahkan partner perusahaan !!!
Bahkan Pres. Li mengaku tidak bisa mengatur anaknya sendiri Baolan li, karena perusahaan anaknya terpisah dari dirinya

OUR PRODUCTS ARE SUBJECT TO REGULATION OVER NUTRITIONAL SUPPLEMENT PRODUCTS IN MARKETS OUTSIDE CHINA.

Nutrition supplement products are subject to regulatory requirements that vary by country. Obtaining approval to sell nutrition supplement products internationally involves complexities of dealing with a variety of governmental regulations. We have limited experience in dealing with the specific regulations that may be required to sell our products in certain international markets, which could delay our ability to obtain relevant regulatory approval for our products. In addition, our product sales in other countries are subject to product regulatory regimes of various degrees and direct marketing or distribution regulations. Although currently these aspects are handled by our affiliated distributors in the relevant jurisdictions, there can be no assurance that the current operations of our company and our affiliates and distributors will not be adversely affected by compliance issues and changes in applicable laws and regulations in relevant jurisdictions.


MENYALAHKAN BADAN2 PENGAWAS OBAT DAN MAKANAN DI LUAR CINA YANG MENYULITKAN DAN TIDAK MEMBERIKAN IJIN!!!

Jadi Tianshi ga pernah salah
Yang salah BPOM Indonesia tidak mengijinkan 33 produk impor tianshi untuk dipasarkan sebagai OBAT???
Bahkan hanya 9 sebagai makanan, 9 sebagai jamu/ suplemen ?

Jadi penurunan keuntungan Tianshi adalah salah para BADAN2 PENGAWAS OBAT DAN MAKANAN DI LUAR CINA YANG DIANGGAP TERLALU MENGATUR KEAMANAN PRODUK2 MAKANAN !!!

OUR MANAGEMENT LACKS EXPERIENCE OPERATING A U.S. PUBLIC COMPANY.

Our management had no experience operating a U.S. public company before our acquisition of Tianshi Holdings. The initial difficulties with public company regulations faced by U.S. managers of a newly public company are aggravated with respect to our management, by our unfamiliarity with Western regulatory regimes and language and time zone differences. In addition, management must integrate new accounting rules and control procedures. Learning compliance is likely to distract management from operations to a greater degree than might be the case of management of a U.S. company, and the period during which our management masters the rules, when errors are more likely to occur, may be longer. Accordingly, the expense and operational risks inherent to a transition from private to public company are greater for Tiens USA than might usually be the case.


TIANSHI GA PENGALAMAN DI USA, JADINYA MENYALAHKAN PASAR MARKET USA DEH!!

Terus saja salahkan pihak lain hahahaha……..

THE DISTRIBUTION OF OUR PRODUCTS IS SUBJECT TO REGULATION OUTSIDE CHINA.

Products distributed outside China are subject to government regulations of different jurisdictions, which could be stricter than in China. In some developed countries, the government regulations for product approval could be stricter than in China, while in developing countries, government regulation could be uncertain. Our products could take a significantly longer time than we expect to gain regulatory approval or may never gain approval in certain countries, which could limit our ability to promote, sell and distribute products. In addition, in terms of our marketing approach, multi-level marketing may also be prohibited in some countries. As such, our sales may be adversely affected if such approval cannot be obtained in certain jurisdictions.


TIANSHI TIDAK LUPA MENYALAHKAN PEMERINTAH2 SELAIN CINA TERUTAMA PEMERINTAH NEGARA BERKEMBANG (tentu bukan Indonesia ya?? Karena Indonesia punya APLI) , yang sulit memberikan ijin bahkan melarang Tianshi beredar !!

Hiksss kasian ya Tianshi… ada Negara yang punya otak jadi melarangnya..
Jadi intinya salah seluruh Negara ya pak Li??

RISIKO DI CINA SENDIRI

WE ARE SUBJECT TO THE RISKS ASSOCIATED WITH DOING BUSINESS IN CHINA.

As most of our operations are conducted in China, we are subject to special considerations and significant risks not typically associated with companies operating in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environments and foreign currency exchange. Our results may be adversely affected by changes in the political and social conditions in China, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.

Although the majority of productive assets in China are owned by the Chinese government, in the past several years the government has implemented economic reform measures that emphasize decentralization and encourage private economic activity. Because these economic reform measures may be inconsistent or ineffectual, there are no assurances that:

• We will be able to capitalize on economic reforms;

• The Chinese government will continue its pursuit of economic reform policies;

• The economic policies, even if pursued, will be successful; and

• Economic policies will not be significantly altered from time to time.

Tidak ada jaminan, kebijakan kapitalis Cina bisa berubah kapanpun

A RECENT CAMPAIGN IMPOSED BY THE CHINESE GOVERNMENT AGAINST THE EXPORT OF UNSAFE FOOD AND SUBSTANDARD PRODUCTS, IN HINDERING OUR ABILITY TO EXPORT OUR PRODUCTS INTERNATIONALLY.

In August 2007, China’s Administration of Quality Supervision, Inspection and Quarantine (“AQSIQ”) announced an ongoing national campaign in China against unsafe food and substandard products. The special campaign against poor product quality was launched in response to a series safety scares involving Chinese products worldwide. The campaign set 20 detailed goals, including twelve “100 percents”. For example, 100 percent of food producers should be licensed; 100 percent of agricultural wholesale markets in cities must be monitored; 100 percent of suppliers of raw materials for exported products should be inspected; and 100 percent of agricultural products must be free of five types of strong pesticides. The campaign, which was originally scheduled to finish at the end of 2007, is currently scheduled to continue throughout 2008.

As a result of this campaign by the AQSIQ, there has been a general slow-down and backlog of export clearances for Chinese food products, and we have experienced significant delays in obtaining export clearance for all of the products which we sell to our international affiliates. We believe that these delays have resulted in some of our international affiliates not being able to purchase sufficient quantities of our products to meet their demand, resulting in a loss of sales. Continued delays in the export clearance for our products may continue to result in us not being able to meet the demand for our products from our international affiliates and future loss of sales. Currently we are not able to provide an estimate as to the timing for the clearance of our products for export.

CINA SADAR TELAH DISOROT DUNIA MENGEKSPOR BAHAN2 MAKANAN YANG DIANGGAP BERISIKO.

Jadi bagi Tianshi, itu salah pemerintah RRC yang makin mengetatkan standar ekspor makanan dari Cina ke luar Cina !!!

Tianshi mengaku mengalami kesulitan dan keterlambatan dalam memenuhi standar kualitas yang diminta pemerintah Cina sendiri!!!

THE RESEARCH, DEVELOPMENT, TESTING, MANUFACTURING AND MARKETING OF OUR PRODUCTS ARE SUBJECT TO VARIOUS GOVERNMENTAL REGULATIONS IN CHINA.

Yah, salahin pemerintah Cina lagi lah intinya…

UNCERTAINTY IN THE DEVELOPMENT OF DIRECT SELLING REGULATIONS MAY ADVERSELY AFFECT SALES OF OUR PRODUCTS IN CHINA.

Substantially all of our assets are located in China, and approximately 56.0%, 40.5% and 40.9% of our revenues in 2005, 2006 and 2007, respectively, were derived from our operations in China. Accordingly, our operations are subject, to a significant degree, to Chinese law. In China, we are aiming to expand our market share through the branches, chain stores, and affiliated companies of Tianshi Engineering, our affiliate who sells our products in China. Because direct selling was only recently authorized in China, the regulatory environment with respect to direct selling in this market remains fluid and the process for obtaining the necessary governmental approvals have been interpreted differently by different governmental authorities. The direct selling regulations require Tianshi Engineering to apply for approval to conduct a direct selling enterprise in China.

Tianshi Engineering has applied for a direct selling license in a number of provinces and must obtain a series of approvals from the Departments of Commerce in such provinces, as well as the Departments of Commerce in each city and district in which we plan to operate. Tianshi Engineering is also required to obtain the approval of the State Ministry of Commerce, which is the national government authority overseeing direct selling.

Tianshi Engineering has found that it is taking more time than anticipated to work through the approval process with the Chinese authorities. These authorities have broad discretion in interpreting the regulations and granting necessary approvals. A delay in obtaining approvals at one level can delay our ability to obtain approvals at the next level. The complexity of the approval process as well as the government’s continued cautious approach as direct selling develops in China makes it difficult to predict a timeline for obtaining these approvals. If Tianshi Engineering does not receive a direct selling license in China, then its ability to compete against its competitors who have received such a license may be hurt. As a result, Tianshi Engineering may lose distributors who find a competitor’s direct selling business and compensation model more attractive. This could materially decrease the revenues that we receive from sales by Tianshi Engineering in China.


Kembali alasan tianshi bahwa Tianshi dipersulit sehingga sampai 31 des 2007, belum juga dapat ijin dari Negara Cina untuk melakukan praktek MLM!!

Pemerintah Cina amat melindungi warganya dari praktek pembodohan MLM, jadi sampe sekarang, Tianshi mengaku belum berhasil mendapat ijin MLM di RRC sendiri.

Hiks kasihan ya?? Padahal AMWAY dan AVON (yg ke 2nya diakui MLM terbesar oleh tianshi) sudah dapat ijin sbg MLM di sana hahahahaha…….

bersambung ke part 4

Ada yg ingin memberi tanggapan? datang saja ke :
http://www.kaskus.us/showthread.php?t=865698

atau bila anda sekalian memiliki berbagai keluhan/pengaduan mengenai tianshi? lgs saja hubungi kami lewat : :
pr@tianshi-watch.com

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