Groen Brothers Aviation Enters Cooperative Joint Venture Agreement for Production in China of Light Gyroplanes

SALT LAKE CITY, UT--(Marketwire - January 15, 2011) - Groen Brothers Aviation, Inc. ("GBA") (PINKSHEETS: GNBA), announced that its wholly owned subsidiary, Groen Brothers Aviation International, LLC ("Groen LLC"), formed to participate in the joint venture, has entered into an agreement with Guangzhou Suntrans Aviation Science and Technology Co., Ltd. ("Suntrans") to form a Cooperative Joint Venture ("CJV"). The CJV will be named Foshan Suntrans-Groen Aviation Co., Ltd. ("FSG Aviation").
The CJV will be a limited liability company formed under the laws of the People's Republic of China whose purpose is to produce in China for sales worldwide, light gyroplanes based upon GBA's SparrowHawk design. The agreement generally provides for FSGA to assemble, manufacture, sell, and provide related services for GBA's SparrowHawk Gyroplane Program, including the most advanced version of the SparrowHawk aircraft developed to date, the SparrowHawk III. It is expected that FSG Aviation will reintroduce the SparrowHawk III Kit into the US and world markets, followed over the next few years by a fully assembled light gyroplane using technology transferred by GBA to the CJV.
The agreement for the CJV will come into force upon the approval of the appropriate Chinese regulatory authorities for which the parties are in the process of preparing the necessary papers.
The total amount of registered capital of the Joint Venture will be Chinese Renminbi ("RMB") 100 Million (approximately US$14.7 million). Under the terms of the agreement, Suntrans will contribute RMB 75 million (approximately US$11 million) to the Joint Venture in cash and hold 75% of the shares in FSG Aviation; in return for its contribution of the SparrowHawk Program and transfer of certain advanced gyroplane technology, Groen LLC will hold 25% of the shares valued at RMB 25 million (approximately US$3.67 million).
GBA considers the formation of this Joint Venture particularly of value because the Chinese government has announced that it has begun a program to open to the public, Chinese airspace below 3,000 meters. "An aircraft that's easy and safe to fly, highly maneuverable and needing only a very short runway, which is essentially what the SparrowHawk Gyroplane is, ought to be very popular in China, as the country opens up to a new generation of private pilots," said GBA's Vice President of Business Development, Al Waddill, "especially since demand for personal aircraft should be far beyond the capability of China's current general aviation infrastructure."
About Groen Brothers Aviation, Inc.
Groen Brothers Aviation, Inc. has been developing gyroplane technology since 1986 and is recognized as the world's leading authority on sustained autorotative flight. Powered by a Rolls-Royce gas turbine engine, GBA developed the world's first commercially viable modern gyroplane - the first "autogiro" to utilize a jet engine - the Hawk 4 Gyroplane. The Hawk 4 was used extensively for security aerial patrol missions during the 2002 Winter Olympics in Salt Lake City.
GBA announced in October 2005 that DARPA, an arm of the United States Department of Defense, awarded a contract to GBA to form and lead a team to design a proof of concept high speed, long range, vertical takeoff and landing (VTOL) aircraft designed for use in Combat Search and Rescue roles. This modern rotorcraft, named by DARPA as the "Heliplane," is designed to exploit GBA's gyrodyne technology; offering the VTOL capability of a helicopter, the fast forward flight of an airplane, and the safety, simplicity and reliability of a GBA gyroplane. GBA completed Phase I of the Heliplane contract and also participated as a subcontractor to Georgia Institute of Technology for tip-jet noise reduction work for Phase IB, which was also successful. To date DARPA has not announced funding for Phase II and the future involvement of the Company in the DARPA contract is unknown. The Heliplane could be the next generation rotor wing aircraft, meeting economy and performance goals not considered achievable by any other type of VTOL aircraft.
Further information about the Company, its products, and individual members of the GBA Team is available on the Company's web site at: www.groenbros.com.

Chinese President Hu will Visit Chicago Next Week

More than 40 Sino-US business deals are expected to be signed next week during the visit of China’s president, Hu Jintao, to Chicago. About 300 to 500 business executives from China will accompany their nation's top leader to Chicago, turning a state visit to Washington, D.C., into a large trade mission here as well. Mr. Hu will be in Chicago on Thursday and Friday after meetings with President Barack Obama and a White House state dinner on Wednesday.  Over 500 midwest executives will be attending the gathering in Chicago. Artisan Business Group CEO Brian Su has been invited to attend the Chicago function.

EB-5 Program Conference Comes to New York City January 25, 2011

The federal EB-5 Regional Center Immigrant Investors Program has been becoming very popular in past five years amongst commercial real estate, manufacturing, and financial industries due to the economic downtown.  Currently there are over 130 approved EB-5 regional centers nationwide, there are nearly 200 more applications pending.  The program has provided alternative funding sources for many large investment projects that lack of sufficient capital.  China and other Asian nations have been leading markets for EB-5 program.  Almost 2000 EB-5 visas were issued to Chinese investors last FFY 2009.  As a professional involved in financial business, real estate or any other investment fields, you should learn first hand about the investor trends and find out everything you must know in the ever-changing and challenging marketplace.  You will have a rare opportunity to hear about every aspect of China migration trade and business; and find out why Chinese investors are demanding EB-5 investor visas.  Mr. Su will share his insights and knowledge about the EB-5 program with you at the seminar. You will also have a great opportunity to meet and interact with our VIP speakers and audiences from all over the country!  Agenda is available upon request.

Online Registration: http://eb5fund.eventbrite.com

Workshop Host and Speaker:

Brian Su, CEO & President
Artisan Business Group, Inc.
Mr. Su is a leading expert and advisor on EB-5 marketing in Asia and China.  He operates the EB-5 China Marketing and Field Support Center, he is also the president of EB-5 China Market Council.  Mr. Su has successfully introduced over a dozen of EB-5 regional center investment projects to China this year, and nearly 5000 job creations commitment has been resulted due to his efforts. Mr. Su has been interviewed by China Daily, Financial Times, South Morning China Post, Reuters News, News Week and other major media. He runs a popular EB-5 blog at http://eb5newsblog.org.  Come, mingle and talk with Mr. Su to find out how you can better position your investment projects in the marketplace and effectively secure international finance and funding from foreign investors; share your thoughts and discuss your issues with Mr. Su one-on-one in New York City.  Mr. Su is a member of the Association to Invest in the USA (IIUSA).  He received his MPA degree from the University of Illinois at Springfield in 1996.  Topics: EB-5 Project Promotion in China/Asia, Investors Procurement.

Featured Guest Speakers:

Mr. Kevin Wright, President
Wright Johnson LLCMr. Wright is considered one of the foremost experts on the EB-5 Immigration Visa program. As an accomplished researcher, analyst and professional author, Kevin has assisted many entrepreneurs in receiving Regional Center designation and subsequent approval of the specific projects that are developed and put into operation through the Regional Center mechanism.  As an IMPLAN software specialist, Kevin has authored numerous econometric analysis, in many divergent industries, that demonstrate the employment and economic impacts of these various projects to the USCIS. The Regional Center application process requires Kevin to have an expertise in business plan writing, private placement composition, econometric analysis, complexities of government reporting requirements all coupled with the “hands on” experience necessary to successfully work within this highly specialized industry. Wright Johnson LLC has filed over 20 regional center applications with USCIS with a 100% success rate in the client receiving Regional Center designation. Topics: EB-5 Regional Center Planning, Formation, Project Development & Job Creation Requirements

Mr. Lu Sun, Vice President
MasLink Group, China
Mr. Sun is a former financial advisor with Citi Smith Barney and Edward Jones; he is highly experienced and knowledgeable in EB-5 project selection and marketing.  He offers frequent workshops to Chinese high net worth individuals on asset management and investment. Mr. Sun is a Beijing native and graduate of the University of Illinois at Chicago. He is responsbile for the company's US business division.  Mr. Lu spent average eight months a year in China promoting EB-5 regional center projects to Chinese investors. MasLink Group is a licensed and bonded migration consulting firm headquartered in Beijing, with offices in major Chinese cities such as Shanghai, Hangzhou, Chongqing.  The firm organized the US Immigration and Investment (Beijing) Forum 2009 where over 30 US investment projects were showcased for the first time Chinese investors. Topics: Understanding Investors Characteristics and EB-5 Project Structure 

Ms. Gillian Shuang, Managing Director
PKF International China Beijing OfficeMs. Shuang is managing director of PKF China Beijing Office. PKF China is a major accounting and counsulting firm that verifies investors source of funding. PKF China Beijing Office has processed hundreds of verification cases for EB-5 investors. She will explain the importance of verifying EB-5 investors funds and key procedures and requirements. Topics: Verification of Investors Source of Funding and Documentation Requirements

Mr. Walter Huang, Managing Director
Heracles Investment Corp.Mr. Huang has a number of years private equity investment and investment banking experience, especially has strong expertise in investing in Chinese companies and taking Chinese companies public in North American stock markets. He led the whole process of the public listing of  China Wind Power International Corp. Prior to founding Heracles, Walter Huang was the co-founder and Executive Vice President of a private equity investment firm based in Newport Beach, California.  Mr. Huang has years experience in investing in such industries as Internet, telecommunication, media, high-tech, consumer products, renewable energy and clean tech. He also involved in the investment in entertainment (movie and TV) and sports industries. He led the effort of a consortium consisting of five US and Chinese companies to build the largest theme park in Beijing with an investment of over a billion dollar.  Prior to being a private equity investor and merchant banker, Mr. Huang worked in several U.S. and Chinese companies including State Farm Insurance Companies and Morningstar Inc.  He is a recipient of the 2010 Outstanding 50 Asian Americans in Business Award in acknowledgment of his accomplishments and extraordinary contributions to economic development and exceptional leadership and commitment to making a difference in their communities and the society at large.  Topics:  Utilzing Foreign Immigrant Investment to Fund US Projects

Ms. Julia Park, Immigration Attorney
Law Offices of Julia Park, LLC
Ms. Park is the Principal Attorney of Law Offices of Julia Park, LLC, with offices in New York City and Englewood, New Jersey. She is also Of Counsel to Levitt & Needleman, PC, a 30-year immigration law firm located in New York City.  Ms. Park provides immigration legal services to businesses and individuals in the Greater New York area.  Ms. Park’s immigration practice has a strong EB-5 focus and she is a frequent speaker on the topic.  Most recently she spoke at the AREAA (Asian Real Estate Association of America) New York Chapter meeting on the Nuts & Bolts of the EB-5 Investment Visa (September 2010) and the HSBC EB-5 International Business Opportunities Seminar (November 2010).  Ms. Park has been invited by a major international bank to serve as its outside immigration advisor to its new EB-5 Service Team which will be announced in the first quarter of 2011. The new team will be servicing the bank’s select group of private banking clients in Asia who are interested in the EB-5 program.  Before founding her own firm, Ms. Park was a corporate attorney at Cravath, Swaine & Moore, LLP in New York City where she represented JPMorgan and Goldman Sachs in registered and 144A securities offerings, including convertible and investment grade debt offerings. Ms. Park also advised foreign clients on US registration issues and interacted with regulatory agencies including FINRA and NYSE on behalf of clients. Ms. Park received her JD from Boston College Law School, magna cum laude, Order of the Coif; her MA from the Graduate School of Interpretation & Translation, Hankuk University of Foreign Studies in Seoul, Korea; and her BA from Sogang University, cum laude, also in Seoul, Korea. Topics: USCIS Immigration Law, EB-5 Legal Issues and Korean Market Update

Mr. Brian Terwilliger, Vice President
NES FinancialMr. Terwilliger specializes in complex multiparty escrows, including working with many Regional Centers to streamline their EB-5 escrow administration process.   He will address the importance of escrow process for foreign investors.  Mr. Terwilliger has been in the escrow and 1031 exchange business for twenty four years.  His experience includes business development, administration, and managing groups specializing in complex corporate escrow transactions, 1031 exchanges, tax-exempt debt financing, institutional custody, and mortgage custody.  Prior to joining NES Financial, Mr. Terwilliger was with JPMorgan Chase and its predecessor banks. Brian has a finance degree from Illinois State University, and a MBA from Lake Forest Graduate School of Management.  Topics: Importance of Escrow Administration and Investment Funds Management

Mr. John Li, Managing Director
Yiminchaoshi.com (EB5Supermarket.com)

Mr. John Li, the President/CEO of  Systemtek Technologies, a top Chicago base internet marketing and and Chinese localization firm with offices in Shenzhen, Guangzhou and Changsha, China. The firm is one of the preferred and approved service providers in China selected by the US Department of Commerce.  Mr. John Li operates one of the largest China based EB-5 Chinese language information websites YIMINCHAOSHI.COM (or EB5Supermarket.com). The website is a direct connection and gateway between the U.S. EB-5 project principals, investment opportunities, real estate developers, immigration attorneys, professional services and the Chinese investors around the world.  Mr. Li received his MS degree of Computer Science from Roosevelt University in Chicago. He is fluent speaking both Mandarin and English. Mr. Li will share his insights on utilizing online platform and social media to promote EB-5 projects directly to overseas investors. Topics: Utilizing Social Media and Online Tools to Attract Investors

VIP Guest from China

Mr. Jason Lee, CEO & President
MasLink Group is a licensed and bonded EB-5 migration broker headquartered in Beijing, with office around China. Mr. Lee is the member of board directors of Beijing Exit-Entry Service Association - a trade group for migration brokers in Beijing.

Audiences: Welcome all professionals in financial, banking and capital industries; commercial real estate developers, immigration attorneys, economic development officials, and business consultants.

Workshop Venue: NYC Seminar and Conference Center, 71 West 23rd Street, NYC. Tel: (646) 336-4455. The Center is located in Manhattan's exciting Chelsea district, a safe neighborhood near major subway lines, Penn Station and several fine hotels.  For subway, parking and hotel information, please visit NYCSCC website's "Visiting" page.

Lodging:  Hampton Inn Chelsea Tel: (212) 414-1000 or Wyndham Garden Hotel Tel (212) 243-0800, both hotels are in walking distance to the seminar center.

Parking: 724 Parking Corp. (Corner of 6th Ave and 24th St.) Tel: (212) 242-9755

Cancellation Policy:  Artisan Business Group reserves the rights to change and/or schedule the event due to various reasons such as extreme weather condition.  If you cancel your attendance, 50% of your registration fee (exclude one time processing fee of $9.95) will be refunded.  A full refund will be issued if the event is canceled.

Photo Policy:  Artisan Business Group reserves the rights to photo the event and use such photos for promotional activities.

Chinese Solar Company Expands in California

JinKoSolar Holding Co. Ltd, a solar energy company, signed a deal with California-based Premier Power Renewable Energy to supply 1.3 megawatts of multi-crystalline solar modules to the latter. The contract will be executed during the first quarter of 2011. Financial terms of the deal were not disclosed. Based in China's Jiangxi and Zhejiang provinces, JinkoSolar is one of the fastest growing solar product manufacturers engaged in the production of high quality ingot, wafer, solar cell and solar module products. The company’s client base spreads across China,  HK, Germany, India, and Italy. For more information about doing business with China, contact us today.

EB-5 Regional Center Seminar in New York Opens for Registrations

EB-5 Regional Centers Promotion and Investors Procurement seminar in New York City on January 25, 2011 is now opening for registration. The one day EB-5 regional center program seminar is geared towards bankers, financial advisers, commercial real estate developers, attorneys, and economic development officials. The seminar features top notch EB-5 expert speakers such as Kevin Wright, Julia Park, Brian Su, Lu Sun, etc., from both the U.S. and China. Space is very limited. For online registration, please log on http://eb5fund.eventbrite.com

Chinese Investors Look for Bargains in US Real Estate

Just like many Chinese investors who have strong interests in investing in real estate projects, Chinese commercial real estate developers and investors are also searching for bargains in the U.S.  New World Hotel Group, a Chinese real estate development company based in Shenzhen, Guangdong Province, has recently acquired the Sheraton Universal Hotel in Los Angeles for an estimated $90 million. The 451-room hotel was recently transformed through a $30 million renovation, according to John Strauss, managing director of Jones Lang LaSalle Hotels, which brokered the transaction. The Sheraton Universal’s sale to Shenzhen represents the second purchase in LA area for the developer, which bought the 469-room Los Angeles Marriott Downtown in 2011 for an estimated $60 million. In year of 2011, Artisan Business Group, Inc., will be hosting two delegations of Chinese commercial real estate developers in April and May, meetings and visits are under scheduling for the groups in Chicago. For more information about marketing real estate projects to Chinese investors, contact us today.

EB-5 Regional Centers Showcase Projects to Chinese Investors at Invest in America 2011 (Guangzhou) Summit

Invest in America 2011 (Guangzhou) Summit - Immigration and Investment Opportunities is the largest American investment conference and exhibition in China and will take place March 19-20, 2011 in the most prosperous region in China .  With instant access to major Chinese media and nationwide business network by Wailian Overseas Consulting Group, the Summit will attract large crowds of interested investors and business executives who are eager to learn more about your EB-5 regional center investment and business opportunities.  The event encourages and welcomes U.S. EB-5 regional centers,  investment project developers,  real estate brokerage firms, franchises, PE and VC companies, financial services, attorneys, CPAs, international trade agencies, government officials, and colleges to participate in exhibition and presentations.  The exhibition will take place at the five-star Guangzhou Grand Hyatt hotel with a large exhibition venue and excellent amenities.  In addition to individual booth space in the exhibition hall, exhibitors will have opportunities to present project seminars directly to the Chinese public. There are total 68 standard exhibition booths and 60 booths are available for both US companies. Hurry up to reserve your own space at http://www.InvestAmerica2011.org 

Wailian Overseas Consulting Group is a Chinese government licensed immigration company specializing in the consulting service for the EB-5 investor visa program, known for its professionalism and integrity.  Wailian Group was established with the approval of the Chinese Ministry of Public Security. It has expanded to employ over 200 people in 20 branch offices across the globe. Wailian representative offices can be found in large cities in China such as Beijing, Shanghai, Nanjing, Hangzhou, Guangzhou, Suzhou, Qingdao and Chengdu. Wailian Group is one of the largest EB-5 program consulting and marketing firms in China and has involved in marketing over 20 EB-5 projects to Chinese investors over the past few years.

Invest in America 2011 (Guangzhou) Summit opens registration to EB-5 regional centers and other investment opportunities

Invest in America 2011 (Guangzhou) Summit - Immigration and Investment Opportunities is the largest American investment conference and exhibition in China and will take place March 19-20, 2011 in the most prosperous region in China .  With instant access to major Chinese media and nationwide business network by Wailian Overseas Consulting Group, the Summit will attract large crowds of interested investors and business executives who are eager to learn more about your EB-5 regional center investment and business opportunities.  The event encourages and welcomes U.S. EB-5 regional centers,  investment project developers,  real estate brokerage firms, franchises, PE and VC companies, financial services, attorneys, CPAs, international trade agencies, government officials, and colleges to participate in exhibition and presentations.  The exhibition will take place at the five-star Guangzhou Grand Hyatt hotel with a large exhibition venue and excellent amenities.  In addition to individual booth space in the exhibition hall, exhibitors will have opportunities to present project seminars directly to the Chinese public. There are total 68 standard exhibition booths and 60 booths are available for both US companies. Hurry up to reserve your own space at http://www.InvestAmerica2011.org 

Wailian Overseas Consulting Group is a Chinese government licensed immigration company specializing in the consulting service for the EB-5 investor visa program, known for its professionalism and integrity.  Wailian Group was established with the approval of the Chinese Ministry of Public Security. It has expanded to employ over 200 people in 20 branch offices across the globe. Wailian representative offices can be found in large cities in China such as Beijing, Shanghai, Nanjing, Hangzhou, Guangzhou, Suzhou, Qingdao and Chengdu. Wailian Group is one of the largest EB-5 program consulting and marketing firms in China and has involved in marketing over 20 EB-5 projects to Chinese investors over the past few years.