SEC Comment Letter for SHINECO, INC. (SISI) (CIK 0001300734) (SISI) — Jan 31, 2017
SHINECO, INC. (SISI) (CIK 0001300734)
Date: Jan. 31, 2017 · CIK: 0001300734 · Accession: 0000000000-17-003393
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 001-37776
Letter
Mail Stop 3561 January 3 1, 2017 Sam Wang Chief Financial Officer Shineco, Inc. 2nd Floor, Wanyuan Business Center 10 N. Hongda Road Daxing District, Beijing 100176 People’s Republic of China
Re: Shineco, Inc. Form 10-K for Fiscal Year Ended June 30, 2016 Filed September 28, 2016 File No. 001-37776
Dear Mr. Wang :
We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.
Please respond to these comments within ten busine ss days by providing the requested information or advis e us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional comments.
Form 10 -K for Fiscal Year Ended June 30, 2016
Other
1. Data about your company included in the SEC’s EDGAR system includes the company’s current fiscal year end. However, it appears that the fiscal year end listed for your company does not agree with the actual fiscal year end of your most recent annual periodic report. Please correct the fiscal year end listed in EDGAR as follows:
log onto your account at https://www.edgarfiling.sec.gov select “retrieve/ed it data” from the left -side menu select “retrieve company information” select “edit company information” at the bottom of the screen
Sam Wang Shineco, Inc. January 3 1, 2017 Page 2
enter the month and day of your fiscal year end (“0630”) in the “fiscal year end” field and finally select “submit change” at the bottom of the screen.
Exhibi ts 32.1 and 32.2
2. We note the name of the officer in the introductory paragraph of your Section 906 certifications differ from the name of the officer signing the certification. Please file a full amendment of your Form 10 -K that includes revised certifications. We remind you to include all required certifications, currently dated and that refer to the amended Form 10-K.
Signatures, page 57
3. Please revise to include the signatures of your principal financial officer, your controller or principal accounting officer, and b y at least the majority of the board of directors or persons performing similar functions. Please provide the required signatures in your amended 10 -K. Refer to General Instruction D(2)(a) to Form 10-K.
We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
You may con tact Abe Friedman at 202 -551-8298 or Jean Yu at 202-551-3305 if you have questions regarding c omments on the financial statements and rel ated matters. Please contact me at 202 -551-3380 wit h any other questions.
Sincerely,
/s/ Lyn Shenk
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Mail Stop 3561 January 3 1, 2017 Sam Wang Chief Financial Officer Shineco, Inc. 2nd Floor, Wanyuan Business Center 10 N. Hongda Road Daxing District, Beijing 100176 People’s Republic of China Re: Shineco, Inc. Form 10-K for Fiscal Year Ended June 30, 2016 Filed September 28, 2016 File No. 001-37776 Dear Mr. Wang : We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten busine ss days by providing the requested information or advis e us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10 -K for Fiscal Year Ended June 30, 2016 Other 1. Data about your company included in the SEC’s EDGAR system includes the company’s current fiscal year end. However, it appears that the fiscal year end listed for your company does not agree with the actual fiscal year end of your most recent annual periodic report. Please correct the fiscal year end listed in EDGAR as follows: log onto your account at https://www.edgarfiling.sec.gov select “retrieve/ed it data” from the left -side menu select “retrieve company information” select “edit company information” at the bottom of the screen Sam Wang Shineco, Inc. January 3 1, 2017 Page 2 enter the month and day of your fiscal year end (“0630”) in the “fiscal year end” field and finally select “submit change” at the bottom of the screen. Exhibi ts 32.1 and 32.2 2. We note the name of the officer in the introductory paragraph of your Section 906 certifications differ from the name of the officer signing the certification. Please file a full amendment of your Form 10 -K that includes revised certifications. We remind you to include all required certifications, currently dated and that refer to the amended Form 10-K. Signatures, page 57 3. Please revise to include the signatures of your principal financial officer, your controller or principal accounting officer, and b y at least the majority of the board of directors or persons performing similar functions. Please provide the required signatures in your amended 10 -K. Refer to General Instruction D(2)(a) to Form 10-K. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may con tact Abe Friedman at 202 -551-8298 or Jean Yu at 202-551-3305 if you have questions regarding c omments on the financial statements and rel ated matters. Please contact me at 202 -551-3380 wit h any other questions. Sincerely, /s/ Lyn Shenk Lyn Shenk Branch Chief Office of Transportation and Leisure