ITEM 8.01. OTHER EVENTS.

On June 21, 2012, the Company issued a press release regarding, among other things, the approval by the Board of Directors of the Company of the redomestication of the Company from the State of Nevada to the British Virgin Islands, CNIT BVI's filing of a registration statement on Form F-4 relating to the redomestication transaction, and the inclusion of a proposal at the annual meeting of the Company's stockholders to vote on the redomestication transaction. A copy of the press release is attached hereto as Exhibit 99.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit Description
99.1 Press Release, dated June 21, 2012

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