SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
March 31, 2008
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Date of Report
(Date of earliest event reported)
SOYO GROUP, INC.
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(Exact name of registrant as specified in its charter)
Nevada 333-42036 95-4502724
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(State or other jurisdiction) (Commission File Number) (IRS Employer I.D. No.)
1420 South Vintage Avenue
Ontario, California 91761-3646
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(Address of principal executive offices, including zip code)
(909) 292-2500
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
ITEM 8.01 OTHER EVENTS
On March 31, 2008, Ming Tung Chok, the president and Chief Executive Officer of
SOYO Group, Inc. (the "Company") announced that he and his wife, Nancy Chu,
Chief Financial Officer of the Company today purchased 776,000 shares of the
Company's common stock from the Company in a private placement at a price of
$1.25 per share. Mr. Chok further announced his plans to purchase another
750,000 shares of the Company's common stock in a private placement during April
2008 at a price of $1.25 per share.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SOYO GROUP, INC.
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(Registrant)
Date: March 31, 2008 By: /s/ MING CHOK
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Ming Chok, CEO