SEC v. ChinAmerica Andy Movie Entertainment Media Company (reverse merger schemes, 2018)

Settled

Checked against the primary document on October 3, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

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In April 2018 the SEC settled administrative proceedings against ChinAmerica Andy Movie Entertainment Media Company, finding it was an undisclosed blank-check shell whose principal, Andy Fan, held nearly all its shares for a later reverse merger with a Chinese company while its reports hid his ownership. Its securities were revoked.

The record

Structured fields for this action, as recorded in our case library.
Agency	SEC
Release number	3-18453
Date filed	2018-04-25
Date resolved	2018-04-25
Status	settled
Asset class	equities
Venue	OTC
Criminal parallel	No
Defendants	ChinAmerica Andy Movie Entertainment Media Company (entity)
Cited as charged or alleged	Exchange Act s.10(b) and Rule 10b-5 ; Exchange Act s.13(a) ; Securities Act s.17(a) (statutes and rules cited in the document; not a finding that they were violated)
Techniques	Reverse merger schemes , Undisclosed control blocks

What was ordered

Civil penalty: —
Disgorgement: —
Prejudgment interest: —
Total relief: —
Alleged gain: —

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

The Securities and Exchange Commission instituted and settled this proceeding on April 25, 2018 (Securities Act release 10489), without admission or denial by the company.

The order finds that in 2011 Fan set out to assemble a roster of US public companies for later reverse mergers with Chinese companies, and that ChinAmerica was an undisclosed blank-check company under Rule 419 whose periodic reports failed to disclose Fan's beneficial ownership of essentially all its securities and misrepresented that it had business operations. It was formerly Court Document Services, a company Fan arranged to manufacture in 2012 by buying an existing private business. The company had filed no periodic report since June 30, 2016.

It was ordered to cease and desist and its securities registration was revoked under Section 12(j). No money was ordered. This library tags the matter as reverse merger schemes and undisclosed control blocks. The tagging is ours, not the regulator's.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with 2 techniques in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

Reverse merger schemes — see how it works, what statute it engages, and every other action tagged the same way.
Undisclosed control blocks — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

2018-04-25 Administrative proceeding instituted (cease-and-desist)

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

SEC order

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Other actions in the library sharing at least one technique tag with this one.

Action	Agency	Filed	Technique	Penalty	Status
SEC v. Brian Quinn and David Skriloff (Environmental Packaging, 2024)	SEC	2024-10-18	Reverse Merger Schemes , Undisclosed Control Blocks	$461k	judgment
SEC v. Darren Ofsink and Michael T. Morris (CodeSmart, 2023)	SEC	2023-04-03	Reverse Merger Schemes , Undisclosed Control Blocks +1	—	judgment
SEC v. Peter DiChiara (reverse merger schemes, 2020)	SEC	2020-09-03	Reverse Merger Schemes , Undisclosed Control Blocks	$40k	settled
SEC v. Morrie Tobin et al. (undisclosed control blocks, 2019)	SEC	2019-08-30	Undisclosed Control Blocks , Reverse Merger Schemes	—	settled
SEC v. David G. Dreslin, Michael Toups and Leslie Toups (2018)	SEC	2018-12-03	Reverse Merger Schemes , Undisclosed Control Blocks	$345k	settled
SEC v. Delaney Equity Group LLC, David C. Delaney and Ian C. Kass (reverse merger schemes, 2018)	SEC	2018-08-29	Reverse Merger Schemes , Shell Factories +1	—	settled

Record added September 10, 2026. submit a correction.