GENERAL INFORMATION

The Company's Board will be made up of:

  • Mr. ##### (President)
  • Mr. David Ma (Financial Advisor)
  • Mr. James Cook (Financial Advisor)
  • Dr. ###### ## (Vice President, Product Development).

In addition to those mentioned, the Company's management will also have Mr. ## ### (unrelated to any others) as Vice President of Marketing and Ms. ##### ## (unrelated to any others) as Director of Finance and Administration.

The Company intends to make every effort to retain a major international accounting firm to audit and/or review (depending on cost) its books annually. For its' legal matters, the Company will retain a lawyer and make reasonable efforts to have the major legal items in English and, unless waived, in Chinese. Board meetings will be conducted in English and Chinese; Shareholder meetings, notices, and other communications will be in both Chinese and English.

The Company's "flagship product" is a ### etc. Today, there is emphasis in China for the preservation of the environment. Jiang Zemin has said that 1% of the Gross Domestic Product is targeted for this purpose.

The Company's first big customer, ### etc., is supportive of this product at the top of its organizaton. Already, they have indicated a strong interest in purchasing upwards of 100,000 units at around $480 per unit, subject to negotiation. They are noted for paying their obligations promptly, and, in this case have promised to pay on delivery. (Nonetheless, the financial projections are more conservative about receipt of payments.)

The Company is committed to making every effort to achieve liquidity for its' Common Stock by the end of 2006, and has four avenues which it will monitor for feasibility, profitability, and reliability:

  • The Chinese Central Government is planning a Beijing "NASDAQ" for the near future. If qualified and this vehicle is promising for value and liquidity, then this is the first choice.
  • A buyout by a Western or Japanese company for cash and/or fungible securities.
  • An Initial Public Offering in London, Vancouver, Denver, or NASDAQ.
  • Buy an existing public company and use its' public shares as the vehicle for liquidity.

By any of one these routes, the Company hopes to attain a capitalization in excess of US $100,000,000 based on a 15 or higher multiple of annualized earnings as the basis of evaluation. Mr. Cook of the Company's Board took his own software company public on the NASDAQ in 1982 where it achieved an evaluation over $30,000,000.



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