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Section 1.1 Purchase
The Parities will each purchase their pro rata share of the equity shares of the COMPANY by way of the following - Honglin Qian will transfer all legal ownership of all assets currently owned by him and that are necessary as the core technology of the COMPANY. Dalian Beigang will provide cash in the amount of 900,000 yuan which will equal 90% of the registered capital of the COMPANY. The COMPANY will be registered as a Wholly Foreign Owned Enterprise (“WFOE”) under the laws of the PR China.
As an incentive to Honglin Qian to enter into this Agreement, Dalian Beigang will arrange for the issuance to Honglin Qian of 1,000,000 common shares of its parent company, Northport Network Systems Inc., a US publicly traded corporation under the trading symbol NNWS.OB
Imho Follow ther filing this Has not happend
-----------------------------------
ARTICLE 3
CLOSING
For purposes of this Agreement, the term “Closing” means the time at which the transaction contemplated by this Agreement will be consummated, which in any event shall be on or before July 1, 2010
http://www.sec.gov/Archives/edgar/data/1374976/000120445910001419/exhibit10-1.htm
IMHO if Follow the bread cumbs
Imho The float is alot less then you think, Imho H. Qain the ivd patent holder , Deal with GLGT will compare to the attempt deal by nnws. If that is the case then he was asking 10% and 900k yuan @ 6.46 = 5.8m us. Imho This is where a large part of shares have gone and if you break down the number of it youll see it will take a higher conversion rate to get the money he wanted.
Dont by the Mis info being spewed by some , AGEL is still tradeable on Zecco.
Thank you for contacting Zecco Trading.
Nothing has changed regarding those securities and they are still currently non-dtc eligible and must still be traded using phsyical certificates at this time. We hope that this information has been helpful. Please feel free to reply to this message if you have additional concerns.
A new initiative based at the University of California
http://www.news.ucdavis.edu/search/printable_news.lasso?id=9830&table=news
CN 200710051944.1
Canine rabies virus antibody one-step rapid test using nano-colloidal gold technologies
Pleas keep in mind For the states Rabies is not really a problem but
Resurgence of Rabies Threatens Asia's Young and Poor
Read more: http://www.time.com/time/world/article/0,8599,2024407,00.html#ixzz1LbCfnK00
http://www.time.com/time/world/article/0,8599,2024407,00.html
Asia-pacific
Bali battles rabies epidemic
http://english.aljazeera.net/video/asia-pacific/2010/09/2010928171028307625.html
IMHO it will show the BS that has been going on here for last 2years. It will Concrete my belief of the games being played. I put over 45k into this and it is depressing but I still think we have a winner on Stacey and Evans Terms. And I will Wait it out.
Well to speak Frankley , Some one is making a killin playing this channel. You hit the ask to move us up for afew ticks he dumps on bid some gets pissed and dumps more on bid back to him , he then puts them back for sail a few tick up and washes and repeats. it low volume Bull crap but until we have true sustained volume he or they know they can play this game , The DD has not changed so i tend not to watch the daily movemnet or id be sick.
all we can hope is that he or they get caught and cant recover. after may 9th we will have a way to see the game by acutally seeing bid and ask sizes that can be used for good and evil.
Come may 9th all will be showing sizes , new rule
etmm and ubss are ahead of game.
I agree the news From SEC regarding a change in new shareholder count for private company will stir the pot here. I just like to try and keep a even keel most people will not invest the time doing dd and are looking for instant gratification. I just don't like seeing them types starting chaos and running a muck. Where gonna a enough of fight pushing threw the 2s with out solid concrete Prs.
is it or did they reroute there order with doms ?
Dont let a few on board piss you off youve always had good insight and logic in your post. If we have made it to AC in 6 months hopefully by then net will recharge Im thinking he could be life of party I expect he will cut loose all the distress over last year. LOOK OUT
Yep will you still will not see aon but that can make the game fun.
IF you look at lvl 2 right now you can already see that ubss is on the bid with 600k in buy order , you can also see that etmm has only 60500 on ask at .0065 it will make intresting to say least not sure for better or not time will tell. But AON order will most likely get alot more use now
Imho I have bought on the speculation of event due to unfold here.
I just get a Worried when people say news this week Imho we are in the dark build Phase and all this does is get hopes up for news and when it does not happen people automatically blame the company. Truth is we Do not know What Where Or When. If You Trust your own DD You can come up with Logical theory of what is in pipe. One need to keep in mind that Gates is not the only player looking at this new Financial field there is at least one other big boy and several think of jumping into it.
With some of the Potential player involved with Gates IMHO they will dot there I's cross there T's and not rush to market until they have Done there DD.
Imho we are still 3-5 weeks out from any concrete news.
with Vincent hold all of the class A shares, we know it is not dilution, his share conversion locks up the rest of the A/S. And if there is a reverse split you can bet your ARse , at least I am , it will inlclude a A\S reduction. Or Vincent will be on loosing end of deal , Imho i do not see him doing that he appears to run a clean ship and is why he waited for ault III to be out before fully investing here.
Imho it will help see what the stock is acutally doing ubss and etmm are already showing numbers by may 9th it will be in full swing all mm will have to show numbers. It will be a double edge sword youll be able to see how many are on the ask and bid. Basically youll see walls if there fake or real and how big bid support is or is not.
May 9th well have a better idea of trade movement CANT wait
http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p122114.pdf
May 9th we will be able to see the Games played Cant Wait http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p122114.pdf
Hows your neck today, Think it will be stiff in am hope you enjoy the couch LOL
Imho we will be in dark for the next month or two. I think it will take Gates 6 months to get all Personal inplace and plan in action. Im using Jan of this year when Ginewholding put 60k into agel in march he put another 690k into aia thru Gates Global impact. Now we just wait
Yes but I uselly take into consideration the translation factor regarding a pr that may be released by them but is written from a company in a country that doesnt use english first.
Imho I also Think they are clearing book at gates, so they can flow money AIA way. I just wanted to point out the fact that they may be earmarking money for aia but that doesnt mean agel has to file atm.
Imho I thinkn AIA will BE one of the Two new GDM for Gates this year
That Might not Be the case , Remeber AIA is controled by Gates but Agel owns it. Agel will have to file only if the money is directly given to Agel not being held 3rd part by Gates. Imho this has been set Up for Gates to Keep able to keep a Lid on his New GDMs but also keep in mind that once Gates opens the Faucet it will flow fast Vincent is big on as transparency.
Nvsos is Fully updated now showing Pres an tres
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=RpUjOC1CZJi3p4ILS9oqNQ%253d%253d&nt7=0
GLGT
Trust me I know what i have here , I didnt buy this on Faith I see the Progress Made and am very happy with it. I just wish we had same Glass half full look we use to so dam Glum around here Lately. Really sucked for netjoy to surround with such a suttle neg vibe so much to the point he had to get away for while , Heck Gary even you have become one of few bright spots here i can remember when you where almost run off the board for some of your views. LOL I trust my dd as you have and still do
I fully agree, I think the Comapny Progess hes been Excellnt.
Still holding, and Waiting. Heck what is 2yrs anyway LOL
We can tell from what lil info they give they are making progress. Heck where back in SI that imho i figured to be another year or two out. I bought when they where keepin investors out of the loop, that hasnt changed to much. They still are getting exposure in mainstream media. And i still look forward to time when they turn attention to investors.
They only thing that has changed is this board. I Use to enjoy reading and commenting here , It has become so glass half empty. Really what has changed with your DD to Justify this Now Mentality. I spent 25k in the .019 - .02 range over a year ago so I know how bad it look on paper dont like seeing it but The reasons i bought in have not changed so it just a paper lose.
Well back to hiding
Sorry for the Ramble GOing on 37hrs straight Just lil slap happy
That is the 10million dollar question, IMHO I do Belive that Vincent M. will use Agel to go puplic with one of his two New Gmd for this year. I see no Other reason for Vincent to put 750k (600k in Gates Units still not quite sure what it is but valued at 600k} into this company. I think that Gate Global Impact will use A.I.A to disburse the Social impact funding From Prudential
I Think either Gates Global impact , a Newly formed GDM OF Gate Global will be spun into Agel in the near future. I think we are several weeks out from anything clearing up with the future of this company. Even bloomberg report. calls aia a acquision of gates global time will tell and imho well worth the ride.
Company Officers
Jim Qian CEO
Dewu Xiong CFO
Phillip Welsh Secretary
Amy Liao VP, R&D
Yong Qian VP, Sales
IS this Amy Liao our new GLGT VP / RD
Amy Liao
Title
Vice President at GENEWIZ Inc.
Demographic info
Greater New York City Area | Biotechnology
Summary
Dr. Amy Liao is the President and Chief Operating Officer of GENEWIZ Inc. Amy is a co-founder of GENEWIZ and has held a critical leadership role in the company’s growth since its founding in 1999.
Together with her GENEWIZ team members, Amy worked to expand GENEWIZ both nationally and globally. GENEWIZ is a contract research organization (CRO) specializing in DNA-based services including DNA sequencing, gene synthesis, molecular biology, genomic services, and GLP/cGMP regulatory services. The company leads the industry in US research sequencing and outsourcing partnerships with pharmaceutical, clinical, biotechnology, academic, and government institutions. Headquartered in South Plainfield, NJ, GENEWIZ is a global enterprise with additional laboratory locations in Boston, San Diego, Washington D.C. Metro, Suzhou, China, and Beijing, China.
Amy focuses on providing the customers with the best value propositions and cultivating a value-driven company culture that the GENEWIZ team can identify with. The team’s goal is to be best in the world AND best for the world.
Along with the GENEWIZ co-founder, Dr. Steve Sun, Amy was recently selected as the New Jersey winner for the Ernst & Young Entrepreneur Of The Year® 2010, the world’s most prestigious business award for entrepreneurs
Is this
Yong Qian
CEO at BioMedicure
http://biomedicure.com/
http://www.linkedin.com/pub/yong-qian/21/1b8/859
Yong Qian's Summary
Experiences in viral, bacterial, plant, animal and human genetics, biology, biochemistry and molecular biology. My goal is to learn more from the scientific and business perspectives, and develop solutions for human diseases including cancer.
SpecialtiesGenetics, cytogenetics, chemistry, enzymology, biochemistry, molecular biology and immunology. Interested in learning more about the power of immune system against any disease including cancer.
Still trying to confirm that the releationship between Genewiz and biomedicure is there link
Really wish they just release the pr with The bios LOL
imho its in works just lil patience
Imho we are still 4-6 weeks out till fireworks. I fully expect to see volume jumps like this 3-5 more times till news then we rock it Hard. its nice to know that 50million plus in volume bring bid back Imho well see no bid 3-4 more time till it turned solid. Great day all and all
Pink sheets updated on 4/29 confirmed with ir that they are the new Mangment. She is the only Amy Liao I could find with Biotech background in R/D also held or hold VP with Genewiz another PRIVATE COMPANY
Company Officers
Jim Qian CEO
Dewu Xiong CFO
Phillip Welsh Secretary
Amy Liao VP, R&D
Yong Qian
http://www.otcmarkets.com/stock/GLGT/company-info
IS this Amy Liao our new GLGT VP / RD
Amy Liao
Title
Vice President at GENEWIZ Inc.
Demographic info
Greater New York City Area | Biotechnology
Summary
Dr. Amy Liao is the President and Chief Operating Officer of GENEWIZ Inc. Amy is a co-founder of GENEWIZ and has held a critical leadership role in the company’s growth since its founding in 1999.
Together with her GENEWIZ team members, Amy worked to expand GENEWIZ both nationally and globally. GENEWIZ is a contract research organization (CRO) specializing in DNA-based services including DNA sequencing, gene synthesis, molecular biology, genomic services, and GLP/cGMP regulatory services. The company leads the industry in US research sequencing and outsourcing partnerships with pharmaceutical, clinical, biotechnology, academic, and government institutions. Headquartered in South Plainfield, NJ, GENEWIZ is a global enterprise with additional laboratory locations in Boston, San Diego, Washington D.C. Metro, Suzhou, China, and Beijing, China.
Amy focuses on providing the customers with the best value propositions and cultivating a value-driven company culture that the GENEWIZ team can identify with. The team’s goal is to be best in the world AND best for the world.
Along with the GENEWIZ co-founder, Dr. Steve Sun, Amy was recently selected as the New Jersey winner for the Ernst & Young Entrepreneur Of The Year® 2010, the world’s most prestigious business award for entrepreneurs
GLGT
Hmm... Any Math wiz care to speculate on what the Float is
If Qain wants 900,000.00 Yuan for his Patents that would be 5,841,000 usd.
http://www.x-rates.com/d/CNY/table.html
According to NVSOS. Share Struction is still 950million updated 4/30/11
According to the Spec of deal 900,00 yuan for nnw@ to get control of Hongling Qian patents. Should of closed by july 1st 2010 there is no 8k support the stock transfer to H Qian to close the deal. Imho this deal Did not Go thru and that is how GLGT was able to acquire it
PRE-CLOSING MATTERS
Section 2.1 Government Approval and Registration
The formation of the COMPANY under this Agreement shall be subject to the approval of the Dalian Foreign Trade & Economic Cooperation Bureau. (the “Approving Authority”) and registered with Dalian Municipal Administration for Industry and Commerce (the “Registration Authority”).
For the purpose in the above paragraph, as soon as possible after the signing of this Agreement, the Parties shall prepare, and procure, all the documents which may be required by the Approving Authority and submit these documents to the Approving Authority for approval. After obtaining the approval from the Approving Authority, the Parties shall register their respective equity ownership portions in accordance with relevant Chinese law and regulations.
ARTICLE 3
CLOSING
For purposes of this Agreement, the term “Closing” means the time at which the transaction contemplated by this Agreement will be consummated, which in any event shall be on or before July 1, 2010.
http://www.sec.gov/Archives/edgar/data/1374976/000120445910001419/exhibit10-1.htm
IF you dig deeper youll see that nnws enter in agreemnt in june 15 2010 with one Honglin Qian. for 1mill share nnws.ob if he give them the 90% right to his patents so they can form Dalian Beigang Biotech
12http://ih.advfn.com/p.php?pid=nmona&article=47319758
http://www.sec.gov/Archives/edgar/data/1374976/000120445910001419
bottom page 12
http://ih.advfn.com/p.php?pid=nmona&article=47319758
stock is worth what
http://finance.yahoo.com/lookup/all?s=NNWS.OB&m=US&t=A
still attempting to dig up the relation ship between Jim H Qian and Honglin Qian
Seems like there they go hand in hand give background , not sure patent procedure in china maybe must be filled by citzen so hongling is related to jim , or maybe the H in Jim H Qain is Hongling.
Imho Jim Qian hooked up with nnws to get funding for Hongling Qian
what is value of nnws.ob
IMHO this deal is Dead and How GLGT Entered the MIX
DR. Jim H Qian is not under contract with nnws
From same filing bottom of page 19
Only two of our Chinese directors, officers and employees including Mr. Zhong Bo Jia and Xiaoliang Jia have entered into employment agreements with the Company’s wholly owned Chinese subsidiary. These individuals are a significant factor in our growth and success. The loss of the service of members of the management could have a material adverse effect on us. None of the executives have key life insurance policies on their lives and the loss of any one of them could have a negative cash effect on our business.
http://ih.advfn.com/p.php?pid=nmona&article=47319758
So nice improvment since 2007 from nothing to 1.8m
AB (Wuhan) Biotech boasted revenues of $1,840,354.92 U.S. and profits of $360,776.48 U.S. in 2010. GLGT recently acquired AB (Wuhan) Biotech, a Wuhan, China-based biotech company that's committed to developing, commercializing and popularizing advanced In Vitro Diagnostic (IVD) kits/devices.
http://ih.advfn.com/p.php?pid=nmona&article=47408765
Of coarse IMHO this is not what your attempting to point out, Now is it.
Half empty , Half Full .....
Nvsos has been renewed, not listing new Board memebers but share structure has not changed 950m. http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=RpUjOC1CZJi3p4ILS9oqNQ%253d%253d&nt7=0
First update with pinksheets since 6/10
Also pinks sheet has been updated. Is this the new managment? I think They are http://www.otcmarkets.com/stock/GLGT/company-info
Company Officers
Jim Qian CEO
Dewu Xiong CFO
Phillip Welsh Secretary, Treasurer
Amy Liao VP, R&D
Yong Qian VP, Sales
http://www.otcmarkets.com/stock/glgt/financials
I think we Can expect a press release on this weeks sometime.