China Unlimited

[kindama]

I think that guy missed a lot of key points.

The CEO is not going to be terminated. The Nevada parent company will get a new non-executive chairman. BFD. Han will continue as CEO and will continue to control the operating business where all the cash is held.

It's incorrect to suggest that "the rest of the management team" is aligned against the CEO. The CEO currently controls all of the real assets and all of the employees work for her, except Tick who is more like an external consultant. The CEO cares so little about what he does that she is not even paying him. Where do you think the loyalties of the Harbin-based accounting department lie? If the company wont even give Tick a paycheck then can you believe that everybody is still working to give him accurate accounting info?

Tick signed the note agreement on behalf of the company and again on behalf of himself as an investor.

The real battle will be when Harbin Baixin Biotech tries to exercise the VIE agreement to get the cash out of Daqing Shuaiyi Biotech.