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Saturday, April 15, 2017 5:51:04 PM
There's a reason DOLV picked Richard Oravec as their IR.
This article, which has been posted before, may also be of interest to newcomers:
Charles Lee: How Well Do Chinese Reverse Mergers Perform? New research suggests these companies performed better than their reputation suggested.
First line:
To flip an old adage on its head: If something sounds too bad to be true, then maybe it isn't.
Easy to think that a Chinese Billionaire wouldn't go public using a penny stock shell. But as the article a few posts back highlighted, there's a timing factor at play here. My understanding is that this is the fastest way to go public while maintaining the most control over the company.
Just as challenging as it may be to consider that a billionaire would go public this way, it's more challenging for me at least to think that they would risk their reputation on a scam or half-a**ed rollout.
The upcoming fins may come with a PR.
In my opinion, there's too much riding for the company for this to be trading in this territory for very long.
Time will tell.
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