Tuesday, September 12, 2017 1:42:40 AM
Just waiting on the sales numbers now and confirmation of ZJMY part-ownership of Long Star Guangxi in a Quarterly Report.
I definitely agree that the revenue potential is staggering.
I also agree with one of your earlier posts that the 35.5 million (or some part of that) increase in OS could have been shares given by ZJMY to Guangxi long for the new energy vehicles Technology Co., Ltd to become almost a 40% shareholder in that Long Star company.
That could be what some of the Preferred Class E shares or other Preferred shares were used for, the part-ownership in Guangxi Long Star and hence the OS increase. We may have to wait until the 3rd Quarterly to see this. I don't mind some OS increases if they are for joint ventures.
Good posts tonight NRJ.
From Long Star site, sounds familiar.
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