Tmleads, a successful person buys a business here in the USA, for it’s patents to help his company/companies in China expand their existing business. The person does not just raid the purchased company, but decides to keep its name and to save it from bankruptcy and in so doing, has saved all shareholders. The pps rises to .16 from .06 and then to around.24 after completion of his purchase. The same person divides up the globe where the existing company in China can do business and where the purchased company can do business. The same person moves the new company to a new location and invites all shareholders and others to see his and your new company. The investment made here, will be repaid by the new growth in China, from the acquired patents by the increased sales in China and Asia. The profits will hopefully be made from the company purchased here from new contracts and from contracts secured by the company in China. The much needed equipment for the company here was also obtained by the same person.
Now keep in mind the company here had very little revenue. Only a brand name and patents and was headed south of the border into micro penny land. If shareholders did their DD, they would have realized that the market cap had doubled since the purchase and the pps has held up 400%.
All of the negativity is attributed to the history of the company and the grandfathered executives right or wrong. But in this case justified by reason of their lack of success. Not there knowledge.
But if you gave the former executives 5 or 10 years to make a sale and did not sell. Then surely we can give the new person, who appears to be trying to succeed a little more time, not from his purchase. But from the open house.
It does appear that the strategy is to succeed, where past executives have failed. There is no time table for contracts. The nuts and bolts for success was never detailed. But there does appear to be an effort.
Good luck to all.
