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Re: MegaDeath post# 7

Sunday, 08/05/2018 8:02:44 AM

Sunday, August 05, 2018 8:02:44 AM

Post# of 79
Hard to say, with a 91K share float $2.50 could be incredibly cheap, if or when the Chinese decide to start buying this.

Market cap right now is only $18M, this news article would seem to indicate that this one project with the Yushu Government last year is worth 2.2 Billion yuan($322M USD) alone.

http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://chang-qing.cn/news/news_n%3Fid%3D55&prev=search

Add this one claims they have already invested 10 Billion yuan($1.4B USD) in various projects:

According to the information, after more than 10 years of development, Evergreen International Group has invested nearly 10 billion yuan. It has built and under construction in 18 scenic spots, 7 green ecological bases and 10 major Zen recreation and maintenance bases, mainly distributed in Hainan. 11 provinces and autonomous regions including Yunnan, Guizhou, Sichuan, Qinghai, Tibet, Xinjiang, Guangxi, Jilin and Hebei.


http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://k.sina.com.cn/article_2955253145_b0259599001004ome.html&prev=search

Apparently they want to sell up to 1/3 of the company, and raise $150M USD through equity financing deals, it would make sense that they would want the share price as high as possible for this.

Wei Jianguo said that the Evergreen International is willing to take equity financing, project financing, debt financing or equity like financing (equity repurchase, equity pledge, etc.). In equity financing, the group company may consider selling the shares of the main company not more than 1/3, and the item company assignment under the group company can consider selling not more than half of the equity. The share price of a listed company is decided by the two sides' agreement price, and the transaction payment is cash plus equity swap. The payment should include at least 1 billion yuan in cash. Short term financing is going to be promoted in the near future. In the next one to two years, the evergreen A IPO will provide stable exit for investors



http://chang-qing.cn/news-en/news_n?id=168

Obviously, it's all still very early stages, thus far there has just been a change of control and Jianguo Wei has been instilled as President, Treasurer & CEO of the EVGI shell. There is still a long way to go and much we do not know.

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