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Re: None

Thursday, 09/27/2018 9:36:29 AM

Thursday, September 27, 2018 9:36:29 AM

Post# of 5812
I found a similar transaction to KRBF

Symbol is, until tomorrow 00:00, WLUC and will be ZYJT after that.

Same model as KRBF where the WLUC shell was bought and all debt settled, and the purchaser turns around and sells the shell for $325K to a Chinese national.

The sale of the debt-free shell occurred in February 2018 and the merger of the Chinese company into the shell just completed July 31st 2018 so around 5 months.

Peterson sold KRBF to Wai Lim Wong June 5th 2018. While there is no reason to expect a similar timetable to WLUC, if the timing happens to be similar then the merger would occur in October sometime. Just around the corner!


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