Safeplus International Holdings Ltd. (ACAI)

[faceoff]

He is taking over the shell the correct way. He buys enough shares, files paperwork, has hearing... If enough shareholders put a stop to it, it will not go through. However this is a dead shell. BIPH sold all rights to patents... IMO there is no reason for them to stop it. Other shells get shutdown because they are hijacked illegally no paperwork, tons of shares already dumped on the market, too many owners and bad paper trails. BIPH is pretty clean compared to some dead shells. If the old BOD and management are still holding shares this is a chance for them to have some value. Lot of upside to not fight it. The alternative would be for BIPH to fight it and de-list. Why do that? There is nothing left here and the shell is still in good shape (share wise)..