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Re: finesand post# 898

Friday, 08/30/2019 6:14:45 PM

Friday, August 30, 2019 6:14:45 PM

Post# of 924

Now we have one question.
Where are the e-commerce online shops on Amazon and AliBaba?



2018-11-15 http://ir.kbsfashion.com/news-releases/entry/145/

It's noteworthy that KBS products are also available on North American and European online stores of Hangzhou Siteng Network Technology Company Ltd. ("Siteng"), an e-commerce service company in China.



but then ..

2018-12-11 http://ir.kbsfashion.com/news-releases/entry/146/

As previously announced on September 20, 2018, the Company entered into a non-binding letter of intent to acquire 51% of Siteng, an e-commerce services company based in China. Pursuant to the letter of intent, the transaction was to close no later than June 30, 2019. The parties have mutually agreed not to proceed with the transaction and terminated the letter of intent, effective immediately.



Therefor, they haven't started the e-commerce sales.

Well, they should just do it themselves - can't be too hard, or is it?