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Re: Quintessence post# 39

Friday, 10/04/2019 6:39:39 PM

Friday, October 04, 2019 6:39:39 PM

Post# of 44
Merger 8k out


Party A is an American company trading on the OTC market (symbol:CVTV) and is a new media company that has a cross-strait, global presence and a global audience of 3.5 million (including Facebook, Weibo, Miaopai, and other Internet ( and Internet TV. Party A is currently working towards listing on NASDAQ.

Party A (or a third party designated by Party A) shall acquire all of Party B’s shares. The three parties agree that Party B’s valuation is: RMB 50 million x 12 times PE = RMB 600 million (= $84 million).