Modern technology these days causes these types of things to happen. There are far too many electronic means of communication. I remember having to wait to read stuff off of briefing.com, fly-on-the-wall rumors and the only time we actually got confirmed news was through the issuance of a press release from the company itself. Nowadays everything is instant gratification by way of Twitter updates which I don't think this company even has it Twitter, website updates which of course none of us can read Chinese so we wouldn't even know if they put something on that website. Then we have LINE, which is texting some video chat app that's been around for quite a long time and mostly used by the Asian block countries. Some companies are using an app called Telegram which they use to inform partners and shareholders and investors 2 updates instead of paying to have press releases issued. The world has indeed changed and the way news is disseminated has changed accordingly. But the bottom line is that our Q3 filing is do sometime before or on November 15th and that should have some of the details in it as it covers all events up to the end of September.
That being said, we will either receive a LINE update AFTER the seminar which ends at 5:30 p.m. China time, which is 5:30 a.m. eastern standard time here in the United States. If the company chooses to update interested parties by way of the LINE app, then we'll have our confirmation that they are reverse merging into our ticker symbol, sometime between 5:30 a.m. - 7:30 a.m. our time which gives everybody plenty of time 2 review the update prior to Market open 2 hours later.
Being that this Chinese company is going to be trading publicly on our US based otcmarkets, they're going to have to get used to hiring somebody proficient in the English language to issue press releases and field shareholder concerns in ENGLISH. There should be no need for us to have to continue to convert Chinese into English once the reverse merger takes place and they are trading on a United States based Stock Exchange
