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Friday, 12/20/2019 4:31:40 PM

Friday, December 20, 2019 4:31:40 PM

Post# of 12924
CXDC. Too funny, hedge scum beating the stock down 5% on this press release. When we are one step closer to a buyout.

Specialty Chemical Company China XD Plastics Announces Drawdown of US$135 million Loan Financing
https://finance.yahoo.com/news/specialty-chemical-company-china-xd-142000762.html

From the Q2 CC

Okay. So it's reasonable, I mean I know you can't say anything about the buyout, but it's reasonable to assume that the buyout is not going to occur until after the debt is refinanced. Is that a reasonable assumption?



Okay. So with the help and recognition by major financial institutions and banks in China, we are able to make some progress this year. You are about right about the timing of the company's capital structure improvements, will probably happen preceding the potential funding for going private. Right now, we are facing a little bit of a hiccup because of the stricter currency restriction in China. But Chairman Han said, he's going -- is continuing to pursuing the transaction, and he still remain optimistic about the efforts

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