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Re: None

Thursday, 01/21/2021 10:46:15 AM

Thursday, January 21, 2021 10:46:15 AM

Post# of 28549
One has to base the company valuation on what the company is and from what I can tell this company so far only includes the North American operation.

It will be interesting to see how well the company is doing, we know of the 2 contracts totaling about $45 million and we also know the Far East to US freight is at an all time high.

What we also know is that the US company is paying about $500k plus 7% commissions to the China office.

So I think a major question is what does the US operation earn and what other percentages go to the overseas affiliates.

Lastly, I expect to see some extraordinary expenses in the upcoming statement due to merger, accounting and financial costs.

I hope to see strong profitability.

Good luck to us all!!
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