Zhejiang Dashang Media Co Ltd (TKVR)

[Potse]

EVCI(.58)...accumulated a position.....

I accumulated a position in the 44-60 cent range today (28+K shares at an average under 50 cents). Risk/reward potential around these prices looks excellent to me. Absent a major correction in the general markets and/or shell market, I think EVCI has a pretty decent chance at seeing prices above the $2 level.

From my viewpoint, the primary risk is that Ben/Synergy has not yet disclosed the terms/status of the preferred shares that he purchased. I'm taking a chance here that Ben will structure the shell/preferreds so legacy shareholders retain an "acceptable" percentage of the RM target.

I purchased a position in another of the Synergy shells over the last week (BDCM). I did some back-of-the-envelope calculations before buying that shell. Depending on the exact sequence/timing of any preferred conversions on BDCM, the legacy common shareholders of BDCM would retain a minimum of 4% of the post-RM company. I'm hoping to see something reasonably similar here on this shell.