InvestorsHub Logo
Followers 138
Posts 80020
Boards Moderated 4
Alias Born 01/22/2007

Re: Iglatend post# 3425

Tuesday, 02/06/2007 1:40:14 PM

Tuesday, February 06, 2007 1:40:14 PM

Post# of 30565
" Under terms of its agreement to assist with DALIAN FUSHI's reverse merger into a public U.S. company and financing in U.S. capital markets, Redwood Capital will receive compensation in the form of up-front fees, ongoing fees for strategic planning services, equity in the company and warrant coverage. Moving forward, there will be additional fees for services and equity/warrant participation in follow-on public offerings for DALIAN FUSHI. Redwood Capital expects its compensation to result in significant six-figure revenue through the entire process. " Seems their still connected, I also think you are right.