Just to clarify, as I have received several private messages about this.
I did not mean that „Kiwa“ (most probably the company will also be re-named after the merger), will have a market cap of a billion dollar right away. But after getting listed on NASDAQ and showing some quarters of growing revenues and profits, they should have this position. Xiaoman has a very strong position in the Chinese market by now.
However the issue of market cap depends of course very much on the number of outstanding shares in future and the value of the assets, which will be given into „Kiwa“.
But I will not speculate furthermore, how things could be arranged in future about new shares, participation, assets etc. We will see this soon enough. I think the audit of financial reports will be finalized soon and we will have a clear picture within November.
And I am very much sure, that position of existing „Kiwa“ shareholders will be much better after the merger than it has been before the delisting in September of last year.
We have to keep two important issues in mind:
- Wei Li, the previous CEO and founder of Kiwa, does not give his life work away without having big expectations about his own benefit on that. And as far as I know him, he also has other shareholders and the staff of Kiwa in mind. Indifferent what other people here might think, these people of Kiwa are honest people.
- Xiaoman would not take the track to the stock market, if they would not expect a huge benefit from that
So I am done here, because at the end of the day, I also have to wait and see what is going to happen. All the best for everybody here who is still invested in this company.
