In my previous post I mentioned that the value of the three reverse merger candidates which Redwood/SIVC were working on were worth $8.4 million combined. Which comes out to about $2.8 million per transaction. But that is just the equity compensation in shares that Redwood/SIVC receive for assisting in each reverse merger transaction.
So in actuality, the value of the shell will be worth much greater because the $2.8 million is just the value in shares that Redwood/SIVC receives for assisting in each reverse merger. That is their cut off the top.
So the Dalian Dalian Chuming Group Co. , which we believe to be reverse merging into TLTK.pk is probably worth much more than $2.8 million.
Here is some info. The Dalian Chuming Group Co. www.chuminggroup.com is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.