Value Microcaps Motherboard

[cliffvb]

OPAI - I'm wondering how the company will pay for that new production facility. Not sure what their current production is but this new one must be huge if it could add $1 billion in sales by 2010. Maybe they are doing a new stock offering to help pay for it??

Orient Paper to Build Paper Milling Facility; New Facility to Substantially Increase Orient's Bottom Line
5:00p ET May 27, 2008 (Business Wire)
Orient Paper Inc. (OTCBB: OPAI) (the "Company"), one of China's largest paper milling manufacturers announced today that the Company is planning to build a new paper milling production facility in the second half of 2008 with annual production totaling 1.2 million tons.

The facility will occupy approximately 2 million square meters with its main products being corrugated paper, offset paper, writing paper and Diazo paper. Once the facility is operational, initial production is anticipated to be approximately 0.5 million tons. It is estimated that by 2010, annual production could reach approximately 1.2 million tons. It is expected that by 2010, sales will be between $800 million and $1.3 billion with net income in the range of $160 million to $230 million.