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Re: lc45 post# 105172

Sunday, 06/01/2008 9:47:08 PM

Sunday, June 01, 2008 9:47:08 PM

Post# of 143047
Yes...IMO they have to form a new SPC to complete this deal...I think they have or are in the process of that now.

I am not that "up" on SPC's.....It is my understanding that this is required when dealing with China companies(but I could be wrong)

IMO we will have the same process as we did with GLCC...except things will move ALOT quicker!