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Wednesday, August 20, 2008 8:49:37 AM
Look like some people believe haorizi have 1800 lions food shops like in america or europe .
But noo all these shops are owned by franchise working with the haorizi products .
Most of these shops are very very small and for people who know NYC these shops are more looking like the hot-dogs corners avaible in any streets than something else .
This do not mean they are scams just this is a very small business .
+ people dont need to forget that chineese cost of live is not the same than in europe or in the usa .
When you spend 250eur "400 usd" for food in a month a chineese family will spend 25eur "40 usd".
So yes they most probably moved to public market to find funds to invest more in the business and become very bigger .
So they sold over 400 000 000 shares on the market and 50 000 000 left over .
But the money they did solding shares will be invested in the growing of the company .
Now I dont know if they will reach a productive situation and I dont know if there will be a reverse split .
But I know in what I invested my money .
I have a chineese friend from Beijing that will take pictures from some small mobile or not mobile shops of the haorizi business .
My chineese friend told me we see a lot of these very small shops from Haorizi in beijing but they are most there for quick lunch or quick small shopping or quick coffee before to go at work etc .
I hope my chineese friend will not take too long to take pictures from running haorizi business in beijing .
When I receive them I will post pictures here .
Sorry for my poor english ,english is not my primary language .
leole
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