DesertRat1...name, ACTN.....
"Potse, what's your take on the fact that the company name was changed with the Nevada Secretary of State immediately upon the Meuse purchase? I noticed that with ACTN, even though they have filed with the SEC disclosing a merger deal, the name has not yet changed with Nevada. It seems to imply that Meuse might have different intentions with CCKH, or perhaps something was already in the works as control was acquired."
Regarding the name change: I don't really know for sure what to make regarding the timing of the name change, but my assumption is pretty much in line with what db7 mentioned. The fact that the name has been changed to "China Domestica Bio-Technology Holdings" seems to suggest that a specific RM target company has likely been selected or already signed to a deal.
Regarding China reverse mergers and names: Quite often on China RM plays you will see that the name selected to represent the new company has little or sometimes no resemblance to the actual name of the China company itself. That can make it pretty difficult to find information via search engines.
Based on CCKH's new name, I am assuming/guessing that the RM company or new business direction probably has something to do with biotechnology in the areas of pharma, agriculture, or perhaps some sort of environmental applications.
By the way, I see ACTN has traded a fair amount of shares around 18 cents today. That gives the ACTN shell shares a valuation of $3.3M. For comparison purposes, that is the equivalent of the CCKH shell (current market cap: $700k) trading at over $1.40/shr.
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