Jack Sun, I like your disposition...settlement of Open Balances. As I see there are 3 Issues>>>>>>>>>>>>>>>>>
1.Legal>>>>> apparently you feel confident that it can be settled satisfactorily to all parties. Hence it becomes a non issue!!
2.Business>>>> The Technology looks Green & Great...just what everybody needs!! It has been proven i.e the derivative products have been well accepted by the Markets and there are a whole lot of more products yet to be spun off from the technology. So far there are 3 segments: Cleansing, Cosmetics & Medical....Cosmetics & Medical have higher margins. Looks like you have access to Capital & Management Expertise...great......but you need to put the right blood into the company as it is in a stage of high to exponential growth. Pike has invested heavily , 186Million shares and so a meeting of minds may help. Finally, If I were you I would like to see the License Agreement between H.H.Brown & Dicon Technologies (made in 2007 Nov)...never was filed with the purchase agreement....and may be Wayne Celia can come back as Chief Scientist.
3. Share Structure...needs to be cleaned out.....the company doesn't need a whole a lot of capitalization as the equipment is in place....I think they mainly need WC ...and so the surviving company should be fine with just Common Equity....no derivatives please!!
Bottom line: Capital & Management Expertise and if you have these 2 it is a Strong Buy, even if they find the OS is 3B as this company can make $1Billion in less than 3years!!
AI
