News Focus
News Focus
Followers 0
Posts 75440
Boards Moderated 6
Alias Born 05/24/2005

Re: MONEYMADE post# 35314

Sunday, 06/06/2010 6:08:50 PM

Sunday, June 06, 2010 6:08:50 PM

Post# of 53986
CAS (Chinese Accounting Standards) CERTIFIED $54M NET ASSETS!!!!!!

This was prepared by the auditor

SOURCE 8k filing: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7292400

According to a recent appraisal prepared by an accounting firm in accordance with China accounting standards, the Chinese company has net assets worth RMB 370 million (approximately US $54,000,000) and will generate annual revenues of RMB 100 million (approximately US $14, 000,000) after its completion of construction of Phase I and execution of rental contracts business in early 2011.

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today