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Re: PTLIAMHIS post# 34415

Tuesday, 06/07/2011 3:08:02 PM

Tuesday, June 07, 2011 3:08:02 PM

Post# of 98509
While a listing on a Chinese exchange is unlikely to involve trading on our current float, a Chinese listing would help the company raise more capital and therefore increase the overall capital of the company, which would help us accelerate growth by having more money to open new stores, etc.

I've found that a requirement to list on the Shanghai Stock Exchange is a market capital requirement of no less than 30 million RMB. http://en.wikipedia.org/wiki/Shanghai_Stock_Exchange

1 RMB = .154 USD

According to yahoo finance, our current market cap is 4.63 million USD. Therefore, we currently have a market cap of 30.05 million RMB.

This chinese listing is not far off people!! Our CEO hinted in our last PR to give newbs a chance to get in - don't miss out!

Also, I'm going to do some more research to see the effect on american companies that have listed on a chinese exchange in the past, but if someone has already done this research then please reply.