Wednesday, June 15, 2011 11:17:43 AM
Shares will have equal value on this future exchange-most likely at least 2 months in future-since pennies unrealistically panic about everything.
I don't see a downside. The pps is severely undervalued due to improperly applied ce, sale of ca 450 million shares by big holders ca March because they knew there would be a couple month delay before next shipment,and because the market has been down for 6 straight weeks-which is very unusual-but we should have long term insulation since CWRN sells to the currently most recession proof country.
OTCBB will greatly enlarge potential investor pool and be a shot in the arm-like a promotion-but without the negative side effects.
Given Bobs past negative experience with JV's ,I'm sure he will be careful and will most likely retain a good measure of operational control. Just as CWRN will be operational partner in Nazarena-2-28 PR.
Most likely merge with those present private Nazarena partners and another private company affiliate already known to us. This last mentioned has reportedly been a great help in financing the start-up and has funds to invest and very good China contacts and has buyers lined up-see their website.
If the PR has been carefully worded we are not merging with a present publicly traded company but forming a NEW company with the above mentioned current affiliates and Nazarena partners.
Imo. I'm not a financial adviser nor compensated for my posts.
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