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Thursday, 05/03/2012 10:08:55 AM

Thursday, May 03, 2012 10:08:55 AM

Post# of 2343949
NOEC 17 MIL OS HUGE RM LOOK AT REVS OF ACQUIRED COMPANY

Xingyang is a leading waste paper recycler and manufacturer of corrugated board in China. In 2011, Xingyang recycled and sold 33,000 tons of waste paper which generated revenue of $8.41 million. In the same period, Xingyang also manufactured and sold 45 million square meters of corrugated paperboard, and 20,000 tons of corrugated papers and carbon board, generating revenues of $30.63 million.

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