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Re: temp luvs amy post# 542

Tuesday, 11/06/2012 3:30:49 PM

Tuesday, November 06, 2012 3:30:49 PM

Post# of 696
temp luvs amy...reverse merger candidate.....

I don't think they ever actually specified it in the first place, at least not officially. It was more a subliminal message in the company name change. They only stated that they were seeking a candidate. Housefly seemed the logical choice.



Officially (from an SEC filing perspective), CDBH never specified that Daqing Moringa was the RM candidate. However, nearly every piece of information associated with Daqing Moringa made a pretty clear indication that Daqing Moringa was intending to reverse merge into the CDBH shell. Among the things that made it a pretty logical guess was: the use of the name/symbol in Chinese newspaper articles, the use of the name/symbol on Chinese government websites, the use of the name/symbol in Daqing Moringa job postings, the use of the name/symbol on a newly-established English website for Daqing Moringa, and the potential financing-related involvement of a major Chinese institutional investor which used the name/symbol on its website.

So clearly there were a number of people in China (ranging from Daqing Moringa itself to third-party institutional investors) who believed a RM between Daqing Moringa and CDBH was basically a done deal.

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