Sorry, I don't speak German, but here is a response from Flora at Fintel regarding the reverse merger with MKA Aviation...
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From: "Flora Song" <flora.song@fintel.com> Add to Address Book Add Mobile Alert
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Subject: your question
Date: Thu, 8 Dec 2005 14:36:13 +0800
Dear Mr.
Evidently our earlier email didn't reach you. I'm very sorry for the delay.
Fintel did not undergo a merger per se, rather more akin to a reverse takeover, but at our instigation. The takeover is a default of the efforts we made to acquire 75% of MK Aviation. The acquisition expands our scope, and should prove to be highly valuable to our shareholders.
Fintel (Nevada registered) remains as the parent company, but will change its name to MKA Capital, to reflect the focus and expansion of the operations. MKA Capital will have 2 primary segments: 1) aircraft leasing and 2) investments in Chinese SMEs (same as FLTL prior).
Shares will not be issued to FLTL shareholders in consequence to the acquisition. FLTL shareholders and their holdings remain constant, but diluted on account of the share issued for the acquisition.
By float, I take you to mean the number of shares that can be freely traded on the market. At this time, this number is approximately 25mm shares. This number is expected to increase over time, as the SEC restrictions come off for certain issues made prior.
Beyond this, the SEC restricts our ability to release information, so we cannot divulge more.
Please do not hesitate to contact us if you have any further questions.
Best regard.
Flora
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