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rheddle

08/08/07 11:30 AM

#6948 RE: DaddyCoopDogg #6947

I have a feeling the Q2 report will contain information about the old company and perhaps little or nothing about the new company, other than to state that the deal is on the table.

Although Bryan has his shares, we are yet to see a filing about the shares in escrow being transferred to Dazhu Fuda. That is a material event, so I will have to file it. Correct me if I am wrong, because I am going from memory here without reading the whole filing again. I don't care enough to check because I am in anyway LOL however long it takes. Either way, we saw no subsequent filing relating to events prior to 3oth of June, so I don't see how the Q2 report can reflect the new organisation. Greentree also said that Dazhu Fuda are receiving help in scripting their business plan for the filings at the moment (this was a conversation I had at least a month ago with Greentree, possibly more).

The Q2 report may be quite dull IMO, but we should see filings between now and the Q3 report, because they apparently want to have everything done and dusted by then at the absolute latest and Greentree told me that they are working to get it complete before hand.

Either way, we will see an increasing number of filings between now and November 15th as each stage in the process is completed. When I spoke to Greentree a week or two ago, they said they had 70 days to file the audited financials for Dazhu Fuda and expected them to be posted sooner than that.

That should create some real buzz IMO and the share price should appreciate nicely in advance of the Q3 report.