Stratey, the beauty of Haorizi Good Life funding is NOT a dependence on the North American operations only. Funding is also via Chinese bank(s), agreements blessed by the government.
The North American Operation is the financing leg of Haroazi Good Life China.
"She opened the cooperation Silver, a breakthrough new bank-enterprise cooperation, explore a new model, has opened up a new business areas, business sector and the financial sector cooperation to support the building of a new socialist countryside useful attempt to achieve a win-win cooperation."
"At the same time signed a Development Bank and Commercial Co., Ltd., Hebei good day "1000 million rural village development projects of financial agreements" This loan is also Development Bank, Shengshangwuting, supply and marketing cooperatives in tripartite cooperation ..."
"... Ministry of Commerce and the State Development Bank jointly issued a circular calling for the construction of a system to support the market in rural areas for rural market system construction loan. Over the past year, Hebei branch of the State Development Bank (hereinafter referred to Hebei branch) on the flow of corporate loans ..."
"Preferential policies, but not directly, with financing capacity of the enterprises or institutions, need to rely on the municipalities and Hebei Province supply and marketing cooperatives, and other departments and enterprises to meet in order to complete the implementation of national and provincial support policy, organizational reporting and approval of the project work."
Notice the words "loan" and "preferential."
True, we don't know the terms, but it's enough to ask an important question:
Is Good Life's expansion being financed through non-dilutive debt funding? That is, venture debt; growing the company with debt financing as opposed to equity (sale of common stock) financing?
This type of funding is non-toxic and is an extremely rare commodity in pennyland.
Go Madame Dongmai Jia. Please let know the details.
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