Dear Ricky, please give MHJ shareholders 40% interest in the new proposed reverse merger...
If MHJ already had over $164 million of total shareholder equity in Sept of 2009 or close to $26 per share then a price rise to a fairer valuation could bring in larger investors if it moved to or above the $50 million dollar market cap...
Would need to hit around $8 per share to pass that $50 million market cap...Considering about 6,383,000 shares outstanding...
Still would be only about a third of stated total shareholder equity value from the company in Sept. 2009 6-K filings...
If the price moves up people can request Ricky to consider approval of others before rushing to new ventures without letting all review them closely...Not saying that a filing of info and a vote plan to shareholders won't come before a reverse merger can occur...
But a definitive agreement sounds like some things are in motion...
Don't current MHJ shareholders deserve the best deal for their investment though even if it means getting a better percentage in the reverse merger planned?...
The IR question submission area on the company website works...
Why shouldn't MHJ shareholders get 40% ownership in the reverse merger because the company is already listed...Metro China-Rural Limited is pursuing public listing...
And most would feel more prosperous...LJ
MHJ already has Pearls...
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