Also it is a long process to get a company who does business in two countries through the bureaucracy.
So it was probably cheaper to reverse merge than to go through the hassle of waiting years for the bureaucracy to approve you.
Anyhow.
YOD is my fav stock. and I make good money trading now... it's actually main form of income this year since I made a killing last year.
That and it is hard to find a writing gig.
So out of work writer = Stock broker.
So I have done a ton of research, everything from the psychological nature of CEO, to the history of everyone in the company. Heck I even looked through their help wanted list.
Wish I knew Chinese I would love to be an intern there.
I know the Chinese consumer from my work on reality TV.. (Yea I'm one of those people)
I know for a fact the company strong point is that twenty year contract, and virtual monopoly on all two way tv techs by 2020.
They won't be dethroned as look very yummy to any number of giant telecoms wanting market exposure in China.
Once it is set up,you can bet the MAJOR cable and sat companys will be willing to pay a 10,000% premium for a super healthy MALE driven market place.
Remember,the one child policy in China has left a super population of men between 20-35,who have nothing to do.
The film content warner provided is perfect. They literally have every hit that has hit China.
And remember the Chinese gov just helped us,they told Hollywood only 10 movies down from 20 allowed in China per year now.
This is great for us, stay home after a long day of building ipods,and watch the Matrix.
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