Mrs Lilly Li and her investment group took control to build the company. Jerry didn't have the funds to expand the company the way he wanted to so he sold control. Jerry has over 100,000,000 common shares he possess, so it is in best interest to see the company grows and becomes prosperous. The goal of the company is to up list to a major trading forum such as the NASDAQ or NY Stock Exchange. They require a stock price of $4.00 a share for at least 90 days to be accepted. So if you have a bunch of shares just multiply them by $4.00
Now to address the increase in preferred shares from 400 to 1200 to 1. All that is for is to retain control during expansion. The new controllers aren't going to dump millions into the company just to have some sneaky crook steel it out from under them.
The increase in shares is protection and will never happen.
From my understanding there are several things in the works. One is a merger and several acquisitions. We have already seen advertising at a cost of about $800,000 for a year. There is a new water company planned for New York ans several great money producers in the works. Ignore the bashers. The movement forward has started and the shareholders will gain big time.
Now to address the increase in preferred shares from 400 to 1200 to 1. All that is for is to retain control during expansion. The new controllers aren't going to dump millions into the company just to have some sneaky crook steel it out from under them.
The increase in shares is protection and will never happen.
From my understanding there are several things in the works. One is a merger and several acquisitions. We have already seen advertising at a cost of about $800,000 for a year. There is a new water company planned for New York ans several great money producers in the works. Ignore the bashers. The movement forward has started and the shareholders will gain big time.
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