Good find 12yP & NB! 1. Recommend the increase
Post# of 3844
1. Recommend the increase of Authorised Capital to enable fund raising by way of issue of Equity Shares / Share Warrants / ADR / GDR / FCCB for the upcoming E waste recycling plant.
Cerebra Integrat - Outcome of Board Meeting
Cerebra Integrated Technologies Ltd. | 14-Aug-2014
http://www.majorgainz.com/news/MarketDetail/1...eting.aspx
http://www.ewastesystems.com/wp-content/uploa...-10-08.pdf
Item 1.01 Entry into a Material Definitive Agreement.
On September 16, 2014 E-Waste Systems, Inc. established a company in the UK called EWS-China Ltd. The new plan implemented to proceed with the expansion strategy in East Asia is managed through this new subsidiary. An Executive Committee formed with both internal and external experienced resources will guide the operations. The company will be independently capitalized in order to design and develop ventures and support operations related to the eWaste, eVolve and eIncubator business units.
Partnership with a leading accounting firm with an understanding of the China market and business practices while focused on US GAAP accounting will provide, from day one, the consistent support to review all the contracts – either already existing or those that will be entered into in the future, to achieve the consolidation of balance sheet final results. Regular reporting, US GAAP accounting, proper financial controls, and full managerial responsibility provide the best practice tools to manage the operations, maintaining the full commitment to the highest standards and complete sustainability.
Ews-china Ltd is a Private Limited Company registered on 16 September 2014!
https://www.opencompany.co.uk/company/09220176/ewschina-ltd