Spinng on something that should have been completed long ago.
The company clearly does not have the cash, to pay for, or to accomplish fundamental corporate finance tasks. They needed the Tout, to fund doing business in China, which they represented as they were already doing. Hubris is one word here.
If you understand anything about operating in China, you would understand all companies "must" do this, preemptively, or first, and all do it well in advance of operations.
Here is your reason for not reporting any Chinese receipts in December, they could not, "legally"( legally means something different in China), or even be associated with transactions, until this was accomplished.
Market Cap will falter when these numbers come in, and calculations are applied, but the insiders may have already accomplished what they intended.
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- Ann: Netlinkz acquires AoFa Engineering (Shanghai) Co Ltd
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Ann: Netlinkz acquires AoFa Engineering (Shanghai) Co Ltd, page-5
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