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wubing

4,133 Posts.

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23/11/16

11:03

Post #: 20814980
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Originally posted by wubing ↑

I would strongly suggest a Jinhong takeover.
As Jinhong already commited 10M USD (in total 30M USD) in the JV which appears they valued the technology much higher than only 30M USD, How about a takeover of the technology or the company in a whole?
If the take over of the company is a bit tricky, then they can simply acquire the technology which is clean and clear.
I am very much keen on Jinhong to get the technology or takeover of the company rather than Pacific Road which is really greedy.
IMHO

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CNX Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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