The Band plays on

The company is still not providing the financial disclosures, that a share holder might expect, in a company purporting to be a 280 million valuation.

This forum has been clamoring for sales figures from the China market, to substantiate this valuation. Because of the lack of disclosure, this question is still to be revealed.

The company made an announcement that a Grant Thorton Partner has joined the Board, which brings an unquestionable “Imprimatur” to the company, GT would not allow it’s Brand to be sullied by something untoward.

Now the company, again before the release of financials, comes up with 10 million, to buy an Australian legit company with real people, real product, interesting IP, apparently real earnings, an acquisition that could possibly inflate or keep inflating this shell.

Hate the player, but do not hate the game, this strategy was suggested to JT many times, many times that I know of, if the loan\new capital, is not overly dilutive, and if this team can actually use the base Australian IP, without using suspect Chinese coders to write anything new or complimentary, a move that largely keeps the product from being marketed outside of China, this could work.

Work meaning……potential…it will always be a very competitive marketplace, internationally.

Looking for that Telstra announcement, they had it before, they should use it again.

This announcement, and the new Director changes the game, to the positive for sure, but without disclosed numbers, still a speculation.