primorec

China Yingxia: Early Signs of Tremendous Growth

I posted a commentary on your previous post about this company, that remained unanswered.
I would appreciate any commenty about this.
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rom 8-K:
" On July 16, 2007 China Yingxia completed the sale of 1,000,000 Units of securities to a total of 3 investors. Each "Unit" included two shares of common stock and one common stock purchase warrants exercisable at $1.50.
The Units were sold for a price of $2.00 per Unit"

So approx. 10% dilution of outstanding stocks for price way below market price on that day. I am wondering to whom they sold these "units"??

Next, I see the departure of Gerald Montiel and the nomination of Lixue Deng (son of the CEO) as negative for the company. Any coment??

China Yingxia International: The Next Chinese Microcap Champion?

from 8-K:
" On July 16, 2007 China Yingxia completed the sale of 1,000,000 Units of securities to a total of 3 investors. Each "Unit" included two shares of common stock and one common stock purchase warrants exercisable at $1.50.
The Units were sold for a price of $2.00 per Unit"

So approx. 10% dilution of outstanding stocks for price way below market price on that day. I am wondering to whom they sold these "units"??

Next, I see the departure of Gerald Montiel and the nomination of Lixue Deng (son of the CEO) as negative for the company. Any coment??