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Bimetal Project and Griffin Financial Group LLC Reached a Drafted Financing Plan
2011-12-28 16:05:57 来源: 作者: 浏览次数:1791 次

     Kaida Chairman Wang Yulong and CEO of Bimetal Project held a round of meeting on the 1st private placement with Griffin Financial Group LLC, Bimetal Project’s servicing investment bank based in Philly. They agreed on a drafted financing plan, specified that Bimetal Project would apply for IPO as soon as the private placement is completed prior to the Q2 end.

 

     Fewer Chinese companies applied for IPO onto U.S. main broads, stemming from two reasons - financial fraudulence was widely disclosed and attempts of negotiations between SEC and China Security Regulatory Commission resulted in vain. It turns out that U.S. funds and investment banks will concentrate their focus on those Chinese companies which have completed reverse mergers.

 

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