Goldenway Inc (GREY:GWYI)

Thursday, August 16, 2012 | Web News
Goldenway, Inc. Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Expressed in US dollars) (Unaudited) >
Thursday, March 29, 2012 | Web News
Our Growth Strategy We believe that the precious metals market creates a significant growth opportunity on which we intend to capitalize by utilizing the following strategies:...
Thursday, March 29, 2012 | Web News
> GeoTeam® Note: 2011 vs. 2010 Fourth Quarter Adjusted EPS was $0.39 vs. $0.27
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Through our subsidiary, Goldenway Precious Metals, we provide investors with access to the gold and silver market through our convenient and efficient 24-hour electronic trading platform and telephone transaction system where they can purchase and sell gold and silver in Hong Kong. Through Goldenway Precious Metals, we are a recognized electronics trading member of the Chinese Gold and Silver Exchange Society, or the CGSE, in Hong Kong, and hold a Type A1 License which authorizes us to engage in the electronic trading of Kilo Gold and Loco London Gold and Silver. Our trading platform provides our customers with the best price quotations on gold and silver spot contracts, on a Loco London basis, as well as information updates on the gold and silver market. We also buy gold and silver from our customers on a spot basis. Our revenue and operating profits are primarily derived from the spread of the bid and offer prices and on interest determination discussed under “Our Industry” below. Our technology allows us to set a spread into the spot price of gold and silver and to execute a transaction once the bid price of our customers meets our offer price.

We intend to acquire Voltrex Limited (“Voltrex”), a company registered under the law of England. Voltrex engages in foreign exchange trading business.

Last updated October 10, 2011