China Feicui Guodian Group Limited (NASDAQ:KNIK)

WEB NEWS

Saturday, May 22, 2010

Reverse Merger Activity

On May 14, 2010 China Feicui Guodian Group Limited  became a public company via a reverse merger transaction.

Company Snapshot:

Designs, develops, manufactures and installs electric power transmission and distribution equipment in the PRC.

Industry Snapshot:  Not yet available.  Additional information  will be set forth by amendment to the 8K.

Post Merger Share Calculation:

  •      100,068: Pre reverse merger outstanding shares
  • 14,706,617: Newly issued shares of Common Stock

All share numbers give effect to the 1-for-20 reverse stock split which was approved in connection with the closing

GeoTeam® best effort calculation of total post reverse merger shares assuming full conversions:  14,806,684 or 15,006,752 per the 8K filing.

Financial Snapshot: Not yet available.  Additional information  will be set forth by amendment to the 8K.

Note, that as of this date the stock price has not yet reflected the reverse split.



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