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Tracking 1053 U.S. listed China Stocks and Counting...
Tracking 1535 U.S. Stocks and Counting...
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Soko Fitness & Spa (OTC BB:SOKF)
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Tuesday, January 18, 2011
We have historically funded our operation primarily through bank loans and incoming cash from operations. Over the next twelve months, we intend to pursue organic and acquisitive growth in the future and increase our market share in China. We are also evaluating acquisition and consolidation opportunities in China’s fragmented fitness and beauty salon and spa industry. We believe that we have sufficient funds to operate our existing business for the next twelve months. However, in addition to funds available from our operating and short term bank loans,
we may need external sources of capital in order to fund our expansion
.
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Fitness
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sokofitness.com