On September 3, 2008 Tag Events Corp. entered into and consummated a series of agreements which resulted in the acquisition of all of the ordinary shares of Deer International Group Ltd. This was a reverse merger.
Deer Consumer Products, Inc. is a U.S. public company headquartered in China. Supported by more than 103 patents, Deer is a market leader in the design, manufacture and sale of home and kitchen electric appliances targeting the vast Chinese domestic consumer markets as well as customers in more than 40 countries worldwide. Deer's product lines include blenders, juicers, pressure cookers and other home appliances designed to improve home lifestyles in today's fast paced society. With more than 100 global and domestic clients/branded products including Black & Decker, Ariete-Disney, Toastmaster, Magic Bullet, Back to Basics, and Wal-Mart, Deer has enjoyed rapid sales and earnings growth in recent years.
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muscleman 16-Sep-2011 06:51 PM
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I see. Thank you for the clarification.
The more that I learn in this space, the more convinc (#11945)
In Response to original message: #11943 posted by whitetiger on 16-Sep-2011 04:48 PM
I see. Thank you for the clarification.
The more that I learn in this space, the more convinced that most of the public China firms are frauds to some extent. Even those companies that are listed in China main board. Since there is no short selling available, there is not much incentive to dig out the fraud. I think there is still a long way to go before it is purified.