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value1008 01-Dec-2010 12:57 PM
Post Type: Public Public
Lanny, thanks for a well written, balanced (pro and con) and "tantalizing" artic... (#4732) In Response to original message: #4731 posted by on 01-Dec-2010 11:39 AM

Lanny, thanks for a well written, balanced (pro and con) and "tantalizing" article.

Do we know that JADA made the sale and will get the distribution revenues for this transaction with the Taiwanese party?  Remember that the Wulateqianqi XiKai Mining Co. (owned by Zhang Guoxi, founder of the original lacquerwood co. and former mentor/boss of JADA CEO Hua-cai Song when Song was chief operating officer for the wood co.) has the right to a certain amount (10%) of the SheTai jade producton each year to sell or refine on their own.

 

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