Jiameng, page-5

Best option to extract value from this company is to sell the hong kong subsidiary, which hold the Chinese company. The buyer would, of course pay in Hong Kong dollars. This can then be disburse to shareholders where ever they are.

Current NTA is 24 cents, current cash in bank per share is around 12 cents.

If we offer 15 cents per share, take over. There will be a buyer for sure.

I do believe, the cash is real. However, Jiameng intention to pay dividend is not real. Therefore we need to get rid of Jiameng as soon as practical.