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Sorry Curious27 I don't agree with you at this point, what I...

  1. horse15
    62 Posts.
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    11/04/16
    11:08
    Post #: 17470606
    Sorry Curious27 I don't agree with you at this point, what I think is the purchase of 51% of AQUAEssence entitles BFC 51% of revenue for all sales to both domestic and overseas market, not just overseas business as you indicated. Acquirement is in nature different from Joint Venture, like the one with Sunwah, where Sunwah is entitled to certain percentage only for sales and revenue in Hongkong.
    BFC Price at posting: 42.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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