GREY:CTORF - Post by User
Comment by
planeflyon Oct 04, 2001 5:01pm
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Post# 4260060
RE: regarding THE news: OPEN your EYES
RE: regarding THE news: OPEN your EYESI think I might have confused the issue. Asset China owns 70% of Beacon Hill which gets the revenues. Creator gets 80% of Asset China's 80%. That's where my 56% came from.
However, what we don't know is how much Beacon Hill gets. Obviously, the Chinese gov't gets something along the way, plus the officials who set this up would probably get some kind of deal. We don't know what that is and I don't know that we ever will. That's why we have to wait for the numbers to be reported to see what we're talking about.
In any case, it looks like it could be a profitable deal. It's just to get a handle on right now. That's why the stock isn't doing anything. Not many people know about it. And those that do are having a tough time without any numbers.
I think we have to wait a month or so to see what the deal really is.