RE:RE:RE:RE:RE:RE:RE:The point remains that investors and the publicNov 3 PR I should have put this in also
After numerous discussions over the last several months and a formal presentation held in Guangzhou, China in early October, betterU was selected for an investment of US$100 million. In determining the purchase price, while significantly higher than the market price, TU agreed, after performing due diligence of the Corporation, that the inherent value of the Corporation was much higher than what was reflected in the market. Due to the number of contracts, global partnerships, technology, leadership, first market advantage and more, the Corporation demonstrated that the purchase price was justifiable. “betterU has an exciting story and significant growth opportunity ahead of them. With proper capitalization there is an opportunity for the company to become a global leader. We are looking forward to moving this agreement to closure and having a great 2018 together,” said Kenny Ho, CFO, Treasure Union Limited.