[kee] ******** THIS ONE IS FOR EVERYONE ELSE TOO ********* JW@KSC
This started as a response to kee's post #162, I edited and added more for the benefit of others.
techstocks.com
Last year Zhi Jian was not President of the company.
>>Dawson paid $102,250,000 USD with a combination of common and convertible preferred stocks, Shenzhen City Zhenghua Traffic and Transportation Main(Group) Company, Ltd. owns, operates and leases over 1000 taxi cabs and trucks operating in Southern China."
Get out your calcualtors folks, $102,250,000 divided by 1000 taxi cabs means they are paying $102,250 per vehicle, no zeros added.<<
Kee -You leave out some very important facts:
Do you know what kinds of Trucks they are, what do you pay for a good Rig stateside.
Dawson got its big break and landed one of the most profitable transportation companies in China.
Lets move on to #2.
" On Thursday, May 5th, Dawson released news that it has obtained permits and licenses to set up and operate its transportation business in Guangzhou, China. This news release is extremely significant in that it shows that the Chinese Government will support and assist Dawson in its expansion throughout China. In the news release, Dawson said that this one city alone should produce additional net income of $15 million per year. We expect Dawson to be granted additional permits and licenses in various provinces in the weeks to come."
On to #3
"On April 8, 1996, Dawson Science acquired 70% of the largest infrastructure development in Beijing, China. It is a large and complete, city within a city where most of the leading companies from across the globe are establishing their headquarters. At its present stage, the project is appraised, by a leading appraiser from Great Britain, to be valued at $50,000,000 USD. Dawson Science Corporation is acquiring 70% valued at $35,000,000 USD. Revenues from this project are expected to exceed $5,000,000,000 over the next six years. "
Now where are we going to house all the People from leading companies from around the globe? In a setting that would make them and their families feel comfortable in a foreign city?
"Reno, Nevada, January 29, 1996 - Dawson Science Corp. (NASDBB Symbol: DNSC) announces the signing of a letter of intent with King Hero, Ltd. Dawson Science will purchase for stock and debentures 100% of King Hero Ltd. in Beijing, China. King Hero, Ltd, owns a development within the city of Beijing called King Hero City Garden. This development is one of the most scenic parts of suburban Beijing and is only a 20 minute drive from the center of the city. King Hero City Garden includes high-rise housing, shopping malls, recreation centers, hospitals, post offices, sports centers as well as an International Schools for young children. It's present estimated appraisal is $46,000,000 (USD). Dawson Science expects to complete this transaction within 60 days.
Lippo Securities, Inc. of Hong Kong, who presented this to Dawson's management, is coordinating the investment banking aspects of this acquisition."
equityinvestors.com
Oh maybe I forgot to mention the specifics on King Hero City earlier,
please for give me, though this too still needs to be verified.
Take your Taxi Cab theory and go out and play in Beijing Traffic kee.
To All: I bought on Monday , sold at a profit and bought again, based on the points above and the Press Releases below. And yes I do know anyone can put out a press release, stating anything. But the did help verify the FSS statements...
You can copy/paste these and format it yourself, I've had a long week 7 day week, and I get Sat. off and go back in Sun. & Monday. The Launch Biz is not a 9 to 5er. So much for the 3 day weekend.
Have a Great Holiday Weekend
JW@KSC (Kennedy Space Center)
>>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<<<<<
RENO, Nev., May 15 (Reuter) - Dawson Science Corp DWSC.OB
said on Thursday it expects to add $15 million to its profits
each year from a car rental business it plans to set up in
China.
The company said it has obtained permits and licenses to set
up and operate a car rental business in Guangzhou, China. Dawson
said it expects to have a fleet of 1,500 vehicles for rental.
Dawson said studies show that it can expect to bring in
about $10,000 profit on each car each year. When the Guangzhou
division is fully operation, it expects to add $15 million to
its profits annually.
(-- New York Newsdesk 212-859-1610)
REUTER
Rtr 06:18 05-15-97
Copyright 1997, Reuters News Service
RENO, Nev., May 15 /PRNewswire/ -- Dawson Science Corp. (Nasdaq: DWSC)
announces that it has obtained permits and licenses to set up and operate a
"USA type" car rental business in Guangzhou, China. The company expects to
have a fleet of 1,500 vehicles for rental.
With China's car rental industry only 5 years old, the management of
Dawson Science Corp. sees a large potential of growth in this industry in the
next ten years. Studies show that the company can expect approximately
$10,000 (USD) profit per vehicle per year. When the Guangzhou division is
totally operative, the company expects to add $15,000,000 (USD) to its profits
every year.
The company will seek the help of American systems companies to set up an
advanced operations and control system for the company.
SOURCE Dawson Science Corporation
-0- 05/15/97
/CONTACT: Cathy Cosby of Dawson Science, 702-828-1313/
(DWSC)
RENO, Nev., May 6 /PRNewswire/ -- Dawson Science Corp.
(OTC Bulletin Board: DWSC) has appointed Price Waterhouse in Hong Kong and
China to finish the audit of the ShenZhen ZhengHua Group acquisition.
Mr. Wu (Zhi Jian) states that with the audit complete, the company will
begin reporting to the S.E.C. and plans to list the company on Nasdaq or one
of the major USA Exchanges.
The company expects to begin expansion into the other 27 Provinces of
China. It plans to become the largest transportation company in China.
SOURCE Dawson Science Corporation
-0- 05/06/97
/CONTACT: Cathy Cosby of Dawson Science Corporation, 702-828-1313/
(DWSC)
RENO, April 15 /PRNewswire/ -- Dawson Science Corp. (Nasdaq: DWSC) and its
new leadership sets new direction of the Company. The newly appointed
President and CEO, Mr. Wu (Zhi Jian), is the energy behind this new direction.
Mr. Wu is reported in the Chinese media to be one of the 10 richest men in
China and he was given the "Top 10 Entrepreneurs" award by the Chinese
government. He is considered, by many, to be one of the modern visionaries
for China.
The new vision for Dawson Science Corp. is to become the largest
transportation company in China extending into 28 provinces. Transportation
is the number one priority of the Chinese government. Mr. Wu stated in an
interview, "We have a very ambitious development plan for our transportation
division. Vice Premier Mr. Wu Bonkou stated in a State Council that 1997 will
be the year for a greater effort in the development of the country's
transportation industry. We plan to expand our vehicle leasing and
transportation business throughout the 28 provinces and cities of China;
building up a nation-wide small-sized vehicle leasing network, just like the
small-sized vehicle and transportation industries in the United States. We
plan to build up a nation-wide network for our business and this will be a
first in China." (translated from Chinese)
The new Board of Directors has appointed the accounting firm of Price,
Waterhouse in China to prepare the consolidated meeting statements for the
Dawson/Shenghua merger.
With this new focus, the Board of Directors has decided to sell its newly
acquired Net Quote, Inc. to a company whose main focus is internet
technologies. Also, the Board of Directors has agreed to discontinue the
Glass Factory project in Northern China because it has become so capital
intensive.
SOURCE Dawson Science Corp.
-0- 04/15/97
/CONTACT: Cathy Cosby, Corporate Secretary of Dawson Science,
702-828-1313/
(DWSC)
RENO, Nev., April 8 /PRNewswire/ -- Dawson Science Corp. (OTC: DWSC)
announces the acquisition of 100% of the shares of Shenzhen City Zhenghua
Traffic and Transportation Main (Group) Company, Ltd. (also known as Zhenghua
Group Gingzheng Hua Transportation Industrial Development Inc. Ltd.) which is
a wholly-owned subsidiary of Shenzhen Zhenghua (Group) Company, Ltd., located
in Shenzhen, China.
Dawson paid $102,250,000 USD with a combination of common and convertible
preferred stocks, Shenzhen City Zhenghua Traffic and Transportation Main
(Group) Company, Ltd. owns, operates and leases over 1000 taxi cabs and trucks
operating in Southern China. With this acquisition, Dawson will report almost
$100,000,000 USD in assets and $78,314,000 USD in revenues. Earnings of
$7,831,000 USD will yield about $.58 USD per share.
The agreement has been signed and was formally finalized at the first
consolidated Board meeting on Thursday, March 27, 1997 in Shenzhen, P.R.
China.
Mr. Wu (Zhi Jian) will become the major controlling stockholder and
President and CEO of the Company.
In setting the vision and focus for Dawson's new division, Mr. Wu stated
in an interview, "We have a very ambitious development plan for our
transportation division. Vice Premier Mr. Wu Bonkou stated in a State Council
meeting that 1997 will be the year for a greater effort in the development of
the country's transportation industry. We plan to expand our small-sized
vehicle leasing and transportation business throughout the 28 provinces and
cities of China; building up a nation-wide small-sized vehicle leasing
network, just like the small-sized vehicle and transportation industries in
the United States. We plan to build up a nation-wide network for our business
and this will be a first in China," (translated from Chinese).
Under its new leadership, Dawson will continue to look for additional
profitable acquisition opportunities in Asia.
SOURCE Dawson Science Corporation
-0- 04/08/97
/CONTACT: Cathy Cosby, Corporate Secretary of Dawson Science,
702-828-1313/
(DWSC)
RENO, Nev., March 25 /PRNewswire/ -- Dawson Science Corp.
(OTC BULLETIN BOARD: DWSC) announces the acquisition of 100% of the shares of
Shenzhen City Zhenghua Traffic and Transportation Main (Group) Company, Ltd.
(SCZTTM) which is a wholly-owned subsidiary of Shenzhen Zhenghua (Group)
Company, Ltd., located in Shenzhen, China.
Dawson paid $102,250,000 USD with a combination of common and convertible
preferred stocks. Shenzhen City Zhenghua Traffic and Transportation Main
(Group) Company, Ltd. owns, operates and leases over 1,000 taxi cabs and
trucks operating in Southern China. With this acquisition, Dawson will report
almost $100,000,000 USD in assets and $78,314,000 USD in revenues. Earnings
of $7,831,000 USD will yield about $.58 USD per share.
The agreement has been signed and will be formally finalized on Thursday,
March 27, 1997 in Shenzhen, P.R. China.
Mr. Wu (Zhi Jian) will become the major controlling stockholder and
President and CEO of the Company.
In setting the vision and focus for Dawson's new division, Mr. Wu stated
in an interview, "We have a very ambitious development plan for our
transportation division. Vice Premier Mr. Wu Bonkou stated in a State Council
meeting that 1997 will be the year for a greater effort in the development of
the country's transportation industry. We plan to expand our small-sized
vehicle leasing and transportation business throughout the 28 provinces and
cities of China; building up a nation-wide small-sized vehicle leasing
network, just like the small-sized vehicle and transportation industries in
the United States. We plan to build up a nation-wide network for our business
and this will be a first in China." (translated from Chinese)
Under its new leadership, Dawson will continue to look for additional
profitable acquisition opportunities in Asia.
SOURCE Dawson Science Corporation
-0- 03/25/97
/CONTACT: Cathy Cosby, Corporate Secretary of Dawson Science,
702-828-1313/
(DWSC)
RENO, Nev., March 25 (Reuter) - Dawson Science Corp
DWSC.OB said on Tuesday it acquired all of the shares of
Shenzhen City Zhenghua Traffic and Transportation Main Co Ltd, a
unit of Shenzhen Zhenghua Co Ltd for about $102.3 million in
stock.
Dawson said it paid a combination of common and convertible
preferred stocks for Shenzhen City Zhenghua, which owns,
operates and leases over 1,000 taxi cabs and trucks in southern
China.
The acquisition would add $78.3 million in revenues and
about $0.58 per share, the company said.
Wu Zhi Jian would become the major controlling stockholder
and president and chief executive officer of the company, Dawson
said.
The company said it would continue to look for more
acquisition opportunities in Asia.
REUTER
Rtr 06:11 03-25-97
RENO, Nev., March 4 /PRNewswire/ -- DAWSON SCIENCE CORP.
(OTC Bulletin Board: DWSC) has just completed the acquisition of 100% interest
in Net Quote, Inc. Net Quote, Inc. is a growing Internet products and
services company serving the securities industry.
Because brokerage firms are under intense scrutiny by the S.E.C., the
information sent over the Internet must be approved by the brokerage firm's
legal department.
Net Quote has developed an Internet security system that allows the
brokerage firm's management and legal department to first approve all
information before it is disseminated to their clients. With Net Quote's
product, brokers can transfer data to their clients "real time" while they are
still on the phone via electronic mail.
The company expects to begin the marketing of these products in June,
1997.
SOURCE Dawson Science Corp.
-0- 03/04/97
/CONTACT: Corporate Office of Dawson Science in the USA, 702-828-1313/ |
