Agreed - with a population of this size, you are going to have a great demand for these services even if only a small % of people are making the big salaries.
I also got the newletter and would like to know how I can confirm the acquisitions spoken of in the letter?
Here arer a few line of interest from the mail I received.
The Future Superstock (http://www.futuresuperstock.com)
June 14, 1997. (Released for the opening of trading on June 16, 1997.)
In early 1997, Dawson got its big break and landed one of the most
profitable transportation companies in China. Within a few months, the acquisition was complete and on April 8th, 1997, Dawson Science Corporation announced that it had acquired 100% of the Shenzhen City Zhenghua Traffic and Transportation Main Company (Shenzhen Traffic and Transportation). Shenzhen Traffic and Transportation owns, operates and leases over 1000 taxi cabs and trucks operating in Southern China. This acquisition by Dawson was signed and formally finalized at the first consolidated Board meeting on March 27,1997.
During the past three months there has been one consistent buyer of the stock: Prudential Securities. Prudential is one of the largest brokerage houses in the United States and a house-hold name. Every week since January 1, 1997 Prudential has been a buyer of the stock. As of 4-18-97 (the last available report) Prudential owned 28.7% of the shares
Dawson Science Corporation plans on becoming the largest transportation Company in China by extending into all 28 provinces. Transportation remains the number one priority of the Chinese government so Dawson will need the support of the Chinese government to fuel its expansion. On Thursday, May 15th, 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. |
