Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (977)	5/23/2008 9:37:28 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 3862

Middle Kingdom Alliance (stock symbols: [t]MKGD[/t] and [t]MKGBB[/t]), which raised $29.2 million when it went public in December 2006, has announced that it has signed a letter of intent to acquire a company with operations in China. No other details were released. Middle Kingdom Alliance Corp. Announces Signing of Letter of Intent Friday May 23, 5:54 am ET SHANGHAI, China and ATLANTA, May 23 /PRNewswire-FirstCall/ -- Middle Kingdom Alliance Corp. ("the Company") (OTC Bulletin Board: MKGD.OB - News, MKGDW.OB - News, MKGBB.OB - News, MKGBW.OB - News, MKGDU.OB - News, MKGBU.OB - News), today announced the that it has signed a letter of intent relating to a business combination. The target is a company with its principal operations in the Peoples Republic of China. The Company's intent is to enter into a definitive agreement with the target company in June 2008 and to file the preliminary proxy shortly thereafter. Pursuant to the Company's certificate of incorporation, execution of the letter of intent affords the Company a six-month extension for completion of the business combination, until December 13, 2008. The consummation of the business combination is subject to, among other things, execution of a definitive agreement and required stockholder approval. There can be no assurance that the proposed transaction will be consummated. <snip> biz.yahoo.com