TAIPEI, TAIWAN--(Marketwired - Jan 21, 2015) - On January 20, 2015, SHGT (
On January 20, 2015, SHGT also filed a listing statement with the Canadian Securities Exchange and its prospectus with the British Columbia Securities Commission for a listing on the CSE (Canadian Stock Exchange), and is optimistic on approval for trading within the next couple of weeks.
Once approved on the CSE, SHGT believes it will then be qualified for numerous exchanges worldwide, including the Quotation Board on the Frankfurt Exchange and the Hong Kong Stock Exchange. It is SHGT's intent to list on the Hong Kong Stock Exchange in the near future. SHGT will also be looking at other exchanges worldwide for maximum exposure.
Future Business Operations
SHGT is currently seeking and identifying private and public companies in Asia and in the USA as acquisition and merger candidates. SHGT is currently trading on the USA OTC markets and is now forecasting pre-tax earnings of $0.50~$0.60 per share for this fiscal year. It is Mr. Chen's vision to have SHGT listed on the Frankfurt, Canadian and Hong Kong Stock Exchanges and in the near future, the AMEX. This will give SHGT leverage to acquire more valuable companies. Mr. Chen and SHGT will focus on integration of chain stores and brand names, IOT (Internet of Things), alternative energy technology, internet and logistics. Mr. Chen stated "Through the newly structured public company, we will be able to aggressively pursue the acquisition of quality companies in Asia and the USA. We have plans to invest in, or acquire up to 30 companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asian region".
FORWARD LOOKING STATEMENT - This press release contains certain "forward?looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward?looking statements. The Company, through its management, makes forward?looking public statements concerning it expected future operations, performance and other developments. Such forward?looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in company's public announcements.