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J
J Feb 28, 2019 1:25 PM
china ? i keep getting questions=C2 ? what woudl you like to say
N
Nicole Junkermann Mar 1, 2019 12:49 AM
To
Junkermanngroup
I would like to progress with China.
So far I have the following info:
- FSB (Russians) valued the business between 1.5-2.5b (Euro)
- Mr Wu estimated wealth in excess of 1b (USD) primarily derived from Really sports
- Official accounts for 2017 for tax authorities reports revenue of approx 400m (USD) however intelligence reports suggest that revenue in 2015 would be in range between 800m -1.6b (USD) and reported revenue growth 28.8% 2016 - 11.64% 2017
- Recently I also received information that one of Mr Wu's companies which provide consulting services (mainly required for Really sports) booked 2017 revenue of 10b (RMB) —1.4b (USD)
- We also know that Mr Wu is owner/legal rep of more than 20 companies and almost all operating in the same area as Really Sports
I still believe that my target of 250m for my stake is in line with information I have at this moment.
It would be great to hear from your contact what he believes is achievable and why as well as timeline.
Let me know what are the next steps to start moving on this and thank you very much for your help.
1
1 Mar 1, 2019 10:06 PM
To
Nicole JunkermannJunkermanngroup
the key is what entitisw generate what PROFITS =C2 and if you own any of them at all.
