|Launch Tech Co (GEM 8196) Hong Kong ....any plans for a Bluepoint spinoff on the GEM?|
Bluepoint BLPT Linux ....at one time they wanted to list on the GEM Global Emerging Market (second board) in Hong Kong.
Didn't happen..Instead two of the newly appointed directors of BLPT are directors/employees of Launch Tech Co LTD then a private but now a newly formed public company in Hong Kong
They are major shareholders
ITEM 4. PURPOSE OF TRANSACTION Xin Liu and Jun Liu acquired the securities of BluePoint Linux Software
Corporation for the purpose of acquiring majority control of the issuer.
Pursuant to a stock purchase agreement, current directors Zhe Kang, Lin Li, and
Yihuo Ye will resign their positions and sever affiliations with the issuer.
Pursuant to Indiana law, the remaining directors are expected to appoint Xin Liu
and Jun Liu to the board of directors to fill the anticipated vacancies until
director elections can be conducted at the annual shareholder meeting. No
extraordinary corporate changes or changes in capitalization and securities
registration are intended at this time.
and a director is Frank Kwai Shing...Also believe it or not Frank Shing is listed as a securities investment representative for Core Pacific-Yamaichi Capital Limited
Core Pacific-Yamaichi Capital Ltd was the sponsor of the IPO
On the GEM Hong Kong Bluepoint doesn't exist but Launch Tech Co does