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Technology Stocks : BLUEPOINT LINUX (BLPT), the RED HAT of CHINA??.... -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (45)9/19/2002 1:17:58 AM
From: SEC-ond-chance  Respond to of 58
Camera salesman turned blank check company peddler

To: StockDung who wrote (45)1/1/2003 11:14:37 PM
From: SEC-ond-chance  Read Replies (1) | Respond to of 58
Launch Tech Co (GEM 8196) Hong Kong ....any plans for a Bluepoint spinoff on the GEM?

Bluepoint BLPT Linux 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