Pursuant to the agreement with the Committee, the Company has established a subsidiary named Changzhou ConnGame Network, Ltd in Changzhou and has agreed to relocate its headquarters to the city. The Committee agreed to make wow gold an equity investment of RMB 20 million in Changzhou ConnGame through the Changzhou Binhu Construction Development Group Co., a state-owned company controlled by the Administrative Committee.
The conversion rights will start after 6 months following the closing date. The transaction is subject to the approval of the shareholders of Ku6. Closing is expected in the second quarter of 2011. China CGame, Inc. is a self-developer of online games and provider of high-end building envelope architectural systems. The Company also provides design, engineering, fabrication and installation services for high-end curtain wall systems, roofing systems, steel construction systems, and eco-energy systems.
These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts but instead represent only the Company's beliefs www.worldofwarcraft.com/cataclysm/www.flywowgold.com regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. In addition to historical information, the statements set forth above may include forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.
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