★DoubleOcean Financial Group:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Case #1 Advising a Chinese software company to list on TSX

Venture through a merger with a TSX-V company

	The Challenge
	A TSX Venture listed software company has been struggling since the dotcom boom busted in 2001. It has very limited capital and manpower to develop new technology and expand into new market. The company has become a micro capitalization company with stock price traded under $0.30.

Solutions provided by DoubleOcean

DoubleOcean advised the TSX-V company to acquire by a private held Chinese software company which has been rapidly growing in the past two years. The transaction was structure as through share for share transaction. A BVI company was established to work around the government regulations on the Chinese enterprises being acquired by foreign companies. We helped to bring two sides together to sign the final agreement by making them focus on the strategies. In addition, we provided trainings on cultural differences and internal controls of North American public companies.

Benefits to the Client

The TSX-V company should become profitable immediately after the acquisition. It will be able to cross sell its technologies into the Chinese market through the client’s sales channel. Utilizing the highly educated and cheap software engineers, it will also be able to obtain outsourcing contracts through for the Chinese company. The key benefit is to leverage the two company’s software solutions, expertise, resources and knowledge into solutions that will expand the combined company’s market as well as increase overall profit and growth.