Forum Archive Index - February 2000

["Osbert Sun" <osbert.sun@xtra.co.nz>]

Paul,

Thanks for updating us on the Bliss Corp front. I suppose one way AQL could
do with the 350 million Bliss shares would be to distribute part of them to
existing shareholders as special dividends. After all, Shanghai Aquarium is
a real business. As a shareholder of AQL, I would still be keen to
participate in the future growth of the business. The big question now is
what AQL will do with the cash in hand from the sale of Korean assets and
new share issues; and further, why AQL is raising more funds by placing more
shares. There must be something in the making (or being made) already. And I
wouldn't be surprised at all if AQL issues even larger number of new shares
in next few days then followed by a major announcement with regard to the
company's future business direction. Things will become clear at the
shareholders' meeting on 28th of this month. But we should also hear
something, either through the company's announcements or the media, about
AQL's business intention before the scheduled shareholders' meeting.
Meanwhile, I'm happy to count the number of AQL shares I own but not how
much they worth at the current market price. I trust that our dear friend
Eric and co wouldn't let me down on this one!

Regards
Osbert Sun


----- Original Message -----
From: "Paul Frost" <frostpt@ihug.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, February 02, 2000 8:23 PM
Subject: [sharechat] Bliss Corp


> People might be interested to know that Bliss Corp made an annoucement
today
> regarding the purchase of Aquaria 21's Shanghai aquarium.
>
> They propose to aquire the Shanghai aquarium with the issue of 350 million
> Bliss shares to AQL
> at 14c each.
>
> What AQL will do with 350 million Bliss shares is anyone's guess.
>
>
> --------------------------------------------------------------------------
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> http://www.sharechat.co.nz/          New Zealand's home for market
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