On wednesday IMOT announced that China Equity Platform Holding Limited (referred to as "China Equity Platform"), a company that Intermost Corporation holds 60% equity of, is applying to be listed in the OTCBB of NASDAQ in the United States.
Mr. Thomas Lee, Chief Operating Officer of Intermost Corporation, is pleased to say, "After completely resolving all of the historical problems, we had transformed the company into a committed 'company doctor' and 'incubator' for those potential industry leaders; the progress of development has been very promising. China Equity Platform Holding Group Limited, a company that has gone through our incubation process for over one year, is being spun off and will go public. Intermost Corporation will then fully leverage the effect of China Equity Platform being an Exchange Holding Company, to explore potential quality incubation projects from those companies listed on the various property rights exchange and to nurture these projects to become industry leaders in China, thus building Intermost Corporation as the largest industry leader grooming platform for incubation in China. As a result, its shareholders will continue to share the benefits brought by the success of these incubation projects."
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About Intermost Corporation (Planned to change its name to Uni Core Holdings Corporation)
Founded in the USA in September 1998, Intermost Corporation was the first Chinese Internet company listed on the US OTC Bulletin Board (stock symbol: IMOT) in December 1998. Intermost Corporation (Planned to change its name to Uni Core Holdings Corporation) has focused its services on "company doctor" and "incubator" of mid- to large-size companies that have good potential and profitable products in the market which are desperate for help from experts who can help them grow by assisting them in obtaining public or private financing in China, including company diagnosis services; consulting services; mergers and acquisitions; incubating; fund raising or financing; assistance to get public listing for mid- to large-size companies, etc.
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