EFTA01882489.pdf

To: 10611iStion©gmail.corn] From: Sent Wed 5/23/2012 10:15:35 AM Subject: Re: 011 : I thought so From: Jeffrey <jeevacation®gmail.com> Date: Thu, 24 Ma 2012 00:16:39 -0400 To: David Stem Subject: Re: * : No Sorry for all the typos .Sent from my iPhone On May 23, 2012, at 3:15 AM, David Stern wrote: Can this be used as security for Merkin 9 All below in Chinese RMB. Begin forwarded message: From: Xin Wang Subject: R: ?gX : info Date: 23 May 2012 02:57:38 GMT+01:00 To: David Stem Cc: Queenie Xia Yidong King David, Till now book value of fixed assets is CNY1,836,524, which deduct depreciation from original value, breakdown as below: Items Original Value Depreciation Book Value Office Equipment 61,771 13,363 48,408 Computer 382,928 136,325 246,603 Furniture 585,294 EFTA_R1_00296136 EFTA01882489