China Networks Set to Move off Pink Sheets to AMEX (CNWHF)

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By Douglas A. McIntyre Updated Published
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Money Stack ImageChina Networks (OTC:CNWHF), which went public through SPAC Analyst Acquisition, is prepared to trade again on the AMEX after being moved to the OTC Pink Sheets for failing to maintain mandatory shareholder minimums.

Investors with the company watched share and warrant values plummet 80% since China Networks, only weeks after being brought to trading, was moved in late July to the OTC Pink Sheets.

Sources familiar with the situation who addressed SPACupdate.com stated the company is now above the mandatory shareholder minimum and should soon qualify to trade on the AMEX again.

-Brought to 24/7 Wall Street by SPACupdate.com

To read more about China Networks and Alyst Acquisition, please visit www.SPACupdate.com.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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