China is the fastest growing consumer market in the world.
According to the World Bank, over the last 20 years more than 170 million people have risen out of poverty in China - a feat unparalleled in history. China Premium currently holds a Master License from Warner Bros . to use American icons such as Bugs Bunny, Tweety Bird, and Sylvester to create a Looney Tunes TM brand for China. CHPF intends to enter into licensing agreements with major dairies in a number of large metropolises of the People's Republic of China in order to produce and distribute its Looney Tunes TM brand premium flavored and enhanced white milks. The company plans to leverage this opportunity through its wholly owned food distribution subsidiary in Shanghai. Based on our projected long-term operating performance, we think that this stock will be able to command a premium valuation of 4 to 6 times revenues.