FRTW 123,484,043 shares and shares issued and outstanding.
Company Overview Franklin Tower Enterprises, Inc., through its subsidiary, Chongqing Qiluo Textile Co., Ltd., engages in the manufacture and sale of raw silk in the Fuling District of Chongqing Municipality, the People's Republic of China. It intends to sell its products to various markets, including silk brokers, textile manufacturing, and the auto industry, as well as to computer technology companies for use in plastics and materials. The company was founded in 2006 and is based in Fulin, China.
The operations of Franklin Silk are located in the southwest region of China in the Chongqing Municipality. The operating company is called Chongqing Qiluo Textile Company Ltd. or simply 'Qiluo'. It is a newly established company that is endorsed by the Chinese government to centralize the silk processing industry. Recent investments have been made to maximize the silk production/processing potential of Qiluo which will co-ordinate each step of the silk manufacturing process.
Gonna snag a few first thing in the morning.
-------------------- I said it aint no fun waiting around to be a millionaire. Posts: 130 | From: United States of America | Registered: Oct 2005
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The silk fabric is generally thought of as being developed in China around 3000 BC. According to a popular Chinese legend, Lady Hsi Ling Shi was sitting in her garden when a silk cocoon fell into her hot tea which loosened the long strand of silk. The subsequent invention of the loom and the origin of sericulture (the raising of silk works to produce silk cocoons) are also credited to Lady Hsi Ling Shi. For the next two thousand years, the knowledge of how to cultivate silk worms to produce silk fabrics was kept as a nationally guarded secret. There is evidence to suggest that the trading of silk started sometime around 2000 BC and the trade route that spanned from Asia to Greece, Middle East, India and North Africa was called the Silk Road.
-------------------- I said it aint no fun waiting around to be a millionaire. Posts: 130 | From: United States of America | Registered: Oct 2005
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-------------------- I said it aint no fun waiting around to be a millionaire. Posts: 130 | From: United States of America | Registered: Oct 2005
| IP: Logged |