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In China, Tiens conducts the marketing and sales of its products through its affiliated company, Tianshi Engineering. Tianshi Engineering markets and sells Tiens' products in China through chain stores, domestic affiliated companies, and its 100 branches. Outside of China, Tiens sells its products to affiliated companies in 52 countries who in turn sell through an extensive direct sales force, or multi-level marketing sales force. The Company's direct sales marketing program is subject to governmental regulation in each of these countries.
Certain statements in this press release constitute "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities and Exchange Act of 1934. Such forward-
looking statements are not necessarily indicative of future financial
results, and may involve known and unknown risks, uncertainties and other
factors, which may cause the actual results, performance or achievements of
the Company, to be materially different from any future results,
performance, or achievements expressed or implied by such forward-looking
statements. The Company's future operating results are dependent upon many
factors, including but not limited to: (i) the Company's ability to obtain
sufficient capital or a strategic business arrangement to fund its
expansion plans; (ii) the Company's ability to build the management and
human resources and infrastructure necessary to support the growth of its
business; (iii) competitive factors and developments beyond the Company's
control; (iv) whether the Company continues to experience delays in the
export clearanc
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| SOURCE Tiens Biotech Group (USA), Inc. Copyright©2008 PR Newswire. All rights reserved |