NEW YORK, Jan. 20, 2015 /PRNewswire/ -- eBullion Inc.
(EBML) wholly owned subsidiary Man Loong
Bullion earned a Top 10
Most Active Loco London Gold/Silver Dealer Award 2013/14 in
Hong Kong.
At year end, the Chinese Gold and Silver Exchange Society
("CGSE") in Hong Kong reviews all
its members' trading volume of Loco London Gold/Silver in the past
year and gives awards to the top 10
most active members in the trading
of Loco London
Gold/Silver. eBullion Inc. wholly owned subsidiary
Man Loong Bullion Company Limited is proud to receive the Top 10 Most Active Loco
London Gold/Silver Dealer Award
2014.
Reference:
http://cgse.com.hk/upload/ebook/original/688695849804.Final%20Version.pdf
Man Loong Bullion is an
officially designated electronic
trading member of the Chinese Gold and Silver Exchange Society
("CGSE"), a self-regulatory organization registered in Hong Kong which acts as an exchange for the
trading of gold and silver. Man
Loong holds a Type AA License with the CGSE, which
authorizes it to engage in the electronic trading of Kilo Gold and
Loco London Gold and Silver on behalf of its clients.
The CGSE's constitution limits CGSE membership to 192 members,
all of whom must have a minimum required working capital, defined
as cash plus precious metals, of approximately $193,000 and minimum required assets of
$643,000. The CGSE requires its
members to submit a quarterly liquidity capital report, in order to
ensure that the bank balances exceed or equal the balance of
customer deposits. Man Loong was in
compliance with these requirements.
Though its wholly owned subsidiary Man
Loong Bullion, eBullion Inc, (EBML) is able to access the
Gold and Silver trading markets in China by business resources provided by the Chinese Gold and Silver
Exchange Society ("CGSE").
To learn more about eBullion Inc, visit the company website at
http://www.ebulliongroup.com/. Telephone: (+852) 2155-3999 E-mail:
online@manloong.com
Disclaimer
This press release contains forward-looking statements that may
involve risks and uncertainties. The statements contained in this
press release that are not purely historical are forward-looking
statements within the meaning of Section 27A of the Securities Act
and Section 21E of the Exchange Act. When used in this press
release, the words "plan", "target", "anticipate," "believe,"
"estimate," "intend" and "expect" and similar expressions are
intended to identify such forward-looking statements. Such
forward-looking statements include, without limitation, the
statements regarding eBullion's strategy, future plans for business
development, future expenses and costs, future liquidity and
capital resources, and estimates of business profit. All
forward-looking statements in this press release are based upon
information available to eBullion on the date of the release, and
eBullion assumes no obligation to update any such forward-looking
statements. Forward looking statements involve a number of risks
and uncertainties, and there can be no assurance that such
statements will prove to be accurate. The company's actual results
could differ materially from those discussed in this press release.
In particular, there can be no assurance that business development
will continue at any specific progress. Factors that could cause or
contribute to such differences include, but are not limited to,
those discussed in the company's 10-K filed with the U.S.
Securities Exchange Commission.
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SOURCE ebulliongroup.com