Posted On: 08/08/2013 7:02:18 AM
Post# of 158
I see bashers are at it on other boards-p 26 of the 10q filed May 20 says expenses are higher than previous year partly due to USA SEC reporting requirements-so they may have decided to cease being a fully reporting co to save money as somebody suggested-and thus become a pinksheet co I guess
The Aug 5 post sec statement merely says unsold shares of an offering of 800,000 shares would not be registered-maybe theres something I dont understand but whats wrong w not selling all the possible shares of an offering and thus not registering them
see their website -they have a growing demographic due to urbanization in a resurgent China-
I dont follow closely but was recommended by an expert some time ago (I didnt buy due to low volume and unfilled orders) as an extremely undervalued stock w very low p/b ratio-so no guarantees but one of the surest things I've seen in the market are knee jerk overreactions -and pps drop from ca $4 to .86 certainly seems to qualify-they are not in bankruptcy - as to the CFO he signed the SEC 10Q May 20-just happened to see these things
The Aug 5 post sec statement merely says unsold shares of an offering of 800,000 shares would not be registered-maybe theres something I dont understand but whats wrong w not selling all the possible shares of an offering and thus not registering them
see their website -they have a growing demographic due to urbanization in a resurgent China-
I dont follow closely but was recommended by an expert some time ago (I didnt buy due to low volume and unfilled orders) as an extremely undervalued stock w very low p/b ratio-so no guarantees but one of the surest things I've seen in the market are knee jerk overreactions -and pps drop from ca $4 to .86 certainly seems to qualify-they are not in bankruptcy - as to the CFO he signed the SEC 10Q May 20-just happened to see these things
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