RedSpeed, I appreciate your posts. You add an int
Post# of 30028
As to the mysterious Asian investor, he seems to dabble in distressed penny or semi-penny stock companies on the brink of extinction. For a supposed billionaire (very doubtful), he sure seems cheap. What has he invested in AMBS so far? Like $25,000? Peanuts brother. The fact that Cheng Fai likes having his picture taken in front of expensive cars is reason enough for me to doubt his supposed wealth. I think this guy is no more than an opportunist probably looking for a quick buck somehow in this 'deal' with no intention of staying for the long haul to develop the assets, and certainly not to build common shareholder value.
Just my take on it all. No need to insult my beliefs. Everything I have said is very reasonable opinion to have based on the state of this public company. Gerald had no clue how to run this company and his backroom toxic finance deals absolutely crushed shareholders who lost everything. This guy should never be allowed in running a public company again. Where are the lawsuits?