China Trading Stocks

[hebercreeper]

$AMCO- Glanced at the filing and confident the action today is due to all the shares issued for convertibles this year (20+ million shares).

All the convertibles, coupled with the proposed acquisition (now on hold pending a court case) makes me wonder about mgmt intent.

If they show any interest in keeping a lid on the dilution & abandoning the acquisition entirely, this could be interesting from this .20 range. They need to collect on the AR as well but at least they've been able to get loans from Chinese banks.

Looks like most of shares the have already been issued for the convertibles...maybe a few left for Asher.

Has some churning to do but could move if mgmt done diluting. Obviously, these turds are strictly trades.