Kemiao Garment Hldg Group (KMGH)

[Crusader]

Thanks for the analogy, Kinney!

There are many similarities between AIVI and CEHD. And as you pointed out, there is an important difference or two. CEHD has continued SEC reporting when AIVI has not. This is THE biggest issue and risk in owning AIVI. It is NOT a scam company with no real revenue and no profits, IMHO.

This leads to the other big difference between the two companies: AIVI stopped expensive SEC reporting with reported revenues of about 60 million dollars (US) and as I recall something like 20+ million dollars profit. Since then, they started manufacturing and selling thousands of LCD televisions/monitors not to mention the new line of Otter computer furniture- 10,000 reportedly on the first day of On-line mall sales China wide.

Here are the reported volumes of sales: http://www.globalsources.com/si/AS/DONGGUAN-AIVTECH/6008821401505/Homepage.htm click on "more" :

"...We, DONGGUAN AIVTECH CO. LTD, are a professional manufacturer of audio and video products. We integrate R&D, tooling, plastic injection, silk printing, painting and assembly in-house. Meanwhile, we produce all key parts and supplement products by ourselves, including wooden cases and speaker driver units. Our professional R&D team guarantees our leading position while the strong production capability and strict quality control system ensure the fast delivery, quality, competitive price.

Production is completed in our two factories covering 50,000 square meters. Our monthly output is:
500,000 multimedia speakers and smart audio chairs & 100,000 LCD TVs/monitors.

We source ICs from the US and Taiwan, and we have 300 raw material suppliers who worked with us for many years. Over 38 QA/QC staff conducts thorough inspection through the whole production process, ensuring all our products meet CCC, FCC, CE and UL. Your OEM and ODM projects are welcomed.
We have the experience of working with Wal-Mart and Carrefour and we can extend this expertise to you. E-mail us now to know more..."


Revenues and presumably profits have only improved dramatically since January 2012, before the LCD and Otter furniture took off in sales.

So the AIVI alpha, volatility, would be MUCH greater than CEHD if - a big IF- AIVI were to suddenly renew financial reporting on any basis and hire a public relations firm. Again, AIVI will only do all this when they want to take another run at equity financing of their business plan. Domestic politics will determine the timing since the city and regional governments are the primary creditors of AIVI. Paying down those loans will free up Mr. Gou, the CEO, to explore stock promotion for company and personal gain. He still owns half of the outstanding OTC common stock!