Thursday, May 05, 2016 10:00:46 AM
That just sounds like flawed logic to me. The sister company paid all profits as a dividend to the parent in the past years. So it would be hard to defraud anyone. At least I hope they didn't detect a problem in China with the new assets.
I don't think that's the issue. They have all the contracts, transferred and signed, and the management rights are owned by a Chinese company (Gansu America Trade something) which is a requirement by law.
I think it's more likely they have a problem with consolidating the other assets (Hemp, Angel Star etc) besides the plantations. But you are asking me to speculate.
Strange things could happen here, now. They may go dark or buy us out for $5/share. Neither are very likely. So all we can do is wait for the 10-K.
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