SinoFibre (SFBE)

[SunDigger612]

The first I heard about Dan McKinney was through a friend who invested in ASPZ. He got a tip from someone he knew who had known Dan McKinney's father. Dan had given some large donations to a Christian organization and apparently was a successful businessman in Asia. ASPZ was setting up to own half of a casino in Macau. Saw the pictures of the hotel and casino, etc. A previous stock tip from this guy yielded great profits for my friend. He figured Dan must know what he's doing, since he was educated in China, speaks the language, and already had run successful businesses in Asia. I researched the casino business in Macau, the increasing spending ability of young people in China, etc. Based on my friend's previous success and how much he was investing, I invested in ASPZ, my first penny stock.

I am really getting into the penny stock trading, even though ASPZ has gone nowhere but down! In researching about Dan McKinney last year, I found that he was the head of SFBE and wanted to get into establishing a fiber optic network in China. I thought it could really do well if the government allowed it to. Then SFBE got involved in some bio business in Mongolia. And now this "Green" business. I don't know what's happening with the Fiber Optic network now.

During this time, I saw that Dan got involved with ELRE and watched from the sidelines as it went up to about $9.00. I missed that ride. It's also way down.

Is he just taking salaries from these companies and then flitting off to something else?

Sorry for the long reply. I haven't thought about any of this lately. When I saw SFBE moving up, I thought maybe something was finally getting accomplished.

I'm still learning about trading the pennies. Still pretty much of a newbie, but I'm having a blast in "Pinkie Land."

SD