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Re: crazyjerry post# 89725

Friday, 06/08/2012 7:26:03 PM

Friday, June 08, 2012 7:26:03 PM

Post# of 123598
crazyjerry, some background and my position ...

Thanks for the comments.

Actually, I've got a relatively diverse background. Hold a few degrees in engineering and management, and have received some formal training in basic law and in securities (Series 7). I was a project manager for many years at a major Aerospace corporation and am now a product liability consultant (or "insultant" if you prefer).

Why am I visiting this fine establishment? As I mentioned in my first post, #89712, I'm not a shareholder, but am researching this company to see if I want to possibly make an investment.

It's funny now that I think about it, that when I previously mentioned my researching effort on the other board, I was duly chastised that penny stocks don't work that way. The poster said penny stocks aren't for critical evaluations and investing in, they are essentially for day trading or short term momentum plays. Well, all public companies started somewhere, and most people probably have heard stories about even some major stocks today starting in the pennies. Yes, they are very few and very far between. And yes, there have been tons of scams and tons of others that weren't scams that still ending up closing their doors. It's all a gamble, even with some of the big boys, such as Enron. Just makes the case that investors should always stay on their toes and do all they can to best understand what they're invest in.

I find your category labels for posters quite interesting. I guess at this moment you'd have to classify me as a member of the dark side, because I did dare to mention negatives and make criticisms about what I read in the 2011 Annual Report. Then, I guess if I were to become a shareholder who later openly discussed some negative things about the company or its operations I'd have to be relegated to being called a wolf in sheep's clothing or a basher shareholder? Wow, this could get complicated, so I'll have to settle with leaving my labeling up to you. lol

Oops, I'm starting to ramble, now back to evaluating the company. My research into this company is taking much longer than I would thought reasonable as there is evidently little verifiable information available and few posters that contribute much by the way of leads or reference documentation. There is some provided occasionally and I'm thankful for that. I also have seen tons of circumstantial and referential statements and points of matter. This board looks to provide a good mix of discussion material and I look forward to the members diving into the details to flush out any truths or lies, whatever the case. Who knows, maybe this company will prove to be a successful enterprise over this next year. Then again, maybe it won't and the doors to the Hong Kong condominium will be closed for business. Who can say with any certainty at this time?

Anyway, hang in there and have a good day.