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Well dmg, if one scenario does no apply completely then I am sure that Wang might have another way of thinking that provides him with a feeling of security in this company that we can only speculate about!!
If only we knew the trump card that Wang is holding, many more of the present shareholders would try to really load up on this stock with millions of shares.
I am sure MM is quietly doing what I have mentioned without getting the cat out of sack--yes, 2.9 million shares under his name and 2.9 million shares under the wife's name--NO SEC FILING REQUIRED. You are so smart MM, keep up the good work...LOL>>>> Yes, keep the 4-5 cents steady for a while longer until all the shorters realize who's been buying their shares!!!!!!
Just before the market opens I have something for everyone to think about...
If I were Wang, or even better Gong and I was keeping an eye on the way this stock has been moving, and the extent of damage that that it has sustained over time, I would be at this time on a mission to acquire as much of this stock as possible at this low price. At 5 cents and even up to 8 cents Wang could acquire another 10 million shares by utilizing the help of important people whom he can trust to buy on his behalf with a promise to repurchase the share shortly when the financials are issued. He might even ask some of his employees to forgo some of the cash weekly payments and accept shares of this stock which could be purchased into a Chinese trust set up just for the employees with the knowledge that this stock will rebound when the financials are released and they will share the profits within the trust (since they cannot buy shares directly on the open market). If the employees know that the company is solid then they will definitely know that this stock will go up when those financials are released...YEAH, YEAH......
If only one of you knew that this kind of activity is taking place, wouldn't this be another way of telling you that an "insider group" (the company employees)are already taking this kind of action because they know that the company is going strong and it will survive. Maybe MM who took a good look at those vans was also able to have some private chat with some of the employees after they left work...YEAH>>> what do you think about this Novice!!! Maybe MM if he reads this posting can get back to us with some guidance.........
P.S. Good news--yesterday NOT ONE SINGLE SHARE WAS SOLD SHORT.....EVERY SHARE WAS LONG...I GUESS NOBODY THINKS ANYMORE THAT THIS STOCK IS GOING TO GO BELOW A CERTAIN PRICE...
These pictures alone should be worth at least a PPS of 10 cents...
http://www.xytey.com/artc-view-182.html
http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.xytey.com%2Fartc-view-89.html&sandbox=1
Something secret has taken place and we really don't know what these pictures really mean when it comes to First China. Evidently some deal has been planned but cannot be concluded until the financials are released and the financing takes place. This must be the new relocation area where First China will occupy a portion of the space that we see in these picture. This seems to be a new area intended to be occupied by different companies.
Remember that the company had moved from the original address presently shown on the filed reports. And that new location was also intended to be temporary because the extension of the subway line was going to require that another move would take place soon and would force First China and other area occupants to relocate again. I believe that when the financials are released we will be provided with information about this final change to a corporate park which accommodates different companies.
A lot of paper losses are burdening the regular posters of this board!
I wonder how some of you are going to handle this situation as the end of the year approaches! Of course, if you have made big profits in other stocks, and if this stock continues on its present path until end of year you should prepare yourselves with a strategy to sell this stock to offset the profits of the others stocks.
It could be tricky if you sell this stock in mid-December hoping to buy it back at the same price in early January and suddenly Wang springs a dirty trick on you by releasing the financials during the last week of December, and the price doubles or triples causing you to have to buy the stock at a higher price in January...
Quite a dilemma for some of you--what are you going to do!!!!
Think of Wang when even at one dollar per share he was the "15 million dollars man" and now he is only the 500 thousand dollars wanna-be millionaire...ONE CONSOLATION--HE STILL CONTROLS THE COMPANY AND CAN DO WHATEVER HE WANTS EXCEPT GO A BANK AND GET FINANCING UNLESS HE CAN COME UP WITH AN AUDITED FINANCIAL REPORT...
We just have to be patient...
The details of what we see on this link will come out in the open when the financials are filed..
.
The first picture shows how the business park will look when completed...
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.xytey.com%2F
The meeting photo below is not the best...the employee sitting in the back seat if probably praying for the Marcum people to finish those financials quickly so that he can get the Christmas bonus that Wang promised in 2013...
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.xytey.com%2Fartc-view-184.html
Well Bar, concerning the approximate date when he financials will be released I can only tell you that I like everyone else thought this was going to be an easy job on the part of the new auditors but realistically looking at what it has to be done the work involved is probably more complex. We don't know how many adjustments have to be made to Rotenberg's filings. Right now we just have to wait patiently until the filing day comes and will surprise us.
Concerning the number of short sales, I get the information from a "secret" Website that provides the number of shares on a daily basis. I can tell you that on Friday the regular volume for FCPG was 94,026 and the SHORT VOLUME was only 1000 shares.
On Sep 16 the short volume was 41.27% (30,465 shares) of all shares traded.
And for the fun of it, on Sep 10 the short volume was 93.02% (10,000 shares) of total shares traded (ONLY 10,750 SHARES TRADED THAT DAY)LOL>>>>>>>
You got to have a sense of humor, particularly for me to be able to look at this stock and at all my losses and hope that one day maybe a reversal will take place.
We know that during these past few months about 2 million shares have been shorted, but we also must assume that those lucky POS shorters who were able to short at 7 cents must have covered and closed their positions when the price went down to about 3 cents.
Now for the good news for us and the bad news for the present shorters...
Yes, we will see incredible news when the financials are released and yes we will see the present shorters looking for a way out when the stock doubles or triples in one day and the shorters will not even have the time to scratch their heads to figure out what happened. Our day is coming, and as the song says there will be "singing in the streets"...
Yes, Wang IS A GENIUS IN DISGUISE and he will surprise all those who don't believe that he is the man of vision who has been planning the explosive growth of this company when everyone else thinks that he will fail!!!
Which one of you is close to reaching the 3 million mark in share ownership--PRETTY SOON YOU WILL HAVE TO FILE AN SEC FORM IF YOU EXCEED 5%!!!!!!! Actually, I expect quite a few on this board to file such a form before the financials are released...yeah!!!!!
Tomorrow we will find out how many of today's shares were short sales made by poorly informed individuals who think this company is just another Chinese IPO which sooner or later will make them a bundle!!!!!!
Yesterday's sales:
Short Volume 30,465
Regular Volume 73,818
So, someone believes that one day this stock will go lower and the shorter will buy the shares back and make a profit...LOL>>>>>>>>>>>>>>>>>>
I would love that shorter (or shorters) to post a message on this board and provide some reasoning as to his actions for shorting. We have not heard from Bar in a while--maybe he might post and give his opinion about the line of thinking of the shorter(s)!!!
well r7, you bought yourself more shares today!
Now go after Bernstein with an email, and tell him how happy you are that First China selected his firm, and how confident you are with him that he will make sure that when the financials are filed they will be perfect--NO REFILING EVER AGAIN!
Tell him that he should send a personal email in Chinese to Wang to inform him that he has received many emails from American shareholders who are anticipating Wang to put all his efforts for the benefit of all shareholders as he promised when the company became public.
Well Milton, I am glad you gave some historical information for the benefit of those who are getting into this stock for the first time. Unfortunately, none of the new posters are going to bother reviewing the posts of two years ago and therefore the only thing they will see is the invisible pot of gold at the end of the rainbow!!! Remember that "there is a sucker born every day...".
Looks like the professional "shorters" have nothing to sell to buyers who want to pay only 4 cents at the bid price...LOL>>>>>>>>>
Patience will be rewarded when this stock starts moving steadily upward for realistic reasons...financials' filing and press release from Wang!
Keep the pressure on Bernstein with any idea that you might have which he could convey to Wang. Believe me--BERNSTEIN WANTS THIS COMPANY TO BE SUCCESSFUL AND PROFITABLE SO THAT HE CAN GO AROUND AND LOOK FOR OTHER CHINESE COMPANIES LISTED IN THE USA WHO WANT TO USE HIS FIRM FOR ACCOUNTING PURPOSES!!!!!!
Right now Bernstein is the best conduit that we have to communicate ideas on behalf of the shareholders to Wang. And again, remember that if what the shareholders suggest benefits Marcum along with First China he will do his best to inform Wang on what the American shareholders expect from Wang.
Hey Milton, still hanging around!!
The latest 10Q shows the following:
/s/ MAGDIEL RODRIGUEZ
MAGDIEL RODRIGUEZ
CHIEF EXECUTIVE
OFFICER
(PRINCIPAL EXECUTIVE
OFFICER AND PRINCIPAL
FINANCIAL AND ACCOUNTING
OFFICER)
Tell me--what happened to all the Israel/Jewish-connected people? Is this company in the hands of only one man right now (Rodriguez)? How did Rodriguez get a hold of this company?? What kind of assets do they have right now? Just give me your understanding of this company in a nutshell way--is this Rodriguez the only one running this show! Who is looking for gold??? How come there are 3 zeroes in front of the PPS....0.0004????
I imagine that when the financials are released we will also have to be informed of some Directors or other advisors who are no longer with the company. I imagine that new people have to be found to take their place and be given particular tasks on the Board. My assumption is that the names will all be Chinese unless Bernstein advises Wang that it is good practice to put on board someone with a Caucasian name!!! So be prepared to be informed that someone with those credentials will be appointed to the Board. Of course, we don't need a McTevia who was just there because he lived in Detroit close to the other director! When any of you sends an email to Bernstein just tell him that Wang should be properly advised in making the correct choice for a director who is also well versed in activities that take place in the USA--someone who can really provide an input from the western side of the world.
...and for those on this board who are waiting for something extraordinary to happen, I am providing below a link that shows the name and address of someone who sold a lot of AAPL shares...and I imagine that he has no idea where to invest some of this incredible wealth...and it would be a great idea if this individual decided to buy FCPG shares now and become the largest shareholder of FCPG!!!!!! We need someone like him to provide Wang with funds to expand First China. Some of you smart guys should know how to convince this man to invest in this company either directly or indirectly.......
http://ih.advfn.com/p.php?pid=nmona&article=63571361
Try one of the emails listed on this link to reach the man...
http://www.lead411.com/Luca_Maestri_14104981.html
Hey novice, I have another suggestion for you in particular and for those who plan to write to Bernstein. Just provide Bernstein with some down to earth advise concerning the auditing work that his firm is performing.
TELL HIM THAT HIS ACCOUNTING FIRM SHOULD MOBILIZE AS MANY ACCOUNTANTS/AUDITORS AS POSSIBLE WHO ARE ABLE TO COMPLETE THE FINANCIALS VERY QUICKLY BECAUSE RIGHT NOW WHAT FIRST CHINA NEEDS IS RELIABLE FINANCIALS THAT CAN BE USED BY THE COMPANY TO OBTAIN FINANCING AND EXPAND ITS BUSINESS! EVEN IF BERNSTEIN HAS TO MAKE SOME PERSONAL SACRIFICES IN FEES THAT WANG MIGHT NOT BE ABLE TO PAY IMMEDIATELY, IT WILL BE TO HIS BENEFIT TO ALLOW FIRST CHINA TO BECOME A LARGE SUCCESSFUL COMPANY THAT LATER ON WILL PROVIDE THE MARCUM FIRM WITH LARGE FEES BASED ON THE HUNDREDS OF MILLIONS IN SALES THAT WILL BE GENERATED BY THE EXPANSION OF FIRST CHINA. ALL OF YOU SHOULD TELL BERNSTEIN THAT ANY SACRIFICE THAT MARCUM MAKES NOW WILL BE REWARDED WHEN FIRST CHINA BECOMES THEIR BIGGEST CLIENT!
ALL OF YOU JUST SEND EMAILS TO BERNSTEIN AND PUSH HIM TO EXPEDITE THE COMPLETION OF THE FINANCIALS. NOTHING TRIED, NOTHING GAINED!!!
DO NOT BE DECEIVED BY WHOEVER IS PROVIDING AS BAIT A FEW SHARES AT LOW PRICES!!!!!!!!!!!!!!!!!
WHOEVER IS HOLDING SHORTED SHARES WILL TRY ANYTHING TO CREATE A FEELING THAT THIS STOCK HAS NO WAY TO GO BUT DOWN...THAT IS A BLATANT LIE!!!!
THE SHORTRERS ONLY KNOW HOW TO PLAY THE GAME BUT THEY HAVE NO INSIDE INFORMATION ON THIS COMPANY. WE ALL KNOW THAT THIS COMPANY OWNS MORE ASSETS THAN THOSE REPORTED ALMOST 2 YEARS AGO!!!!
BE PATIENT AND STRONG AND DO NOT BE FOOLED TO PART WITH YOUR SHARE AT THIS CRUCIAL TIME.
RECENT POSTINGS BY NEWCOMER HAVE OPENED YOUR EYES TO THIS COMPANY HAVING MADE MUTUAL RELATIONSHIPS WITH OTHER ENTITIES...NOTHING IS COMPLETELY CLEAR RIGHT NOW BUT THIS COMPANY HAS MORE ASSETS THAN THE SHORTERS ASSUME...BEWARE OF SHORTERS BEARING GIFTS...lol...........
Hey novice, I have taken a moment to get the translated version of your posting that shows Wang ,making a presentation on the last picture shown on the link below. I think he looks slightly thinner than as he appears on the picture that I use above my alias on the left of this post.
Probably when that picture was taken in November 2013 he had lost a lot of weight thinking of all the aggravations that Rottenberg has put on him. Never despair--when things settle down, and all the financials have been published and he consults with the attorneys for serious advise a decision might be made to take Rottenberg to court and sue them for mental anguish, loss of weight, loss of PPS of this stock and many other things that have happened to this company. This stock might be worth more than you think just because of what might come from that legal action if it takes place...LOL>>>>>>>>>
P.S. I hope the shorters are reading my remarks above about the lawsuit so that think twice about the imaginary profits that they are going to make if this stock goes down--IT HAS ALREADY GONE DOWN AND MADE THE LOW FOR THE YEAR!!!!!!!!
http://www.cmp.org.cn/_d276427892.htm
To tell you the truth I don't remember if many years ago I had placed favorable comments about this company in the space reversed for that purpose. When Pack brought that to my attention I investigated what he was talking about and found a section reserved for that purpose and made some up to date comments about this company.
All regular posters on this board--keep your heads on your shoulders and do not allow the shorters to cover their positions at a big profit...I think at 5 cents they are already well rewarded...at least they are getting their money back...LOL>>>
Wheeling and dealing Wang is keeping his mouth shut and is still operating this business as if he owns the whole thing...LOL>>>
MY ADVISE TO ALL OF YOU REGULAR POSTERS WHO HAVE BEEN WITH THIS COMPANY FOR A FEW YEARS--
Hey novice, did MM ever send you the photo with the 2 company vans filling up at a gas station? I have it, but I have tried and been unable to post here the link on iHub. I could email it to you so that you might try posting it here so that everyone can see how the deliveries take place! I am just a bit afraid that by posting it the PPS of this stock might take off upward quickly and many of you might not get a chance to buy more shares right now at the present prices...LOL>>>>>>>>>>>>>>>>
Whoever is buying those shares at 8 cents knows what is going on but does not want to rock the boat too quickly...LOL>>>>>>>>>>>>>>> Just a few hundred shares at a time to give the signal to the rest...LOL>>>>>>>>>>>>>>>Beware of the ides of March...
P.S. The signal is not necessarily and inducement to buy at 8 cents but to alert you to load up as the PPS goes up on a daily basis as the bid continue to rise to higher levels!!!!
Hey nathanial, don't get carried away!
The company website provided on this board is:
http://www.yanglinsoybean.com/
When it opens it provides this:
http://www.yanglinsoybean.com/
However, the website shown on that screen is:
www.yanglin.com.cn
When you search under that site you will get the following:
http://www.yanglin.com.cn/
The information on this last site tells you that:
It seems to me that this stock started to move upward the moment you placed Ms.Gong on your alias portrait frame...LOL>>>>>>>>>>>>>> I wonder between Wang and Gong who has more brains to move this company forward...I guess two heads are better than one!!!!
Here s the Anhui reference...Gong's place of business is mentioned somewhere in one of the annual 10K.
http://www.firstchinapharma.com/news/news_releases/2012/11/first-china-pharma-announces-unaudited-financials-and-issues-guidance-for-q3-2012-
Hey novice, being on vacation as you are right now gives you plenty of free time to play around determining which alias picture is appropriate for you. Well, do me a great favor, crop that picture toward the right and concentrate only on Ms. Gong--she is the one who will make this company great--just skip Wang and enlarge Gong! Thanks.
Novice, just be patient and soon I might be able to give you an official answer. In the meantime remember that the PPS of this stock stands where it does because the outsiders will not act until they see official documentation--right now is still a good time to buy more shares if you have lots of money.
Novice, please take my previous advise--remove the present picture next to your alias--go back to normal. I am sorry that I have to bring you down to earth again, but the sentence that you used does not belong in your last post...
Page 8 of the 2011 10K filed Nov. 19, 2012:
"We have a proprietary Enterprise Resource Planning (“ERP”) system that is integrated with our internet ordering process, which enables us to directly procure pharmaceutical products from drug manufacturers and from the large national distributor, Anhui Huayuan Pharmaceutical Co. This enables us to execute a direct sales model, where some products can be shipped from the manufacturer or national distributor to our customers. We expect this strategic use of technology to significantly enhance profits of both the Company and our direct customers."
Hey novice, remember that to be a winner you don't need to be always right--it can happen also if you are lucky, if you think you are right and even if you are completely wrong!...LOL>>>>>>>>>
I am sure that if Wang knew all the good work you are doing to help him he would realize how crucial people like us are to the future of this company.
I hope one of you when emailing a message to Bernestein did not forget to mention that he is part of a group of about 40 shareholders who are deeply involved in the wellbeing of this company. Please include in your email the list of shareholders that I posted last week and mention that the list has grown larger but has not been updated. Thanks to all.
How to make big money by accessing the medical research records of other medical entities in the US and possibly in other countries...
http://medcitynews.com/2014/08/cybersecurity-firm-chs-data-theft-china-motive-steal-u-s-health-data/
So Mr. Bernstein is not like all those wishy-washy CEO of an auditing firm who don't even reply to an email from shareholders!!
Not only do we know that lots of auditing is taking place, but we also know that Wang is not spending money on frivolous things like releasing a PR at this time...LOL!!! When the financials are done he will do everything at one time--in the meantime every dollar(yuan) goes into the company.
By the time the financials are released some of you will have enough shares accumulated that you will have to file an SEC insider disclosure form--come on, don't break the law--which one of has more than 3 million shares under his name...LOL......................
Smile!! There is something to smile about!!
Most of you are still making good money either working or retired with lots of cash or securities, 401K plans, IRAs, etc.
However, since you do not know what the future brings, you feel a little fearful to put more money in FCPG stock because you have already been burned badly. BAD THINKING.
This is really the right time when you should accumulate more and more of this stock quietly at the present price. For those who can read between the lines they will understand that this stock cannot continue to trade in this range for ever...soon the event that everyone is waiting for will take place and then and the PPS of this stock will double, triple, quadruple, quintuple, sextuple, septuple, octuple etc...
Yes, there is something to smile about for all of you...
Hey lanob ,good work and good response from Bernstein. I wonder how many others from this board took the time to email Bernstein a similar request for answers. If someone plans to send a new message to Bernstein, please be sure to mention that you are part of a “special group” of shareholders who communicate with each other through this Ihub and also make specific reference that this small but select group (which also includes family members, relatives, friends, and other contacts who are also shareholders but not posters) represents about 35-40 people. Remind him that if FCPG has 60 to 70 shareholders of record, than this group represents more than 50% of shareholders of record! Suggest to him that he should take the time when he communicates with Wang to make him understand that there are people who believe in Wang and who expect for Wang to do the right thing for the benefit of shareholders.
I am providing below the list of shareholders that had been updated on this board nine months ago just to give you an idea. I am sure the totals have gone up.
SIXTH UPDATED LIST AS OF JANUARY 22, 2014: Post #12227
alltheway:1 shareholder; 1 family/friends shareholders…total 2
novice: 2 shareholders; 3 family or friends shareholders…total 5
pack: 1 shareholder; 3 family or friends shareholder…total 4
red: 1 shareholder; 0 family or friends shareholders…total 1
dmg: 1 shareholder; 5 family/friends shareholders…total 6
hoozyrdadi: 1 shareholder; 0 family/friends shareholders…total 1
bs: 1 shareholder; 1 family/friends shareholders…total 2
redsky: 1 shareholder; 0 family/friends shareholders…total 1
stopshortH:1 shareholder; 0 family/friends shareholders…total 1
gwb:1 shareholder; 1 family/friends shareholders…total 2
oltimer: 1 shareholder; 1 family/friends shareholders…total 2
robfierce: 1 shareholder; 1 family/friends shareholders…total 2
TOTAL SHAREHOLDERS CONNECTED/RELATED OR FRIENDS....29
Hey novice I believe that everyone who cares for this company should send an email to Mr. Bernstein to impress upon him how important it is for the financials to be released as soon as possible so that this company can use those financials to obtain some desperately needed funding. Keep emailing him every week if necessary and be sure that all the 30+ shareholders who "registered earlier on Ihub" also send emails so that he realizes that this is a company that is being followed by all shareholders on a positive basis.
Drew Bernstein, Partner
Tel: 646-442-4811
Email: drew@bpaccountants.com
Hey newcomer, pack, dmg and others who own a large number of shares of First China here is some good news about pharma company...Bohai.
http://finance.yahoo.com/news/bohai-pharmaceuticals-expects-2014-revenue-121500488.html
However, I did not post this message just to tell about Bohai...no,no,no...it was really to make you aware that First China is in good hands with Marcum and you never can tell what could develop if Wang ever makes contact with the people at Bohai...AFTER ALL BHOAI IS ALSO BEING AUDITED BY MARCUM.....(SEE BELOW on the right hand side).
http://irdirect.net/BOPH/corporate_overview
Here is a good story that rings true going back to 2010 events...however, for those who want to bash Chinese stocks, just remember that this story applies to all IPOs--some make it but the majority fall back on their faces!
http://www.bloomberg.com/news/2014-08-13/how-to-blindly-score-43-profit-overnight-in-china-stocks.html