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Nice day for dmg to get some tension off his chest.
All the discussions that take place on this board AT THIS TIME SERVE NO PURPOSE OTHER THAN CREATE THE SAME TYPE OF RESPONSE FROM PEOPLE WHO THINK THAT THEY KNOW MORE THAN WHAT SOME OF US ALREAY KNOW.
JUST REMEMBER THAT WANG MAKES A LIVING BY KEEPING THIS COMPANY OPERATIONAL. AND ONE MORE THING--WANG IS AS ANXIOUS AS WE ARE TO HAVE THE FINANCIALS COMPLETED AND FILED WITH THE SEC AND WITH THE CHINESE COUNTERPARTS. HE NEEDS THE FINANCIALS TO OBTAIN THE BIG FINANCING MILLIONS THAT WILL MOVE THIS COMPANY FORWARD.
JUST KEEP BUYING THIS STOCK RIGHT NOW WHILE IT IS STLL SELLING AT ROCKBOTTOM PRICE.
386 Fan Rong Jie
[url][/url][tag]insert-text-here[/tag]Ji Xian Xian, Shuangyashan, Heilongjiang, China
46.729507, 131.122899
https://www.google.co.in/maps/@46.727742,131.133156,9028m/data=!3m1!1e3?hl=en
I am posting the same message so that the shorters know who is buying all the shares that they are selling....
Good news...someone from this board is buying all the shares being sold today...how do I know that this statement is a least 50% correct--because 50% of this company shareholders are connected with this board!! Ah,ah...............We have at least 30 people related to this board who are shareholders, and this company has about 60 shareholders (after omitting the insiders).
Looks like today is a positive day for this stock--even though we have no news! Just a matter of perception and belief that the best is yet to come. KEEP BUYING THIS STOCK AT THIS PRICE AND YOU CANNOT GO WRONG.HOW DO I KNOW THAT THIS STATEMENT IS CORRECT? KEEP GUESSING..........
Well gwb, it seems that everything is going according to Wang’s plan—get rid of unnecessary expenses and use the money saved to expand the business! The fees paid to the auditors are unavoidable but the consultants have become superfluous. I am sure that one thing has changed—the relationship between Wang and the people and suppliers at Anhui. That could be the big game changer for this company—-a supplier that is working close with Wang and provides extended credit in return for some special treatment. A lot of Chinese faces but when you think of it those are the type of faces that you also find at big Alibaba!!! Expect some big surprises when you read the forthcoming financials. And one more thing, the other day there were only 11,000 shares traded and out of those 10,000 were short sales at 6 cents. Now tell me who in his right mind is shorting at 6 cents hoping to buy back at 5 or 4 cents…….someone who knows nothing about this company!!
Hey novice, kind of slow on this board lately?
Would you do me great favor and send Mark Lee an email asking him to tell you why Wang is pushing away all the old friends from the USA who have cared so much for this company. Tell him about your friend DB and how disappointing it is for shareholders to realize that the American voices are being silenced...tell him that it is never too late for Wang to learn more English and upgrade the company website so hat we can all get in touch with him directly. Thanks.
2.15
We are down again in price after the company released the results for the fist quarter of 2014. The company is still holding a lot of cash in hand, but the perception must be that earnings and net income are down! We just must be patient and see what the numbers will show when the next quarter earnings are released.
I forgot to mention one important thing about Wang and his wife (Gong)—they have been in the pharmaceutical business for more than 20 years and that is what they know how to do best. They have no intention of going back and working for drugstores or other outfits again—they want to run their own business and they will succeed in one way or another. With over $60 million dollars in sales this is no mom and pop business—and think of all those 90+ employees who depend on them to make a living. This company will survive, expand and surprise all the doubters, and reward the shareholders who have bought stock in it, particularly at the recent cheap prices. California Chrome all the way to the finish line……
So it seems that this stock is not attracting any interest from investors or speculators—-that is exactly the way it’s supposed to behave until those financials are filed.
Yes, the financials will be filed and then everyone will know that this is a real company with a great future. I am confident that with the help of the Marcum people, and possibly Bernstein personally, Wang will be successful in obtaining sizeable financing to expand this company in the way that was originally planned. Those financials will change completely the perception that American investors have on this company.
PATIENCE AND FORTITUDE! DO NOT BE INTIMIDATED BY SELLERS AND SHORTERS. California Chrome all the way to the finish line…LOL>>>>>>>>>>>
Well red, based on CC performance for a mile and a quarter yesterday, there is no doubt in my mind that in two weeks in the Preakness he will win by a ten length margin. The only question will be what kind of odds are we going to get for that race??? And after that we will finally and hopefully see a triple crown winner after more than 30 years......I have a feeling that we will be rewarded for all our painful experience with this company on or about he time the Belmont is run!!
Hey newcomer, pack and dmg, it might sound harsh for Wang to abandon old friends but if he can avoid paying consultant fees to people in the USA , and if he feels that he can achieve more with business people there in China, who are we to judge his actions???
Also, what is important right now is for the financials to be released and for Wang to be able to get financing right there in China. I am sure that he has also made good friends with some people in the Marcum office in China and he feels pleased that he can talk to some supervisor there freely and get answers that apply to financing issues right there. I feel confident that when the financials are released we will be made aware of good news about some financing deal. Patience is needed right now--we have no choice.
For those who failed to read my important message, please read it carefully and understand why this company cannot fail and why soon all those who have persevered will be rewarded. This company might be considered "the jewel in the crown" when you look at all the other Chinese companies that Bernstein caters to and therefore this being his latest addition he will make this company his showcase to attract more business. Mark my words and use this period of despair to fatten your holdings of this stock and don't forget to read the article about California Chrome.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101343567
Looks like this site is becoming as exiting as a cemetery at midnight!
Never fear, I am here to cheer you up and bring you good news about this company, even though I have had no contact with anyone there for about 4 months. The good news is that I believe in one man being influential in the future of this company, and that man is Bernstein!!! Yes you read it right--Bernstein! He is the one who has a lot to lose if this company does not perform--the fees that he has already budgeted to receive will not be coming if this company disappears.
THAT IS THE SECRET OF FIRST CHINA SUCCESS...BERNSTEIN WILL DO EVERYTHING WITHIN HIS POWER TO GET FINANCING FOR FIRST CHINA EITHER IN CHINA OR IN OTHER COUNTRIES SO THAT HE CAN CONTINUE TO AUDIT FUTURE 1OQs and 10Ks!
Well pack, you are one smart cookie.......you decided to load up on this stock today with 95,000 shares, and I must congratulate you for keeping all that inside information to yourself...LOL...too bad that I don't have any money to join you in this buying spree...yeah>>>>>>>
Remember that Wang when he needs help cannot call on Marcum (who is probably dead) but he can always rely on top man Bernstein to give him advise on what he should do next, the moment the financials are released--THAT WILL BE FCPG D-DAY...from 6.5 cents to at least 12 cents in one day.......
One more thing pack, I really don't want this stock to go up at this time because I am hoping to come into some big money after winning at the Kentucky derby and then I will be able to buy at least one million shares within the week that follows...tell me you believe me!!Thanks to all.
Good news from China...their economy has either reached ours or is going to surpass us very soon--4 YEARS HEAD OF THE SCHEDULED EVENT...LOL
I bet Wang is also having a good time....
Someone bough 65,000 shares right after the opening bell--whoever that was he is either an idiot or a genius...I have a feeling that he knows more about this company than some people on this board...if you are a poster here, please keep your mouth shut and keep the information to yourself.
Hey bonal, you and newcomer should work together to restore this board to the level that it was before, when everyone loved to post and have fun...
Thanks to the tremendous response received from people from this board, and Red in particular I feel confident that I can make an aggressive move and win the Derby by playing the favorite...yeah, I believe in favorites always being winners when the proper circumstances materialize! The problem seems to be how can I sell and get the funds in my hands by Friday or by Saturday morning???? Can anyone suggest a plan of action under these circumstances????
If it "Looks like it!!~"it might just be one of the best investments I ever made...yeah...>>>>>>>>>>>>>>>>>>>>>
Today, unfortunately, I will not be able to be close to a computer from 4 to 5 pm, and I will not be able to send any messages during the "free message hour". Therefore, all those who want to whisper something in my ear, just send the private message anyway and have some fun......it's 2am Saturday in Kunming, Wang is sleeping and dreaming of all the plans that he is going to implement as soon as he gets those financials and takes copies to different lenders right there in Kunming(or in some other city that Bernstein might suggest) and gets some big loans...yahooooooooooooooooooooooooooooo
Well hoozy, what happens on this board might be irritating now but it really has no importance to whatever happens to this stock.
All decisions to hold, to buy or to sell are strictly based on individual assumptions. When the financials are released, the people who have behaved badly will be ignored and will realize that the mistakes they made cannot be forgiven! Nobody will accept the apology of someone who has behaved as a slave master...
color=red]2.29[[/color]
We are down again in price just before the company releases the results for the fist quarter of 2014. I am sure the company is still holding a lot of cash in hand, but the perception must be that earnings and net income are down! We just must be patient and see what the numbers will show.
Hey CBW, I must compliment Ihub for providing such well organized chatrooms where opinions can be exchanged freely. However, I must compliment them even more for allowing posters who are not 100% subscribers to use one hour each week--as I understand it on Friday between 4-5 pm--to send private messages to other posters who sometimes get carried away in the manner in which they express their opinions.
Well, being that tomorrow is Friday let all of us get in a happy mood and exchange as many messages as we can with each other during that HAPPY HOUR to end the week in a positive way.
Looks like everyone on this board is fully vested in this stock and simply has no money to buy additional shares!! Even my advise to load up is being ignored! This tells us that other than the shorters the only other people interested in this stock are this board regulars.
That is good news................
A special message is directed to newcomer, to remind him that he should contact MM and convince him to come back to this board--we miss him!!!I really want to know if he shook hand with Miss Gong or if he gave her a hug...
For those who can read BETWEEN THE LINES I am advising all of you to start loading up on this stock at the current prices...I can only tell you I have consulted my reliable psychic and she has seen clearly the smiling face of Wang with thumb up next to Bernstein who is also shaking Wang's hand to indicate full agreement to the BUY signal. Don't ask me for more details because that is all that I a am allowed to say at the moment.
You have noticed that nothing derogatory has happened to his stock because the SEC has no reason to inform this company that they must file by a particular date. There must be a rule that allows a company who has changed auditors to complete unfiled financials as soon as practically possible under their circumstances. In this case First China was practically abandoned by Rottenberg and it had to find a replacement. I believe that under these circumstances time is not an issue. Therefore, what we deem to be a delay becomes perfectly acceptable by the SEC.
The financials will be filed when they are ready!!!
oltimer, read my previous post and in particular the P.S. which I just added.
Hey dmg,I have not read the article that you are referring to, but I must congratulate you for spotting some information that is stale and probably has no relevance at this time.
We have all seen Bernstein in some interviews about Chinese stocks and he knows what has to be done to fix issues that might be relevant. I have no concerns about First China because I know that soon the financials will be completed and filed with the SEC.
Whoever is fearful should sell this stock and allow those who are major holders to continue increasing their holdings of this stock at these bargain prices!!
P.S. One more thing--Wang is a major holder and I would not be surprised if his wife is not accumulating shares under her name at these prices; yes she can safely buy about 2.9 million shares (less than 5% of outstanding shares) and would not have to file any disclosure form!! And if they have a child (who would probably be about 18-21 years old by now)he or she could also accumulate identical number of shares. And this also goes for relatives that they have in China. Therefore, I am sure you all understand that Wang has no intention of letting this company fail...................
Just satisfy my curiosity, which one of you posters has bought those 40,000+ shares that have been traded today???? I don't think shorters would be selling a 6 cents hoping to cover at 4 cents?
There is all kind of trickery that can be perpetrated on shareholders on slow days like today!
Those who have shorted this stock are itching for some action. So, what can they do--sell some shares to themselves at the low price and hope that other shareholders will be intimidated and start panicking by selling at even lower price.
Remember that there are about 500,000 shorted shares to be covered and the shorters are impatient people who want some action and move on to something else. They know nothing about this company and the work behind done by the Marcum people and they think they can fool knowledgeable shareholders with their tricks.
For those who want to challenge the shorters, just place a buy order for 50,000 shares at the low and see what reaction you get...
So it seems that because of overbuilding there is plenty of space available at cheap prices!! Industrial space available for First China to move to a better place and expand its business--all that is needed is to have the financials in hand and approach the right people who are willing to invest in the pharma business instead of the crumbling Real Estate business...I certainly hope that Mr. Bernstein from the Marcum firm can be more that just an accountant and instead introduce Wang to his banking connections in China IN ANYONE OF THE 4 CITIES WHERE HE HAS OFFICES!!!!!! In my opinion the cards are in our favor and we will come out winners at the end. Patience now, and a chance to accumulate more shares for those who have the guts to take a chance....
http://www.ibtimes.com/developers-china-combat-real-estate-oversupply-wacky-deals-deep-discounts-1573307
Hey MM, looks like you are going crazy today buying shares!!!
"The richest man in Babylon", actually and maybe I should say the richest man in Arizona...LOL.........
I would not mind holding 100,000 shares or more of this stock at this time. It only has to go up to 14 cents for you to double your money! What are the chances of people who buy Google right now to see the stock go back up one more time to one thousand?????
Well dmg, don't take it too hard...there is always a guardian angel somewhere that understands our anxieties and is always there to help us at the very last minute when we are ready to give up!!
The previous poster read some comments I made 8 months ago and he got stuck with shares of FCPG when he could have flipped the money and made a fortune in some other stock! Yes, that is exactly what I could have done on that December day 2010 by selling whatever shares I had at over four dollars per share--but I waited for the next day and I still failed to act...one more thing, and this would interest Red more than anyone else--how many young people have any interest in a sport that is crumbling day by day? Even the forthcoming Kentucky derby cannot save attendance at racetracks which are now being converted into casinos or raceinos!!! Look at poor Wall Street and particularly the floor of the NY Stock Exchange--just a thing of the past.
well hoozy, you JUST got your 950 shares which added to the other 999,050 shares that you own elevates you to the rank of MILLION SHARES HOLDER...CONGRATULATIONS..................
After posting my latest comments I realized and figured out why some recent posts had been deleted-- there was too much discussion about sports matters and that is a subject that detracts other readers from concentrating on what is really happening to this company and this stock! Some of us want to either get disgusted by First China situation or be cheered up by some good news and we simply cannot take any more bad news about sports matters and have to worry about that on top of what is happening to this stock...LOL>>>>>>>>>>>>>>>> Well lanol,I hope you can top my explanation......
Well lanob, now that you are in the moderator cubicle I think that you should be able to provide some answers if asked. I would like to find out what happened to post number 11725? I could wait until later to get an answer on my own but since I have I desire to make some comments of my own maybe you can provide some enlightenment more quickly. Thanks.
P.S. I just noticed that post ---21 and post ---23 have also been deleted, please let me know if Ihub is running out of storage space and therefore some posts have to be deleted!!!Please don't delete mine, thanks.
novice, I still use that in my email address which you and others have used in the past to communicate with me; I also use that in my yahoo chat board from time to time.
Hey newcomer, you might be the right person (or even dmg might do it) to contact Mr. Bernstein by email by using the information below to find out what is going on with the auditing. In case the email address below does not work (because it was used before Marcum and Bernstein merged),all you have to do probably is add an "m" in front and it might work...drew@mbpaccountants.com
Contact Information:
Drew Bernstein
Bernstein & Pinchuk LLP
Partner
Tel: 646-442-4811
Email: drew@bpaccountants.com