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,,,forget about CPICF it has business but not the kind of future CTGLF represents,,,,,
,,, as far as i know there has been always only one seller,(known as Dransfield Holdings),, and i find it difficult to believe he has much stock left , he has sold steady for over a year almost every day,,,,this does not nullify my premise of naked shorting either,,,,,
,,,,,,,,Fan did a real reverse merger on CPICF,,,,a 20/1 reverse split,,,like the rookie he is in american public companies, he killed off his shareholder base which is a precription for failure and has had no publicity for the company since,,,,,bad advice again from his council and his current market is arbitrary,,,,no resemblence to what we have with CTGLF,,,,,
,,,,,CTGLF was a reorganization and has well over 1000 stockholders around the world,,,,,,the "insider" JT refers to is not a real insider , he was the majority shareholder of the old DFCT and his 144 stock was automatically free trading stock after the reorganization of DFCT,,,,,he still has a nuisance lawsuit pending in Hong Kong against the company for back wages etc,,,and has been hostile to the company since the beginning,,,,,he also was a thief and stole from the company but escaped prosecution in exchange for selling the company to Fan,,,,,,,,,,,
,,,I have no proof or knowledge that Fan is sitting on the Financials,,,, and that motivation is gone now if he was with this latest press release which probably will increase his revenues by 10 fold or more,,,,,(its a real cash cow)
The amounts of merchandise and goods the pass thru this container port Huang Gang Port,,,,the highest traffic port in China is mind boggling to quantify,,,plus they have a monopoly on the the logistics out of the port and thru the toll highways and freeways sytems,,,,,,,,,,,,,,(this kind of deal is why we bought CTGLF,,it is an excersize in monopolistic provided by the Mother company which partially owns every container port in China,,,,
# 10 (To whom it may concern) Chinawatcher`s top ten reasons why CTGLF captures the imagination of JT (wanting to sell his car to buy more share).....( it is the same do dilligence that captured the imagination of myself, my friends, and my clients,,,
,,,congrats to all that emailed their protest,,,,,
,,,Fan responded effectively,,,,,,,,,( this memoranda of understanding had been signed for some time ,,,his choice of release was in direct response to this pool of shareholders,,,,as stated the total registered shares on JT`s website totals a little over 1 million shares,,,,,,you can see that in ratio it represents a tiny bit of the outstanding shares yet the activist element of the company,,,,that is a good thing!!!!!!! as the collective voice has more empowerment than a shareholder list and controlling shareshareholders sometimes,,,today we had a victory in changing management behaviour ,(within 48 hours 2 dated items in affiliation with CTGLF on CTGLF website , and a direct press release germane to the growth milestones of CTGLF
To whom it concerns:
I will try one more time,,,,,,to deal with the amount of shares that we should be concerned with and the credibility of eddie yu saying there are 20 million shares to go,,,,,
1. the total outstanding shares of CTGLF at the time of reorganization were 52 million ,,some were free trading and some were 144 stock,,,,once the reorganization was finalized all the 144 stock became free trading without haveing to register them,,,,so at most there are 52 million shares free trading stock around the world, we do not care (now maybe later) about the total outstanding shares ( 144 stock held by insiders plus the free trading stock Fan`s proxies have bought off the market at the bid price like today and the last few months which accounts for the positive accumulation trend,,, )
2. now eddie yu claims there is 20 million to go,,,,which means he sees regularly the shareholder list and the declining shares from transfer agent , but also suggests he knows the intentions of the holder to sell,,,,,( i doubt if he has ever seen the shareholder list of CTGLF, whats more how does he divine the intentions of the seller ),,,
3. whats more if they knew who the seller was,,,Fan could have made a private offer for the stock knowing that the share price would rocket and saved himself tons of money on the acquistion of this recent company,,,,( he may yet as its not complete , MOU are not done till they are done with the chinese ),,course he paid 40 million cash for centrans and may pay cash for this one,,,,
4. the seller/ shorts always sells heavy on press release day,,,which has always led me to believe in the short premise and the naked short theory as of late ,,,what other motivation,,,,selling always scares retail daytraders away,,,
5. much more than 52 million shares have turned over since the delisting,,,,thats normal in any company untill the 13 day short settlements are effective between brokers,,,,then if the stock has a tight float the share price reflects it,,,,,
6. yes this stock could bust loose any day,,,,,or take a another year as "doubting thomas" followers believe,,,( pick your own camp )
7. yes news and financials help share price,,,,,BUT IT HAS NOT BEEN THE PRIMARY PROBLEM OF CTGLF PPS ,,,
8. many small companies with 300 to 400 million free trading shares trade higher,,,,
9. MY premise is Fan and only Fan knows where and how many shares are out there than can hurt his share price,,,ie ; a deal was cut with NITE (happens all the time with reverse merger companies and a CEO) to keep opening the shares down and let the seller/short hit the bid till he is exhausted,,,,,,,,then and only then can Fan be assured of a rising share price that will eventually stick,,,,and he will not tell any of his underlings the nature of those agreements as its the way CEO`s protect themselves from defectors,,(as was the case with Aaron Zhu the old CFO and co/founder of CPICF,,,,,,,,,
,,,about todays news,,,,,,,,,,,these acquistions always create more questions than answers,,,,,
,,,notice the high level of selling this morning following this press release, deja vu,,of the previous 15 press releases,,, common sense suggests that a seller would back off for a few hours or days allowing price to rise on new enthusiastic buying thus getting a higher selling price,,,second thing to note,,,who do you think is buying all stock at the bid ???,,,,i promise you it is not the MM,,,,(this was one of the prime reasons Frank let go the Alan Stone company, he got no juice out of their promotions and connections,,,,,
,,,the most postive and significant aspect of todays news,,,aside from the new range of products this company brings to CTGLF,,,is Franks comment on revenue increases,,,do not take this for granted !!!!,,it instantly changes the guidance alan continually talks about offered on CTGLF website,,,,I do not dare try to quantify the significance,,,you have to live in the province to understand the massive movement of goods over these exclusive toll roads and freeways,,(including all movement from the new airport) nevertheless it is overwhelming amounts of traffic,,,and will represent expoential increases in revenues,,,,
,,,,there already has been a reaction Lima,,,,,2 dated news items hit the CTGLF website,,,,,and for those interested my mail to Fan,,I simply warned him of a shareholder revolt,,,,and reminded him that he was in violation of Regulation FD,,,,
,,,, now as to these share issues,,,,one of the great idioms of the market we call " smoke and mirrors" counting shares is exactly that,,,,,only with a shareholder list coming each month can begin to discern shifts in shareholders,,,,,partly because of street names,,,,,,,,partly as brokers are historically slow in reporting account accumulations,,,,,,the fact is we only care about free trading stock,,,,,,,of which there can only be a maximum of 52 million,,,,,,,,,,alans shareholder count was published in DFCT`s various filings,,,and is public and obsolete, also as of last shareholder meeting there were by account over 1000 foreign shareholders,,,we have only couple dozen on ihub,,,,,what the company will not tell you is which of Fan`s proxies have been buying for the last few months and how much ,,( it is that buying with some occasional retail buying that accounts for the accumulation trend and keeping the stock from going to a penny in face of the relentless selling or shorting,,,and I am not convinced yet the company knows the difference by its shareholder lists,,,they could easily be shorted by a offshore company who fails to meet settlement dates by vague means,(another subject) ,,,,,i believe nothing eddie yu says about the issue either,,he is not sophisticated enough to know the differences,,,,,,,,so the bottom line we know no more now than before,,,except the selling still continues as of this date,,,,,
,,,good for you Stogi ,,,,I sent mine yesterday so Frank would not be surprised and outlined the basic summary i just wrote concerning affiliates of the Dichain Brand,,,,,
,,,seems he just responded with 2 items which we talked about last week,,,,,,
,,,,Things to think about and discuss if you are so inclined,,
,,,, After a reasonable period of time i mentioned that it might be appropriate, if we do not see some new effort to communicate with shareholders on a level playing field with our chinese counterparts,,,,, to file a complaint with the SEC,,this of course is a serious matter,, and has to have a solid argument if it is to be taken seriously by the SEC,,,,,,,something more than disgruntled shareholders with the common complaints that the SEC receives every day by the hundreds,,,,,
,,, In summary Fan believes that because his holding company is not public he can do as he chooses about disclosure in china,,,,in part that is correct,,,what he fails to understand under sarbanes/oxley is the Dichain Brand is in progress of verticle integration,,,,which means that CTGLF is an affiliate of the Dichain/Asia Brand,,,therefore under our disclosure rules anything linked in that manner must have even and equal disclosure to all interested parties,,,,,as a sample of that rule in effect just read all the footnotes of previous CTGLF/DFCT filings,,,( of course he has lawyers to see those disclosures are made properly ) however press releases rarely are monitored by council,,,,,,, and Fan has either ignored that advice or it has not come to the attention of his decision tree,,,,,,,,
,,,lets hope this mailing will awaken his responsibilites in these matters,,,,,,,,,,,,
,,,,,,,,calling Fan is NOT the thing to do JT,,,,,under Regulation FD ,,,Fan can not open his mouth to a shareholder without saying the same thing at the same moment to all shareholders,,,,his lawyers would never let him entertain a private call from a shareholder,,,,,would be big trouble,,,,,,
,,,,It is enough that you register your feelings by e-mail,,,,
,,,, He will feel the agitation and the pressure,,,,and chances are will issue a general response to all by press release,,,,,,,,,,,lets not go over the bounds of good shareholder advocacy,,,,,,
,,,i do it all the time JT,,,,,,as is evident my influence to date has been limited,,,,or the share price would be 5 dollars now,,,
,,,Fan reacts no differently to foreigners than his government does as you read the headlines about revaluing the yuan,,,,,,,
,,,they all dance to their own drummer,,,,Fan`s education in California at USC,,,,supposedly would give him and edge in our markets,,,,,,,,but he just made to many mistakes in the beginning with his paperwork,,,,,and has been overly defensive since the delisting,,,,,
,,,the stock even at these prices ,,,as alan has and i have reminded everyone many times,,,has doubled out of its trough many times in the last year,,,,,,it is a good vehicle to trade,,,,while you wait for your riches,,,,,,,,
,,,,,,i would certainly agree with alan in his characterization of Fan`s attitude and thinking,,,,,,,,,and for a long time that has been okay with me,,,,,,,,, my problem now is Fan is in fact putting out information that only the chinese see,,,,that is not okay,,,, eddie yu reports 20 million shares to go,,, which means the company DOES know who is selling and it is not rocket science to figure who it is,,,,the company gets monthly shareholders lists from transfer agency and decreases are easy to track,,,,,shares held in street name of course are more difficult to track,,,,but those are not the shares that we are dealing with,,,,,,,,there is only one source of the size and block of shares that have been hitting the market,,,and it was one of the mistakes Fan made in the beginning in not makeing arrangements to buy privately,,,,,,but then again the holder was hostile to the new management and made it seem not feasible,,,,
,,,of course when its gone,,,it gone ,,,and share price will rise,,,,,,,,,alans characterization of Fan`s larger vision on a long term basis and feels no urgency is also the way i read him,, ,,,but it is not specific to Fan,,, it is cultural,,,,,,nevertheless he is growing a company and stock is his 2nd currency and beleive me he will acclerate revenues and earnings into the company ahead of the time frames posted on website,,,,,
,,,the bottom line is we live in times that require more transparency and disclosure,,,and Fan will have to adjust his attitudes, accordingly,,,,,,it was Fan who opened his mouth and promised quarterly reports,,, he created the expectation,,,,he needs to fulfill them,,,,,
,,,,OK GUYS,,,,GO FOR IT,,,,,,,if they were going to file we would see it by now,,,,,,,,so craft your discontent in an email to Fan,,,JT has the address posted above,,,,,
,,,, If any of you lack for words you can keep it simple,,, like a famous movie back in the 80`s called "NETWORK" there was a famous line from a news anchor who was unhappy the way the tv network handled disclosure to the public,,,,," I AM DAM MAD AND I AM NOT GOING TO PUT UP WITH NO DISCLOSURE ANY MORE "
,,,Write what you choose guys,,,,NO CURSING !!!!! and keep it reasonably short,,,,,,,its just email,,,,not a dissertation
,,,It is nighttime in Hong Kong now,,,,so you have plenty of time today to express your your discontent ,,,,,,,,,,
,,,alright thx JT,,,,you are the MAN,,,,,,
,,,now this requires everyones participation,,,or it is an excerise in_________ well i will not say it in deference to lbotez
,,,so JT you get your poll data ready,,,,,,and get committments to have a mass response,,,,if everyone co-operates,,,,it will change management behaviour,,,,,,,,,,,,to register complaint their no need to disclose shares,,,,,,just your name to check against shareholder list,,,,,,that is all that is required,,,,
,,,send the e-mails to Fan that is the address i use to speak with him,,,,,,,,,,,,,forget investor relations,,,,hehe
first step :::requires a complaint to management,,,,that we do tomorrow if no financials are filed,,,,,,,
,,,one proper step at a time !!!!!!!!!!
,,,everyone can express their own discontent in their own words,,,,,just show respect,,,,,no cursing please,,,,,
,,,if you have command of english,,,you can swear at him if you choose as long as it is covert,,,,,,,,,show respect but unload your discontent and reinforce your solidarity with other shareholdrs,,,,,,,it implys class action,,,,,,
,,,,my most recent post of # 1739 is the first step under sarbanes /oxley, for shareholder activists to change the behaviour of management unresponsive to shareholder rights of disclosure and transparency,,,,,,the next step requires unison also and numbers to register a complaint after a few days with the SEC,,,,,this will trigger a "WELLS NOTICE" and after Frank discusses this notice with his lawyers and its ramifications,,,,,,,i promise you all a change in his behaviour,,,,JT has been issuing a call to arms,,,and rightly so,,,he just dont know how to do it, nevertheless in spirit
he is right,,,,,Management is unresponsive to the rules of sarbanes/oxley and Regulation FD ,,,
Its time to put the foreign fire to the chinese arse !!!!
Like JT asserts,,,,,,,,,IT IS OUR COMPANY,,,,,,,,
,,,all those in favor say I,,,,,,,,without unity and solidarity their is no "wells notice",,,,,all for each other ,,,or none for all,,,,,,,which will it be for this crowd,,,,,,,,Management needs to have its hands slapped !!!!!!!!!
,,,your welcome sugar,,,,,,,nothing i can do about that,,,,they are participants of the chinese tech press,,,,,,,, and they do take notice of Dichain
,,,,To whom it concerns,,,
,,,, In the cause of unity and solidarity as shareholders,,,,and in support of the spirit of JT,,,,,if the financials are not filed in the morning ,,,,I suggests everyone on this board send a e-mail to the investor relations department registering their discontent with promises made but not kept,,,,,,,solidarity implys class action litigation,,,,some one might take notice !!!!!!!!! there is a limit to shareholder patience and sarbanes-oxley insures our rights to a certain amount of transparency and disclosure,,,,,,,,,,,,
,,,all those in favor say I,,,,,,,,hehe
,,,,here is some more recent news,,,,,this chinese publication talks about Dichain moving into another niche ,,, the information security space,,,,,,,,we have allready had hints of it,,,,with the Dap upgrade,,,,,,,,all part of Fans plan to be vertically integrated in all IT services,,,,
,,http://yesky.com/
,,,,first of all this is old news,,,,,,,and second the assets were acquired by Dichain holding,,,,not CTGLF,,,,,,as Fan attempts to build a business model of verticle integration,,,many of the apples of his eye will be acquired outside of CTGLF and then consolidated into CTGLF at a savings in some cases of unneccessary dilution,,, ,,,,you have already read my posts where i state he can put into CTGLF as much earnings and revenues as he wants,,,,,,,,,which he will do on his own time frame ,,,,,which profit centers of course we will not know till he announces them,,,,
,,, in addition for any of you who believe i am an advocate of Dr. Fan,,,,you are gravely mistaken,,,,however most of my criticizms are said to him directly,,,,,,,,,he is what he is,,,,,,,my advocacy has to do with small company in china that has monopolistic elements and a mother company to make sure it never runs out of money,,,,,,it is one of the few safe investments that one can put lots of cash into and know one day you will get your return,,,,,in most small companies you can not do this,,,as all small companies have money troubles,,,,,,CTGLF is an exception to many rules in the venture capital world,,,,
,,,,,the only thing that has expanded and grown since your message number #937 and prior to it ,,,,,,,,,is your hubris JT,,,
,,,,which is the downfall of all traders,,,,,,,,,,,,,,,
,,,, as for the investor class,,your are your not old enough !!!!
,,,,as for the venture capital class,,,,,,you do not have enough money or experience,,,,,,,
,,,,,moral to the story,,,,,keep this story line alive,,, then you better get another life,,,,,,,,,,
,,,as concerns about the reverse split,,,its about the power behind the 6.3 million bucks,,,,,,they will not stand for it,,,,,,,get a new life JT,,,,,,,,we are talking China not america,,,,,,,
,,,,,,,,everyone appreciates your energy JT,,,,including myself,,,,,,don`t squander your good will by acting like a young punk now on the streets being challenged,,,,,,,,,,do some serious homework,,,,,,,learn to be either and investor or a at least an average trader,,,,,,,,,your learning curve is much longer than your insight or patience,,,,,,,,,
,,,,,,,To whom it concerns,,,,,,
,,,,,,,,,these issues with the company is not rocket science,,,,,simply mathmatics,,,,with a little help from technical analysis,,,,,,,,,one does not have to believe in any fundamental story,,,,,,,,,,,unless one likes to overlay it over technical analysis,,,,,,,, just follow the charts,,,,and take your vig periodically,,,,and forget the nonesense of ego and hubris,,,,
,,,,for those of you who believe it important what the company says and does,,,,,,,,venture capital sits on dead money for 3 to 5 years waiting for 10/1 to 20/1 returns,,,,,,,,,if thats who you are ,,,quit quipping,,,,and wait your time,,,,,,if your young and energetic and impatient like JT and want instant results,,,,,,learn to do your homework before opening mouth and inserting foot,,,,,,,,,,,,,
,,,,,,once again your behind the curve young man,,,,,,,,many on this board communicate with me regularly with IM and or PHONE or EMAIL,,,,,,,,,,,,i do not hide behind user id`s ,,,,,,,,everyone of significance (shareholders with long term positions) and friends and clients,,, on this board knows who i am,,,,,,and most were sent to this board by me,,,,,,,,,in your instance ,,,,respect is an issue and a major problem,,,,,,,you need to learn some ,,,,,,,,,,,,,,,untill then ,,,,,,,DO YOUR HOMEWORK,,,,,
,,,do your homework ,,,,,,,read sarbanes-oxley,,,you have not read it,,,,read all the company filings since reorganization you have not read them,,,,,,,,,read all my posts since the reorganization (you have not read them either,,,,,,,,,,,,,,,,between the 3 you might begin to get it,,,,!!!!!!!!!!!! after that,,,,go live in China for 5 years and do business with them,,,,,,including the chairman of the China Merchant Group,,,,,,,,,other wise go get a new life JT,,,
,,,you do need chill down somewhat,,,,,,,and try not to misinterpret my admonitions ,,,,,,,,i repeat i like your activism,,,,its just uninformed,,,,,,,,,
,,,now for the facts,,,,,i have probably had more comminications with Fan than you have hair on your chest,,,,,,,,,,i have been to shareholder meetings,,,,,,,,,i have sent at my cost lawyers to Hong Kong to monitor shareholder meetings,,,,,,,,,,,,,,,,,you are fine young man,,,,,,,and you are uninformed,,,,,,,,much goes on below the surface with the chinese,,,,,,,,,,you have no experience with them,,,,,,,,and right now you act like a bull in a china shop,,,,,,,,,,,excuse my pun,,,,,,,,,the rest of your insults i will excuse to your youth and zeal,,,,,,,,,,
,,,ah ya,,,,you are spirted this afternoon,,,,,,i knew he would not take your calls,,,,,,,on the other hand JT,,,,,,,there is not a CEO in this country who would either,,,,,so chill down a little,,,,
,,, if you want to run a public company,,,go for it,,,,it is not an easy job,,,,,,,,,,
,,,however till then and in the meantime you might spend the time to even read sarbanes-oxley as you are an uninformed shareholder activist and have not done your homework,,,,,,,,,,,,,i appreciate your activism,,,,,,but it is uninformed,,,,,,,if you want to produce results,,,,you have to have things going for you besides zeal,,,,,,,,,,otherwise you become just another hot pistol that flames out and subsides into the woodwork with the hordes of your predecessors,,,,,,,,,,,,,
,,eddie yu is spin control for hot pistols ,,, and he is just a flak man,,,,,,,so no need to be so upset,,,,,,,,keep up your activism but inform it and stay on your learning curve,,,,and choose resonable goals,,,based on your homework,,,,not your ZEAL
,,,,,,,hogs i have read every post you have written,,,,,i have yet to find one that reflects you know what you talk about,,,,
,,,,if its accurate JT,,,,,this stock is going nowhere till its gone,,,,,,,,and that is the real message of eddie yu,,,,it its to be believed,,,,,,,,,,,,
,,,, now if you get to talk to Fan direct ,,,,which i seriously doubt,,,
,,,my advice would be go back to the well of private placement holders and have each put up another million which would cost average them down,,,,,and put an end to this slow torture of a thousand cuts which would be a smart solution to his agony ,,,,that is a tough sell,,,,however easier than one thinks with people who can afford 6.3 million in the first place,,,,,its sort of like the crap table and buying insurance behind the line of your next roll,,,,,,,,
,,,Fans proxies are currently buying the slow way,,,,,and as such in the meantime he is exhausting any "good will" that might acrue in his favor,,,,,note everyone`s current feelings and views of the situation
,,,,Prince,,,,,,sample of latest company progress is they have penetration into the gigantic hotel industry in China with their upgraded DAP software containing the new security elements,,,,,,,,they have protoypes and beta work going in the Shenzen free trade zone with some 39 hotels in the area,,,,(it is the closest such zone in china to Hong Kong,,,
,,,,,,,for what its worth eddie yu is simply spin control,,,and i would be careful with forming opinions accordingly,,,,,
,,,Prince,,,,,,,,,of course there is news ,,,,of course there is new business,,,,,,almost weekly,,,,,,,,,the news blackout is calculated and deliberate,,,,,,,,,the answer all lies with the "catch 22" issues,,,,,,,,,maybe with a little help from technical difficulties,,,,,,,the only way you can even approach an understanding is too change shoes,,,,,,for real,,,,and think about someone who has given you 6.3 million dollars,,,,real money,,,,,,how much fire on your ass you think you would be feeling about now ?????
,,,,,,hi doug,,,,,,,,there is no question Fan has a "Catch 22" private placeholders at .20 and .40 cents,,,,,you also remember when he did the promo with Alan Stone,,,,he had 13 to 15 press releases over a 6 month period,,,,each was met with heavy selling to squash upward pressure,,,,, I always assumed it was shorts,,,knowing it was quite possible the Dransfield Seller,,,,
,,,my point is Fan dismissed Alan Stone and shut down press releases,,,,,,,,,why ???
,,,the truth is somewhere in that catch 22,,,,,,,
,,,he has had discussions with Westminister,,,,,and no doubt as described the horns of his dilema to them,,,,,,,,,,,,,,,what advice he received is anyones guess for now,,,,let alone if he took it,,,,
,,,,,,nevertheless westminister is more than savvy at these games of MM`s and shorts and the special issues of reorganizations,,,,,,,,,so Fan is not uninformed,,,,,,,,,
,,,now you all go figure from there,,,,,,,,,,,my own guess is there is NOT 20 million shares to go,,,,i think eddie misspoke or jt misunderstood,,,,,,,,i think the figure could be more like 2 million,,,,,as the maximum free float can only be 52 million and change,,,,,,and beleive me that amount has already turned over since last summer,,,,,,,,i gave the link in another post how many have turned over since the first of the year,,,,,
,,,another possibility : Fan has never done his paperwork right since the beginning ( he blames lawyers ) and their is some truth to that,,,,but he complicates the issue with some parts of his profit centers owned by Dichain Asia,,,,,that has to be nightmare accounting regardless of sarbanes-oxley and the auditors are in dispute over how to handle it ( technical difficulties ) that is easy to believe and a real possibility,,,,,my sources (deep throat) has ruled out all other possibilities,,,,,,,,,,,,,
,,,,i would have thought you had enough clues to figure that out by now prince,,,,,,,if the company says there is 20 million shares to go (according to eddie yu) ,,,,,,,,Fan wants them cheap !!!!! and any CEO in their right mind would do the same,,,,,you do not pull the trigger on share price with that many shares to bomb you every day !!!!!!!!!!!
,,,Nor do you feed the share price with news !!!!!!!!! you also shake out what weak hands you can,,,,,,,
,,,regardless of how many times its written ,,,some people just ignore,,,the chinese dance to a different time frame ,,,,,,and this company certainly will not dance to the daytraders time frames,,,,,,he has the shareholder list,,,,he knows who his large shareholders and who holds token amounts,,,,,,,,you guess who he is is going to please first,,,,,,
,,,,i totally agree with alan ( for a change hehe ) this stock can trade just fine on otc.bb when the selling stops and quarterlies are posted regularly,,,,,the issue of earnings i believe is a non issue,,,,as Fan can put as much earnings as he wants into CTGLF out of his holding company and from China Merchant Group,,,,,,,my preference is he goes back to nasdaq,,,and forgets AMEX,,,,,,i hope to convince him of that tactic when he comes here for his roadshow,,,,,getting the stock to 4 bucks not that big of deal with help from a strategic partner,,,which he is looking for and may have found already,,,,will see,,,,,,,,,westminister waits for financials just like we do,,,,,,
,,,,i agree Doug ,,,some of the ideas are a little over the top,,,,replacing Fan for example,,,,,,,,,First of all he is the "Golden Boy of the Mother Ship,,,,( he may have egg foo all over his Face for now ) but trying to undercut him to a Cadre of higher standing will not go anywhere !!!!!,,,,
,,,, effective shareholder activism requires well thought out tactics with reasonable goals,,,,,
,,,, as for Fan allowing eddie yu to passify shareholders,,,,under the stress they have been in their world ( their real stress is coming from their own crowd of private placement holders),,,,,,,,,its no big deal for them to pacify the (foreign running dogs),,,,,,,,,
,,,,,,,i agree Prince,,,, considering that their current council are Park Avenue lawyers " LOEB & LOEB " who specialize in AMEX listings,,,it defies my common sense,,,,,,, another interesting comment is the company now states there are 20 million shares "to soak up",,,it has always been my theory that they have known how many and allowed the stock to languish at these prices while the seller dumps,,,and by that admission (if its true) shoot down the naked short theory,,,,,, if one is to believe
,,,,,the motives behind this new communication link ( JT ) defies my common sense also my interpretation of Regulation FD,,,,,all very interesting,,,,,at worse it is better than a total news blackout,,,at best it shows the chinese shareholder activism
,,,,that is correct alan,,,,,,,the issue is the movement from sellers/or shorts or weak hands to strong hands,,,,,ie: ( company proxies ) ,,,,,there has been no registration of restricted stock (144 ) therefore the maximum free trading shares possible is 52 million and change,,,,,,,,(the total outstanding shares of DFCT) during reorganization,,,,,,,,,,,the amount of stock in weak or strong hands is not relevant at these prices,,,,,,99 percent of the players on this board will sell their stock by the time it hits .50 cents,,,,,,and run like hell,,,,,,,,,,,the issue of the float is only important after the stock moves beyond a buck or so,,,,,then issues undisscussed here take focus and the amounts of money to move the share price to 3 dollars becomes paramount,,,,,,
,,,,here are some volume numbers to massage,,,,just this year to date,,,,,according to Fan and his disclosures as stated above ,,,15 percent public float,,,,,35 million on the lean side,,,,and probably more realistic 50 million on the fat side,,,,as all the shares of the shell company became free trading after the reorgainzation,,,,,who hands are the in now ? well you guys toss around definitions of accumulation and distribution,,,,,,,the fact is from the time the chakin money flow turned green,,,,some one has been buying everything possible at the bid,,,,,now i wonder who that could be !!! nevertheless if the annonymous buyer had not been buying,, the stock would be a penny now ,,,, and no uptrend in accumulation,,,and pure red ink in chaiken money flow indicator
https://www.otcbb.com/asp/tradeact_mv.asp?Issue=ctglf&SortBy=volume&SearchBy=issue&Month=6-1-2005&MultRow=True&PageCount=1&NEW_PAGE=1&x=10&y=12
no matter all the issues we have with the current leadership,,,,,,,,,the chinese understand the only way to get on AMEX is to exhaust the float,,,,,,(there will not be a reverse split,,,,i repeat there will not be a reverse split,, the private placement holders who put up the original capital of 6.3 million dollars, will not stand for the reverse split,,,,,)
,,,,,,Ditto,,,,,,,,,you get my vote,,,,,,,,,
,,,,,,,UPDATE,,,,,,,ok guys if you are bored,,,,,,and want to add on all the mystery and intrique of a "Robert Ludlam" suspence novel,,,,,do a little research on Trireme Corporation in New York,,,,,,,,it will blow your minds,,,,,,,,,,,,
,,,,Fan met with their executives yesterday to discuss bilateral cooperations,,,,,,,,,,The names that surface around Trireme you wont believe unless you read for yourself,,,,,,,,,,
,,,,Just type in Trireme Corp, in New York,,,(Google),,,,and start reading the various articles on the players surrounding this company
,,,,,,,one thing is getting clearer,,,,,,the AXE has not been pounding the bid for almost a week now
,,,,,,,,god forbid they disappear forever prince,,,,,,btw,,,naked shorts do not cover thats their game,,,,,,,,