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I spoke with the lawyers for GCHC yesterday. Asked them if they had received any complaints from the SEC. I mentioned that a number of investors had filed complaints. The response was " We cannot comment on anything regarding GCHC since they are our clients".
I also sent the CEO in England over 20 postings by various people from different boards. Hoping to get them to respond to investor's inquiries.
A very interesting article on the China regulation situation.
http://asia.internet.com/2000/10/1003-COL.html
The post # on RB under MVEE is 251471 not 25147.
If anyone who wants to learn a bit more about investing in stocks under a dollar. Please read post # 25147 in Raging Bull under the symbol MVEE.
This persons point on how MM's manipulate the share price on the NASDAQ is right on the mark. I have seen the bid price drop just before a stock takes off in many instances. Let us see if this will be the case with GCHC.
I just received an e-mail from John Allen thanking me for my input. He once again stated that he very much wants to hear from ALL investors regarding ANY aspect of this company. He also asked for postings by you investors that may help this company and let the management team in UK/China know our feelings. He made it a point to also critisize his conduct.
TIA-Chief.
John Allen told me last night that investors should send him your e-mails and he will direct them to CEO-Gary Robinson. GCHC's e-mail address in NYC is springny@pipeline.com . Be as critical and civil as an adult investor would address specifics. Thanks.
Suggestion to all investors:
When sending your e-mails, it behoves you to state your position, the name under which you own shares and the length of time you have been a shareholder. I also suggest you save the e-mail you send to John Allen. Wait one week and then send the same one to the CEO and Ian Hatchell. Please post any responses so we all can share.
Now that the air is clear I urge all you investors in this company to e-mail John Allen. Address is springny@pipeline.com. He wants any and all criticisms or compliments(I think that area will be very limited) regarding the running of this company. Lack of news, SEC filings way over due, why no announcement of Unigel closing in UK, why no news on CFO leaving, why no annual investors meetings, why no postings on one of these boards by an officer so we can get the skinny on what is fact/hearsay or pure fiction. All your e-mails WILL be fowarded to the CEO in the UK. Thanks again.
Matt: Sorry you have to endure this guys wrath-you handle it like a person older than 18 yrs. You have just begun to read his challenges-he/she will start tip-toeing just like an adolescent. His agenda has been stated so many times that only he/she and his clone skeptic post anymore on RB or quicken. Even though he/she has some valid points-we've endured them for months and now come here for a little sobriety.
Matt: You made very accute observations regarding this annoying poster. He will not change and is a pest. His coyish insults are just tempting me to delete. He thinks he is a little too sharp and is now testing you. If you fall for this cute pain in the butt then I'm gone and so are all forty some followers. We don't need a challenge to every FACT that I post. I get my info directly from the management-if they are liars-so be it. They will spend a few months in front of the SEC and courts.
Chief has removed the posts of , guess who?, because he has his little playground over on quicken and ragingbull. If you enjoy his coy, sarcastic and vulgar postings then you know where to read them. I know he/she/it will contact Matt regarding this matter but Mr. Brown can just click on the sites formentioned and read all the comedies.
Darrell: If you would like a picture of the Unigel plant-send me your fax to the Yahoo address you often e-mail my friend.
Bear_skin: If Darrell is related to you-you may also view these photos. If not, you will have to trust what he posts.
Toomoo: You, my friend, have been snookered by these two insensitive persons. It is still not too late to redeem your investment lose-but that must be your decision. I cannot recommend anyone buying a risky stock like this one.
Brent: I willl send you a copy of the plant, unless you have already viewed it while at the NY office.
Osborne: I don't have a clue how to get to you but let me confirm that GCHC owns 60% of Unigel.
I would still advise all who care about your investment to contact the addresses I supplied. They are legit and maybe you can get a response.
The Chief has spoken. Now back to the task of censor. :o)
To all investors in Greater China Corp.
I received an e-mail today which had the e-mail addresses of both the CEO-Gary Robinson and Manager of Unigel-Ian Hetchell. I was asked to write to both these gentleman regarding their responsibilities as the heads of a publicly traded stock.
We have not received any news nor 10Q/10K filings in over a year. This is contrary to the SEC guidelines and totally out of SOP. We as shareholders need to awaken these persons in the UK and China what their responsibilities are if they intend exist as a public entity.
Please use a little care in your e-mails and site factual regs. etc dealing with our legal rights as shareholders. Apparently these men don't really understand their obligations. I also was told that the VP- Richard George- has his own agenda. He apparently thinks that his only obligation is to his personal fortune and not ours. I can get no confirmation, due to tight lips, that a deal involving Unigel may be consumated in the near future. Word is that this Richard George has a greed factor which will endanger our (us investors) future. Please stress in your e-mails that their/his obligations are first to the shareholders. If they don't agree with this scenerio, then they should have remained a private corp.
CEO- garyrobins@excite.com
Ian- ianhatchell@excite.com
I urge everyone who reads this-whether an investor or not to get the message across to these people. We need updates, we need SEC filings, we will take them to court if anyone of them deviates from their obligations to us investors. I think it only fair after years of promises that we do have rights and they DO have responsibilities.
Thank you all- Chief.
Pure hearsay, nothing more.
The last official press release was dated 26Apr99. In case some investors don't recall the exact wording. It can be found on SI under GCHC dated 26April99 reply #248. To my knowledge, all other news is hearsay.
Senate passes China trade bill. Vote 83 to 15. This gives the green light to many companies trying to enter the China market. It reduces many of the negatives about which the ventured capitalists were worried. Now a little news from this company and we should finally get some upward share price.
The postings on raging bull were at a peak yesterday as a lot of mo-mo players started chatting. They will soon be crying for press releases to keep the share price moving skyward. Lessons will be learned from this quick buck metality.
Running a business takes so much effort and in the case of quadrax 3 major hurdles. Loan dispute with Congress, lease dispute and a bad track record for the quadrax name.
SEC filings don't come cheap,. Revenues are just starting to pick up after the standard 2 quarter slow period. Once the NOL-1 year period of restriction is concluded, this company has a very good chance of survival. After that time period the outlook looks good regarding a merger with the Coleman group. Till then it won't be a smooth period.
I have a suggestion that may get you a response. Call your broker, have that person leave your name, number and amount of shares. Have your broker ask the questions that you are asking me. I would hope this company does not want to lose it's investor base.
It may be very possible that if a sale takes place. The original owners of ITG/Unigel may take their fair share and leave the GCHC company in John Allen's hands. You might want to have your broker give that question a try. I don't think the COB has that much power, more like an overseer of things.
Can you post proof of the greaterchinacorp.com domain name being lost or expired. My search shows it is still active but not responding to retrieval.
You are posting very reasonable questions but I am not privy to most of your questions regarding the future of this company. I don't think the management team has decided either.
The answer to your basic question is valid-What will GCHC be after the sale of Unigel?-I have no idea. Try talking with the manager of Unigel-Ian Hetchell and he may give you some answers. I don't know his number so digging or calling NYC is only resort. If you could post here any substantiated facts-please inform us all.
Keep an eye on QDXC. Dropped the "E" testerday and volume has been very high last few days. Merger rumors. 10Q's and 10K just released-best to read thru and make your own judgement.
Keep an eye on QDXC. Dropped the "E" testerday and volume has been very high last few days. Merger rumors. 10Q's and 10K just released-best to read thru and make your own judgement.
QDXC- High volume last few days. Yesterday the "E" was dropped. New CEO seems very sharp when I spoke with him-name Tom Desmond. Merger rumors. Two possible weaknesses are bank loan suit and leasee problems. Just keep an eye on this one.
I'll try my best to answer your questions;
I'm not sure what staff means but John Allen is only person in NYC office. He has advisors that help this company when the need arrises. They are Moerly Cho-director of Orient Overseas Holdings Ltd. , Walter Culver, Harry Edelson and his group, Elizabeth Wang-President of Silkwood Inc-the voice you hear on phone message machine in NYC office and Lynne Verchere-expert in Info Tech Manag. Systems. Then there is people that came from former ITG group. They are Gary Robinson, Richard George, Ian Hetchell, Simon Coates Mukhtiar Sing-Sohal, Martyn Booker and Sark Consultants Ltd.
Largest customer is Shenzhen Jialing Comm Equip Co., Shenzhen TEFA Industry Co.Ltd and the Shenzhen Special Economic Zone Developement Co. Ltd.The last Owns 200 smaller companies with over $1 billion in assets.
Currently the company manufacture fiber optic gel and various instruments to employ this thiotropis material. It is the protection cover for the glass fibers within the cable. Unigel is in partnership with this company. The plant in the United Kingdom closed because of lack of financing and high labor/material costs. Due to lack of financing and the need to focus on the most profitable aspect of the fiber optic businee. Gary Robinson basically ceased operations of Arnhem.
I know two of the priorites that will be implemented on condition of sale of Unigel. Reduce the outstanding shares by at least 30% and to file current SEC papers. Of course the lawyers, auditors, management and other creditors will come first.
You know know as much as I about this company. Any other questions should be directed to NY office. The past SEC filings give more information but I have already studied them and they are a bit outdated.
Would enjoy reading about any other facts pertinent to this company or it's management team.
Welcome aboard Darrell. If you make contact with John or the other directors feel free to post here. We can all use more information. I spoke with John last week and he sees some news coming forth next month but we know how story can change dealing with China.
Ditto FM:
It has been a long time. This company will finally become active early next month. Many of these China related stocks have retreated to the more sensible levels. Many are reducing staffs and some are just barely hanging on.
Management here is betting on a share price much higher than last Aprils move to the low $3 range. A lot will depend on their plans after the sale of Unigel. Peace.