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Come on MM, be a man and come forward--tell us something, just tell us that the delivery vans are constantly busy delivering merchandise!! Tell us about the subway extension that is being built (or has been completed) where the original company office was located. Tell us about the second location that you visited to talk to Wang. Tell us about his wife Gong. Tell us about his family structure. Tell us about the employees that you saw and the atmosphere and their behavior. Tell us about booming Kunming and everything else that you saw that is relevant. Tell us if your lips have been with glued or stitched with thread?
Come forward and stop being afraid...............make believe you are reporting you story on a newspaper in Arizona--here are the Arizona newspapers that you can quote:
http://www.onlinenewspapers.com/usstate/usarizon.htm
I know it's late but I thought I would bring something that I noticed to your attention:
Moderators: bar1080, lanob
Well lanob, open up and tell us what made you jump into the bandwagon of leadership and help the cause of this company--you realize that as soon as the financials are issued this board will have at least 50 postings per day and you are going to be busy looking at each post just in case someone uses some four letter words or says something vulgar directed at a board member--good luck to you!!
Oh dmg, I forgot to mention something that is very important to all of us posters and shareholders from this board. In one of Doug's emails sometime ago he mentioned that he was holding a sizeable amount of shares and that he was also facing the same issues that we face in having held shares for such a long period of time--but he has been with the company since the beginning and I am sure he will do all he can do to protect his investment.
Of course, we must remember that in his case a sizeable amount is almost PETTY CASH COMPARED TO THE SHARES THAT MANY POSTERS HOLD!! We know that he cannot hold more that 1.5 million shares because otherwise he would have been required to file an insider SEC form if he held 5% or more in stock. So, he is really at a lower level compared to some of you guys....LOL<<<<<< However, because he is still involved with the company he has a definite reason to protect his interest and make sure that the price per share will go up so that all of us can recoup our losses and make big profits (except for me).
Now, this logical explanation should convince those who are in doubt that selling this stock short is A BIG MISTAKE. Good luck to all those who can use their brains correctly.
Well dmg, I really don't want all these shorters to be burned when the day of reckoning comes!!!!!! Therefore, there has to be someone on this board who has to care for their welfare!!
Let me tell you why this stock cannot fail. Wang and his wife have been in the pharma business since they started on their first job working in a pharmacy. They have been in this business for more than 20 years and they know how to run it--all they need now is some inflow of new money. They also realize that FINALLY their "reversal of fortune" is just around the corner. The moment they met the Marcum people they knew that things were going to change for the better--THEY ARE ECSTATIC but they cannot let anyone know that they feel soooo good!!!
Therefore, I wish that the shorters had access to this board and read My postings to realize what a blunder they are making on a day like this to sell short hoping that they can make a penny or two if this stock goes down to 6 or 5 cents...COME ON GUYS, WAKE UP...................
I have a feeling that the professional shorters either do not read this board or that they simply follow a basic standard of being penny pinchers and hope for the best. Well, let them have their fun if that is what they are doing today!!! For every share that they are shorting there is a well informed member of this board who is accumulating shares...I definitely know of 3 people who have exceeded the one million shares accumulation and that is good news!!! And I am not even counting any of the original unit buyers, or any of Wang's Chinese friends who live in Kunming and know more than we do!!!
At the present price there are plenty of intelligent and well informed people who know that the pushers (the shorters) have no idea about the internal activities of this company and really believe that this is jut another Chinese stock that is going to fold like all the others that came a few years ago--sorry guys, you picked the wrong stock!!!!This is no rotten apple.... LOL>>>>>>>>>>>>>>>>>
I am giving the signal to all the shorters who hold positions in this stock--it's time for all of you to cover your losses by buying back the shares sold, make your penny profit or break even and move on to another stock...GREAT NEWS ABOUT THIS COMPANY IS COMING OUT SOON!!!
As to those who are buying long, I don't have to tell you anything about this stock that you don't know--Marcum is the game changer!!!
P.S. The market opened and someone must have taken my advise to buy shares a 7 cents to cover the short position...LOL>>>>>>
I forgot to mention that the shorters can use a day like today to cover their positions and still make 1 to 2 cents per share. Look what is happening someone is buying shares at the bid price--it's either a poster from this board or a shorter who is covering his position and MAKING A PENNY PROFIT.....YEH, YEH, YEH....
A boring trading day for shorters today!!!!!!!
It's reasonable to assume that they have set a price for this stock that allows them to make a steady profit at this time. I believe that every time that this stock rises to around 8.5 to 9.5 cents the shorters come out and sell non-existing shares with the intention of buying them back at 6.5 to 7.5 cents and make one or two pennies in profit!
I guess today, it's just a boring day and shorters have no intention of selling at the present price because they know that there is no money to be made under present circumstances--that means we are safe from further declines...LOL>>>>>>>>>>>>>>>>>>.
Last
0.079
Volume
101,156
It seems that no matter who is selling these shares there is someone ready to load up on shares right now!! Who is the smarter of the two--the seller or the buyer???? We will not know the answer until the filings takes place!!!
Last
0.070
Volume
172,156
Bid
0.0761
Ask
0.0799
Looks like again I have nothing better to do other than look at this stock and make some comments about things that are beyond my control...even I know that nothing relevant is going to happen until all those financials have been filed with the SEC, and because we have no idea when that is going to happen we are just postulating about future events that we know nothing about.
Maybe that "Mark" who knows so much more than we do about what is happening might make a reappearance on this board an open up, and show that he has some bxlls instead of keeping secrets to himself--I am sure he never signed any disclosure agreement document.
Hey novice, I just thought of something--why don't you send an email to Mr. Bernstein of Marcum and simply suggest that it would be a good idea for First China to at least issue a basic press release to inform all shareholders that Marcum is working on all financials and it is anticipated that a filing should take place on or about ?????? (date). You might even suggest that a generic Press Release be issued to provide basic reassurance to shareholders that First China is still going strong and that it is working also on updating communication methods with shareholders by improving its website! I am sure that if they spend 2 thousand dollars for a generic press release that will not kill hem!!!
One thing to remember on a day like this--shorters also know when to take a penny-per-share profit, take a loss if necessary and move on to something else; whoever is buying today could be the shorters covering their one penny profit and moving on to something else.
Someone is realizing that this is not the right stock to short, and my advise to the shorters is simply to cover your position now, buy back the stock now and move on to something like Facebook, Google, and similar stocks that might take a real beating soon if political event cause some financial disruption in Europe...
Looks like I was wrong in figuring out what is happening today, therefore I scrapped the previous remarks (which probably no one read yet)and am now trying to figure out why some people paid over 9 cents to buy shares today and someone got some shares at 7.59 cents...that's life!
Hey novice, are you trying to ruin the day for the shorters??? They were expecting you to panic and sell your shares in the 7+ cents range! You are depriving them of making a two pennies profit...LOL>>>>>>>>>>>>>>>>>>>>>>>
If you open the link below you will notice immediately that ABOUT 50% OF SHARES SOLD ON A DAILY BASIS ARE "SHORT SALES, BORROWED SHARES" AND THAT TELLS YOU THAT NOBODY WHO IS A REAL OWNER OF COMPANY SHARES IS REALLY SELLING HIS SHARES AT THIS TIME!!! IF IT WASN'T FOR THE SHORTERS, THERE WOULD NOT BE ENOUGH SHARES AVAILABLE FOR SALE AND THEREFORE THE pps WOULD HAVE TO GO HIGHER IMMEDIATELY TO SATISFY THE DEMANDS OF BUYERS. TRICKY PEOPLE THESE SHORTERS...
http://otcshortreport.com/index.php?index=fcpg&action=view#.Uz6wmEDD-M-
One more thing, those people who sold the 50+ shares short yesterday at 9 cents have an easy way to scare buyers to sell those shares at a loss! They open the market today with 1200 shares at 7.8 cents hoping that more people panic, sell at that price and allow the shorters to cover their sales from yesterday for a profit...LOL...
LOOKS LIKE TODAY THERE IS A FIGHT GOING BETWEEN THE YING AND THE YANG!!!!!
Some people are trying to bring the stock down and someone wants to buy shares at over 9 cents!!!!!!!!I cannot blame the 9+ cents buyer from trying to load up now before the news is released...LOL....we all know what the good news is all about, yes you are all right, it has to do with Wang's extreme satisfaction of the work that has been done by the Marcum people!!! He can't wait to use those financials to approach banks, private lenders, financial investment groups, etc to get the big loans that he wants right now to expand this company with the assistance of the Anhui distributor. A new fleet of delivery vans is also on the agenda and an expansion of Gong's distribution center could also be included--of course none of this information comes from any inside sources but for those who can strategize and plan future actions this agenda should be seriously considered.
Come on, which one of you paid 10 cents for over 50 thousand shares??? Come on Mark, come out again in the open and have some fun...another 10 thousand shares, heh, that is real coooolllll, you might have to file a form very soon to disclose more than 5% ownership......
Looks like the shorters might have to cover their positions very soon..................
Earlier I posted this link to point out how the Chinese built this skyscraper in Kunming in one month.
I wonder if my friend M reads any of my posts???????????????
He could at least come out of his shell and discuss the new extension of the subway line where the old building used to be--nothing wrong with doing that since everyone already knows about the move, from Brad down the line...
And there is no harm in saying that in Kunming they serve Corona beer--that beer is sold all over the world!
Only one secret has not yet been divulged--we all know that Wang and Gong got married about 20 years ago when the "one child " policy was strictly enforced--yes we don't know if they have one child who is about 20 years old and probably works with them, and we don't know if he is man or woman??? Probably still studying to get a medical degree so that he/she can join the company soon with some official title and big responsibility...sounds real good for all of us--one more Wang to guide this ship.
hey oltmer, here is something different to show what the Chinese can do with the technology that they grab from the left and the right...yes they can work at night if necessary...
115000 shares bid at 7......who else would it be, other than someone who read my last posting...LOL......not that it matters much when this stock goes at 13, or 21, or 34 cents...and more.
Whoever is trying to accumulate more shares of this stock--STOP ACTING SCARED AND BUY ALL YOU CAN GET...where are you Mark, it's time to come out in the open again and join the conversation...a dull life full of secrets is not good...tell us about the new subway line being built in Kunming...oh yes, don't forget to mention the imported beer sold at restaurants..........and don't forget the vans......
The first quarter for FY 2014 has officially ended............
First China and the people at Marcum are celebrating that soon even this quarter numbers will be churned into the computer and will bring this company on the path of efficient reporting and filing!!
One thing that I believe that is taking place is that Wang and Gong are very busy trying to work hard with the Marcum people to get the right advise on how to move their business forward by providing financial institutions and other lenders with the paperwork needed to show that First China is moving in the right direction!
ANY RECOMMENDATION MADE BY MARCUM ON A PIECE OF PAPER THAT THEY ISSUE FROM THEIR OFFICES IS VERY VALUABLE WHEN PRESENTED TO ANY CHINESE LENDER. MARCUM HAS RECENTLY MOVED TO A VERY HIGH LEVEL OF INFLUENCE IN CHINESE ACCOUNTING/AUDITING PRATCICES AND I AM SURE EVERY DOCUMENT THAT THEY ISSUE IS RECEIVED WITH CONFIDENCE BY ANY FINANCIAL INSTITUTION OR PRIVATE LENDER.
I still do not understand why these local shorters are continuing to play their silly game on a regular basis when actually even they should be loading up on this stock!!! Of course, we all know that none of them reads this board and therefore they have no idea about this company's great REVERSAL OF FORTUNE that is taking place at this very moment.
Over 50,000 shares traded during the first 1 and 1/2 hour--well I think everyone on this board who is a regular knows what to do to defeat the shorters--BUY MORE OF THEIR SHARES OF THIS STOCK AT THESE BARGAIN PRICES!!!!!!!!lol>>>>>>>>>>>>>>>>>>>>>>>>>>TALK TO YOU LATER...
HERE IS AN INTERVIEW THAT TOOK PLACE IN 2011--I CAN ONLY TELL YOU THAT IF FIRST CHINA HAD HIRED MARCUM IN 2011 OR 2012 THIS STOCK WOULD HAVE SOARED INTO THE DOLLARS RANGE...IT WLL SOAR AGAIN AS SOON AS THE MARCUM PEOPLE HAVE FINISHED THEIR WORK...LUCKY THOSE WHO HAVE ACCUMULATED ENOUGH SHARES AT THESE PRICES...WOW...
http://stock.jrj.com.cn/2011/03/1007209430372.shtml
HERE BELOW IS THE TRANSLATED VERSION OF THE ABOVE WEBSITE
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fstock.jrj.com.cn%2F2011%2F03%2F1007209430372.shtml
http://www.marcumbp.com/news-2011-3-17
Offices
Beijing
Oriental Plaza Rm. 610, Tower E1
No. 1 East Chang An Avenue
Dong Cheng District
Beijing, China 100738
Hangzhou
New City Plaza
10F, Buliding A
No.77 Qiutao North Road
Hangzhou, China 310000
Shanghai
Jing An Kerry Centre, Suite 1006
1515 West Nanjing Road
Shanghai, China 200040
Guangzhou
CITIC Plaza, Suite 2111
233 Tian He Road North
Guangzhou, China 510620
novice and redsky, don't get too exited about cjjd and its quoted price!!!
You seem to have overlooked one important factor that if considered will bring the PPS down a reasonable level. CJJD has 14.3 million shares outstanding as compared to First China with 59.66 million. When you use the shares comparison you will notice that CJJD stock is really trading at around 55 cents per shares compared to the 7 cents per share of First China. Based on this comparison, you are right in anticipating that if First China is bigger and better equipped to move forward, IT IS ALMOT A SURE THING THAT WHEN THE FINANCIALS ARE RELEASED FIRST CHINA CAN ACHIEVE A 55 CENTS LEVEL WITHOUT A BLINK!!!
For those who are buying FCPG at the present price of 7-9 cents this is and will be the best investment of their life when the 55 cents is reached. For those who are holding shares bought at much higher prices it will take a much longer time before they recover their original investment!!
THE OBVIOUS THING TO DO IS TO TELL EVERYONE OF YOUR FRIENDS ABOUT FIRST CHINA STOCK AND WHAT A CHANCE OF A LIFETIME THEY HAVE OF MAKING A BIG PROFIT IF THEY BUY NOW......EVEN I WOULD BE BUYING SHARES BY THE HUNDREDS OF THOUSANDS RIGHT NOW IF ONLY I HAD MONEY TO DO SO. SOME OF US HAVE TO SUFFER SO THAT OTHERS CAN REAP THE GOOD FORTUNE BESTOWED ON THEM!!
Looks like we simply have to wait patiently and hope for miraculous news to be released EVENTUALLY, one of these days.....!
I wonder if the actions we take are really predestined for a purpose that we do not really understand, but it serves to make us better individuals.
If 3 years ago I had never received in the mail the 10 pages pump material about First China, and I had never bought this stock, I believe that the money that I invested in this stock would have found a real winning company or companies that would have given me a return of at least 50% profit per year for 3 years and right now I would be feeling more financially secure and not have to worry about money, bills, expenses and similar necessities!!
Life is made of extremes, and the present extremes are the changes that have taken place in the way how some people in their twenties are becoming millionaires and billionaires and will be able to continue the lifestyle that money brings for a very long period which could last until they are in their 80s or 90s. The Facebook guy will probably never have to worry about death because if medical science moves at a fast pace he will probably be guaranteed to reach 100 or even more...I wonder how many billions he will have when he reaches tat age!!!!!!! Actually I should say TRILLIONS.....
hey novice, I can tell you that Wang has finally found a group of people with whom he can have a telephone conversation without having to pay long distance charges!!!!!!!!! Anytime, he has some questions concerning accounting issues, he simply picks up the phone and talks to his contact in the nearest office of Marcum/Bernstein! What a pleasure must be for Wang to know that he longer has to face those faceless people from Rottenberg who gave him such a hard time during the processing of the 2012 annual report.
And along these lines, as I have stated before, I am sure that Wang has received additional feedback from the Marcum people on issues relating to proper use and preservation of assets, advice on issues of obtaining new financing, and other relevant discussions that are intended to keep First China liquid and ready to expand. I am also certain that Bernstein himself might have found the time to meet with Wang personally to welcome him into the Marcum circle (as part of new client welcome) and to provide him with his own personal advise as to the course of actions that First China should take. Nothing better than a westerner like Bernstein(or Doug) talking to Wang in Chinese and providing useful advise!!!!
On another note, "it was the best of time, it was the worst of time", this is exactly what right now is happening to this stock but those who are smart know what they should be doing right now............just read between the lines what has been stated above.
FYI
Yesterday was made up of 190,004 traded shares of which 70,314 were SHORT SALES.....
Today we achieved trading of 215,550 shares; you have to wait until tomorrow to find out what the shorters did today!!!!!!!
The more shorted shares we have the better for us when the day of reckoning comes!!!!
hey red, looks like with minutes before stock opening we have bid at 8.5 and ask at 9................someone from tis board is very anxious to load up...LOL......actually whoever that was just bought the first 700 shares at 8.5...very smart move before the Marcum people put the final touch on the financials and send the paperwork to Mark Lee for release through the Edgar system!
It seems that the MMs had their own agenda today and immediately reduced the bid/ask to accommodate the shorters who are hoping to cover up their recent sales (over 500,000 shares shorted) by buying back this stock at bargain prices..........
Hey novice, today you must have a day off from work!!!
You are coming up alive and full of excitement that will probably make some of those shorters cover their position right now with a loss rather than wait until news comes out at which time they will be ready to jump off a building...LOL>>>>>>>>>>>>>>>>>>>>>>>>
Remember that the longer we wait the better off we are, particularly for those holders who are still accumulating. Over 30 people who are long on his stock and who are savvy enough to read what is written between the lines on this board...
Remember what I said about the subway extension, the move to a another building, Bernstein's statements about the Marcum Chinese office staff, and many other things that point in one direction...UP, UP, AND UP!
So red and oltimer, here is how I see it!
1. Each report that is filed carries information that has previously been provided on a previous 10Q. We have no idea if the 2012 10K be required to explain some minor change that is necessary to explain some correction that needs to be made to any of the 3 quarterly for 2012 that were filed by Rottenberg. If that issue is resolved without any need to change any data from the 3 quarters for 2012 then things will proceed smoothly.
2. What I have mentioned above is important because when the quarterly statements for 2013 are filed, they will also reflect on a comparative basis the information for each item that was already provided in the 3 quarters of 2012 filed by Rottenberg. If no changes need to be made to the original filings then everything will move at a fast pace.
I remember reading sometime ago somewhere that Wang was not happy because Rottenberg was refusing to make certain adjustments that Wang and Doug felt were relevant and acceptable and evidently some disagreement creating the final breakup that led to Rottenberg final departure in a bad way!
So, to make things easily understandable the timing of the present filing will depend on the kind of residual problems that Rottenberg left behind.
Any delay in filing I consider a great opportunity for people who want to add shares to do so at these cheap prices!!!
Another good day for this stock!!!!!!!!!!!!!!!!!
I guess the shorters ran out of bright ideas or probably funds to advance in order to sell shares that they do not own!!!!
When the day comes and this stock goes up immediately to a at least 15 cents at opening bell, that day the shorters will be running trying to cover the more than half a million shares that they have borrowed!!!
Remember that neither Wang nor the Marcum auditors care about the time issue as long as they know that the SEC is not on their back and that that they have not been notified to explain any issue concerning delay in filing. The SEC has probably been informed somehow about the new auditors and accordingly time for filing is not an issue. WHAT IS IMPORTANT TO EVERYONE IS THAT WHEN THE FILINGS ARE MADE THE FINANCIALS ARE CORRECT AND NO REFILING WILL BE NEEDED.
The end of April is the closest date that I can think of before we see any filings!!!! That gives the shorters plenty of time to play around and make a few dollars in profit if they can convince some uninformed shareholders to sell their shares below the present trading price.
As to those who are using this moment to add more shares of First China to their portfolio, this is really a great time to pick this stock at bargain prices.
This information from Marcum website should provide assurance to the shorters that soon they will have to cover their short positions--better sooner than later...LOL>>>>>
Highly Skilled Staff
With a staff of expert professionals, Marcum Bernstein & Pinchuk provides sophisticated accounting and consulting services in a personalized relationship with each client. All of the Marcum Bernstein & Pinchuk executive staff members are Certified Public Accountants with extensive experience, ensuring our clients exceptional service.
International Expertise
Marcum Bernstein & Pinchuk is adept at providing accounting and consulting services to both domestic and international clients. We represent many public and private companies in various industries throughout Asia. Our international expertise has been a major success factor in working in diverse cultural environments.
In the past several years, Marcum Bernstein & Pinchuk’s international business has been increasingly focused on the Chinese market, serving companies that are publicly traded or in the process of becoming publicly traded on U.S.-regulated stock exchanges. Our team includes more than 75 highly experienced accounting professionals based in China. All these employees are bilingual and most have graduated from top universities and have prior experience with Big Four accounting firms.
Marcum Bernstein & Pinchuk provides an unmatched expertise in many financial reporting requirements associated with the U.S. and international capital markets, bringing critical insight into Chinese culture and business practices. This combination of knowledge and insight allows us to serve our clients efficiently and effectively in all areas of audit and assurance; accounting and consulting; tax and transaction advisory services.
WHAT A DAY TODAY:
29,400 SHARES TRADED OF WHICH...
21,000 WERE SHORT SALES...(THAT IS 71.43% OF SHARES TRADED TODAY)
WHICH PROVES ONE THING...WHOEVER IS DOING THE SHORTING IS NOT FOLLOWING MY ADVICE...!!!!!
Well, it's once again that time for me to come to the rescue.....
I cannot blame every day the shorters for the way this stock behaves--they also have to make a living by making a few hundred dollars profit every day to pay the usual expenses for attending sports events, night parties in New York or even Chicago, etc...
We all reach a point when we just feel that changing from one stock to another might be the best way to make some money, particularly when we receive an email from professional pumpers who promise to double our money by buying the next stock that they recommend! Sometimes it works, sometimes it fails...I have been thinking on occasions about selling all my FCPG on a particular day, buy one of those pumped stocks that doubles, sell the pumped stock after doubling my money, and use the money to buy back DOUBLE THE NUMBER OF SHARES FROM WHAT I HAD BEFORE of First China!!!
All I need is a little help from someone on this board who can direct me right now to the next big 100% banger that can double my money so that I can do what I have described.
It seems that every day of trading for this stock has become a routine whereby the short sellers have the upper hand. There was a time when hardly any short sales took place, but now it's a daily occurrence!
During the past 30 days about 500,000 shares have been shorted and that seems out of whack for a stock that is basically owned by shareholders who are long term holders of this stock. Of course, the shorters are trying to instill fear on some shareholders by probably concentrating on the premise that this stock has not released any filings in more than one year and that is assumed to be a negative for those who are not well informed.
Let me use this opportunity to inform the shorters that at this very moment all the Company financial statements are being processed by the firm of Marcum, Bernstein & Pinchuk and that all 5 financials will be filed at the same time within the next two months.
THIS COMPANY IS EXPECTED TO CONTINUE IN ITS PROGRESSIVE INCREASE IN SALES WITH EACH QUARTER IN KUNMING AS THE CITY CONTINUES ITS EXPANSION AND PROGRESS IN SUBWAYS CONSTRUCTION AND NEW HOUSING DEVELOPMENT. BUSINESS IN KUNMING IS BOOMING AND FIRST CHINA IS LOCATED RIGHT THERE TO TAKE ADVANTAGE OF THIS BOOM!!!
My advise to all these negative minded people is to start buying more shares of this tock right now before the financials are released.
The word from Kunming is simply:
BUY NOW WHILE YOU CAN
DON'T LET FEAR STOP YOUR PLAN
DESTRUCTION OF THE OLD, IS REPLACED WITH THE NEW
THE VANS ARE STILL ROLLING AND DELIVERING THE GOODS
THE SICK WILL ALWAYS BE WITH US
AND FIRST CHINA WILL ALWAYS BE THERE TO DELIVER RELIEF
DON'T LET A MOMENT IN TIME STALL YOUR PLANS
REMEMBER THAT MOVING CAN SOMETIMES BE PAINFUL,
BUT NOT AS PAINFUL AS MISSING OUT ON A GREAT DEAL
FORGET THE MESSENGER, SIMPLY REMEMBER ONE NAME AND ONE MOTTO:
WE AT MARCUM WILL ALWAYS PROVIDE THE BEST SERVICE TO PLEASE THE CLIENT AND THE GOVERNMENT AUTHORITY--IF WE FAIL WE WILL REFILE FOR FREE!!!
And for dmg who has some influential and savvy friends in the financial field who already own shares of this stock, just tell them to investigate on their own what is happening in Kunming right now so that they can take personal steps to increase their holdings in this company at this time when everything seems so dismal due to the activities of shorters!
Once the 5 SEC filings have been made with the blessing of the Marcum seal of approval this stock will leave a lot of people behind to reminisce of the great chance that they had and failed to take advantage of when the stock was selling at the present price!!
Hey pack, positive thinking is what is needed right now!!
Remember that Bernstein knows what the SEC requires from Chinese companies whose stock is traded in the USA!!!Remember that Bernstein knows what Parker and Rottenberg did wrong!!! Having said all that, have no fear and be assured that all filings will be made perfectly correct and will not incur any problem with SEC requirements.
One more thing--a lot of shorting has taken place lately, therefore DO NOT BE FOOLED IF THE SHORTERS PLAY SOME DIRTY TRICKS IN THE NEXT FEW WEEKS since they will try to generate panic to induce some present shareholders to sell at rock bottom prices so that they CAN CLOSE THEIR SHORT POSITIONS!!! These tricksters are waiting to play their dirty game at any moment and therefore you, red and some others must be vigilant at all times.
Remember that Kunming is undergoing a tremendous construction boom including a new subway line extension in the area where this company had the original building, and although they have now moved to a second building, even that move is only temporary and soon another move will follow. KUNMING IS BOOMING; KUNMING POPULATION IS INCREASING FAST AND THIS COMPANY WILL PARTICIPATE IN THE BOOM AND BE SUCCESSFULL IN ITS PLAN TO EXPAND! Patience will be rewarded.
For those who might not be aware, just be aware that when this stock is shorted it is not shorted by people who have a background knowledge about this company--IT IS SHORTED BY PEOPLE WHO USE A COMPUTER LOGARITHYM PROGRAM that automatically searches for particular penny stocks that exhibit certain parameters. It's just like a lottery or casino game where the odds are calculated and the advise is provided to take certain action!!!
WHOEVER IS SELLING THIS STOCK SHORT KNOWS ABSOLUTELY NOTHING ABOUT MARCUM BEING ONE OF THE TOP ACCOUNTING FIRM IN CHINA--THE SHORTERS' COMPUTER PROGRAM IS SIMPLY PROVIDING INFORMATION THAT THIS COMPANY HAS NOT FILED 5 FINANCIALS WITH THE SEC--THE COMPUTER IS SIMPLY A DUMMY WITH A MIND THAT CAN REASON UP TO A CERTAIN POINT...LOL...LOL>>>>>>>>>>>>
This a good chance for smart investors to buy at 7 cents or less...............................