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hey i believe you man, i did enough research to prove to myself i made a foolish move buying into this sickly company..
We should seriously consider a class action lawsuit and take the remainder of what the bellisimo property is worth after all the liens are payed....not gonna be much..
Mine. As well post the email you got to the board
Been following this stock since eearly 09 and have done extensive research on what bob has done in the past since roughly 05' . The pattern is very clear. Now that being said there is still potential to make money here but there will be no uplisting I can almost gareentee you that ... imo of coarse...
bob uses this stock as his personal ATM to finance his little mining projects. there will be no up listing here only another reverse split as has happened in the past
there will be no up-listing
a lot has changed since then (the company and new management have failed investors IMO), i admit this one threw me for a loop initially. never said they had no relation . it clear they did just look at the fillings. however what wasn't clear was the pattern with the other companies that chfi also created...disturbing to say the least. We learn from our mistakes...this is penny land the risk will always be here
will this become another zombie stock at .02 cents....we shall wait and see
here is a update from trading china
http://china.fixyou.co.uk/
"Corporate History - This is the strongest negative aspect, and it is one that will never go away. Gulf Resources' public company life began with a China Finance (CHFI.PK) shell, in connection with reverse merger specialists like China US Bridge Capital, a subsidiary of CHFI. China Finance went dark in 2009, stopped filing anything with the SEC, and is now a 2-cent zombie stock. All of the other CHFI RTO's are either complete frauds or extremely questionable at least, including CNOA, JADA, BFAR and CHCG. It is a bit of a stretch to argue that Gulf Resources is the one exception in an otherwise smelly pit of dirt."
truth is there is nothing stopping this from slowly going down to a penny or two and will stay there till they prove their legitimacy
Always a new excuse from her..one after another
Nope not me, i stepped out of this a while back...
some may say that i have "flipped to the dark side" and that is certainly true for now.All my previous DD is still valid btw i tried to collect as much that was available and it just got to a point when you gotta make a judgment call to stay or go.. I will watch this from the sidelines if they get there shit together i will consider re-entry. But for now this is the new JADA IMO
i like the news today, should get interesting here in the short term
all sounds pretty good, give me a little background on how you got involved with this company..
what can we expect from this company in the coming months?
i have played the penny stock arena for some time this is the worst communication i have ever experienced from a company. Jen cahnges her story almost monthly as to why the fillings are late. this stock at this point in time is a pure gamble . we have no idea what is going on with this company . people may speculate and that is fine and they may profit handsomely from it .. but the probability has declined significantly
andyguo@chinacnoa.com
who knows, company on the opposite side of the world which does not communicate to share holders. trying to get information is nearly impossible
ohh i would absolutely get back in on this if things turn around.
but i haven't seen anything yet that would make me want to buy any shares right now.
there is zero transparency here with the company, we are purely guessing as to what their integrations are. it seems that they have dissolved two of their business units so far. ankang and the ice wine one. who know what the heck is going on over there...
time will tell...
they do have a us asset worth approx 14 million i think.. but there is a lien on it for 8 million dollars
The key word is irreperably the question thats goes Along with that word is...from the companys silence and poor ir does it really seem like they care about repairing their stock....?
The company "cnoa" turned itself into a bad investment. The odds are very low now for this to turn around . There just isn't really anything positive coming up in any time frame that we know about. We got a ir girl who does not answer her phone and after 3 day s of waiting mabey will email u back with useless information, they are now dark on reporting essentially, even the ceo mr guo will not answer emails written in perfect chinesse. .. you must admit the prospects here do not look good.... this is now essentially a roll of the dice. I still hold a small chuck of shares but just look at bfar, hsyt, jada and countless others ...disturbingly similar patterns imo
Again best of luck to all just wanted to stop in since the board has been very quiet lately
i wish i could believe that, unfortunately i think we got a real sick puppy here....
we know almost nothing about the company currently and Jen is either completely out of the loop on all relevant information of straight up lying to us. this is the honest truth here.
i see a disturbing pattern with other RM stocks that were associated with china bridge capital/china finance. At first i didn't think much of it but looking deeper and cross comparing there is surely something not right...
there was a lot of hope and possibility's for this company back in march time frame but now it has dwindled to almost nothing.
only one thing will save this stock and that is for the company to become transparent and start filling again. That is all a hope and dream at this point and pure speculation surrounds it.
i wish the best to everyone but sometime we must realize a poor investment and man up to it
why are they doing an awareness campaign?
so do they have any current debt?
what are the catalysts coming up for this company?
how much dilution has occurred over the last year with this stock, looks like the company has quite a bit of debt
whats the share structure here
and
what are some up coming catalysts we are anticipating for this stock?
someone give me a run down on this one. whats a timeline looking like for getting this project into production?
What's the share structure here? Some one fill me In on what the hype is all about
i would agree with you only if i didn't see this happening across the board in the china sector. many company's are in the same boat.
so what is the reason behind the late fillings
So what is the reason behind the delayed fillings?
i think it will be that way for many china listed stocks.
lets look at it this way
BEllisimo vineyards...confirmed to be owned by CNOA
Value 14-19 $ million USD approximately
lets say its on the low side at 14$ million for conservatism
14,000,000$/ outstanding shares(73,000,000) = 0.1917 $/per share
we are trading at 36% of book value of Bellisimo vineyards alone.....
ill wait this one out ....
yea the delays are common in the sector right now. From all the Homework iv done i have no reason to believe that cnoa has been misstating its numbers. This will probably be a mid to long term hold now. But who knows management could really turn this around with a single good pr or once the auditor is finished with their reports.
Changbai New shops and product video interview
click second link down for video
http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.cbgfkm.com%2Findex.php%3Flang%3Dcn
looks like they have had at least 3 new stores open within the last 8 months
iv been looking into it i dont see anything that strikes me as a issue. been looking into china us bridge capital as well. again i see no issue.
one article floating around the internet with a unknown source and every one starts with some conspiracy theory
i dont understand why people keep bringing CHFI up...it has no relation to CNOA and are vastly different from one another like ITMD said. looking at CHFI they had no tangible business . CNOA has products on the shelve at stores and on the internet not to mention a approx $14-20 million dollar asset located in California.
i think he was referring to the clients who are contributing to the accounts receivable. From my discussions with jen they are working on new acquisitions. So from that and previous fillings i think they are good on cash.
also asked her about the previous class action suit that was settled. She said as far as she knows the $300,000 and 300,000 shares (in total not per person) has been set aside and will be paid out. Lawyer for the case said it is a long process.
looks like a lot of these china companies are starting to fight back
http://ih.advfn.com/p.php?pid=nmona&article=48371984
i don't know about any "leans" but perhaps there is a lien.....
Ask the attorney handling the suit or ask jen about it
yea there is.... fear of all china stocks look at the entire sector (panic selling) the fact that they bought a large U.S.A asset is the biggest indicator for me that this company is legit