Meaning company specific (AIVI), not generally.

Need to keep an eye on this...

https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fgongzuodongtai%2F2013%2F0522%2F2367.html&sandbox=1

Hasn't been much OLED talk for a while. Was bugging me a bit, but this article might have just explained it. Hadn't seen it before.

On the other hand. The Otter site seems full of news.

Not really following too closely at this point. Just the odd check in, and never free during happy hour these days. Might be going back in the summer, so maybe I can get some new pictures.

I have no informed timeline. Just guesses. 2015? 2016?

Nice spike today!

Said I would try to post these pics from a rainy Feb. day so...
I'm pretty sure all of this was done between Nov. 13' and Feb. 14', since I don't recall seeing it my first time around. The 3rd one gives a more general picture. They were starting to develop the foreground area just then. 4th are new employee residences.









Haven't been around much but still holding :)

I remember reading a post quoting the otter chairs to be in the thousands, but according to this article the pricing is around 2000 RMB. Pretty affordable at just over 300 dollars.

http://translate.google.com.hk/translate?tl=en&u=http://family.pconline.com.cn/412/4124339.html%3Fqq-pf-to%3Dpcqq.c2c

The headline link is at www.wiseotter.com.cn in English but the contents need to be translated.

Away again, hence my absence.

Nice volume the other day!

You are right. One exists and the other is a plan...to be built.

I believe they produce all of the chairs, but I can't confirm that. One could always give Ace Bayou a call. They are in Tennessee.

Not great pics but here...

Yes indeed. It has always been interesting. I'd say in the grand scheme of things, we are rather fortunate to be able to roughly follow along with what is happening at the company...their disclosure it quite good. Obviously I'm referring to the company generally and not their market presence.

Ace Bayou is the importer and marketer of the X-rocker chair for N.A. (not sure about European), while Aivtech is the OEM, as far as I understand the relationship.

Looks like Topower is connected...Perhaps Otter is the Brand name they are going to market...

Beijing Natural Smart-Tech Co., Ltd. Health Otter Chair,Music Otter Wireless Speaker

Booths: 35412, 35631

Being represented by (I guess):

Natural Wisdom Science and Technology Co., Ltd. (China Natural Smart-Tech Co., Ltd referred NST) was founded in 2013 by senior industrial design company and acoustic technology development company founded merger. Team members from the professional experts in the field, senior designers, senior engineers composition. NST is committed to creating an open innovation platform, not only focus on product innovation, more focused business innovation. We wearable smart devices, wireless audio, systematic home three professional fields, with "research trends - product development - brand incubator" from the whole process service capabilities.

We propose to design thinking interpretation of Natural Smart-Tech technology concepts, and the formation of a rigorous product development process used in the field. As the initiator of the platform, we are working closely with the Central Academy of Fine Arts and other colleges and universities to carry out research in product design concepts / techniques / methods of the three integration. As R & D terminals, we cooperate with the depth of field of consumer electronics, home field of the brand, from innovation to help brands market to complete a comprehensive upgrade.

http://ces14.mapyourshow.com/5_0/exhibitor_results.cfm?type=tradename&tradename=otter

Nice digging. It would be great if someone could get over there to see the display. I saw the catalogue for the Otter line, but I didn't get to keep a copy.

On the Topower website, it lists a different booth for them too (35225 I think) so maybe it is all in flux and getting finalized, or maybe they are connected.

Happy Holidays! ...

So...I'm back (for a short while)

I've just spent the last 2 months roaming around China, and I must say, I love it! Of course I took the opportunity to pop by Xinyang to visit our friends at AIV...

Xinyang itself is pretty neat. It's not a 'city' according to Chinese standards, but by our standards it certainly is...with a central population of around 2 million, and 6 million in the greater area. One thing it's not is a mecca for tourism by any stretch of the imagination. I did not encounter a single other foreigner, or much English, while I was there.

As I dive in, and try to understand China, it now makes sense to me why AIV has elected to re-locate from Guangdong. It is a trend of moving inward from the originally established economic zones, where labor has become expensive, and the dynamics of the economies are shifting. Many multi-nationals are doing the exact same thing.

Anyhow, AIV is alive and well, and I had a chance to meet the CFO, Shi Yilin. He was very friendly, and despite the obvious glacial pace of the conversation, very interesting. Upon leaving he presented me with the Antec speaker I mentioned a while back.

Most of the numbers we talk about on the board (Crusader is right on the money) are in-line with what was discussed, from revenues to investment amounts...same as have been published in the news. A few ideas have circulated, and there was mention that management was courted with the idea of moving to the HK exchange, but Guo was not interested. He remains confident in his company and is apparently determined to revisit the US listing in the future with hopes of successfully moving up the chain. There is no rush however, so I wouldn't count on it being in the next couple of quarters. They are currently up to their eyeballs moving, building and expanding. Apparently the local government is keenly (emphasized) interested in supporting this company, which helps AIV in many ways, one of which is securing their financing. The current goal is cooperation with CPT (the Taiwan company, as published) and a major Chinese company to produce OLED phones, tablets and computers. LG is not currently involved.

On a closing note, he also said he was more than willing to setup an annual or even semi-annual conference call with shareholders to update them.

Of course this is all through rough translation, and it being my first time sitting with a CFO asking these types of questions...so take everything I write with a grain of salt.

So there you go...The company is real, and quite friendly. They are also not a typical penny-stock who require immediate access to capital...so it would be ill-advised to think of them that way. There is still risk, since they could change their minds, or the plan could fail, but personally, I am fairly confident in my investment. One day, who knows when, I expect to be rewarded.

Oops. Try this one, or just click the latest links

http://translate.google.com.hk/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.donews.com%2Fit%2F201311%2F2643463.shtm&sandbox=1

http://translate.google.com.hk/translate?act=url&hl=en&ie=UTF8&prev=_t&sl=auto&tl=en&u=http://aivtech.com/cn/news.asp

http://translate.google.com.hk/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Faivtech.com%2Fcn%2Fnews.asp

Add Antec, Inc (Antec Mobile Products) out of California and the Netherlands as one of the companies they produce speakers for. Specifically the a.m.p sp1

http://portable-speaker-reviews.com/amp-sp1/
http://www.antecmobileproducts.com/eu/buy_detail/40
http://en.wikipedia.org/wiki/Antec

http://www.talkoled.com/cpt-starts-small-scale-amoled-production-may-collaborate-with-aiv-bex-on-oled-development/

Not sure if this was posted.

Unfortunate someone killed the upward movement today.

Aivtech website news - not quite translated on the English side yet, but there is a line for it and here is the rough google translation...

October 15 to 16, party secretary Guo Ruimin, Henan Energy and Chemical Group Chairman Chen Xiangen led a delegation to Taiwan examines the CPT, and with the company's chairman Lin Wei, general manager Lin Shengchang substantive cooperation on the OLED project issues in-depth discussions.

Henan Energy Chemical Group Legal Director Li Xianwei, Fudan University, the national expert panel display valley to China, Henan stimulated Blue Technology Co., Ltd. Chairman Guo Jinlin, Henan Energy Chemical Group investment, planning departments and Xinyang Industrial City to discuss the principal responsible comrades participated in study activities.

Delegation inspected the CPT Advanced Technology Center, Longtan Industrial Base TFT-LCD 6-generation line and the AM-OLED test line. (Xinyang Daily)

http://aivtech.com/cn/news_show.asp?id=119

Direct your friend towards Yilin Shi. He is very friendly, and happy to chat.

Guo Jinlin , chairman of Hunan Province, was awarded the 2013 "Innovation Hunan Business " honor

Time :2013 -10-9 15:32:40


September 27, 2013 morning held in Zhuzhou City of Hunan Economic Cooperation Fair cum Hunan Business Conference, Group Chairman Guo Jinlin awarded the "Innovation Hunan Business " honorary title.
In the provincial government attach great importance and departments at all levels and the community 's concern and support, the majority of Hunan business actively participate in regional economic cooperation, and the enthusiastic support of social welfare ; actively involved in enterprise innovation and development , and actively promote economic restructuring and upgrading , has become the promotion of domestic economic and social development of the important force. To implement Xiang hair [ 2010 ] on the 6th spirit of the document , to guide and encourage Hunan business back to society, contributing to society, to promote and facilitate the development of Hunan business innovation , scientific development, according to " 2013 year " responsibility Hunan Business " selection method " and " 2013 Annual "Innovation Hunan Business " selection approach " comprehensive review by experts , entrepreneurs decided to grant 20 year 2013 " responsibility Hunan Business " 20 entrepreneurs of 2013 annual" innovation Hunan Business . " Was rated entrepreneurs hope to do even better ; hope the majority of the responsibility Xiang Xiang providers to suppliers, innovation Hunan business learning , active participation in economic exchanges and cooperation , the courage to take on corporate social responsibility , and vigorously promote innovation achievements, to promote Hunan and local economic social development and make new and greater contributions .

http://aivtech.com/cn/news_show.asp?id=117

Interesting...

First time in a long time I've seen an article from the Xinyang Daily mentioning us (and Sky) as US listed.

http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fyuanquxinwen%2F2013%2F0918%2F2461.html

And Google Earth this and float around: Xinyang Industrial Town, Pingqiao District, Xinyang 464100

Crusader: Not a big deal with the NSOS. Just called them. Re-file and fees to become current.

An interesting sign...Anyone visit the aivtech site recently and notice the English news is becoming much more coherent? Was just rereading and they actually make sense. No idea about the timeline, but things are looking positive.

Thought this was funny/interesting.

A random day back in July...when a few shares hit the bid. Wonder if it works both ways. Looks like a financial site in China.

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://finance.21cn.com/newsdoc/zx/a/2013/0704/05/22521738.shtml&usg=ALkJrhgFOy8x8ocZY1VKQuB0_UuuV5cnug

I think it is just a translation thing. If you go to the Chinese version of the site and copy/paste the Mandarin characters into Google, it comes out as Henan Stimulated Blue...

My understanding thus far is that this particular entity is a joint venture between AIV and the Xinyang government, which facilitated/guaranteed the project funding.

That's terrific. Nice to see a current reinforcement, though seems like expansion, of the HP/AIVI relationship.

HP, LG, CPT, plus all the incumbents. Things are looking great.

Been adding a bit :)

This is an exciting job description...I almost don't want to post it;) Patience will win the day I believe.

Finance Manager (Zhengzhou)
Company Name: Henan stimulated Blue Technology Co., Ltd. Location: Henan - Zhengzhou
Company Industry: Electronics & Semiconductor & Integrated Circuits
Work Experience: 5 years
Company Type: Private Company
Education: Bachelor
Company Size: 11-50 Staff
Salary: Negotiable
Published: 2013-08-09

Responsibilities:

Job Function:
Other

Job Description:
Job Description:
1 overall responsibility for the daily management of the Ministry of Finance;
2. Organizations to develop financial management systems and relevant regulations, and supervise the implementation;
3 Explain to answer with the company's financial and accounting-related rules and regulations;
4 to develop, maintain, improve financial management procedures and policies, develop annual and quarterly financial plan;
5 is responsible for the company's overall capital allocation, cost accounting, accounting and analytical work;
6 Analysis examines the company's financial accounts and budget implementation;
7 Audit company's original documents and handle the daily accounting operations;
8 vouchers audit companies, auditing the company's financial statements;
9 responsible for the funds, asset management, management and relationships with banks and other institutions;
10 monitoring economic losses caused by the company might be significant economic activity;
11 Ministry of Finance to assist the Chief Financial Officer to carry out internal and external communication and coordination;
12 Complete the other parent to daily work.
13 Location: Henan Xinyang City Requirements:
1, accounting, finance, financial and other related professional full-time undergraduate degree or above;
2, as the treasurer post more than 5 years, familiar with the company's overall preparation of the accounts;
3,8 years of experience in accounting work, skilled use of computers and accounting software;
4, read and write fluently in English, proficient in the accounting profession in English, able to issue financial statements in English;
5, good management of the finance department, the development of corporate financial planning and financial management systems;
6, familiar with tax policy, operational analysis, cost control and cost accounting;
7, with a strong judgment and decision-making skills, interpersonal communication and coordination, planning and execution skills, good verbal and written communication skills.
8, accountants and above qualification is preferred.

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://www.wealink.com/zhiwei/view/6865874/%3Futm_source%3Dbaidu%26utm_medium%3Dopen1%26utm_campaign%3Dopendate&usg=ALkJrhg1tqecuyax0YjmeUmaXxYoEESn6w

You might be interested in this...

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Ffinance.sina.com.cn%2Fworld%2F20130709%2F022516055343.shtml%3Fwbf%3Dmore&act=url

Some of these positions are taking a while to get filled, but currently 157 job listings.

This is still the best...
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.wealink.com/zhiwei/view/10110222/%3Futm_source%3Dbaidu%26utm_medium%3Dopen1%26utm_campaign%3Dopendate&usg=ALkJrhiP7WbYJyS-P669IoCEPTCqrdEvBg

excerpt:
4. guidance to and coordination financial auditing, external auditing, accounting's work and oversee its execute
5. formulate, maintenance, improvement in corporate financial management procedures and policies, formulate annual, quarterly financial plans

Another mentions capital market pre-analysis.

Love this story - a bit dry during the waiting game, but I for one am still fully committed.

JG mentioned in this short article...

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.xytv.cn%2FNEWS%2Fshizhengyaowen%2F2013%2F0720%2F59956.html

Here is some interesting AIVI info...read the caption

http://www.oled-info.com/ots-publishes-new-corporate-presentation-video-showing-their-pca-48-45-gen-ink-jet-processing-line

http://www.oledtechnologies.biz/# - homepage

Which was discussed here...2nd last paragraph

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.oledw.com%2Foled-news%2F201212%2F7472.shtml

http://www.aivtech.com/en/movie_show.asp?id=111

like the cctv4

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fyuanquxinwen%2F2013%2F0717%2F2417.html

Busy day!

New website looks great. Obviously the content needs to catch up with the new design. Another sign of things unfolding.


Good to see JG.
http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fzaixianshipin%2F2013%2F0712%2F2414.html

Did these get posted from the aivtech.com page? I know the material was mentioned but these are much easier to understand. LG with their 140 Billion US revenues last year and Chunghwa. Pretty good companies to be cooperating with looking forward.

http://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.aivtech.com%2Fcn%2Fnewsinfo.asp%3Fid%3D170

http://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.aivtech.com%2Fcn%2Fnewsinfo.asp%3Fid%3D169

Very Nice ... Chunghwa Picture Tubes (CPT) makes optoelectronic display components used in TFT-LCD (thin-film transistor liquid-crystal display) and CRT (cathode ray tube) applications. The company makes large, medium, and small display panels used in LCD televisions, monitors, notebooks, netbooks, and other products such as smartphones. Samsung Electronics and Sony are among its largest customers. CPT also partners with companies such as PC maker Compal Electronics. Chunghwa Picture Tubes, which was established in 1971, also makes color picture tubes and electron guns. The company has plants in China, Malaysia, and Taiwan

600 million is clearly a translation error. 6 million speakers makes more sense and is inline with the 500,000/month capacity they mention.

My guess is 2014 at the earliest, maybe 2015. I don't recall saying I got word from Mgmt that they would begin marketing in English in October 2013. I probably wouldn't say that even if it were true. As it stands that is the target for having the first phase of the OLED factory producing commercially...so it could be a logical jumping off point, but I really don't know.

It appears as though they are methodically putting the necessary pieces together, but a) it takes time to overhaul and implement an upgraded internal system, and b) The market is still irrational towards Chinese Co's and there are still some regulatory issues to be sorted. Also, the company is effectively moving their ops to Xinyang by the sounds of it which is no small feat. Mgmt has also indicated they have the financing to proceed, so time is on their side for becoming proactive when they are ready.

Having the OLED factory producing, with a major contract in hand would be a much better way to kick off round 2 than discussing building the facotries. Not to mention having a functional internal auditing dept, effective IR dept, some sales figures of the new lines, etc., all which are currently being implemented if one goes by the job boards and articles. Soon we may have access to an English speaking IR person if that job was filled, but they still need time to learn the company and build the program.

I'm still as confident as ever and quite content with what I read. This is a sleeper with an excellent chance of being a giant as we all know.

New story...

http://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fgb.cri.cn%2F1321%2F2013%2F05%2F16%2F6971s4116705.htm

Chinese news mention today - http://translate.google.ca/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fgongzuodongtai%2F2013%2F0424%2F2337.html

Pick MIRXF @ .061

Worth noting - the more detailed job description listed here is open until May 16, 2013. Hopefully after this there will be an improved line of communication.

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.ca&sl=auto&tl=en&u=http://www.126job.net/Company/Info/Com_Job.asp%3FComid%3Dv37a20110309104149%26Param%3D78589&usg=ALkJrhiptl1qaOm5C7er2CP_ffbZ9oZC3g

New article - 4/15 - front page of the paper it looks like - http://translate.google.ca/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.xyiz.gov.cn%2Fxinwendongtai%2Fyuanquxinwen%2F2013%2F0415%2F2325.html