First China Pharmaceutical Group Inc (fka FCPG)

[lanob]

Wang This message is for you.

We are at the same position we were a year ago. That is the rumors of the financials being completed and Mr. Wang not wanting to fork over the balance owed to the auditors. In this case some $200,000.00. Rumor has it the financials are completed and just need to be released and Mr. Wang is holding back payment to the auditors again. Remember this was the previous auditors complaint of none payment.

I can only surmise Mr. Wang may believe paying the amount owed to the auditors to have the securities of FCPG brought up to date is just too expensive.

Well Mr. Wang not bringing your companies securities up to date is turning out to be way more expensive. By not bringing your financials up to date you are missing out on millions of potential dollars in loans and investments. By not accessing these funds you have caused your company to grow revenues at a snail’s pace and the loss of larger potential earnings. From not being able to access these funds you have forfeited the opportunity to accelerate growth in sales thus losing out of substantially higher profit margins so yes by not having your financials up to date has been way more expensive.

Instead of being a five hundred million dollar plus company by now you are still making sales around the seven million dollar amount monthly. The sales amounts could be in the tens of millions of dollars monthly by now only if you can understand this. By getting yourself in the 21st century and start thinking like a real CEO you might be able to realize the full potential of what this company can do. For thinking like an old fashion Chinese merchant you are missing out on being a real player in the new Chinese economy and obtaining the true value of this company.

So Mr. Wang for whatever reason for not bringing your financials up to date you have cost your self-millions of dollars. This type of management belongs in the 19th century not the 21st century. This is way too hard to figure out for me. I have left several messages for Mr. Wang and he has not returned any one of them all I can do at this time is guess what is really going on.

There is nothing pointing to fraud just bad management decisions with regards filing the financials and a bad case of being too cheap Mr. Wang. My advice quit saving pennies and start earning tens of thousands of dollars, So Mr. Wang Just pay Marcum and get the financials completed and filed and let us all move on.