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Re: JonesBur post# 4932

Wednesday, 08/06/2014 1:49:16 PM

Wednesday, August 06, 2014 1:49:16 PM

Post# of 5011
I am quite sure CHRI still exists, and is still operating, selling product and doing good business in China.

Unfortunately, I own several of these China-based, U.S.-listed OTC stocks, and one by one they have all stopped reporting.

While I cannot point to anything specific, I believe it is because reporting requirements in the U.S. --and the legal liability that accompanies making the filings, courtesy of Dodd-Frank and other laws---- has reached a point where making the filings is no longer worthwhile for these firms, especially if they are generating sufficient revenue that they do not need additional capital from stock sales.

So, ironically, the more successful the company is in the Chinese marketplace, the more likely that the company will go dark, as it has no more need for outside financing.

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