I don’t understand why some people on this board think that the financials will be released anytime soon. CEO Wang has shown me, by not communicating with us for over 2 years, that he does’nt give a hoot for us shareholders. Also he has been paying himself a 2% of revenue bonus for the past 3 years. As long as he keeps the company out of bankruptcy and keeps the company growing he will continue to collect his ever growing 2% of revenues. When he grows company revenue to $1 billion per year he’ll be raking in $20,000,000 per year in revenue bonuses.
Furthermore my guess is that he is able to get plenty of expansion loans through the Chinese secondary banking system at probably exorbitant interest rates. So why should he try to increase operational efficiency and thus lower expenses to increase share value when he gets his 2% of revenues no matter what.
And another thing, when the financials are finally released and a current valuation can be placed on the shares why wouldn’t he sell massive numbers of new shares that would dilute share price down to a fraction of what we hoped it might be. He would use that revenue to continue to grow FCPG and of course he would continue to receive his ever growing 2% bonus and without any regard for the share price.
I don’t think that CEO Wang’s interests are in any way aligned with ours. In my mind this is definitely a risky investment I own 114 K shares @ $0.08 avg.
AI
Market Data 
Markets 
