Question for the board. I have been reviewing delisting and what it means, along with Grey sheets. My understanding is a delisting just means that our shares are not able to be traded on the OTC. Many companies delist for a variety of reasons, cost is one of them.
Now my question. Is it possible that Wang could in theory, just list this company on another exchange with our shares still in tact? Provided he completes the necessary financials. This question is in regards to First China (Xin Yuan Tang pharmaceuticals and not other Chinese companies) We know there has been over two years of Wang focusing on HK exchange and even an article on a government website in China stating his desire by end of 2014. In my conversation with Doug Billingsley back on Nov 11, he stated Wang really wanted HK listing but did not have the revenues, hence RTO here.
So again, could the above happen.
TIA
