InvestorsHub Logo
Followers 363
Posts 14109
Boards Moderated 2
Alias Born 12/20/2009

Re: I-Man post# 204

Monday, 06/29/2015 8:15:49 AM

Monday, June 29, 2015 8:15:49 AM

Post# of 240
I agree that this can be a great opportunity. CHFR is trading 0,25, or 0,01 pre reverse split.
However, things are not going as planned. Q1 2014 net income 114k, Q1 2015 net loss 802k. The RS was meant to uplist, which is not going to happen now, I suppose. The IR firm DGIP told me they would start that process as soon as the RS happened. I contacted IR last week, and now CHFR has finished the contract with DGIP. Also the website is 'under maintanance' for quite some time now (http://www.taina.cn/index.html). So there is a lot happening behind the scenes, but I don't know if it is good or bad. But I still think CHFR has a lot of potential. If they can maintain the growth of reatil stores as planned, I expect the company to be profitable again at some time. And as you say, the PPS can explode than with an OS of 2 million.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.