American Nano Silicon Technology, Inc (fka ANNO)

[YankeeAce]

Ok I've done a little DD on SGVN and I have a couple questions for anyone who may be familiar with companies going public. As of May 31st there are 80,250,000 shares outstanding. However ALL of these shares are held by a combination of three segments (29% COHQ, 11% SGVN Insiders, and 60% European Investors). How will the company create any liquidity in the market place with every single share closely held? In other words, how do we put a value on these shares?

I do not understand why bighcarts.com has (NQB) after the ticker symbol. Pinksheets.com has it listed as a .PK stock but typically under bigcharts.com it will say (OTHER OTC) after the ticker. My guess is that NQB means Non-Quoted Bulletin. This could be due to the lack of liquidity. Pinksheets lists free L2 on this one I guess. It shows $0.51 on the Bid and $2000 on the Ask. Now that is a spread, LOL.

If growth rates continue compared to 2004-2005 then they have a chance of breaking even this year. Can't wait for the news from the shareholders meeting.