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Re: None

Tuesday, 12/15/2015 7:44:53 PM

Tuesday, December 15, 2015 7:44:53 PM

Post# of 24477
Restrictions on uses for cash on hand

This was stated in their last quarterly report:

Cash on deposit in China is subject to the regulations of the PRC which restricts the transfer of cash from that country, except under certain specific circumstances. Accordingly, such funds may not be readily available to us to satisfy obligations which have been incurred outside the PRC.



I wonder if those restrictions would prevent them from doing a share buy back since I would assume money would be leaving China.