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Re: A. SPEER post# 183943

Thursday, 04/12/2018 1:27:28 PM

Thursday, April 12, 2018 1:27:28 PM

Post# of 207142
Most people, including many on this board, don't actually understand the fact that to be successful as a Chinese enterprise, you MUST have government backing. There is just no way around it in China.

ZJMY has government backing (they always did)...it was essentially a Chinese govt project through Tsinghua University, if you recall.

Mr. Wang Dequn has govt backing. Not everybody in China gets to go to and speak at a Cross-Border Trade forum where Jack Ma also spoke, among other leaders.

Just one thing to keep in mind, this stock is still listed on the OTC. There is a reason they have not released the financials yet....

Whatever I say here is my own opinion. Invest at your own risk.