News Focus
News Focus
Followers 17
Posts 217
Boards Moderated 1
Alias Born 04/16/2006

Re: montello2000 post# 7787

Thursday, 11/09/2006 10:56:22 AM

Thursday, November 09, 2006 10:56:22 AM

Post# of 7974
China Merchants did not fund

I do not recall any funding from China Merchants to CTGLF or Dichain holdings. It was a PR stunt to tie the two together and CTDC copied that idea and it has served them very well as they make no profit have tiny sales and super price. The former CFO of CTGLF moved with them a while and set that up.

Maybe a year or more ago China Merchants dropped showing Dichain Holdings on the site and never showed Dichain Asia which was a clue since Dichain Asia has bonded warehouse space yet China Merchants formed a competing company. Dicahain Asia could not even make money on renting warehouse space which to me is crazy as it is so needed there and require no cost like machines and so forth.

But Frank Fan is with DC Capital (Dichain again)and their business is to set up M&A so for sure he will be trying. He has millions of shares so will not let it just away.

I am a consultant for NNRF, Inc and own personal shares

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today