GuanHua Corporation (GHGH)

[same53]

Posted by: Bigdogs talked to CEO


In reply to: ogclip who wrote msg# 13628
Date:12/19/2006 4:36:14 PM
Post #of 13908

I did talk

to the CEO today and questioned him on where all the shares were coming from and if they were diluting.

He told me point blank. No the seller was not AUGC.

I then asked Mike who he thought could be selling and he basically said it could be some of the people that were owed money in the last year and that they were paid off in shares awhile ago.

I asked if the O/S is right around 7-8 billion and although he didnt confirm for sure he said its right in that ball park.

He also seemed very confident that the company was not going to dilute in the near future and was very focused on trying to get the o/s down as much as possible through 2007.

He mentioned that anyone selling in this area would be very sorry down the line and that he sees alot of promise with AUGC currently and was excited about some of there acquisitions they have on radar.

I asked him if the acquisitions would be paid for through stock which would in turn dilute the o/s more and he said that the financing would be by other people and not by AUGC stock.

This is just a buy and hold but from talking to him I think this will be a excellent play in 2007. Definitely worth the gamble and also that AUGC has turned the corner.