China Unlimited

[NewJerichoMan]

Is it possible he's sandbagging? Sure. Maybe GG is learning.

For my money, the way he talks, he seems more of a bull$hitter than an "under promise, over deliver" guy.

I like their product. Think the macro environment and CoVid will be beneficial to the company. Share structure can be solved with $$$. Biggest weakness after share structure is management. Maybe they can finally get the 10Q out on time.

That said, while they may be lacking in some bureaucratic / corporate governance skills, they have met demand, paid down some debt, and somehow managed to negotiate down the number of shares.

Perhaps because of the recent note negotiations, GG has a lot of insight into when those shares may hit the market, thus his comments to the shareholder during recent visit. Been a lot of sellers recently who have been very patient. Today, looks like we have some big buyers, too (700K shares at $0.27).

Like I said before, maybe I'm reading too much into it.

My thinking for the short-term is we hit $0.025 before we hit $0.035.