Value Microcaps Motherboard

[Guy]

Len, Re: CHINA VMC INDEX 2007.

CLWT - for the six months ended June 30, net loss was approximately $73,000. Shares OS FD: 10,844,797.

CSCT - for the nine months ended June 30, they earned
$17,222,574 and Shares OS FD are approx 28 million.
The stock is @12 and they earned .70, so the PE is
less than 25.

XING - for the nine months ended September 30,
net income was US$18.4 million (approx .61 per share
based on approx 30 million shares OS FD).
The stock is @13, so the PE is less than 25.

UTVG also meet your parameters.

Guy