Instead of referring to DD you should just say "I believe company Press Releases and IR" because what you just posted was simply gleaned from them. DD would include contacting MCF and Abaxis and verifying it. Abaxis has had a distribution agreement with China for at least the last 4 years and no 8-Ks were filed as a Material Event for either MCF or Abaxis;
Did you verify the exclusive agreement? That would be due diligence. Either way, the most important thing about SEIH currently and all that really matters is that they put out a Press Release yesterday and only 7 trades went through. Whatever the company does business-wise will never trickle down to shareholders here or on any stock. People keep investing like they will. Items 1-6 do not matter if nobody buys the stock. Being Pink restricts many investors from placing orders through their brokers for SEIH.
When you do the DD on Abaxis, please post what you find.
Good luck.
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