CFSG: New high today, NASDAQ listing on Monday and this from CEO on Seeking Alpha interactive blog:
We are doing everything we can do increase shareholder value. Financially, even though we don't provide guidance for 2007, we do have a committment to our PIPE investors in the form of "make Good" number - comprehensive income above $0.46 per share. If we don't make this number, certain personal shares of the Chairman and myself will be given to PIPE investors. Business wise, in addition to our continous focus on Iron and Steel industry, Power plant, and Petrochemical plants, we are expanding into Transportation industry and other vertical industries. We also very much focus on investor relations. I personally go to US and meet with institional investors on the quarterly basis. We have talked with many analysts and have research reports from three brokerage firms. We applied for Nasdaq and was just approved by Nasdaq on July 10. This showcases our focus on improving our corporate governance and this move will lead to increased visibility, liquidity and institutional sponsorship for the Company.
I certainly like the "personal shares" part of the "make good" eps number.
Signatures are so yesterday!