China Green Material Technologies, Inc.(fka CAGM)

[bilgert]

I like CAGM's sector too; environmental/enviromentally friendly products in China will remain in demand in 2008, so long as the industrial economy in the Far East keeps chugging along and continues its global reach.

You do make a very good point about the compay's need to finance projects may affect the PPS. They say as much in their January 1th 8-k:

"The company intends to increase its financing capacity for a new Harbin factory and new equipments, with funds raised from the first financing. In addition, the company has a project in negotiation in Weihai, Shandong Province. When the project is completed, the new production base can produce at least 300,000 tons of environment-friendly products."

However, JDMC had similar financing issues post r/s and they went from $6 to $12- and have been steadily holding at $9 for the last few weeks.

Just food for thought.