The sky is falling! NOT!
GTEC_trader is the official basher on yahoo.
Sell if you must, but GTEC_trader is not going to get any of my shares until over $1.00
If you do your DD you will see that the original company's roll was to bring a profitable Chinese company public in the USA. Mr. Wubo saw a chance to take the value of his company "offshore" meaning not in China or the USA. Smart move in todays world. Now if I owned a private company about to go public flush with cash why would I turn over all my money to the public entity? It seams to me, and I'm just guessing at this point, the special divy was a legal incentive to do so. After going public access to what used to be mine is only available by selling my stock. Nothing is terribly wrong here. I've seen much, much worse shena@#$%ns in my trading experiance. As reverse mergers go, GTEC is quite clean and straight forward. Its what Mr. Wubo does from this point forward that needs to be watched. So far, IMO, he's devivered very nicely on all accounts. Kudos to Mr. Wubo and Ms. Sung for doing a great job!
Any retracement in SP of GTEC is a "buying opportunity" to be taken advantage of.
So if GTEC_trader is as smart as he thinks he is he better be buying. I am.
Watch out for the surprise PR. You don't want to be out when it hits.
All IMO, and I know nothing.
big