For What its Worth
My financial legal ease is limited to none, but common sense says the company is doing the best they can in the current circumstances. IMHO the 10K is taking longer because there is a financing deal attached to it some way shape or form.
As I’ve said before the major players in this company hold 80million plus shares and right now they are not making money and won’t/can’t until a PPA is 100% complete and a financing is in place. If they can pull off one deal in time the others will fall into place. IMHO the enormous wealth the insiders can attain is motivation enough for them to get the 10K done, the PPA completed and the financing in place, then off to the next project. Once one deal is signed funds are in place to pursue the others.
As said before it’s an OTCBB play it’s no better than Vegas at this point, but the upside is big. I haven’t seen anything extravagant that would lead me to believe insiders are living the life of luxury at the shareholders expense. You don’t manufacture conference calls, updates, promo’s etc…and then hang onto your shares when the price bumps. Tammy and company have had opportunities to make a quick buck as have I but haven’t.
They are guilty of false starts and deadlines as well as lofty expectations which can sometimes be confused with goals. They are in a no win situation…if we don’t hear from them we go into panic mode and beat them up on our forums, if they give us some information and can’t deliver for whatever reason we beat them up in our forums (me included). Management/owners are not perfect and probably could have done a better job of PR and information releases, but they are not in control of the different levels of the Chinese bureaucracy or the current global financial circumstances. I have to believe they are just as frustrated with the Chinese bureaucracy as we are with them.
Again this is all JMHO and I will stay positive until I see something that leads me to think differently such as going to pinkies. Sorry if I sound a little too sugary, but at this point and share price I have to stay positive.
capo
