China Growth Stocks

[Potse]

CGWY(.01 x .035)..potential China-related shell.....

Picked up a few more shares to add to a very small, high-risk, speculative position I have in the CGWY shell (cost basis in the sub-penny level). Under 19 million shares outstanding.

Currently trading on the pink sheets as a result of missing the last two filings (2008 annual report and 2009 first quarter report). I don't know what management's intentions are regarding its future filing status, but I figure it might be worth throwing some speculative money at this one given the increased interest in China stocks, the possibility that CGWY might be looking at a China-related reverse merger, and the identity of the CEO.

When CGWY became a shell last year, Martin Key (an ARC China Vice President) took over the CEO duties and changed the name of the company to China Gateway Corporation.

Key's bio.....

http://www.arcinvestmentpartners.com/en/seniorprofessionals.html