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Re: Bourbon_on_my_cornflakes post# 6142

Friday, 10/16/2009 4:51:05 PM

Friday, October 16, 2009 4:51:05 PM

Post# of 8313
For JGBO, Lotus would not be a good buying target. Lotus does not fit to the idea of expanding JGBO via a longitudinal growth. Lotus also has problems of their own to deal with if they were purchased and would such a lot of money up.

JGBO is in fact doing very well for being on the OTC:BB. Just look at CSKI (NasDaq). CSKI is not much higher in PPS than JGBO and they are on a better exchange. Everyone is waiting for the news, which should come, hopefully, in a few weeks.

As for my postiion, I almost tripled it today. That is how confident I am with JGBO in the short term. As for the long term, the converted shares issues and restriction on cash flow out of China are problems. As events unfold, I will reevaluate my position.

Cheers

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