New Energy Systems Group (fka NEWN)

[Harleyman]

Still

In response to "In addition, if no unexpected incident, the Company has estimated that the cash and cash equivalents will be around $100 million RMB and the account receivable will be around $50 million RMB for the year ended December 31, 2009. The cash is expected to be used for the acquisition of another company in a similar industry."
please keep in mind this is 100 million RMB, not 100 million USD, so there is a conversion rate, just fyi!