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Re: Bobwins post# 237

Tuesday, 12/01/2009 10:21:40 AM

Tuesday, December 01, 2009 10:21:40 AM

Post# of 368
Bobwins

How you look upon the fact that Chinese microcaps tend to raise money to finance expansion however dilutive the terms they get are? A case in point would be SCLX. Another negative point I think is that these companies seem to finance the activities of their partners to a great extent. This leads to very high accounts receivables and more dilution to finance this.