Your not going to find what you are looking for on a message board. It takes a little effort on your part if you wish to obtain answers to your questions.
I also already asked the CEO why the hold up. His explanation was quite simple, they had a delay completing the 2006-2007 audit. It would have made no sense to move forward with the Form 10 filing so close to the end of the year. It costs a lot of money for China companies to be audited because the American audit firms must travel to China. Instead of having to conduct two audits within a 4 month period (Initial Form 10, then Form 10-K for 2009) they opted on waiting until 2009 to complete both 2008-2009 in tandem.
You might know these things if you took the time to find the answers..
Again.. you will never find complete DD on a message board.. you must find it on your own.
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