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Re: tradinghawk1 post# 2257

Monday, 01/11/2010 2:00:39 AM

Monday, January 11, 2010 2:00:39 AM

Post# of 163716
One last comment..

And why can't they get on the OTC-BB after many months of trying?

They are not "trying" to get to the OTCBB, nor have they been "trying" for months. They are "piggy back" qualified, they don't need to "try" anything, they will automatically be approved once meeting the minimum requirements. You do know what "piggy back" qualified means right?

With that said, it is obvious you are not familiar with the process of filing with the SEC, or the manner in which a Company must conduct PCAOB audits. There are certain audit and legal costs associated with filing. For those of us very familiar with the process, it is obvious the company is simply streamlining the audits and saving money in the process.

The hardest part is completed, 2006-2007 audits moved the company from China accounting to GAAP. 2008-2009 will be relatively quick and painless.

Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!

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