China Finance Inc (CHFI)

[1hothand]

Doubtful they care about pinks. I'm wondering if a company insider could sell there shares without SEC reporting. If they are restricted from selling unless definete disclosure, that would mean the insiders are riding this down along with shareholders. So either they are Bankrupt or deliberately driven it down. Does anyone here on this board know how we could determine if some of the companies CHFI had liens with are still in business??????? I tried researching :Shenzhen HuaYinTong Electronics and couldn't get a accurate business.




This is the June Filing

Common Stocks - 15.72%
Small and Medium Sized Enterprises (or operating companies)
in the People's Republic of China

* China Organic Agriculture, Inc. - 1.30%
(par value $0.001) 1,729,273 380,440
* Gulf Resources, Inc. - 5.46%
(par value $0.001) 3,339,000 1,602,720
* Home System Group - 0.09%
(par value $0.001) 480,000 26,400
* µ Jade Art Group, Inc. - 8.87%
(par value $0.001) 4,340,700 2,604,420

Total Common Stocks (Cost $9,164,596) $ 4,613,980

Loans Receivable - 75.81%

Shenzhen HuaYinTong Electronics - 49.22% *****
(9.00%, due on October 15, 2009) 14,441,656
Shenzhen HuanYaTong Investment Ltd. - 26.59% *****
(8.50%, due on April 1, 2009) 7,801,325

Total Loans Receivable $ 22,242,981

Real Estate Held for Investment (a) - 5.27% $ 1,545,727

Total Investments - 96.80% $ 28,402,688
Other Assets less Liabilities - 3.20% 938,509

Net Assets - 100.00% $ 29,341,197