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Re: Mattnyc post# 42842

Saturday, 08/21/2010 7:54:50 PM

Saturday, August 21, 2010 7:54:50 PM

Post# of 53986
when you calculate the number of shares times.. .50 cents.
it bring the net worth and market cap. of the company to over $1.5 billon atleast.

net value fhh sino is worth "According to recent appraisal prepared by an accounting firm in accordance with China accounting standards, FHH Sino has net assets worth RMB 370 million (approx. USD 54 million) and will generate annual revenues of RMB 100 million (approx. USD 14 million) after its completion of construction of Phase I and execution of signed rental contracts business in early 2011.".
the figures don't add up with .50 cents.
that is not to say after it lands on the NASDAQ that things might change. That may mean the share structure may change.. but throwing any number like .50 is crazy with nothing to back it up!!

before we get to there I would appreciate .02 or .03 for now..
GLTA
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