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Re: tootalljones post# 192

Monday, 11/22/2010 6:24:28 AM

Monday, November 22, 2010 6:24:28 AM

Post# of 2927
tootalljones I am trying to reconcile the confidence of this board with the negativity of CGS.

The point wasn't meant to be derisive, your words, the point is that people can say "oh it's another Chinese technology firm fraud".

TSTC should be able to distinguish itself from these failures. The FCC is a good point - clearly any technology TSTC has had to be compatible with the rest of the network. We know then that TSTC's technology is a working and valid technology.

Another point is the length of time they have been in operation. This hasn't been a fly by night operation like BORN which IPO'd this year. Though RINO was listed for 3 years before the fraud was discovered by muddy waters [1].

RINO claimed that it had relationships with companies that it really didn't. A way would be to find Telestone mentioned by China telecom, China unicom and China mobile. I have been googling without success:

"china telecom" telestone
"china unicom" telestone
"china mobile" telestone

Finally, while we know that it's FCC compliant we don't know the quality of the product. Is there any none telestone documents that attest to how good their current and WFDS products are?

I have held a small position of TSTC currently 4% for over a year now. It's not in my interest to give them a hard time. I believe that TSTC is the real McCoy and that it will do well in the coming years - however as it stands I can't prove that to a skeptical board.

I think CCME, LPH & NEP are popular because they understand the company while far fewer, understand TSTC.

rich

[1] http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=6262359&SessionID=2XWZHCxxrr5qg77

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