InvestorsHub Logo
Followers 155
Posts 3954
Boards Moderated 0
Alias Born 08/19/2009

Re: Traderfan post# 59883

Monday, 11/22/2010 10:16:33 AM

Monday, November 22, 2010 10:16:33 AM

Post# of 94785
TXIC: I won't say that kicking out the old CFO/CEO is a good thing at all, but from what i've heard the person blocking the reporting was the CEO... He probably did not want to become liable by signing off on the document when it included the 7.7M "subsidy" to the related party company client in China.

Certainly a *very* risky investment as we are now at the mercy of the Chinese operating people with an iffy history. They might start reporting again now though, as this PR at least gave some communication with investors.

-Fernando
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.