Regarding the form the 10q, it looks like both the Yangxi and Zhanjiang agreements have reached their expiration dates. So couldn't we be booted out any time? Yes, we have an investor to whom we gave 20% interest of Zhanjiang. Does the balance sheet show an appropriate resulting infusion of cash? What did we get in return for the 20%? And in Yangxi "as at September 30, 2010, the agreement is in good standing". But we still aren't building. We've been there for nearly 4 years!
The only item that seems to have appeal to new investors is that we cancelled 459,333 shares. However, we issued 38 million shares.
And what happened to Inner Mongolia!?
I just can't see how we are supposed to be happy this week and see 2 to 3 cents per share.
I own a lot of shares bought much higher and would love to keep the spirit. But I'm definitely losing my religion.
Maybe news tommorrow eh?
