Bruce,I said in aboved post KY lost credit because of last fail merge and dilution whatever two or three fail merge before as you say. Do you check the chart of INBG,KY got nothing except dilution. At such low price,I think KY got money of less than half million due to dilution. I believe KY is not a poor guy, he has big dreams to be millionaire even more just like you and me.Considering debts, KY maybe got one and half million,but you donot know how much he had spend in China last couple years, it's very expensive to build relationship with government and local monopoly company. Further more, I think KY failed last merge on purpose. you know when KY stopped merge last time,but do you know when FHH sino build. If you track down,you would be very surprised.Is that coincided? I don't think so. That's why I am very interested in questions I mentioned before. My 2 cents. good luck.