China 9D Construction Group (fka CNAG)

[sunsailor]

New 9D Website POSTS TODAY 3-20-2011!
'Overseer + Supervisor' has new construction progress images.
http://www.9dzs.cn/En/superdata.asp?CaseID=4&BigClassID=69&DesignID=14&jingliID=7&FangID=8
SEC will decide by MAY 2nd. Just what are you proposing?
You can positively assume everyone has contacted them without much response at this time while in litigation proceedings & under attack by manipulating Hedge Funded Shorts with Sector Abandonment campaigns of FUD = Fear, Uncertainty & Doubt. http://www.9daoli.com/aboutus.asp
After clicking through these THREE WEBSITES WITH THE HUGE FACTORY, you have more of a long term perspective, at least.
PROOF of German Innovation:
"Hangzhou 9d Aoli Furniture Co., Ltd. was incorporated in 2003 and came from Jiuding Furniture Factory in 1989, which is a subsidiary company under Jiuding Group. Our company is one of the early well-known furniture companies in this area.
Hangzhou 9d Aoli Furniture Co., Ltd. invests huge sums of money in introducing first-class furniture production technology and auto-assembly testing lines from Germany, Italy and other advanced developed countries. Our company is not only equipped with advanced production equipment, but also has a good management system and excellent design and manufacture team, with a number of senior management and product development personnel, to ensure our Aoli brand products have leading innovative technology and stable capacity.
Our company is located in Hangzhou Xianlin Industrial Park, and covers an area of 28,000 square meters, with large workshops of international standards, modern administration buildings, and comfortable staff dormitory and restaurant. And there also are trees, clean living environment and cultural atmosphere of human nature and love.
Our business mainly includes four kinds: civil furniture, office furniture, hotel suite furniture, and decoration factory project. With excellent quality, Aoli civil furniture and office furniture are exported to international markets such as Europe and the United States, and our company becomes a stable and long-term partner of some international furniture companies. Aoli cabinet is a star brand of Aoli products, and has an independent standard production system. "The expert of solving whole kitchen" is the business way of Aoli cabinet. In order to show the living art of kitchen, our company has set up a large Aoli cabinet living museum in Hangzhou. Our company integrates the marketing network of Jiuding Group based on our independent management. So the business scope of Aoli brand extends into many provinces and cities all over the country.
Our company believes that quality of product is the truth; innovation of technique is the motivity. Believing in the service philosophy of "sincere, thoughtful, high quality", with professional management and manufacture teams as well as internationally leading production equipment, Aoli brand will continuously grow and keep on developing."
http://9daoli.en.gongchang.com/about
It's all subjective, without facts released by the SEC, or CNAG.
In lieu of Shorts manipulative fraudulent attacks costing millions of dollars to U.S. investors as well as the Chinese companies themselves; Chinese companies' general reticence to explain themselves seems merely defensive. A haphazard 'misfits' group of hedge funded short sellers and over-reaching wishful class action lawyers have turned criticising New York-listed mainland firms into a new cottage industry. It is often difficult for regulators outside the mainland, including Hong Kong, to investigate or punish corporate governance or accounting breaches unless they have the co-operation of the China Securities Regulatory Commission, which is never guaranteed. Other countries don't have legal overreach into China, and that includes the U.S.. America's aggressive crowd of class action lawyers - (litigators who hope to win big by signing up aggrieved shareholders to participate in court cases against companies who have allegedly misled investors, and taking a large chunk of any compensation for themselves) may be jumping the gun.
PURE FALLACY & MYTH: (What most hear so frequently)
-Reverse merger advisors should not be trusted. (LIE)
-Investors should not trust the financial reporting of Chinese Reverse Merger companies. (LIE)
-Accounting firms auditing the financials of such companies should not be trusted. (LIE)
-Investors have a high probability of losing money if they invest in Chinese reverse merger companies. (LIE)
-The group has been a minefield of revenue disappointments and earnings restatements. (LIE)
-China companies use a 'back-door maneuver known as a reverse merger to go public in the U.S.. (LIE)
-These companies fall between the cracks of market regulation. (LIE)
=>>> The problem is that the bashers are often long on story, but short on facts & proof of wrongdoing. But with their THOUSANDS OF SWAMPING DISTORTION POSTS, VAST NEGATIVE HEDGE FUNDED MEDIA BLITZ, & FRAUDULENT FAKE RESEARCH WEBSITES, it has overwhelmed the conventional rational wisdom opinions of most investors very prejudically. This constant illegal trashing manipulation of the Chinese sector is definitely genuine OVERT RACISM as well.
The companies that make up the majority of China Reverse Merger stocks are counted as very substantial significant businesses of the main Chinese economy. 70% of China's GDP is generated from companies with less than 2000 employees. While there have been financial discrepancies, restatements, and in a few cases intentional fraud perpetrated by some of these companies, it is clearly not the norm, but the exception, just as it is among U.S. companies. (Chinese = even much less so!) Most cases involve violating rules, which are rectified given appropriate time. I recommend patience, as they are under attack. With the SEC so understaffed & underfunded regarding enforcement of Short's illegal share price manipulations sector wide, the Chinese are stepping cautiously & prudently while attempting to understand all the ramifications involved first. Meanwhile, Manipulating Shorts argumentive tactics of FUD = (fear, uncertainty and doubt) & 'Sector Abandonment' are destroying millions of dollars of U.S. investors share values for fraudulent personal gain. Pessimism & uncertainty allows HUUGE opportunity! I wouldn't blame them if they took it private & deregistered.
I look farther down the road 5, 10 years, & see tremendous opportunity with optimism. But I've always like underdogs. Even if they list CNAG alternately on another foreign exchange, WE WIN!
Hope you've followed the experience around Weissach from my (related) posts! It DOES have related bearing to CNAG. I offer no magic solutions yet, but am working on it. Diversions to Weissach should help. This correlates an understanding to the German technical approach CNAG uses as NOT ONLY platitudes for their forward-looking statements, BUT IN REAL LIFE FACTORY ADAPTATIONS with first-class furniture production technology and auto-assembly testing lines from Germany! They do mention German innovation on their Website & in MOST ALL filings & for the furniture factory specifically. This needs more complete illustration. (CNAG has spent millions on this also with CAD software alone.) The engineering innovation CNAG speaks of already is demonstrated at the OLIVE 9D Aoli Hangzhou furniture factory. The constant DAILY (3) websites progress should give us optimism still. This post complies with 5A through 5J reviewed TOS, as well as Special Rules outlined to the best of my ability.