Huifeng Bio-pharmaceutical Technology (fka HFGB)

[pappy]

$0.291 down $0.039 on "big" volume of 125 shares.

Market maker is in full control of the pps as long as this low volume continues.

I don't usually speak favoribly about mm but with the auditor still not signing off on 2010 results can you blame him for not wanting to pay much for shares without someone else willing to buy as well.

I am still holding my position here as i believe hfgb is not a fraud & has great growth prospects with a top 10 auditor.

However at this point I am not putting anymore of my 60% cash into this space until I see the audited numbers & a positive volume spike to the upside letting me know other investors also believe hfgb is legit.

UTA & HFGB 2 of my 5 amigos for 2011 in limbo, however the other 3 [wkbt nuin ckgt] have released 2010 "audited" results but you wouldn't know it by looking at the pps since they reported some outstanding results.

Making me even more willing to keep remaining cash on the sidelines.