China Stocks

[joenatural]

WKBT - a couple of reasons why it just might be the stock of the year .....

There was no liquidity whatsoever in this name and thus a PE deal at $2.40 somewhat makes sense. Dan McClory, the guy that put this deal together at $2.40 also participated himself and owns all his shares as of today. The minimum investment was $48K, so he has skin in the game himself, but not sure how much. Also learned that Hunter Wise has all their shares and haven't sold any either.

The unknown ? Alan Kelly will arrive at WKBT headquarters on May 22nd to examine the company and then decide whether or not to take a seat on the board and most likely chair the audit committee along with making non-deal road show presentations. Who's Alan Kelly ? He was CFO over 65K employees (Bata Limited) for 6 years before becoming President for the following 7 years. Not exactly your typical China small-cap musical chair player .....

http://www.linkedin.com/pub/alan-kelly/16/A96/671


"WKBT - Reasons Why This is a Total POS"
http://www.geoinvesting.com/forums/SingleMessageView.aspx?mid=10059&twt=0&fb=0&lnkdin=0#singleMsg