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Re: hebercreeper post# 2078

Tuesday, 06/07/2011 6:31:40 PM

Tuesday, June 07, 2011 6:31:40 PM

Post# of 2140
Integrity Intact .... These folks are not trying to hide a failing or fraudulent business. I was extremely positive when they started down the path of cleaning up their accounting in their previous filings.

IMO there are 2 reasons why they are slow to responding to shareholders, albeit still operating in a profitable and progressive manner ....

1 - Complexity and cost of a publicly traded company accounting they didn't expect

2 - The reduced valuation and share price of the company resulting from global economic environment / investing, and negative response resulting from other fraudulent Chinese/foreign companies and ongoing negative perception as a whole.

Absolutely no question this is a going concern, as I am progressing in identifying a local Chinese representative with a vested interest in CSGJ's success and also supporting the shareholders objectives of a fair value share price.

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