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Tuesday, July 12, 2011 3:56:39 PM
Again, it was a very unprofessional CC. Way to much background noise going on and a very hard to understand his english someone else. If they are going to speak in English, I wish they would have someone either translate for him or find someone else that can talk on the CC.
I thought I heard something that Tsingda was valuing their busienss more than the bankers were and that is why they did not want the IPO right now. This is where I say, put it out there and let the market take it where it wants to go.
If anyone of the companies are doing what they claim to be doing, I think they should be buying back shares of EBIG. Should not matter if they are trying to raise money for themselves, but EBIG stock rising in value would be a positive and a way for them to show support for what the shareholders have helped them accomplish so far. Heck, they are reporting very productive sales numbers and should be able to do this on their own without bankers it seems.
I am not into flipping this, but am down about 50% and do not like that. I have been here over a year and things have not happened for the reason that they reported and that I got in for. Why talk about it? Just do it and then report it.
So Joanie, please don't tell me to just sell and move on. I am not into selling at such a loss. I just want them to do the stuff that they said and for the reason that I bought shares of EBIG.
There was a question from another investor requesting an idea as to the date of the IPO. If a CC is not going public at one time, what is it? I thought this would have been the forum in which to disclose this info. The person asking the question was also frustrated an things not being done it seemed.
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