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Re: Rames post# 84136

Thursday, 07/21/2011 9:42:06 AM

Thursday, July 21, 2011 9:42:06 AM

Post# of 94785
CHGY,

Jessie's consulting arrangement is to ultimately help CHGY to be uplisted to big board. 1.8mil shares is first installment. another 1.8m shares will be due either afer listing or 2 years.

http://www.sec.gov/Archives/edgar/data/1335137/000114420411039886/v227262_ex10-7.htm

CHGY will not go private or go dark based on this agreement. Jessie should have more actions to promote the company. Just don't know the background of Jessie enough. Hopefully it will team up with some well-known name like HCI.

Another details from Q. They did asset-transfer-and-lease of Heat plant to gain 9m cash. New short term 20m loan from well-known bank. These capital infusion makes their working capital positive. These are very positive signs that company is no-fraud, vibrant and in right direction.

CHGY is one of hidden jewels and epitome of honest but misunderstood, mistreated, undervalued china microcap name.

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