""Here is a post from Yahoo Message Board from one shareholder"....(I think it is very informative)....."I actually toured all three of the plants in May, 2009. Zibo was four months from completion at that time. The fourth plant,Anhui had not been acquired at that time. All the plants include large dormitories for the workers. They are like campuses with attractive, high quality buildings and equipment. I saw the dark gray limestone rock ready for the kilns and felt the NPCC as it was being bagged at the end. The plants are there and, I hope, still in production. The CRO will not disclose anything about operations. The KPMG audited cash at the end of 2009 was $115MM. At the end of Q3 2010, the company reported unaudited cash of $120MM. Then in December, 2010, the company floated the $130MM convertible debt and received about $123MM after expenses. Cash on hand at that time should have been $250MM with debt of about $220MM including the balances from the two debt offerings. I think the business itself is sound but Chen has raped the company of the cash, using it for his other personal businesses. I plan to attend the BR hearings in Reno, NV on October 17 to try to get more information about the companies operations. If anyone can share any recent information from Chinese media, it would be appreciated".
