China Electric Motor (fka CELM)

[roinor]

I would like to respond you're question so i'll share information I found out doing some research. Here are the steps I followed:

1) In January 11 we read that note: "China Electric Motor, Inc. Announces Acquisition of Shenzhen Guofa Optoelectronics Co., Ltd." Link: http://www.reuters.com/finance/stocks/CELM.PK/key-developments/article/2070578

2) After in March CELM publish 8k closing transacction. Link: http://www.faqs.org/sec-filings/110304/CHINA-ELECTRIC-MOTOR-INC_8-K.A/v213611_ex10-2.htm

3) At next link: http://www.gf-motor.com/g/ You have Shenzhen Guofa Optoelectronics website in chinese (of course I don't understand chinese). Anyway, if you select the list on the left side of the website you'll see that there are 6 option to choose, well select the second one and you'll be redirected automatically to CELM website: http://www.szmotor.com/index.html

Conclusions:

1) Once CELM signed transacction and published 8k Shenzhen Guofa Optoelectronics website updated his information showing that Shenzhen Guofa Optoelectronics is a CELM's subsidiary and that happened between March and now, so after all delisting process began.

2) Notice that they only have a good website in chinese version and not in english. Why? Well, all of Shenzhen Guofa Optoelectronics customers are chinese so it makes sense that they update that information more than to make hayppier some lost investor looking for some light in his doubts about China Electric...

3) I shared with you that information as you can see that there are som information about the company showing that there are business going on. That is one way and you should find your to make sure if CELM its a true or a fraud company... I'm doing my investigation, the information is out there... ;)