It’s an ok idea but the time to do stuff like that is not after or during a beat down, the person or persons beating you down will see that as a sign of weakness. I spoke to the company and they are considering such a thing but will do so when the time is right. They know a lot of people have been accumulating, they are not willing to say who but they say they were courted very heavily by a hedge fund in New Jersey; the fund even came to China to try to close them on the equity line. They turned it down and have sense heard horror stories about this fund and its shorting. They feel he fund might of went short while they were on the OTCBB and may still carry a short position. They said they can account for almost all but 500K in the float and told me that if you look at the volume they have turned more then the unknown float above the current price so who would sell this low. None of the leaving directors hold big enough positions and many sit on other boards and SOX compliance issues would follow them. They did tell me they have set up road shows starting the 19th to the 23rd in New York to meet the street they said. Also felt IR would try to set up additional tv interviews. They said they are worried by the share price only as it reflects the lost confidence in the average investor. Fundamentally they felt they were solid and were due a correction. Mrs. Sim noted to me and said they would be pointing this out at the road shows as well that the company’s stock trades for less than 13 times trailing 12-month earnings. She concluded with the following, company is considering putting 2 for 1 on delay until price is sustainable above 10.00, they will fire the Transfer Agent if he hangs up on a shareholder (she said they were informed the same), and that they will do better communicating on 8k's through PR's so the situation is much clearer.
She also sent me an article that would seem to embrace the services the company provides, I will post it. I am confident that we have a stock that is a winner here its just going to take time. They care about us, they are not selling (so they say), and they are doing everything in their power to assist the stock, with 90% of the focus being fundamental and the other educating the funds on the fundamentals.
AI
