As much as I admit there are some loose ends,there could be a reason for all of this.
First of all this company has been around for a while and used to
file regularly with the SEC. Something must have happened on or about November 2010 and early 2011 which led to their delinquency and subsequent delisting.
The official record with the SEC points to some internal wranglings, CEO resignations, desire by a subsidiary to not be a publicly traded company, coupled with the expiration of the license of their auditor.
I see a company here trying to get back on its feet as far as filings and maintaining a good public image is concerned. I'm going to give them the benefit of the doubt. It might be a gamble, but the risk reward ratio says it's worth taking.
I refuse to believe that a group of crooks would be able to outsmart us all in this manner and falsify several documents such as leases to land, statement of beneficiary ownership and what have you without being caught at least once.
I have also checked private blogs and Fujian province website and located the address and name of the hospital facility they supposedly recently acquired as well as local newspapers carrying the story.
I'm willing to wait a couple more months. The truth will certainly come out. However unpleasant or otherwise.
