Perfisans Holdings Inc (PFHD)

[Go_Stocks]

Hi, Doc, do you want to expand your SWTS success to this stock? Then grab a million share at 0.30, you'll be in the driver's side, lol. I'm still in gathering info stage. I called their IR yesterday, the IR guy (Alpha) sounded very sincere and honest.

he said after several years of painstaking R&D, they finally got a killer product developed and ready to roll out, their next step is to do aggressive marketing and sales to OEMs, PC/network/telecommunication chip manfacturers etc. He said Asia (especially China) has a huge market for their product. Most PC motherboards are manufacturered in Asia.

When he realized I came from China, he said most engineers and mangement work for the company originally came from Hong Kong and China. He speaks Mandarin too and we started to speak Chinese. I am not surprised that they could sign contracts with eIDS Solutions (ASIA) Ltd and Zhejiang Orient Fibersense Photonics Communication (FSP).

But you must realize this is a start-up company and just ready to expand. They need capital to expand. He said they've three institutional investors fund the company, one is Platinum Group, one is Knight (NITE), I don't remember the 3rd one. He said they issued 40 million shares shares (OS), they need to issue 20 million more shares to these big investors to get the working capital, but the authorized shares are only 50 million, that's the main reason why they filed a proxy to increase AS. He said these big investors are in for the long haul, they wouldn't like to dilute the float and plague the stock price. It won't help their long-term interests.

I would keep an eye on the stock, accumulate it on dips (not aggressive buy on ask). The volume tells me the float is indeed not big, it is acting like a 4 mil float stock.

Here is the info for FSP:

http://www.fsp.com.cn/en/aboutus/profile.htm

FSP Holdings Limited. was founded in Canada and has been a leading worldwide Telecommunication and Data Communication System Solution provider with corporate branches in Canada, China, Hong Kong and Taiwan. FSP brings to the market with a rich selection of passive and active communication components, integrated optical sub-system, test and instrumentations equipment, bio-medical laser modules, intelligent optical modules, next generation MEMS optical switch systems, All-Optical-Network (AON) equipment, Broadband Access Network equipment, IP Telephony system Wireless MAN and LAN systems, Broadband Value Added Services and Engineering Manufacturing Services.

FSP offers a wide range of high quality products and equipment that can be used in broadband access and management. In addition, these high quality products and equipment can enhance performance of full-optic network, wireless network and storage network.

With its advanced technology and marketing management experience, FSP is keen on expanding greater China market. FSP has established several technical, sales, application support and service centers in Beijing, Hangzhou, Guangzhou, Shenzhen and Hongkong in order to better serve the domestic fast-growing telecommunication and network development. 　

FSP major objective is to be the excellent manufacturer of network components, equipment, systems and services. Its major strategic goal includes: maintaining close customer relationship; aiming for leading position in terms of technology; comprehensive product and service solution; focus on both manufacturing efficiency and product.

FSP welcomes cooperation with communication network system companies, government departments and research institutions, in order to keep up with the ever changing application demands.