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Friday, 07/20/2012 2:56:56 PM

Friday, July 20, 2012 2:56:56 PM

Post# of 8064
Just opened the letter from MZ Group. Here's a quick blurb for those who haven't received the info:

"In the past 12 months, Longhai Steel has made significant progress in its corporate governance, business expansion and financial strength. The most notable achievements include a new management team comprised of senior executives with extensive capitaal markets, industry and regulatory expertise, hiring Marcum as its new auditing firm and Pillsbury as its legal counsel. Longhai Steel completed its 2011 10K with no restatements or reclassification's. The company also installed a new ERP system in July 2011 and completed construction of its 2nd steel production facility in Q4 2011, which expanded its production capacity by 60%.

MZ Group looks forward to working with Longhai Steel in accomplishing its public markets initiatives. For more information on current Longhai Steel progress and a corporate update please visit your personalized secure Longhai Steel website"

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