Monday, August 27, 2012 10:19:29 PM
After the last conf call i emailed an assoc in the ipo business. He said then that his contact said that dtc approval was backed up and harder(not sure what harder meant). The contact a month ago said that the dtc would take aprox 8 weeks to get to!
Ebig has been given different information by the market makers with all of the regulations changing so quickly with these chinese stocks, Uncle Sam at it again with regulations!
I think we should have a decision about Tsingda before we get more info on Wonder.If we had others trading it really wouldnt matter, just like a private public equity company.
The black ball in the jar is if they ban chinese otcbb stocks from going public or make the liability so great with the market makers with "dtc" that those type of companies don't get approved.
Only mergers would be accepted!
Then its a matter of taking U.S companies public which ebig has switched to by the way, if that happens then its a longer ride on this coaster!
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