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Re: hedge_fun post# 5980

Thursday, 12/13/2012 12:15:37 PM

Thursday, December 13, 2012 12:15:37 PM

Post# of 11069
they are doing something that's for sure. the $64,000 question is what. a typical way to try and recover lost $$ for a failed biz plan is to reform as a shell, and merge into a new venture. then the question is what is the new business, and how is recapitalization structured for current shareholders. but there has been quite a bit of recent history of many chinese companies doing reverse mergers so if I were making a gamble, which I am, I'm purely speculating they will find another chinese venture that wants to merge, and if there is any R/S it will be small enough to keep the ticker tradable and liquid, and salvage something for current shareholders... that's a lot of ifs, and pure guessing.