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Monday, January 21, 2013 4:05:37 PM
Some quick due diligence for Wuhan General Group (China), Inc.
O/S: 32,505,000 shares as of November 16, 2012
Market tier: OTCQB
Market Capitalization: $1,283,948
This is one of the newsletters I got (at 12:34 PM CST) in my inbox:
I'm excited to release our next pick and keep our winning streak going.
Put WUHN on your radar now
Unlike most penny stocks WUHN is NOT a start up.
WUHN was founded in 1958 as a Chinese State-Owned Enterprise which has since gone public now employs over 800 people full time.
The company has assets worth nearly 300x it's current market cap
Wuhan General Group China, Inc. engages in the design, development, manufacture, and sale of industrial blowers for steam-driven electrical power generation plants in the Peoples Republic of China.
Its blower products include axial fans that provide high-volume and low-pressure air for larger power stations and centrifugal blowers, which offer lower volumes of air at higher pressures in medium-sized power stations for blowing coal dust into furnaces, as well as for aeration in sewage treatment plants.
In addition, it manufactures blower silencers, connectors, and other general spare parts for blowers and electrical equipment. Wuhan General primarily markets its products to steel companies, power plants, chemical companies, paper mills, and hydroelectric power plants.
The company is based in Wuhan, the Peoples Republic of China.
SMS Alerts
815-A Brazos Street, Suit 208 Austin TX 78701
If you would like to see the promotion performance history for this promoter, you can visit my board and view a similar but more detailed post there.
I use custom software that tracks all major stock promotions and keeps records of their performances. I am NOT affiliated with any stock promoter and I provide this information as a courtesy to supplement your own due diligence.
Any post I make is not a recommendation to buy or sell.
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