Hong Yuan Holding Group (HGYN)

[lowman]

First of all rabbit, I gotta ask ya: how's your foot?

Few days back, you said somethin' about it gettin' run over or somethin' and I couldn't help thinkin' how rabbit's foot wasn't very lucky.

OK, sorry. I just had to get that outta my system. No harm meant.


Regarding R&D and subsequent marketable (world-class?) technologies, that is exactly what every investor should look for. The ones that are beaten down. Beaten down so badly, almost no one wants to touch.

Years ago, I found one of those. They had Cornell financing and hardly no one would touch it because of Cornell. Cornell was, at the time, the death-spiral toxic financing scourge of the Earth, as far as investors were concerned. Fortunately though, the Company had a world-class technology. Which prevailed. To the tune of a 60 bagger for me, but even more, in truth. Went from a bottom of .031 to a high of $2.39, over 2.3 years.

The moral is, toxic financing is not always a death knell. Valuable technologies can be saving graces, and while I hesitate to overplay CERP's potential, at the same time, I won't exhibit the audacity to condemn the Company either, merely because of debt. I know only too well that today's ugly duckling can be tommorrow's homecoming queen.