China Power Equipment, Inc (CPQQ)

[pappy]

According to yahoo= BV $2.39 & cash per share $1.62 as of last reporting period.

Seems Robert Fitzgerald according to his filings was disappointed that CPQQ didn't offer to do a buyback at lower prices.

His offer was a 25% premium over the $0.39 pps at the time of his offer.

Since 11/20/13 he had bought approx. 89,000 shares on the open market bring his total share holdings to 1,408,013 or 7.2% of total shares outstanding.

Mr Fitzgerald is a private investor who lives in Texas who provides equity capitol to undervalued high growth companies.

He & his family are the owners of the corp. he has to do his bidding.