First China Pharmaceutical Group Inc (fka FCPG)

[Sharpshark]

Hey Bar

You seem to be the guy on the outside looking in. Why are you taking this position in this little stock? Seems a waste of your time?

You mention that this is a risky stock for investment. I would argue that all stocks on the OTC are risky. But people still invest in these companies because the risk/reward is great. We are looking for a big return and are willing to take the risk associated with the investment.

My take on FCPG
1. They are China based so that makes it more risky given the history of China listed companies.
2. The company has not reported for over a year. This is a huge flag for any investor.
3. The BOD is very weak and have made terrible decisions related to the advisors of this company.
4. The company has no American employees that we can see and talk to in English.
5. There are doubts about the accounting today.

We all know these risks but we have decided to invest. Much like people buy lottery tickets knowing their chance of winning are very low. But if we win the return will be very high.

Can you not see this point? This is not a blue chipper that is paying a good dividend. It is a shot in the dark!

SS