They have filled a few SEC fillings, settled the BS lawsuit and payed out about $250,000 to settle the suit, and are now saying they will update financials finally. There also has been a major stock holder that traveled to China and taped a video of the new plant opening and he has a web site up with DD tracking on it. I am on the fence right now, might risk day trading it some, but got out after holding for 4 years when it last popped over $1 (at a small profit as I averaged down) as I knew financials would take time....
It is a real company, but the SEC does not care. They only care about the Wallstreet crowd, and what they want, and current SEC reports. Some investors are holding even if the SEC shuts down trading as they expect a buy out or re-listing in China if the SEC turns out to be a pain.....
If I could trust the SEC to let it trade until the reports are all current I would buy here and now, but the SEC screwed me on 3 others already One was killed by GE, the other only after the SEC let Asher dump their shares for ages...first), so my appetite is reduced on these. I would love to see ABAT and CBAK and CSGH merge :-)
News 
Market Data 
Discover 
