Replies to post #2243 on China Sun Group Hi-Tech Co. (CSGH)

[Toxic Avenger]

Because no one wanted to sell $60 worth of stock? That's my guess.

[Ecomike]

Some good news finally! This is from the Yahoo board:

To all the shareholders

As you may know, China is asking the US to seize assets of corrupt Chinese officials in the US. A petition has been created for getting Chinese government to use the money seized to buy-out shareholders of those US-listed Chinese companies that have either been revoked or been dark for two or more years. I would encourage all the shareholders to sign the petition at:

https://www.change.org/p/us-commerce-department-us-state-department-implement-the-proposal-with-the-chinese-government-to-resolve-the-us-listed-chinese-companies-stock-scandal-please-sign-the-petition?recruiter=181562446&utm_campaign=mailto_link&utm_medium=email&utm_source=share_petition

This will help all the shareholders. As you can see from the proposal, Chinese government will send a letter to the managements of all those companies (including APWR) that they will need to file all the financial reports to comply with US securities laws within 3 months or offer buy-out at a fair price not lower than 70% of the book values.

Check out the petition and sign it!