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adijas

06/23/15 3:52 PM

#201 RE: MaterialMind #200

Well, I didn't get screwed, because I sold before the RS and just got back in today.
Dilution is not the main issue here, if you look at the volume. The big problem is company had a very bad Q1 with a net loss. They obviously lost a big foreign client. The RS was meant to uplist to a higher exchange, which I suppose wouldn't go through now. I mailed IR about that, but didn'get an answer yet. On the other hand, this company still can have a bright future. They are expanding the franchise stores in China very fast, and e-commerce is also growing. So I have no doubt at some time this will be a very profitable investment. The OS is only about 2 million, so it can go up as fast is it got down.

If yoy go through the latest annual and 10Q, you can learn a lot about this company.
And here is the re[ort of the CC they held a few months ago http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110866421
Here are some research reports http://www.otcmarkets.com/stock/CHFR/research