Hopefully they start bringing in buyers once the acquisition of M101 Holdings and name/symbol change is complete.
Based on the DD, I would not think they would have any problems bringing in foreign investors, it's very common for stocks on the Chinese and Malaysian stock exchanges to have huge outstanding shares, companies frequently IPO with billions o/s there.
Its the US investors is where they will have problems IMO, as stocks with this high an o/s are considered dilution machines on the OTC and have a bad reputation. It's not the case here, and not the case with the vast majority of Asian tickers, but only those who follow Asian stocks on the OTC know that......and that's not many US investors.
So this one is a really tough call for me, I'd like to buy more because this is has the most potential of any company on my watchlist, but the ss is way too high for my personal taste.
It's too bad they did such a large f/s, this could have been phenomenal, and maybe it still will be but we'll need foreign investment to make it happen.
All my opinion of course.
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