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Chinapop

10/19/06 9:59 AM

#17 RE: stockpsychic #16

I'll tell you...

I believe that because CHCG CEO is pumping the stock to complete the acquisition of HSET thrue CFDL, the company delivered close to 1 million CHCG restricted shares to HSET shareholders at an average price of $4.095 per share plus $5MM in cash, last monday he hired Hawk Associates IR firm, the same as CHID hired, to promote the stock and find dumbos to buy the stock,do you believe a legitimate company would act like this to find 'investors'in order to pump up the stock price and help the HSET holders to dump their 1 million share above $4 ?
That's clearly unfair, if CHCG really wants to acquire HSET why doesn't it pay the price by itself ? why doesn't it try to get a simple bank loan or whatever similar to finance the merger ?
I guess they prefer the simple investors to swallow the BS and pay for that new merger, that's POS! get it now?