Replies to post #96 on Sunrise Real Estate Group, Inc. (SRRE)

[Scotttrader80]

Id like to get some in the .25 cent range, any chance of that happening before the Q?

[funnyG986]

I talked to a few Chinese friends. I think this is what is happening here for SRRE.

Due to the China-US relation now, it is really hard for Chinese companies to get their money in Chinese Yuan to USD (this is also why silicon valley housing price is dropping). The Chinese government doesn't allow the bank to convert big amount of US dollar any longer. And Chinese Yuan are dropping hard recently. The only way for a company to get US dollar in a legitimate way is through US listing/IPO.

For SRRE, they have huge profit in terms of Chinese Yuan, and they are already listed in US market. They can do
1. divy to reward themselves in US dollar ( easy way to get USD from China, otherwise, it is impossible to get so much USD from Chinese government )
2. Uplisting to major US market and attract more US buyers that they can sell their shares into

Based on this analysis, SRRE will most likely divy every quarter as their quarter profit really skyrocketed in the past few years.

Just my understanding. If so, the few Chinese OTC companies should be the next wave out there.

[Ladebackk]

$4 on the ask