This has been an expensive lesson. I sold enough shares when it was above $0.20 to keep me from feeling like a complete loser. At this point I can only lose what little is left, so I'm holding. It may not be rational, but it's my choice. I can't escape the feeling that there is more to the story. The company's already-in-place structure might be worth something. I have several sub-penny stocks that I hold forever until they pop enough for me to recover my money and maybe make a little. Lately I've been coverting those funds to more stable, more transparent, dividend paying stocks.
I did, believe it or not, get a reply email from Dr. Robert Fung Hing Piu explaining that he resigned as director of China Technology Global Corportation in March of this year. He is currently a non-executive director for Pearl Oriental Innovation. Unfortunately, he didn't answer my question regarding the current viability of CTGLF.
In case nobody noticed: Pearl is now occupying the exact same office space that CTGLF used to have. Check the addresses on the CTGLF SEC filings this past summer - they changed. They are now at Noble Center. I wonder if any of the other companies at Noble Center would be willing to send someone over to knock on the door?
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