Replies to post #7803 on China Technology Global Corp (fka CTGLF)

[montello2000]

As of March 31, 2004 it had working capital of $3,655,000

As of March 31, 2005 it had working capital of $29,452,000

As of March 31, 2006 it had working capital of ???

Cash as of March 31, 2004 was $2,059,000

Cash as of March 31, 2005 was $13,072,000

Cash as of March 31, 2006 is ???

When we can fill in the question marks then we will know the value.

It's at 3 cents because people who know no more than you or I got scared and sold. Nobody, nobody has any inside information on this company including the recent posts that may have caused the fall in price. The thought about CTGLF closing it's doors has no basis in fact at all, nada, neit, but somebody got a lot of shares very cheap because of it. The links posted here were very select to push a point but are not the whole story, in fact only a tiny very slanted idea.

[CUinvest]

The company is at 3 cents because investors still hold stock in the company. Plenty of bankrupted companies have higher stock prices than should be the case because of investor stubburdness. A perfect example is CPICF a company that no longer has any business what so ever but still trades for close to 7 cents. I should also note that while CTGLF is not completely bankrupted, they are in serious financial trouble which is another reason the stock is still trading at 3 cents. There is still a little hope that the company could sell its business to another company and emerge fnancially stable but for me I would rather not risk it. I wish the best of luck to all who still hold shares and hope that CTLGF is bought out by Pearl Oriental allowing the company to do what it was meant to do.