They have been very honest with their communication with you and others. They promised you Form C in the new year and you got it. I don't know why you do not trust this they sent you too:
it is difficult to move cash from China as well as it already being used in our Chinese operations. We intend to pay the dividend before raising the funds as soon as or shortly after we become an effective reporting issuer.
And don't forget the Catch 22 discussion lately that to become fully reporting they must disclose their assets and to disclose their assets they must first become fully reporting.