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scoobey-do

02/22/07 1:40 PM

#3754 RE: Myth #3753

mythbuster, lol No I don't think there is a lack of qualified clients for Redwood or a lack of interest in Chinese Companies. What I am very interested in is the investment community recognizing the quality of FSIN, since it will also increase the value of S3. It seemed like it took at least six months to complete the RTO process but it was probably more like a year. scoob
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Myth

02/23/07 9:59 AM

#3761 RE: Myth #3753

I wasn't trying to be funny scoob, just wondering why no other clients have been signed to date. With so many " qualified " co's why no deals closed since Fushi ? I thought I read somewhere that Redwood had a very strict criteria for prospective clients which whould explain the " small " line at the door. Fushi is a great story, if only they could have followed up with a few more this stock wouldn't be in the shape it is, but thats no secret is it ? I wonder if fsin's original plan to apply to the AMEX by the end of 2006 is still in the works. I believe a secondary offering was also mentioned.