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rheddle

07/26/07 2:43 PM

#6900 RE: DaddyCoopDogg #6898

I know - I thought Mo did well getting those .25's today. I got mine a while ago to average in the mid three's now, which I am very happy with.

I hope they don't dither in getting the filing with the audited financials out. One of our fellows on the board made a good point yesterday saying it is in their interest to get the financials and profile out as quickly as possible. Bryan told me recently that the Chinese are not happy with the shareprice where it is, so they know what they have to do:

1. File the financials
2. Issue a press release with a company profile and financials (including revenues, earnings and annual earnings growth), plus a brief on their business plan showing where they expect future overall growth and also earnings growth to come from.

It's their own fault the price is not higher, because the original filing said nothing about the company at all and biomedeng came up with the goods on their identity and then we got some good info on them between us. The original filing mentioned the new CEO as having experience in putting on charity performances, but told us nothing about the company.

If they want the share price up, they need to do the above IMO. At least the filings with the financials will help to get things kicked off, but Greentree Financial (as Dazhu Fuda's consultants) ought to know what to do to increase market awareness and fill in the gaps.