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OldPro

01/05/08 4:51 PM

#402 RE: Mr. Zen #401

yeah good point...

they can't go straight on. They likely wouldn't go through the trouble of audited financials if didn't have a plan that eventually included moving to higher exchange though IMO.

Good first step would be to respond to the halt with statement defining actions being taken to remedy, including release of audited financials. Chinese companies are a natural for SEC scrutiny - but the ones that can provide some proof of existence and viability can really pay off for the investors. They will hopefully do something quick - or they'll likely fall back into nothingness. they have gone through a lot lately in terms of website and other measures to try to prove themselves - they need to take a big step now.