InvestorsHub Logo
icon url

swannny

05/19/08 9:31 AM

#5413 RE: christofres #5411

you are right
icon url

itlogic

05/19/08 9:35 AM

#5414 RE: christofres #5411

LOL!

First off, your right:

8 000 000 Japanese yen = 77 208 U.S. dollars

Second off, why are they giving the currency in Yen? That's Japanese, aren't we talking about China? That would be the Yuan.

Maybe they meant Yuan because:

8 000 000 Chinese yuan = 1.14692 million U.S. dollars

They need to hire an editor, not an IR firm.
icon url

pushin pennies

05/19/08 11:15 AM

#5427 RE: christofres #5411

Who puts out these PR's?? They claim to hold a "fair" in Hebei but quote the revenue in yen?? Yen is Japanese. Yuan or RMB is Chinese currency.

The conversion is right if it is for RMB. About 7 RMB /$1 USD. They just wrote the wrong currency in the PR. Such a simple mistake. How can they goof that up?