If that were the case then there should be no reason whatsoever for this stock to not be going through the roof right now. It stands to reason that people would want to get in at all costs because the guarantee is 8x whatever they paid for it and those of us that do not want to take a 18 month payout would sell into the feeding frenzy and walk away with a nice profit. If it's that simple then why didn't they simply state that in the PR?
tallstahl, any chance you also asked them which assets exactly were being bought out? In other words, for this 10 cents of an unknown small cap's stock, will they being buying from GLCC the North American assets OR the CORE assets in China? Just curious if you found that out??
I know they PR'd awhile back that they were shopping the North American assets and had interest from various buyer's--supposedly--and if that is the case everything is fine. But IF they are handing away the CORE of the company to some unknown small cap in Europe for 10 cents...?????????....then that is aweful obviously.