Replies to post #300 on China Architectural Engineering, Inc. (CAEI)

[gbrad86]

Thank you for your email Mr. Bradford. However, the post isn’t accurate. Can we speak via phone? I can conference in the others in the email as well.

Thank you in advance,
Haris

From: Bradford, Glen Richard
Sent: Wednesday, February 18, 2009 2:05 PM
To: Tajyar, Haris
Cc:
Subject: CAE Question

Hey,

I came across this post on google. Could you clear up the validity of it for me:

Back to fundamentals and take a look at the latest 10Q:
- Revenues doubled but 41% unbilled
- Contract receivables grew by 6 times
- 63% of cash restricted
- Charge over the company's shares for financing
- Related party purchases from and advance to Canbo
"During the nine-month period ended September 30, 2008, the Company
purchased construction materials amounting to $5.0 million from
Guangdong Canbo Electrical Co., Ltd." "the Company's advance to Canbo
was $2.8 million." "the Company used $7.1 million of credit through
such bank acceptance notes."
See what the purchases vs. business of Canbo.
Canbo is a manufacturer of dish disinfector and home appliances and
managed by Chairman's brother.
http://china-kangbao.en.alibaba.com/aboutus.html

Please include the people Carbon copied in the return e-mail.

Thanks,

Glen Bradford
Purdue University
Masters in Business Administration
Bachelors in Industrial Engineering
School of Engineering Student Ambassador

www.glenbradford.com