Replies to post #625 on China Finance Inc (CHFI)

[msgbrdinfo]

Yes, I agree with you guys that it will be cleared up soon. Regarding your assumption that chfi.ob probably disinvested in gfre.ob to diversify (is that right?), I'm hoping they didn't. The share price was much lower back then and it looks like from their stock purchase options compensation to their new director, gfre.ob is expecting a nice increase in share price this year.

Yes, just a guessing game at this point. Looking forward to this week...

[msgbrdinfo]

littlejohn, regarding the equity to chfi.ob for debt, GFRE wants to move up to a higher exchange from the bb. Maybe that's what they are up to? Using the bucks to acquire/diversify and get their share price up without doing a rs. I think you're on to something.

Another thing, the share price was in the low .30's when they did the equity for debt; 21M shares for $21M. Now why would that be agreeable? Maybe if chfi/Hua Yin was privy to business info that assured them that the price was going much higher? Maybe?
Well, just last week a new director was compensated for her first year partially with options to buy 100k share at an exercise price of $1.20. Now why would that be an incentive when the share price was about .60 last week, 50% less. And the share price has to, of course, go above $1.20 for the option deal to start paying off.
So...2 cases where it looks like they expect the share price much higher. chfi, IMO, probably didn't convert the shares to $$ in Jan /Feb and take a 70% loss. Hell, it's a double from there already!

I know! Just more guessing by me. Seeing how my guesses turn out probably this week will tell me if i should just shut-up from now on...LOL