It's hard for us to know the true value because they are so quiet about everything but I find tons of stuff. The only debt they need to refinance is Ribotsky's because it's secured. The rest is IOU's. It's going to be hard for them to come to investors and ask for more common shares without being more open so they can offer preferred shares because they have 20M available. I believe they will eventually receive some Chinese government funding and the terms will be better but it might not be enough to realize all their goals. There are also innovative ways to gain funds and reach goals and protect potential investors like creating joint ventures and stuff like that. I think eventually they will get something figured out. Their business plan is 100% inline with Chinese Government goals.
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