Fascinating speculation, but the stinging reality is management
have accomplished nothing for investors since this shell was spun off. IF this is to move management is not likely to show much indication, that's there nature. Basically what you have here is a good old fashioned lotto stock.
Good luck with light bulbs in this economy holding my freebies but they need to bring something more to the table than good intentions before I throw money into this pooch.
I finished picking up some more shares. IMO, SUIP continues to be a fairly attractive shell, particularly when you compare it to some of the shells that have been getting quite a bit of attention on IHUB over the last few days/weeks/months. When you see shells with 100+M shares outstanding achieving market caps over $10M, I think a 6.3M share shell like SUIP trading at a $190K valuation offers a pretty interesting risk/reward.
Based on recent Nevada SOS filings, it is my hunch/belief that SUIP's management is still very much interested in acquiring mining assets/operations. For those who may not be familiar with some of the background/history on SUIP, the company changed its name to the current one of "Sunrise Holdings Limited" in March 2008. The change to a more "generic" name was done to reflect a potentially more diverse line of operations for the company, rather than just a mining-specific business.
I don't have text search capability on IHUB to see if anyone has noticed yet, but I would imagine that most investors are probably not aware of a rather interesting piece of information available on the Nevada SOS site. Shaojun Sun (SUIP's Vice President and CFO) filed a name reservation for "Sunrise Mining" about a week ago (October 25). So it wouldn't surprise me at all if some type of joint venture or RM with an Asia/China mining-related business takes place at some point.
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