Replies to post #244 on China Power Equipment, Inc (CPQQ)

[GorillaGorilla]

I'm sure Snow would also point out that the receivables are 3M versus revenues of around 8M - which is pretty good. And that in the last quarter, at least, CPQQ was financing growth through free cash flow - obviously the longer it can delay any financing the nearer we will be to the opening of the new factory and the better the terms will be.

rich

[snow]

I agree with your points of view. I personally am invested in CGKT, CPQQ, BSPM and SBAY. Not long ago CNOA was my favorite but it was a let-down that the activity that last year had created two-thirds of the profits contributed next to nothing last quarter. I lost interest in SCLX because of its financing among other things. SBAY (MYST) had been disappointing so far because of its rapidly increasing sharecount.