Replies to post #16978 on Xinliwang Intl Hldgs. Co. Ltd. (XLWH)

[skyrocketinsight]

Shell or no shell, Han. Davenport still left a trail and he can be held accountable. I do not think he is that dumb and wants to go to prison or be held for huge amounts of shareholders money.

Again, let me reiterate, I have a list of what JD says, in PR's and copy it before it can be deleted somewhere down the road.

[Chris21]

As a pinksheet company (OTC) they are exempt from reporting. Pinksheets service will give you a status of "currently reporting" if you provide quarterly statements, but you don't have to. I know there are a few SEC requirements for registration documents and what not but there are plenty of companies that haven't reported things in years.

SYMW isn't a shell company because they do have an asset, even if its intangible. The fuel cell prototype might not exist physically yet but the design plans and patents (?) are intellectual property.

This is a R&D company... things don't come fast and they don't come consistent.

I don't know why there is this expectation for them to have developed a cutting edge hydrogen fuel cell after partnering with a small university and somehow a PPS reflective of a company that doesn't have much.

PPS = expectations.

[skyrocketinsight]

Han,

On this one, I would also have to disagree with you.
SYMW did put money out there (hundreds of thousands of dollars)for technology rights. At least that is what they have said.