last time i thought about going with others on things.. it was converting my ccltf/cclwf/cccl/ccclw warrants to commons.
i said no then.. because warrants were way better than common
we still dont have enough information on this one, i'm not particularly sure that the chairman has a concrete game plan either.. i'm pretty sure he's just flying by the seat of his pants... trying to do what's best.
once we get some legs in china or somebody in front of the chairman, then we can come up with ideas ... but until then we need to get someone over there.
i can come up with mutually beneficial ideas all day long...
People here really need to realize that YES, it's absolutely possible for them to just give the US investors 1 bucks or even 70 cents per share or nothing. And why not? This is a chinese company you really think they are scared because of the SEC? They can do whatever they want. Just look at CGDI. They just completely stopped filing without any explanation ever. Bad luck for the shareholders. You think the SEC cares? Think again.
I think it's pretty clear that chances that US investors see a cent for their shares are below 10%. Everything above 1 buck in an offer would absolutely shock me no matter what the chairman told Northern. The CEO told Northern a few weeks ago that they will soon uplist. They are a bunch of friggin liars.
That said the 5-10% chance that they will give investors something comes from the fact that they did even file this 15-12g filing. They could have just gone dark like CGDI without comment ever. So that's the good news.
It is a bit earlier at this stage. Let's get some feed back from those who are China trying to arrange a meeting with Mr. Shi.
If it does not work out, we will need to find a way to put pressure on Mr. Shi. Mr. Shi is the representative of People Congress in China. He may care about his political status in that province. ENHD alos exports pork to Singapore. It will be helpful for anything we can do to put pressure on him to make him realize that he may suffer politically or his business may be affected.