News Focus
News Focus
icon url

swampdonkey

03/19/11 1:20 PM

#27007 RE: Koufax #27006

Tom, if thats the case i can live with that as will the market. I know its commonish practice but i think this goes much deeper. For me we can overcome most of these issues in the mid term on the proviso that the business is still of the magnitude and earning capabilities previously stated.
icon url

eyedoc

03/19/11 3:37 PM

#27022 RE: Koufax #27006

Tom,

My question then becomes why does Dorothy Dong resign. My thoughts are that Zheng allowed the Lin brothers to use the company as collateral for a loan for their pharmaceutical business. In this case when it comes to light Starr has no choice but to ask Zheng to remove this and he should personally indemnify the loan. When he refuses to do this, a resignation would make sense. Any thoughts?