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joanie

05/27/11 8:51 AM

#1364 RE: pire #1363

Other companies will choose EBIG to take them public if they see EBIG using good judgement and execution; i.e., succussful IPO debuts. As I said, the reason they go public is to raise money for capital improvements/expansion etc.

Look, I don't know if waiting is going to make things better or worse. Obviously from where we (tiny retail investors) stand, we want it done yesterday..... that's a given. And if you think WE want it done, you can be sure that EBIG management is more than eager. They have way more skin in the game than any of us here. Their entire livelihoods are on the line with this. If anything, it's probably killing them to not already have several IPO's trading.

I doubt any of us have any information that they haven't already thought of that would be helpful to them in terms of making the decision of when to go public with Tsingda and Wonder.

I guess the bottom line is that if an investor doesn't trust the management's judgement and ability to do the job, then they need to sell. As of late there are large bid orders just waiting to gobble up shares of people being frustrated by the delay.