Replies to post #2046 on China Shuangji Cement Ltd.(fka CSGJ)

[germoney2]

I took this from the yahoo-board on CSGJ, and believe there is a lot of truth in it:

I also sent an email and this is the answer I got.


We were the IR firm for the company. They have not provided us with any updates other than what has been released publicly in PR's and SEC filings.

We have been pressing them to get their 10k filed to maintain their fully reporting status and provide investors and the market with information as per the business.

I live in Shanghai and represent other companies that are listed here and talk with investors, bankers and CEO's regularly. It seems that this company and many others are dismayed with US listing and the low valuations. I/we keep telling them that they need to step up (or maintain) corporate governance, transparency and communications. We hope they will communicate better and file their financials.


Regards,

Robert Haag
Managing Director Asia
Hampton Growth (HGR), LLC
[phone]


Perhaps they simply do not want to waste more time and money for something as ridiculous as these valuations, as they do not serve for financing any more.