Joint Effort .... I spoke to one of the individuals. He has been speaking to management at CSGJ. This is a real company with real operations and assets.
One comment that stood out is that Wenji Song is a "cement guy" whose interest is the business.
These individuals are investors as well, and are looking to address the fact that the shares are undervalued.
I believe they have some ideas in the same line as I have been thinking, and are putting a picture together as they work their way through CSGJ's corporate structure and Chinese investment rules. E.G. I have been also looking at WHOFE (Wholly Owned Foreign Enterprise) etc.
These folks are further down the road than I am, have their feet on the ground in China and have an established contact/relationship with management. I have expressed my interest, as well as possibly many others that are on this board in a joint effort to get our value (and potential increase!) back rather than have two or three actions in progress.
I have asked if they could put some kind of "information/communication" together as to their approach and how other investors could be engaged. He will look at pulling something together in the next few weeks (i took this as 3+), ... notwithstanding anything CSGJ does as a company.
NOTE: this was over a phone call and IMHO is a correct representation of the discussion.
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