Actually, I'm thinking of getting in this one. I've been watching it for years. Its not a Chinese US listed reverse merger which is a huge plus, its an IPO with a Nasdaq listing.
It appears that it is going to hold above one buck which is real nice so as to keep the listing. Other also fraudless (I hope) companies like Shiner, BEST, are looking at losing their Nasdaq listing anytime now unless they reverse split.
With a trailing P/E of about 1.5, the only thing Tianli needs to gain again, along with many other Chinese big board listings, is for trust and the subsequent valuations to return to the survivors of the Great China Purge.
malc
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