I agree that some of the mgt team have good bio's and are probably well connected. I believe that might go to the vision piece I gave Dr. Fan credit for in a previous post. Execution is another story and they are not executing. There is more to execution than a couple of pictures on a SHAREHOLDER Devloped website or a week or two of road shows seven months ago.
To suggest that it's a mm or shorty screwing up mgt execution is missing the boat. If these guys are making money because mgt can't get their shit together then more power to them. I invested because of the mgt team, the vision, the taglines and the mm's and shorts are squeezing me but can you blame them? They saw an opportunity to make money off poor management execution while we sit back and all but beg and plead for a financial release -- which I might mention they stated would be out in Apr, May, Jun, and the latest line early July.
I would be interested in some of the views of our more China experienced board members to shed some light on Exeuctive Mgt turn over - is it common, can American based shareholders influence, does the parent company every smack pee wee mgt teams down for incompetence etc etc.
To let a shareholder board be your main channel of communication while your pushing four months past a due date that mgt set is disgraceful. That is the type of execution we've exposed ourselves to. The weaker the mgt team the higher the risk....mix it together and you get a dime.