Replies to post #1787 on Cellular Biomedicine Group Inc (CBMG)

[richrichrich]

It's really becoming a question of how many times they are going to "promise" an IPO, and it just not happen.......The latest promise was Nov, and if not, then by the end of the year.......If we wait through most of Dec, and they make a new promise of "sometime in early 2012", then it's simply not at all likely to happen early 2012, or for that matter, EVER........I'm beginning to suspect that to hold off "forever", may be more profittable for Tsingda, since a short time ago, they had a large sum of money fall into their hands........Maybe they just keep holding off, and that happens for them again, and again........

[drinkyerwine]

it has been a long road and we all are a bit frustrated with the progress.
The whole china-US stock exchange market has been stomped on by various forces, leaving a very different outlook into these companies that do use this method of finance; not to mention the fraud in these chinese"companies"...
Tsingda has done everything but bring it's ownership and cash to the table, and this will happen when the market appears to be in their best interest to start selling shares.
The only thing that keeps me interested and my $$ here is the FACT that I have the dividend TSIN shares in my Scottrade acct.

We can only wait for the day when all of a sudden they are listed as having value of 4$ a share....
I can understand the difficulty in this environment for the delay, and I am still hopeful that these shares in my acct will be funded as the market rebounds through the Santa Claus effect and a good holiday season in the US and a good earnings season in January.
I also get the gut feeling that there are other reasons to delay until the new year--2012--- for tax and other reasons let alone the chinese government...or the chinese new year, etc
I would think that the middle of January would be a good time for the market to take on this growing company (TSIN) that my chinese coworkers are familiar with....

holding, drinkyerwine