Long, if it was just the paid promos I'd agree with you. But Tsingda has not only registered with the SEC to go public, they are a huge company in China, with 2500 learning centers across 1300 cities in 23 provinces. I think they're the real deal, but what I think doesn't matter. The SEC and FINRA have to be satisfied that they are who say they are, and have done what they say they've done. You can be sure that SEC will want to have bank statements that they receive from the bank, and not from Tsingda and so forth for validation. Chinese IPO's from reverse mergers are being heavily scrutinized and rightly so.
Long, I guess my question to you is: do you think Tsingda is a scam? Do you think they have no intention of going public?
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