J,
I just visited the m2p2 website and they have posted their 2012 quarterly newsletter. They mention that the Chinese operations are doing well. This jumped incredibly high today. I have 1,000 shares at an average of .95 so I was excited to see this jump so fast on the first day trading. You're right that this grey market, and shows no bid or ask on my scottrade account. Time will tell either way, let's just hope this stays in dollar land.
GL everyone, I hear a pig squealing wee wee wee........