afceast - I wish I had concrete answers to your questions. Actually, I think there are several posters who would like to provide a "definitive" answer. I share your concern & yet remain optimistic (in a horrid market environment) that HRCT, Yuanta, SA, etc. are 'making the right moves' under current conditions. I think we've GOT to give credit/patience to the underwriter (Yuanta) for telling us WHEN the timing for SA/ipo MIGHT be a bit more conducive to successful launch. THAT's what they do ---- far from me to second guess them. I can only attest to what was shared at the Roadshow mtgs.---- SA now proposed to launch ipo in April. As to the other companies coming to market.....NO DOUBT anything can happen between now/then. But, we do know it is THE PLAN to monetize those subsids. I do believe that IF we can get SA ipo out/up and running it will be a HUGE catalyst to more positive investing climate for HRCT and JV's. HOWEVER.....the overall market conditions CAN still hamper or take us down. Fact is that OTC-bb are now the LAST to get investor's $$$$$ ...and...
the FIRST to go when they need liquidity ie. margin calls, tuition payment:) and/or tax payments. So, in summary ~~~~ very much a wait/see game we play. Let's hope....ultimately...out patience PAY$ off !! EZ
p.s. TFN probably has the UTMOST viable perspective on these boards regarding HRCT ==== under promise / over deliver !!!!
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