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jtomm

08/24/05 12:40 PM

#20514 RE: twoggle #20511

Thanks much, twoggle. That's more reassuring.

Any thoughts on the G&A expenses being so low?

2morrowsGains

08/24/05 1:16 PM

#20525 RE: twoggle #20511

More on HRBN...As of December 31st, 2004, HRBN had 110 employees. The operations of the Company started in April 2003. Their auditor is Kabani & Company.
Re: Kabani & Company....
"The Accounting Report by Art Bowman, a prominent accounting industry e-newsletter, has named Kabani & Company, Inc., as one of “America’s Top 75 Auditors". The same issue, published in April 2005, listed Kabani & Company, Inc. as fourth (4th) fastest growing auditor in the United States of America."
Kabani & Company's audit staff and senior management visited Harbin Electric in China, in October 2004.
Here's HRBN's fact sheet...
http://www.harbinelectric.com/download/FactSheet.pdf

Still DD'n, but I think it's only a matter of time before this one starts going up. We'll see what happens.