CBGH HAS GONE THROUGH KEY RESISTANCE TODAY 0.025-0.03.
CBGH WAS A DOLLAR STOCK IN JUST LAST YEAR.
Then because of delays in fillings along with fear in Chinese stocks PPS went down dramatically.
CBGH recently has filed audited 2011 annual report and also a PR.
Their new business is carbon trading, exchange, finance and contracts. Chinese govt is investing billions of $$$$ in reducing CO2 emissions. CBGH CEO Alex Li has active Govt ties.
CBGH is now in the right sector and as per IR Johnson company has already started making money and IR expects CBGH to be profitable this year.
O/S 150M 85% HELD BY INSIDERS. VERY TINY FREE FLOAT AND WILL SOON BE ABSORBED BY LONGS NO DEBT NO DILUTION CLEAN BALANCE SHEET NO TOXIC FINANCING ZERO CONVERTIBLE NOTES
MOST IMPORTANTLY CBGH APPEARS TO BE THE ONLY PUBLIC CHINESE CARBON TRADING STOCK AT THIS PRICE.
CBGH CAN GO BACK TO DOLLAR LEVEL AS SOON AS MARKET SMELLS THE WAVE OF BOOM IN CARBON MARKET.
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