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dannie30

12/13/12 12:12 PM

#5981 RE: hedge_fun #5980

what was the fees for the accountant for all that fillings, yes they spent money imo.
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amadeus

12/13/12 12:15 PM

#5982 RE: hedge_fun #5980

they are doing something that's for sure. the $64,000 question is what. a typical way to try and recover lost $$ for a failed biz plan is to reform as a shell, and merge into a new venture. then the question is what is the new business, and how is recapitalization structured for current shareholders. but there has been quite a bit of recent history of many chinese companies doing reverse mergers so if I were making a gamble, which I am, I'm purely speculating they will find another chinese venture that wants to merge, and if there is any R/S it will be small enough to keep the ticker tradable and liquid, and salvage something for current shareholders... that's a lot of ifs, and pure guessing.
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wakeupdummy

12/13/12 12:22 PM

#5985 RE: hedge_fun #5980

google 15d-sec
read going dark,very informative.
they needed to file a 10k in order to file the form 15-15d.
i think these guys are just gonna fade away.