Replies to post #8497 on Great Tang Bid Technology Inc (fka GTBT)

[UHCougar]

My email to David and Neil:

David-

I’m sure your inbox has been flooded lately with emails from concerned investors, as would be expected. We (ESP investors) have come into contact with a chemicals supplier in South Texas that has warned us of ESPs inability to meet their short term obligations. In light of the stock’s 80-90% decline over the past several months, we highly doubt that any creditors will have faith to accept additional warrants from the company. These factors coupled with the Q1 decline in sales gives us the notion that the company will not survive over the near term. Unless you want us to dig deeper by contacting ESP suppliers & customers to gather our own intelligence, I suggest you issue a shareholder update on recent development and a financial outlook for the company. Remember, it is against the law and SEC regulations to mislead investors. I believe being passive by not sharing any negative news would also qualify as misleading.

Regards,
Chase