I will reserve judgement until I read the next 10Q due out within the next 3 weeks.
Should show decreased CDs and increased revenues. They are real close to break even point, so will no longer need private placements or CDs as their cash flow will support the business.
English is not my main language and it take me countless hrs to dig in deeply and also with combine of my source to help me fully understood the rule Regulation S and/or Section 4(2) I has place all necessary links for you to read, and the facts is don't lie.
Everything are in the files, STOA have the audited tier 1 not some pinky b/s unaudited files.
However I'm very unhappy the way stock's currently performing. Certainly I will not defending WANG's B/S performance, his lacking of communications with the shareholders and held him full responsible for decreasing PPS. If I have the power I will immediately terminated WANG>