Replies to post #1302 on A-Power Energy Generation Systems, Ltd.(fka APWR)

[gigmbwng]

Thanks Dingo.

Will be nice to get all this class action biz behind us and clear the deck for APWR to release financial statements now that the PCAOB accounting regulatory issues have apparently been defused. APWR is Liaoning Hi-Tech Energy Group with revenue exceeding $500M.

Given the stock price that was forced down by hedge funds and loud mouth short sellers, I wonder if APWR will consider privatizing and buying in all stock. By doing so they will eliminate their ability to access US and other international funds for the future, so they may well not choose that path. Rather, they could reapply to NASDAQ or go the route of the Hong Kong exchange. If they were thinking of buying in the stock, I expect they would have already done it. So, I look for an effort for them to reinstate APWR on USA exchange.

Wonder if Mr. Lu is still the CEO of Liaoning Hi-Tech or if APWR has place another individual in charge.

Let's hope 2014 provides a window into APWR strategies and a resumption of their global business.