Replies to post #11371 on First China Pharmaceutical Group Inc (fka FCPG)

[fcpgalltheway]

Red, I promise that after tis Winter I will not say one bad word about Summer when it arrives. And I certainly hope that by June 21 we will have seen all the financials for this company along with good news for a bright future, and most important the price of this stock moving up once again! Without the PPS being up everything else about this company will be meaningless...

5 items have to be filed:
10K for 2012
10Qs for first, second and third quarter 2013
10K for 2013
and one more item...8K.

The only reason why I am confident about this company right now is simply because the Marcum people have no choice but to do the job right and their reputation is at stake--they cannot screw up on any of the filings which must be acceptable to the SEC the first time that they are filed!!!

As I have stated earlier, once the filings have taken place then Tse or someone else can approach banks or private lenders and try to get needed funding to expand the business. My belief is that since Wang has no choice he will have to take whatever steps are needed to get new funding--if he cannot get the funding in China directly, he has to depend on people in the US who have helped him before and try to get a deal here. Again, I will say that the good reputation of Marcum will be the leading factor that will determine how lenders will view this company--I believe that the Marcum people might also be involved in bringing prospective lenders into the fold since they will also benefit the most if this company expands and utilizes their services contributing to accounting fees that will increase as First China expands. WITH 4 OFFICES IN CHINA I SEE NO REASON WHY WANG WOULD NOT TURN TO MARCUM AND ASK THEM TO BE THE MIDDLEMAN IN HELPING OBTAIN FUNDING RIGHT THERE WITH ORGANIZATIONS THAT MARCUM DEALS WITH!!!!!!!

I believe Wang is a survivor and he will not allow all his work in building up this company to bring him down again to square one...I hope that shareholders who have funds to spare understand the logic of all this and realize that maybe at the present price this stock is one of the best bargains compared to other stocks that have already reached their limit.