With Tsingda and Wonder in the hands of the SEC and FINRA, Keith and Norm did their job. Then there is Dwarf Technology, Arem Pacific, LongWen Media & International Air Medical Services working on their audits and subsequent S/1's. Things are shaping up nicely! This process took much longer than we all thought but I think it gives us investors a better feel going forward on the process and time frames involved. Its going to be interesting to see how this company evolves in the future after they get Tsingda and Wonder listed and a nice chunk of money in the bank. Will they stay a 3 or 4 man operation? will they expand their suite of services? I think the biggest change will be the ability to attract larger and better quality clients. Looking forward I see us trading in the .20-.40 price range by the end of the year, unless of course EBIG does a share buyback, that could change the share price significantly. Will be buying this week on any pullback.
It seems as though they are as close to getting a company listed as they have ever been. For those who are saying "if", and not "when", I'm curious as to why you feel that way. Incompetence? Lack of effort?
Wall Street always seems to exaggerate on the upside and the downside on the price per share of a stock based on news. I think we are severely depressed now, and the stock could shoot up the other way if indeed T and W go public relatively close to each other. I think we could trade up to 75c to a $1.00 on an exaggerated movement upwards - especially with the limited amount of shares. Looking for an exciting 2012, although I said that in 2009, 2010 and 2011........
imo if wonder and tsingda get listed close together we will test the high of around .19 and if there is any good news after the listings (which will be received in a more positive light) then we should be making new highs. We need that first listing and everything changes, no rocketing stock price imo but substantial gain with the first listing.