This decrease in costs was largely offset by an increase in management fees, included in our general and administrative expenses, paid to Pharmaceutical Corporation, a company controlled by our Chairman, of $347,274 and $144,337 for the nine months ended January 31, 2009 and 2008, respectively.
Does not say that the money was paid to the chairman. It was paid to the corporation for general and administrative fees. That could mean a lot of things. Accounting,payroll, acquistion help, tax filing, SEC filing help, any number of reasons, could explain reasonablly the G&A costs just as well and more plausably than your conspiracy theory. Since it must be disclosed in the filings doesn't make sense to kill the goose that lays the golden egg.
But again, if you don't like China, or companies there don't invest there. _____________________
The things you have to watch out for when your dealing with these message boards is posters who seem to post negative, misleading, postings for no apparant reason.(on every board that they post on)