Yep cash is increasing! Solid quarter. Eanings for quarter .40. I think they are up to something. Hong Kong listing maybe??? great to see cash near $70 million again.. A couple quarters ago it got down to $50 million. I have just over 7000 shares currently. Will continue to accumulate to 10000 shares.
The balance of the deposit of $4,443,669 (RMB 28,000,000) due the Company will be refunded before March 31, 2013, and is included in Other Current Receivables on the accompanying December 31, 2012 balance sheet. Payments due under the agreement are as (i) RMB11,200,000 on or before Jan 31, 2013, (subsequently collected by the Company), (ii) RMB8,400,000 on or before Feb 20, 2013, and (iii) RMB8,400,000 on or before Mar 31, 2013.