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FAB Universal Corp. Common Stoc Message Board

  • djt1223 djt1223 May 21, 2014 3:10 PM Flag

    FAB contracts for 80,000 units

    20 May Hebei News Network #$%$ water, Liu Liang, Huang Lei) in the 2014 China International Economic and Trade Fair • Langfang, Langfang Dachang Hui Autonomous County of two high-end projects a total investment of 5.11 billion yuan in the successful signing.

    It is understood that the two projects are the contract manufacturers provincial key projects, namely, a total investment of 40 billion Terminal 5C series digital production base construction projects and a total investment of 1.11 billion yuan in the set of airport equipment production projects. Among them, a total investment of 40 billion Terminal 5C series digital production base construction project group established by the FAB wonderful, the main building of manufacturing, warehouse and business intelligence system application demonstration of the four functional areas. After the completion of the project, expected to produce 80,000 units of digital terminals.

    FAB 5C Group produces wonderful series of digital products has 55 national patents, copyrights and currently has the largest terminal software patent high-tech products. The total investment of 1.11 billion yuan in the project by a set of airport equipment in many industries worldwide airport equipment, marine engineering has a leading position in the China International Marine Containers (Group) Co., Ltd. invest in the construction, the main production airport passenger ferry cars, fire engines ground working vehicle, AGV-smart car and other special equipment vehicles, planning and construction of the R & D office headquarters, four regional pilot training exhibition area, special equipment vehicle production areas, ancillary industrial Port area. After the completion of the project, expected to produce 42,000 sets of electronic manipulator, intelligent parking systems and equipment. Shores to accelerate the development of high-end industrial cluster denvironment, and promote the rapid economic development of the county in 1-4 months.

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    • I love it!!

    • DJ

      Excellent news. Thanks. I guess user LB... on our M.B. will need to turn up the hype against FAB still more....

      • 2 Replies to truthwantsout
      • Truthwantsout,
        I am very surprised why LB...did not respond yet? He is the one who ALWAYS responds against all positive posts!! What happened? Does this mean we get to hear some good news in June? I am optimistic but frustrated a bit after a long wait and when the company doesn't respond.

        Sentiment: Hold

      • None of this matters if they cant stay listed. Changing auditors at this juncture is not a good sign as there is no way they will be able to sign off on an audit by the hearing. Maybe they needed a scapegoat to blame the bond on but either way I cant see that being taken lightly. So he does have a point insofar that management has been abysmal in handling the situation especially with communication and really has no clue what is happening in China. Based on their actions they certainly dont have shareholders best interest in mind.

        I did call the SEC to get a date on the Oral hearing, I live in DC so if its open to the public I can attend, though they told me to call the company. I called the company today and finally someone picked up in the office but transferred me to Greg who didn't pick up. I emailed everyone in the company again.

 
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