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China Precision Steel, Inc. Message Board

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  • amat9112000 amat9112000 Aug 19, 2007 4:41 PM Flag

    Fundamental research 101

    Except the free shares that were paid out at a $3 a share price. Looks to me as if the finacing to fund the reverse merger was way overpaid using shares to say the least. Those now holding these shares (Belmont/Hung) will continue to make a boat load even at selling below $3, not nice to hear but simply facts.

    I'm not here to fight with anyone, I'm simply a long with his eyes wide open on this one, and not just pumping.

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