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Longwei Petroleum Investment Holding Limited Message Board

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  • hshinti hshinti Mar 27, 2012 12:14 AM Flag

    New write-up by Kevin Quon

    Here is my reply to his article on Seeking Alpha:

    Very good article Kevin! LPH is going to be one of the surviving RTOs especially with management's emphasis towards bringing increased shareholder value. The fact that the $50 million S-3 was recently rescinded shows management's concern for eliminating as much dilution as possible for the shareholder. On top of that, in October, the last of the warrants are set to expire. So whether they are exercised, and deliver 25 million in cash to the company, or expire, there is nothing but upside for this company. The reconciliation, the Haujie acquisition, and the warrant expiration are huge catalysts which will provide blue skies for the stock price to achieve it's rightful, minimum value of $5-$10/share. LPH's time is at hand and the longs should benefit well into the next year.

 
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