LPH formally separated from RedChip. Weitian is their only IR.
According to my sources, which I trust, although I didnt personally call RedChip, LPH has formally separated from using RedChip. Weitian Group, which so far has done an outstanding job with PR newsreleases for LPH, will be their only Investor Relations company going forward.
Before joining Weitan Group (btw, founded in 2012), Dr. Wu was a Senior Vice President at Alliance Advisors LLC, a New York-based IR consulting firm, and managed the company's Chinese accounts with clients including CMCI, IICN, DUKS, CMDI, and MSAH.
Ok, now let's take a look at those clients ..... all of them in the pink .... market caps immaterial ....
Yay!!! This means no more RedChip trading shares given away from time to time. It also means that the member of the board of directors, Dora Dong, is independent and no longer related to their IR firm. Another plus.