Annual Meeting Recordings Available to Listen / Review
I am making my recordings of the FUQI Annual Stockholders Meeting held 9/8/13 @8:40pm ET available to all those who may have missed it or would like to review it. Please note that it was recorded in two parts and it is reasonably good to very good but not high quality. On part 2 there are several minutes of silence while they were tallying the votes. Go to YOURLISTENdotCOM and look in Podcasts. FYI: I heard it as $14M and that is disappointing and concerning. Hope for the best and prepare for the worst.
Thanks for the information.
I guess we will never get back money from those Chinese thefts. I can guess what happened to the gross margin & cash balance decreased: 1. the company starts to transfer profit out of the FUQI - it sold much lower whole price to its related company called "上海中银金行“; 2. it builds up higher accounts receivable from the same related company, so its cash was low. If the US court can force it liquidate, then all those accounts receivable will become bad debt. That those Chinese try to do!
We should file a joint lawsuit ASAP, and we should protest all Chinese theft at Chinese embassy in NY & DC!