It is quite a funny way to communicate. They could have said, we have run out of money investigating ourselves, so we took out a loan to pay the lawyers and accountants. Maybe one day we will get financials that show sales are done 90%.
We project that CEDC will strongly outperform the market over the next 6 to 12 months. This
projection is based on our analysis of three key factors that influence common stock performance:
earnings strength, relative valuation, and recent price movement.
Sentiment: Strong Buy
Thank you for your inquiry. Whenever a security performs a reverse split or exchange into new shares, it requires us to remove the original position from our records and replace them with new shares we receive from the company. Accounts are then updated to the new side once the Depository Trust Company (DTC) receives the new shares. At this time, DTC has not yet received the Xinde Technology shares. These kind of exchanges are typically complete within a few business days, but can sometimes take longer for non-US based companies or OTC listed securities. In addition, the depository has noted the new shares are not eligible to be held in electronic format, but they are working with the company to make them eligible. Otherwise, the company will have to deliver physical certificates, which can also delay the process. Your account will be updated once DTC has the shares. You can read more below about the DTC eligibility process in the section titled 'DTC Eligibility'.