Not sure we read the same report. They said they would be greatly increasing their service business and that the planned growth would require many additional employees. They also indicated that they would be looking to hire new software specialists for the development of new products. It sounds as if they have a very aggressive plan for growth in the works. I certainly would not have expected more detail for competitive reasons. I thought it was also encouraging that the fair value of their assets was a full 68% above carrying value. After the last two very profitable years, I see no reason to believe that the company is a long way off from " heading in the right direction" as you say. Unfortunately for the stock price, I think a few focused on the "boiler plate" risk factors and sold a down market. Personally I bought a few more today.
why talk about china when the US is the world leader of debtor,money printing nations BY FAR?
Mr. King said, “I look forward to working with the eFuture Board and our talented teams to pursue the well-defined strategic plan that we believe is the best way to drive profitable growth for our shareholders by leveraging Shiji's many resources.”