One interesting link is on WKBT. The schemes to steal the money/companies has really picked up steam and hopefully so to the resolve to get the companies back.
I am still making calls but end up with more questions than anwers. For instance after talking with our one board member Mike Segal i still don't understand why he did not convince them to continue listing. He also was on the acrb board and they went dark as well. Did he act in good faith for the common shareholder or did he represent something else? He takes calls if anyone cares to ask him why he didn't or couldn't convince company to stay listed. Hope our large fund holder over rules whoever talked them into going dark.
Using less is best. We don't need the most dirty carbon intensive tarsands and we certainly don't need to make money by destroying the lives of others. Think your corrupted investment through or don't cry later.
First U.S. savy investors list China companies here and take some public etc. We move jobs there and have them make products for us. Then we saw hit pieces etc turn to just plain hits. It is in the interest of each shareholder to ask our government for help to uncover the corruption from our side. They just wouldn't know how to rip us off by denying shareholders with the rules we have. Theft is theft and it is not just the Chinese imo. As said we can 't control others but we should control ourselves. Hope others write SEC and continue to ask questions and requests for fair play.
Another China company gone dark. CPQQ within days of expected very good earnings they not only go dark but no indication they will even voluntarily file any reports to extend consideration to shareholders. Whoever brought these China companies public should have a responsibility to keep them public. Taken out on pennies for the dollar seems the plan and without help from a few key U.S. market makers it doesn't seem possible they would proceed to steal shareholders value. jmo look at CPQQ that was doing better than CNTF and with products needed for energy efficiency we all lose.
We have fallen back to the dark days where our market makers side with hidden deals and corruption it seems. Has anyone tried contacting company? There is one China person per their web site that indicates she is fluent in English and Chinese. Seems we should all call her for answers like why no mention in the news release as to wether they will at least provide an annual report to keep shareholders in the loop. Ask who suggested the delisting and how much they were paid. At some point it seems those profiting can be made to disgorge profits at least on U.S. side of this take away.
From history in China of Hit Pieces, naked shorting, some accounting corruption etc etc. it seems we have move from hit pieces to just hits. My guess is this would not happen without nod from U.S. that have helped bring these companies public and now see more profits by destroying the pulic market. Not much else makes sense. Does anyone know about the large Texas holder that tried to buy this out last year?
Does anyone know Mike Segal enough to post his position on this? Interesting that he is also listed on board of ACRB which also has been taken down to almost nothing. Not sure if anyone can help us long suffering longs in China companies but have to believe the corruption will be revealed and profits should be disgorged back to us small U.S. investors. Please let me know if you can get through to Mke Segal or anyone at company. I will continue to try and let this board know.
It seems us investors in Small Cap CHNA COMPANIES HAVE TO GET OUR SEC and market makers on our side not the side of manipulators/Hedge Funds/short sellers. Someone is convincing The Chinese to take their companies to the Bulleting Board status no matter how profitable and undervalued. See latest at CPQQ. Time to be proactive and stop the ongoing attacks on fair market making.
Trading at or above tangible book value would be a rational time to blame the reported numbers. Tranding at a fraction of tang. bk it is not.
Positives: Volume and rise brought in new money so likely more holders at higher levels to counter traders trying the endless game of pump and dump with algorithmic programs or just market maker endless take downs as soon as volume dries up.
More going for it in many years per their reports and potential any day announcement like capitalizing on their game patents etc. sold to others or settlement of patent infringement?
Negatives Company seems unwilling to maintain investor interest and sides with manipulators by not buying back and looking to prioritize profit at reduced rev. level as new products roll out.
Real Estate could provide years of qt. to qt. earnings improvements as completed buildings come on line.
Just my opinion but our market makers and traders have very sour relations or regard for a fairly traded stock and price. China has been treated like trash for long time and with enough investors coming back that could change as they counter the cheap tricks of pump and dump and algorithmic programs some of which may be intra acct. trading or naked shorting.
Corruption and denial of massive harms makes this investment an investment against humanity. From rare and aggressive cancers the harm is only getting larger and corruption only thing holding it up. Even W. Buffet will go down in history as betting against our children and their future. The door is going to get very narrow.
Narrow door for this corrupt company with a bloated balance sheet only held up by the lives of children. President Obama may understand the corruption and harms are a crime against humanity and the No will distinguish America from the new Oil State of Canada and thier corruption.
Honest investing aims for the greatest good and best outcome. You may aim much lower and is a perogative i have challenged for others and myself after reading your posts of trading not investing.
Investing in Tarsands when looked at comprehensively seems to invest in death and destruction and against the common good of America. Sure would like to know the logic and thought considering children reporting cancers ten times the normal and that starts the massive harms even before global warming is considered. Hope he writes off TarSands as all great investors defer to intellectual honesty and certainly doing the right thing trumps making a few dollars more at expense of children and eventually everyone paying the real cost of TarSands.
Early this year the SEC announced two new hires just to focus on small cap abuses. You may remember masssive spreads, hit pieces, pump and dump schemes, naked shorting etc. G. Soros has said that for our markets to be viable there has to be some better rules of the road. I think CNTF has seen lots of abuse and we would be at 5 or more with honest players risking money in thoughtful way. Markets work when honest investors are present and dominate. The markets you seem to promote are more closer to pump and dump schemes and hope you see the difference and respect honesty better. You can understand my question about the 50cents as a question or continue to push the subject but I think you would have lost poeple money if anyone listened to you and i did not.
When you distinguish high quality from low quality do you think 5 dollars of cash with stock selling at 1 dollar is inferior to a pumped up large cap that has 1 dollar of cash and stock selling for 50 dollars? If you do you may understand and respect those of us trying to invest in CNTF. My 50 cent comment was a question and where i read it i can't remember but if you say it was Albee i believe you. Saying that can you tell me if you believe in pump and dump schemes?
Money is starting to flow into the deeply depressed and hit small cap china val. co's. CNTF and others could start sending money this way as the tide continues up.