GREY:LBEFF - Post by User
Comment by
drillbit2008on Jan 18, 2010 8:29pm
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Post# 16692754
RE: RE: try again?
RE: RE: try again?Legend,
I don't think the Chinese are your enemies at all. They are your creditors and majority share holder. They will act in accordance with their interersts. Their interest is to make money; the way to do that is increase their ownership. Unfortunately for LBE share holders, their previous management put them in a real pickle financialy which led to the 51% takeover of LBE in the first place.
Sorry man its the truth.
Driller