OTCPK:TOUBF - Post by User
Comment by
markvrdon Oct 14, 2011 11:24am
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Post# 19149392
RE: RE: RE: NEWS!!!!
RE: RE: RE: NEWS!!!!Yeah, very true. I agree that we'd be in big trouble if we were counting on the OSC to save the day.
Another thing that occurred to me about this news is that the subsidiary that is mentioned in the PR is not likely Greenheart. Otherwise, I think they would have:
a) heard about it as well
b) seen a hit to their SP (instead they were up yesterday and pretty flat in friday trading on the HK exchange)
This tells me that the subsidiary being referred to is probably one of the authorized intermediaries. Since the business is supposedly spread among quite a few of them, it could be an indication that the damage is looking to be pretty isolated. That's pure optimistic speculation on my part and time will tell. However, my main point is that perhaps Greenheart, where TRE has a significant investment of 64% ownership, looks like it may be in the clear. Perhaps a good place to put a few extremely speculative dollars??! Not for me -- the educated gambling part of my portfolio is at quota :)
Mark