GRAND POWER LOGISTICS GROUP INC. V.GPW

I am out at 8 cents - Goodbye GPW

[fatcharlie]

I thought this company would be different but after reading the news release -just the typical chinese company out to make money for executive on the backs of investors.  Made a small profit but just galvanized my view to stay clear of Chinese and African based companies.

[skiboyy]

very smart take your 33% profit and GET OUT its what many people should do

[moneymaker75]

fatcharlie wrote: I thought this company would be different but after reading the news release -just the typical chinese company out to make money for executive on the backs of investors. Made a small profit but just galvanized my view to stay clear of Chinese and African based companies. How is the company making money for executives on the backs of investors? Have you seen what's going on

[Syngut]

moneymaker75 wrote: fatcharlie wrote: I thought this company would be different but after reading the news release -just the typical chinese company out to make money for executive on the backs of investors. Made a small profit but just galvanized my view to stay clear of Chinese and African based companies. How is the company making money for executives on the

[eInvestor99]

Well money maker 75, that is a bit rude to refer to someone's post as a "rant". But maybe you know best and you can explain why you think this is all okay. If you go to Note 10 on page 11 and 12 of the Q2 2014 Financials and read it you will see that the company recorded an expense of $467K in relation to an associated company. What it says is that GPW wrote off $467K when a