$1.25 versus .50marketbear wrote:
"One thing I can't figure out is how are they placing these shares for $1.25 when it trades below .50 this is very suspicous and I wonder if their is some type of wash"
I almost went to into a laughing jag when I read the above. Everybody should remember that marketbear and whiteguy are running with the same crowd, namely the Dixon/Canacord ensemble. Their job was to knock the stock down so that the Van Dykes could not refinance the company.
What they did not realize, is that the Shanghai people have been at this for a long time. They also have good local information in Vancouver which is now heavily populated by overseas Chinese.
Shanghai also knows that the stock will be significantly higher after their IPO which I guess will come out on the Hong-Kong exchange. Another way of putting it is --they know who is selling now and they know who is going to be buying later.