OTCPK:SPVEF - Post by User
Comment by
mtsuiton Aug 29, 2008 7:15pm
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Post# 15421194
RE: Alternative methods of transferring funds from
RE: Alternative methods of transferring funds fromIt's probably just a nuisance, but I just feel a bit more wary after seeing the license problems experienced by Mundoro in China, Dundee in Bulgaria, Crystallex in Venezuela and so on. The companies are eternally optimistic and instead of a clear "no" answer they simply get no answer at all.
If the license delay were no problem, then Spur wouldn't have made the deal with Zhong Chuan. Now they have a delay with Zhong Chuan too. Spur says that Zhong Chuan confirmed its continued commitment to the completion of the financing. But it would have made a more positive impression on me if it were accompanied by a statement from Zhong Chuan.
The Hebei Tianren deal was delayed a long time and then abandoned.
Just seems like it's difficult for these guys to get things done.