Toubani Resources Ltd T.TRE

RE: RE: RE: RE: Life goes on with or without CB fo

[scobie]

Leonardi, they do have their own system which is so different from ours.  Any company (like Sino) doing biz in china is required in every community to have an address, set up shop so to speak, even tho' they will never physically inhabit the office.  They are masters at irrelevant paperwork and it is part of what keeps their employment rate so high.  Carson Block knew this but used it as a scare tactic.  Further, as this stock was making me sweat bigtime I finally decided to get hold of an ex-colleague who is now employed by a Canadian forestry major.  This person has been on many China trade missions, has executed contracts with Sino and has actually seen the standing timber inventories.  I was told that this particular forestry major would be shocked if pwc found that Sino's standing inventory numbers were intentionally or factually misrepresented.  Sure pwc will come up with some things....hell, they always do....but big fraud, highly unlikely.  This gave me some comfort as this person is a friend and definitely would warn me if the company she is employed by had any suspicion.