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GreenStar Agricultural Corporation V.GRE



TSXV:GRE - Post by User

Comment by RichByOwnershipon Sep 16, 2014 11:36pm
107 Views
Post# 22942737

RE:RE:RE:Beichen denies it is a subsidiary of the GRE

RE:RE:RE:Beichen denies it is a subsidiary of the GREBayannur City BeiChen Tomato Products Co., Ltd.
Mr. Ma
Tel: 138-0478-4589

If the call is placed from outside China, the number should be prefixed like this: 011-86-138-0478-4589

Mind you, the guy may hang up on you right away as soon as the taboo word "Greenstar" is uttered. Well, when someone has something to hide, what else would he do anyway?

Think a little bit about how to handle the situation before you call. Your best chance would get a curt reply "no" when you place a straight question to him.

You may also ask him to mail their product catalogs or something. I start to suspect the credibility of Beichen itself.

A Chinese company listed on FRA screws up German investors today. The Chinese management simply disappeared, with cash, of course. https://www.businessinsider.com/shoe-company-ceo-coo-go-missing-2014-9

Incidentally, the company and its four subsidiaries come from the same region (Fujian) as the Greenstar. The German management was equally desperate.
For those who are head over heels in love with Chinese stocks, think twice or 100 times before you act. Even if you own 90% of shares of the company, you simply won't be able to control the assets physically in that country. Oh, what is the difference between the wild west and that country? In the former, the bad guys will be eventually shot by people like John Wayne or James Stewart; in the latter, crooks walk away free.
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