RE:RE:Excited for the call this Thursday - 7thlscfa wrote: I sent them 2 questions......1) an update on the operations of Longkey, 2) what are the current capital flow restriction in China, how do we repatriate profits from Peak China to Canada?
Good questions. I haven't sent any, but noted Lonkey's media releases on their web site still had Peak's old 50 percent buy intent compared to the more recent intent to acquire 100pc as indicated on Peak's web site. I don't like these discrepancies, especially when we are many months after the fact.
on another note, noticed that Banlan was to send money (100k) by 5 Dec. according to NR. Peak reported it 22 Dec. with no precise time of arrival. Given material change, I suppose it was within a day, 21 or thereabouts. Very small delay, but an indication of complexities perhaps. Else, waiting 2 weeks before reporting gives too much time for leaks to occur, leaving the retail dude vulnerable again.
just sayin, just observing.