It is hard for the company to collect the income due from the provincial government as the latter's finances are mostly in the red from what I heard from a friend working in China. So it will take a very longtime for the company's financial situation to turn into the black. For me, cash out is best option as the China company who signed the letter of intent ma not buy it due to the difficulty in collecting these debts.
Buyer listed at PRC, guess they understand the business model a lot better than many investors here who don't even look the C&G when share price plunged to 8 cents.....
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