The company paid off its long term debt few months ago selling s
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=73478&tid=2816&mid=2817&tof=102&rt=2&frt=4&off=1
just few corrections to your post
- NO LONG TERM DEBT
- The company is a CASH COW with currently over 30 million $ in CASH.
- NO NEED for loan to proceed with NEW acquisitions. the CASH is already there and it is rising EVERY QUARTER.
- The CEO has NEVER said that they need a loan to acquire a new company.
- The company paid off its long term debt few months ago selling shares to the debt holders at 1,01 $ !! In addition, the company LOCKED UP these shares for 2 years.
- The company is a MARKET LEADER in China in its sector.
- The demand outpaces the supply for its products.
