The company paid off its long term debt few months ago selling s

回答: ygii infomarketreflections2009-08-12 08:26:43

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.

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growing coo poration between Gulf Resources and Longteng -marketreflections- 给 marketreflections 发送悄悄话 marketreflections 的博客首页 (935 bytes) () 09/15/2009 postreply 17:51:41

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