China stocks CIND,CHRB. Message Board

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Microcap & Penny Stocks : China stocks CIND,CHRB.

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To: Kris Dungan who wrote (117)	10/23/1996 3:55:00 PM
From: Khris Vogel	of 303

Kris, I think that they are indeed delisted. Sold the block of shares I had interest in this a.m. at 5/32, and not a moment too soon by the looks of things. Last I checked, the share price was below 7 cents/share and had been as low as 2 cents. I don't know if mgmt. is on the level or not, but things don't look good as U.S. points of contact are gone. Either the co. is a sham or the cultural difference is so great that they don't realize the harm the poor investor relations has done. As they are located in Hong Kong, I tend to give them a little more credit as far as being Westernized (as far as how our stock markets work). I'm tending to think we were all screwed. Anybody know who the market makers were/are? What's their response? Does anybody here have an expensive means to contact co. hqtrs. in Hong Kong? I know I'm curious what happened. Well, I can say it has not been fun .... See ya at CHRB. Maybe, just maybe, they're legit?

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