I believe the company that has the contract with AQSIQ Chinese National Gas Tank Contract had to fund the agreement to be estimated at $50US dollors. I believe Nexbis share was $5million. this money will be shown as a loan on profit and loss accounts and will be pay back in due cousre. I believe this $5million was taken out of last years profit, that probley why we did not get a dividend.
I believe AQSIQ is now looking at trying to ant-counterfitting other special equipment such as medical gas tanks, elevators parts as lifts keep falling down, amusement park apparatus etc, because i believe the china government may be looking at exporting these item.
If any body can back this up give me a plus
wood you ride on something make in China
Where is Footie gone
ETC Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held