re: Ann: Amended Form 604 Notice of change of...
This is just so the Chinese government can distance itself from a loss. Anything 'Shengfuo' means the Guangdong Foreign Trade Group Co. A state owned enterprise. The fact the buyer is also registered in the Virgin Islands means they want to make the transaction disappear off government books.
In effect, they create a shell company to buy the assets and shift the loss to the shell. Regarding the current status of asset sales. See last post.
KZL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held