I have been holding this from 2014.
I decided to sell today.....probably too late....but the money I had here if I get it right with other investment may( with some luck) recoup my losses(Perhaps one day). I can put the proceed whatever it may be in another company and have my chances to recoup some of my losses. But I lost my hope here. I couldn't see making my money, after so many years I am not sure whether this company is for real, or the balance sheet. Once in a 3 months they publish a report, with some numbers.
Anyway one more lesson learned. Never ever, say again Never ever ....say one more time
Never ever invest in a Chinese company. Nope. No matter how good it sounds or looks or whatever,
it probably is too good to be true. So I decided to save whatever I could.
One secret I must tell about my mistake. I got sucked in and I think many others as well because of the cash balance.(32 -34 Millions) I am not sure if that money exist or whatever OR the business is for real, one thing is sure I will never see in the form of dividend. A penny stock with dividend doesn't exist.
All the best.
SBB Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held