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China Solar & Clean Energy Solutions

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By bubba

Posted: Wednesday May 21 1:25:51PM 2008

regarding point #2, insiders are prohibited from selling until june 2009, not 2008

By bubba

Posted: Wednesday May 21 10:04:12AM 2008

I had looked at this one some time ago as well. Some of my concerns were: 1. "late filing" in April 2007 2. insiders who participated in June 2007 financing @$1.55 are free to sell next month 3. 1 million shares @$1.89 go up for sale in Jan/08 4. new financing @$2.40 in Feb 08; two months later 5.1 mil shares from this financing are put up for sale @$1.93; bizarre; that means two major overhangs 5. "late filing" April 2008 6. money cannot be repatriated out of China (ie. no dividends) Enough said.

By dundee

Posted: Wednesday May 21 9:41:56AM 2008

Hi Joshpacific, I am following this one but have not taken a position. I think the Q1 results were fair, but not outstanding. I think the market wants to see more organic growth. I think it is worth keeping on the radar.

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