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Forum - Qiao Xing Universal Telephone - XING   

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From: uglygerman (Rep: 24) reply to theMagicianDate: 01/06/2012 12:40
Forum: Qiao Xing Universal Telephone - Msg #1638Thread #673342557 (Rec: 0)
dream on

the transaction supposed by SHAH fell through a few months ago as XING had a bid on the table for QXM. As long as the QXM shareholder structure doesn't change minority shareholders might propose whatever they want - it won't happen.

As for the cash on the QXM balance sheet:

Nobody knows if it is still in the bank or even exists.


Even TRID would be a better bet at this time.



Reply to theMagician - Msg #2223025 - 01/06/2012 11:59

possible $3 PER SHARE dividend coming

http://www.sec.gov/Archives/edgar/data/1383838/000138383811000023/LettertoQXMBoard122811.pdf
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser uglygerman: Reward | Watch | IgnoreXING: Ignore

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