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