The following is a word-for-word letter that I sent to Mina Mar Group. The letter was sent in an attempt to discover answers to many of the questions that myself and many other investors have been plagued with lately. I am sharing this letter with the public so that you will have an idea of what may be expected in future press releases...
Dear Sirs;
I am an investor in both HTDS and LDSR. I am writing to say that the loyal investors - those that have been holding long in both of these stocks - are literally dying on the vine while awaiting follow-up news to a whole lot of unfinished business that was reported in past press releases issued by these companies.
In regards to HTDS,
* What is the status on removing the caveat emptor classification of this stock?
* What is the status on the intellectual property rights claim that HTDS is attempting to recover?
* Is HTDS still entertaining the unsolicited proposals that were received in their rights in cancer and anti-aging projects? Is so, is the scheduled October 7 to October 11 date for review still applicable?
* Is the company making any progress towards locating and taking legal action against the stock manipulators that were reported to them via the posted reward program?
* It is our understanding that the company has already won the lawsuit against Investor Hub, so what is the status of collection efforts on the judgement in that case?
* By definition, a "tender" is an "offer"; On the Mellow Hope web site it is stated that "In August of 2009, Mellow Hope will participate in a tender for supplying 6 million doses of H1N1 Flu Vaccine to Chile and another tender for supplying 1 million doses of H1N1 flu vaccine to Thailand." So, have either of these two offers been contractually accepted?
* What is the status in regards to providing the videos of the Mellow Hope facilities that were promised to the investors?
* In a press release dated September 14, 2009 it is clearly stated "At the beginning of September, Mellow Hope completed the clinical trial of Influenza A (H1N1) Vaccine (Split Virion). The company received the clinical approval from the State Food and Drug Administration (SFDA) http://eng.sfda.gov.cn/eng. Production will be started shortly." In the follow up press release dated September 17 it is stated that "The H1N1 Vaccine manufacturing license will be granted soon." What is the status on the issue of the vaccine manufacturing license?
In regards to LDSR,
* What is the status of the contract signed with China Petroleum Engineering Construction Group Corporation that was announced July 16, 2009? Have the contractual obligations of the company been fulfilled?
* What was the outcome of the contractual negotiations with the fuel management department of Guangzhou Military Region in China announced August 11, 2009?
* What was the outcome of the bidding for the oil and gas recovery management project of the Nansha oil depot owned by Guangdong China United International Co., Ltd. announced August 14, 2009?
* What is the status on the $10 million USD project in the Zhuhai Municipal Government discussions announced August 18, 2009?
* In a press release dated August 28, 2009 it was announced that "Mr. Long was informed that Beijing land Oil Company intends to conduct comprehensive oil and gas recovery transformation programs, through the use of leasing methods of the LDSR equipment." So, where is the company right now in securing leasing agreements for the LDSR equipment with the Beijing Land Oil Company?
* What is the status of the partnership details being worked on between LDSR and CNOOC as announced on September 4, 2009?
As can be seen, a lot of information has been put out on these two companies in only the past couple of months. It is great that the companies are keeping the investors informed as to their plans and expectations, however it would be more beneficial to the investors if the companies would follow up to inform investors on the status of old business. Otherwise, investors are left to speculate and theorize as to what is really going on.
I, for one, believe that in not following through with notifications to the investors, it only cripples the companies, contributes to false and misleading accusations of the companies by those who would try to manipulate the stocks of these companies, and eventually erodes the price per share of the stocks in the marketplace.
Additionally, the following would be much appreciated by myself and many of the other investors that I have had the pleasure of communicating with over the past months:
* On the company web site for LDSR, please provide a link to the PDF formatted ISO9001 certificate. This certificate contains a special hyperlink that, when clicked, verifies the authenticity of the ISO9001 certification with iso.org. Being able to verify such crucial claims of certification would be of extreme benefit in building investor sentiment and dispelling rumors being spread by the manipulators.
* On the company web site for HTDS, it would be helpful to include photographs of the HTDS team, building and facilities so that the investors can see that HTDS (through its subsidiaries, of course) is a going concern.
* It would be useful if the web sites for both HTDS and LDSR displayed information as to any professional trade organizations that they are members of within their respective industries. This would be huge in crushing the attacks of stock manipulators.
* It would also be extremely useful if the web sites for both companies provided links to articles, press releases and company reviews (not stock reviews) provided by third parties such as online magazines and newspapers. The investors understand that such items may be in the Chinese language, but that obstacle is easily overcome with the aid of translation services and software.
I sincerely and eagerly await your response to this letter. This letter will also be published in its entirety on the blog at NVestorz.com so that investors will have an idea of what to hope for and expect in future press releases.
Tags: Htds Ldsr Mina Mar Contracts Press Releases