We are looking for moderators. If you would like to help moderate this board, please use the 'request to moderate board' link at top left and you will receive a confirmation that you have been added as a Co-Moderator. As a moderator you will have the ability to oversee discussions and make sure all posts are relevant.

You will also have the ability to add an advanced description for the stock. This is particularly useful if there are aspects of the company that you want to highlight and help others learn about the company's objectives. Photos and pictures are welcome. Don't be shy. Become an integral member of GEO's Culture

I'm also eager to see how. He holds 12,7% shares, so that's already something.

I think we can't conclude that ALL Chinese company's are frauds. I think that the environment in the China Hybrid space is so depressing that at a certain moment the trustworthy companies do not see why they should stay listed at such depressed PPS. It's suicide to raise capital at these levels. So many think that there is only one solution, that is stop filing, because they don't see any more reason to stay listed.

You shouldn't forget that GHII, being a very small micro-cap, kept on filing 2 years after all  the troubles in the China Hybrid Space began. I'm sure they did that with the thought that one time things would get better. But what happens, in the mean time, SEC asks them so many questions (look at the numerous letters they got from SEC and properly answered! it's really crazy for such a small company), they practically drown in administrative matters that have nothing to do with the business itself. Koza notes that most of the answers are already answered if SEC does its homework properly (ie examining previous SEC-filings). That's absurd! And in the mean time they see their market cap going from $80mio to $1 mio. I can understand why they stop filing!

So what I really think is that Koza is going to try to convince management that TOGETHER value can be restored. And he is willing to invest a lot of additional money to do that... speaking of motivation

I will have to check. Most financial portals show Gold Horse Intl (OOTC:GHII) as pink.  You know how Geo feels about the DD that most investors/entities perform on Chinese companies.

How does Koza plan to restore value? I would like to see this. If he can't gain control he will have to convince management to listen to him. You think they will?

Isn't GHII still a OTCBB? although they will receive a "E" in a few days unless the company files soon.

I don't think Koza wants more control. He wants to help to restore the true value of GHII.

I think for now he tries with friendly intentions, but I'm convinced he will have a different approach if he gets no reaction from management. Maybe he already did his DD.

    Good find.  But, Gold Horse Intl (OOTC:GHII) is a pink now, so what is their incentive to give away control? The Chairman owns around 40% of the stock and through related parties may own 50%.

And their is one thing missing from the list of requirements: They need to retain a company to perform some independent OTGDD. Koza should give us a call.

Shareholder Koza proposes to help Gold Horse International
Mike Koza (12,7% shareholder) thinks Gold Horse may go dark because costs staying listed are bigger than the benefits (raising capital, image, etc...). He proposes to help them. Here is an excerpt from SC 13D/A he filed yesterday (Koza=Reporting Person):

The Reporting Person may take actions as deemed appropriate, possibly in conjunction with other shareholders, including one or more of the following:

1. Offering to pay all or part of the expenses (including back pay) of continued U.S. listing, including the re-hiring of Mr. Li (the fiscal year 2012 Chief Financial Officer) or an alternate Chief Financial Officer to be agreed upon;


2. Encouraging the Issuer to make a tender offer for all outstanding shares;


3. Assisting the Issuer in voluntarily deregistering its common stock, and arranging for the dissemination of periodic financial information to shareholders of the Issuer, in a simple format agreeable to the Issuer and shareholders. This outcome would be acceptable only if the SEC did not deny voluntary deregistration;


4. Entering into negotiations with China-based shareholders of the Issuer to sell to these shareholders the shares owned by the Reporting Person. According to a Form 10-K filed by the Issuer on October 6, 2008, 36 individuals residing in China purchased 55,481 shares (split-adjusted) from the Issuer for $2,219,252 in 2007. The purchase price was $40 per share (split-adjusted). Although the reported book value per share of the Issuer has roughly doubled from December 31, 2007 to March 31, 2012, according to SEC filings, the Reporting Person would be willing to sell his shares to China-based shareholders at a significant discount to the amounts paid per share by these China-based shareholders in 2007. The Reporting Person believes that many of the China-based shareholders of the Issuer are employees of the Jin Ma Companies, which are controlled by the Issuer through contractual agreements;


5. Assisting the Issuer in unwinding its variable-interest entity structure.

Interesting development to watch closely. Koza's aggregate purchase price is around $1. His intentions are clear and for now very friendly. He wants to restore the real value of Gold Horse, no matter how.

Disclosure: I am long GHII
 

June 15 (Bloomberg) -- The property boom in China isn’t a bubble because it’s supported by “solid” demand for residential housing, according to Stephen Roach, chairman of Morgan Stanley Asia Ltd.

While portions of the real-estate market such as high-end apartments are overheating, demand for residential homes will remain robust as rural Chinese migrate to bigger cities, Roach said in a radio interview from Hong Kong with Tom Keene on Bloomberg Surveillance.

“This is just a sliver of the property boom,” Roach said, citing that each year since 2000, between 15 and 20 million people migrate to Beijing, Shanghai, and second- and third-tier cities in mainland China. That’s two and a half New York Cities created annually, he said. “This underpins a huge demand for residential property. This property has not overheated and the demand for this property is very, very solid.”

The nation’s property prices rose 12.4 percent in May from a year earlier, the second-fastest pace on record. China’s banking regulator said today it sees growing credit risks in the nation’s real-estate industry and warned of increasing pressure from non-performing loans.

China’s lawmakers have raised down payment requirements and mortgage rates and restricted loans for multiple-home buyers as they seek to dampen record property price gains. The government’s “decisive” actions in April are working to cool the sections of the housing market that were overheating, according to Roach.

“By all accounts, it looks like the measures are working for now,” he said.

‘Horrible Misconception’

China, the world’s fastest-growing major economy, expanded 11.9 percent in the first quarter from a year earlier. The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, has dropped 22 percent this year. Markets in China are closed from June 14 to June 16 for a holiday.

China has kept the yuan linked to the dollar as a crisis- fighting policy, swelling its Treasury holdings and fueling complaints from U.S. lawmakers that it has an unfair advantage in global commerce. American lawmakers said they’ll go ahead with legislation targeting the yuan as U.S. and Chinese leaders prepare to meet at a Group of 20 summit this month in Canada.

Floating the yuan won’t rebalance the trade deficit, Roach said.

“It’s just bad economics to pretend we can fix the lives of middle class American workers by getting the Chinese to revalue its currency vis-a-vis the dollar -- it’s a horrible misconception,” Roach said. “If we don’t boost our national savings rate, with trillion dollar deficits as far as the eye can see, the Chinese piece of our multilateral trade deficit just goes somewhere else. It goes to a higher-cost producer and that taxes the American people.”

‘Reasonably Well Protected’

Treasury Secretary Timothy F. Geithner, said last week that a more flexible yuan would allow China to pursue “a more effective, independent monetary policy, which is particularly important now, with China’s economy facing a risk of inflation in goods and in asset prices.”

China shouldn’t cave to the pressure and should revalue the yuan when its financial system is more developed, Roach said.

“They’ve still got a long way to go in opening up their capital account, opening up their financial system and making certain their financial institutions can be reasonably well protected from the ups and downs of financial markets and currency gyrations,” he said. “It’s a process. Over the next 10 years, you will see China take enormous steps toward making their currency fully convertible but it will take that long or possibly even longer to do that.”

A company like Golden Horse International (GHII) can really benefit from it. Check out their latest news, but also a company like Sino Gas Int. Holdings (SGAS).