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Only if they have a genuine reason……
They don’t earn any income anywhere , how can they have anything to file ?
They are insolvent, they just don’t want to announce it as Gu won’t be able to re-cycle the salary shares

4 days to go to get the accounts signed off……….

He will be short selling on every pump knowing he is getting is salary shares.
I suspect he’ll have offloaded all his shares by the end of the month if this is going to be de-listed…..

Shame those opinions have been muzzled……

The cherry on the cake is the mm’s have finally realised they don’t won’t to hold this POS any longer and are trying to make sure they aren’t left holding worthless shares…….

Are the auditors refusing to sign off the accounts after the company stated this in the last RNS

‘ The financial results are still subject to auditor review.“

Looks like Gu has 26 days to pull a rabbit out if the hat and come up,with some cash before the company are de-listed for failing to file their accounts……
About time this farce of a company was kicked off aim and cannot fleece holders any longer to support Gu’s lifestyle.
I suspect he is being paid the legal fees as well as his salary shares which he is no doubt selling and not informing the exchange……….absolutely disgraceful behaviour

looks like Gu is trying to hold on to his salary for as long as possible, why wouldn’t you …….$1m a year for doing nothing………..
Well overvalued based on assets and cash $1.52m 3 months ago…….current value £1.74m
Lots of room to fall further before the accountants like.y refusal to sign off the accounts, at the end of April, as a going concern

What a shocking RNS looks like they are going to try and milk every last drop of milk out of this shambolic outfit so Gu can collect his laundry cash……

30 % spread to boot….

Can’t believe they are balking covid to get a delay on having to admit they are insolvent……AIM should take a long hard look at themselves……

Bless him NG….

Looks like the mm’s are winding this down expecting the worst…….

Karma

Could be game over by Thursday………

NG
there have been many examples over the last decade, from this company, of fantasy story RNS and readers believing it.
Hopefully this will be the final week when the accountants, having known this company has been trading insolvent for many years, finally has the rug pulled from under their feet.
It is shocking how much they have fleeced honest investors.
As you say though some deserved what range have brought……

Some would call it karma

It wasn’t helped by one of the slickest ramping operations which helped con lots of people out of their hard earned savings.
The cherry on the cake though was one of the most deluded investors of all time believing everything that came out of the CEO’s mouth, I quite liked it when he thought loaning a drug dealer $8m for a Russian pipeline was going to end all hunky dory……..
Some people really only only read what they want to hear……..

Where can Gu go know he has shot all his bullets, no win no fee litigation, inflated prices for worthless equipment……
Suing governments for millions……
What else is there left …….
And yet the company is still valued at £2m plus ……..how

It is remarkably quiet here these days, I hear a full house has been achieved elsewhere……

The cherry on the cake for this remarkable company…..

Why would anyone buy into a company that has no income and pays out $1.5m a year in salaries via cash and shares and the cash runs out in 8 days.

Looks like the market thinks the company will fold at the end of March judging by the share price.
Will Gu pull a rabbit out of the hat to keep the company going but more importantly his $1m salary

They haven’t got long to secure a court date…..
Looks like Gu and Liu’s gravy train is coming to an end in 11 days…….
Mind you they have RNS’d some classics since the last name change so maybe they will try and pull the wool over readers eyes one last time, if they can get the accountants to sign off the accounts….
That is going to be a tall order though

NG

So they could be wound up in 11 days time?

I see the pump to inflate the price didn’t work.
Suspect the large sell yesterday was salary shares sold at a big discount to the bid because no one wants the shares

Maybe use google translate and mention chinese laundry and you might have some success.
Don’t forget to put in your invoice for $100k commission although to be fair you will have done a lot more than Magoo who gets $1m

MOT

I am not sure they have anything left tool wise that would enable them to produce any hydrocarbons, they have all gone a bit rusty from lack of use……