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fakir005 · 24-09-2005, 06:59 PM

People are very misinformed about investing money in china. First you must learn about the art of investing money in the USA. You have to feel comfortable and be able to produce a profit. Everybody can invest. But very few can produce a profit,. You have to know that if you invest in the business of others there will be a resale market of the shares you purchased in the business of others or if the other person is going to be able to do any business with the money he received from you. If he does not you will be sorry. Some times he does start a business. But you get no devided and you can't sell your shares.

I've beeen talking about the resale market. actually it is not that simple. These shares are restricted shares and you can't even be alloud to bsell these shares. Securities Act of 1933, as amended and the Securities Exchange vAct of 1934, as amended would stand in the way.

As I understand it Rule 144 adopted by SEC would allow you to sell a limited number of shares. But I don't know if this rule is applicable only to publicily held companies that file regular forms like 10K with the SEC or for all Companies.

So be very very careful.

24-09-2005, 06:59 PM	#12 (permalink)
fakir005 Junior Member Join Date: Sep 2005 Posts: 10	Re: investing money People are very misinformed about investing money in china. First you must learn about the art of investing money in the USA. You have to feel comfortable and be able to produce a profit. Everybody can invest. But very few can produce a profit,. You have to know that if you invest in the business of others there will be a resale market of the shares you purchased in the business of others or if the other person is going to be able to do any business with the money he received from you. If he does not you will be sorry. Some times he does start a business. But you get no devided and you can't sell your shares. I've beeen talking about the resale market. actually it is not that simple. These shares are restricted shares and you can't even be alloud to bsell these shares. Securities Act of 1933, as amended and the Securities Exchange vAct of 1934, as amended would stand in the way. As I understand it Rule 144 adopted by SEC would allow you to sell a limited number of shares. But I don't know if this rule is applicable only to publicily held companies that file regular forms like 10K with the SEC or for all Companies. So be very very careful.