I don't know it anymore about China Crescent if you read the Yahoo Message Boards you see that China Crescent is bashed, pumped and hated. Some things don't look fresh and smell fishy. Why so much dilution every quarter? I guess these guys have to look for another way to finance their business. Some bridge financing, a credit line with a Chinese bank, .....I don't know how, but convert Debt to issue Shares is not the way you create shareholder's value. Of course sometimes it is necessary but no so frequently as China Crescent does.
Also the frequent webcasts with a lot of : ifs, as, etc................doesn't show much faith.