CYC Holdings Plc Sweet China is CYC's third company listing which floated on 31st March 2005. CYC beneficial holding will be 11.66% of the company and would be valued at a stake of �379,111. Sweet China is a Cash Shell that has been formed to acquire companies or businesses, or interests in companies or businesses, operating in the manufacturing and marketing of the confectionary and gift food markets in mainland China and Hong Kong which the directors believe have the prospect of delivering high returns and significant capital growth to shareholders.

CYC Holdings selects and floats Chinese companies on western markets. It's business model is to earn fees through a mix of stock and cash. Having successfully floated it's first Chinese listings, Sinovation, China Wonder and Sweet China there could be a further planned 4 float's to be listed on AIM later this year which are SellOnLine, China Cat, Middle Kingdom, and a toy company. China Cat is going to be the big one everyone is waiting for which is an energy company due to list in the near future which has fantastic potential. If that was not exciting enough, CYC Holdings are also planning on the possibilty of fees being generated from management of investment funds and may next year float Chinese Companies into the NASDAQ Stock Exchange. Don't miss out on probably the most fantastic investment opportunity this year?

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BackgroundCYC Holdings specialize in selecting prospective Chinese companies and then list them into the U.K stock market, which is no easy feat. On 6th April 2004, CYC was the first British company to successfully float a Chinese company named Sinovation on Ofex. On 29th September CYC then floated China Wonder and was the first Chinese listed AIM Company that could be the first of many. The big excitement will be the third listing of China Cat involved in the energy sector and should float towards the end of this year. I first invested in CYC last year where at the stage the investment decision was based on hope and much promise. CYC have now come a long way from those early days when they were trading under Cyber China. There has been 3 years of hard work involving delays due to SAARS and the difficulty of getting Chinese companies to follow and understand audit requirements in the U.K. With their selecting of dynamic euntrepurnal type businesses through careful due diligence their hard work is beginning to pay off.Management Team Viscount Torrington Non-Executive ChairmanLord Torrington was formerly managing director of Anvil Petroleum Plc and executive director of Flextech Plc and President of Canadian-listed Heritage Oil Corporation. Since graduating from Oxford in 1964, he has had 36 years experience in the natural resources and service industry sectors and 27 years experience as a public company director in the UK, Canada and Australia. Lord Torrington chaired the House of Lords EEC Select Committee on Energy, Transport and Telecommunications during the late 1980`s and also served on the Science and Technology Committee. Lord Torrington is also a director of tosellonline.com Plc, an OFEX listed internet service company, and a consultant on oil and technology projects. Michael McAlister Managing DirectorMichael McAlister is an experienced executive with expertise in creating corporate shareholder value start-ups, joint ventures, business development, corporate expansion and financial restructuring, strategic planning, international trade, negotiating, intellectual property and financial risk assessment in the emerging China. Mr McAlister is an international business developer and entrepeneur with extensive Chinese and Eastern experience in indentifying, investing and managing business opportunities for Merrill Lynch, Phibro Solomon Inc., Marc Rich & Co., Compagnie Financiere Sucres et Denrees Chartfield Investment Management. Michael Lindsay Finance DirectorMr Lindsay is a senior financial executive with a background in entrepreneurial ventures built on extensive international experience with blue chip multinational corporations including Northern Telecome Europe, British Airways and George Wimpey Plc. He is experienced in a variety of commercial disciplines covering engineering and telecommunications contracting, international financial services, mergers and acquisitions with related investigation work, contract appraisal, and the development of bespoke management information models. Mr Lindsay is a Fellow of the Institute of Chartered Accountants in England and Wales. Mark Chapman Investment ManagerGraduated from the University of Nottingham (1974) and postgraduated studies at the University of Birmingham (1977). Fund Manager from 1980-1995, Director and senior fund manager, Chartfield Fund Management (1990-1995). In 1994 awarded prestigious Far East Fund Manager of the Year by Macropower and 3rd and 4th Fund Manager by What Investment. Since 1995 Powerhouse Resources Inc., Director. Building 3 power stations in Guangdon, China with licenses granted for further 25 stations. Oakhill Enterprises Plc., Director. Restaurant and Leisure Management. Distinctive Leisure Plc., Director (restaurant ownership), Consultant to other leading companies involved in engineering and retailing. Possesses very wide experience in the UK smaller companies sector. Widespread contacts through the mutual fund business, especially in the Far East sector. Paul HarrisNon-Executive DirectorPaul has a wide range of SME financing experience gained from positions within leading UK institutions, having worked in corporate finance, leveraged finance, venture capital and principle finance. Over this period he has held non-executive positions on the board of several early stage companies operating in a variety of high growth potential markets.Paul holds a Masters degree in Engineering, Economics and Management from Oxford University and a MBA from Ecole de Management de Lyon. He is a Member of the Institute of Directors and a Fellow of the Securities Institute. Vladimir EggerNon-Executive DirectorVladimir Egger was appointed a non-executive director of the company in August 2004. Mr Egger (52), who is a US Citizen, is currently the Managing Director of Lukoil Asia Pacific, Singapore, a subsidiary of Lukoil Oil Company of Russia, one of the largest producers of crude oil products and gas in the world. He brings a wealth of international experience to CYC Holdings plc, having been involved in trade and business for over 25 years, with particular emphasis on Asia and the CIS. His career postings have included many countries in Europe as well as the US and the Far East. He has worked for Marc Rich, Metallgesellschaft and Louis Dreyfus among others.The PortfolioSinnovation is a technology company which designs a miniature transmitter and sensors manufactured as part of the hardware of a computer, notepad, personal digital assistant, cellular phone or other products, and the accessory solution, where the transmitting and sensing equipment is connected to a computer or other hardware product. However, the most significant development is that the message script or picture can be transferred to a connected PC without contact with any paper or surface, i.e. thin air. This is very much a speculative small start up company which CYC have invested �370,178 (including loan notes) and control 19% of the shares in the company. It is hoped that one day the standard Mouse will be replaced by a writing pen and for an educational point of view in China, this Pen would do away with writing a combination of 1000's of Chinese characters on a chalk board. A user would instantly write a message with this pen an instantly translate this onto a computer. The product is through the prototype stage and it is hoped it will be trailed soon. CYC Holdings have ensured they control patent licenses of this devise should a larger competitor try to muscle in on this idea where eventually they will licence out the technology to a manufacturing company based in China.China Wonder is the holding company for Jinzhou Wonder Packing Machine Company ("WP"), a leading Chinese manufacturer and distributor of specialist packaging machinery to the Chinese pharmaceutical market. Established in 1998, WP is based in Jinzhou , Liaoning Province in the north east of China . It has achieved significant growth in sales and pre-tax profits over the three year period ended 31 December 2003 and the directors believe it is one of the five largest companies in the Chinese domestic pharmaceutical packaging machinery sector. In October 2003, WP opened a large modern factory to develop a capacity advantage over its competitors and to continue to expand sales. The market remains fragmented with WP supplying its range of machines to the fast expanding Chinese pharmaceutical market which grew by more than 19 per cent between 2002 and 2003 and which had in 2003 a current value of approximately �26million.It also supplies its machines to one of China's leading producers of confectionery. WP is looking to expand further into the foodstuffs packaging industry both domestically and overseas, where to date it has sold a limited number of machines to Hungary, Indonesia, Russia and Yemen.We take it for granted in the West the every day luxuries we use that China recently has now or will be hungry for in the near future. The middle classes are growing rapidly in China and with so much exports growing, what are they going to need? Packaging. China Cat is the third listing, which should feature this year. According to Share's the combine market capital of China Wonder and Cat should be around fifty million pounds. As we know the market capital of China Wonder I would imaging the market capital of Cat to be above forty million after its floatation which should give greater credence for the capability of the size of company CYC are able to float. This will be by far the most appealing listing as China energy demands have soured in the past 5 years and will continue to grow at a rapid rate no matter what the doom and gloom merchants suggest. As China Cat will be in the heart of China in a souring demand sector, this in itself could present great opportunities for CYC. You may have noticed that CYC recently issued an RNS stating they appointed Vladimir Egger as a non-executive director of the company. Mr Egger (52), who is a US citizen, is currently the Managing Director of Lukoil Asia Pacific, Singapore, a subsidiary of Lukoil Oil Company of Russia, one of the largest producers of crude oil products and gas in the world. Could there be a pipeline of other energy companies that could list in the future? FundamentalsIt was quite difficult to have any idea on fundamentals a year a go, which made this a very speculative investment at the time. Before the first listing I introduced the company to Shares Magazine as I thought they may be interested in an company that specialize in listing Chinese companies into the U.K. I was pleased to discover not only were they featured but also advertised as a play of the week. The article reckons it can introduce ten companies per year, generating upfront fees of �5 million and add in stakes per company of �2.5 million, which is between 2.5% to 8%. These figures published looked too optimistic at the time and the share price rose to 3.5p levels. Once the excitement died down the share price went down to around 2p levels for several months. Now with the second listing near completion and a third on the way it is clearer to grasp the potential of earnings growth. We know that CYC control 19.8% stakes in Sinovation, 15.88% in China Wonder and if Shares are correct in their research the Market Capital of China Cat could be worth over �40 million pounds with a minimum stake of 2.5%. This being the case the investment value of CYC could soon rise to �3 million. Management fees could be on a conservative fee of �25,000 for each company per year. Share's claim that CYC is capable of listing 10 companies a year, which is probably a little optimistic. Judging by what CYC should prove this year there is no reason to suggest that it may be feasible that 5 companies are listed next year as it would be easier with the experience already gained in audit requirements to arrange listings more easily and promptly. Add the fact that is likely that first year's portfolio should grow then the total investment value by the end of 2005 could be quite substantial. I have no idea three years from now what target the management have in mind on the number of Chinese companies they hope to list but if that number was say around 20 then the reoccurring managements fees alone would pay for fixed budget costs. I would anticipate during 2006 to see the share price approaching 10 - 15 pence levels which would be dependant on the number of listings, the growth factor on their investments and the recurring revenues generated through annual fees. I'm sure you can work out for yourself the potential we have here but as always do your own research.Outlook In the past when I have tried to reach Michael McAlister he was often found to be in the States. It is CYC Holdings ambition to be able to list Chinese companies in the States as fees currently charged by their competitors are considerably higher then what CYC would offer. CYC could be in the driving position to list companies in the States and are already looking at companies, which would be more suitable to trading conditions rather then in the U.K. There is also a rumor I am hearing of possible hedge fund activity where CYC will be involved in some capacityIt would appear even with the advances made this year CYC Holdings are looking to be a different company then they are now presently perceived but clearly there is a long way to go and much to be organized before these goals are achieved. I like the idea they are obviously trying behind the scenes to keep different eggs in different baskets but what this will prove in time is very much limited information then I'm able to establish.With the current market activity in the U.K. CYC looks to be on a winner and if they could get hold of the American market then this will take this company to another dimension. But I do believe short term to long term for investors and traders alike, this could be the type of share everybody loves.In conclusion, for a long-term investment, CYC Holdings may achieve stunning growth especially if the management realizes their goals.Positives Everyone is excited with potential of China growth, where CYC are in the heart of.� This could be the easiest way of investing in China with CYC diverse portfolio that is transparent.� Management of CYC has an eye on each company where some staff are members of the board.� Growth could be rapid� Low overhead fixed costs� Dynamic management with experience of the Chinese market which carefully selects each company through careful due diligence� Other on going activities behind the scenes possibly with some involvement with hedge funding� Now that CYC have mastered the audit requirements through transfer of Chinese ownership into the U.K, it should be easier to list Chinese companies and more frequently.Negatives� Danger of China economy over-heating� A weakness in the market could reduce future IPO's and funds mangers more reluctant to invest.� A change in governing policy in China not allowing future Chinese companies to list.� Difficulties in Chinese companies understanding regulations in the U.K. where audit requirements are more thorough and stringent then the East.� Spread can be high.� No brokers report

Postcards from China

Dec 30 2004 - Birmingham PostRunaway winner thanks to China's riseWe have a winner. A runaway winner, as never before in the two and a bit decades that The Birmingham Post has been inviting the region's stockbrokers to pick a share for the year with the prospect of winning a magnum of champagne.Will Orgee of Arden Partners picked AIM-listed CYC Holdings, a highlyunusual consultancy company specialising in preparing privately-owned Chinese companies to access western capital markets in partnership with the financial wing of Hongta, China's biggest state-owned company.In a year when many Birmingham and West Midlands stockbrokers pinned their hopes of our promised magnum of champagne on penny shares, CYC started out at a fraction of a penny.Last Christmas Eve, its shares stood at 0.75p. A year on, they were 3.75p, giving Will a profit of 400 per cent, more than three times more than any other contender.They can be seen as a stake in the Chinese economic miracle. They are bringing over Chinese firms to float on western markets," Will explains."They did too successfully this year. China Wonder has more than trebled on AIM. It came in at 24p in October, reached 140 and is now around 88p."Earlier CYC floated a technology company Sinovation on OFEX. CYC's chief executive Michael McAlister describes it as an exercise in "taking Chinese intellectual property out of China".CYC, which has an office with 15 professionals in Beijing, mostly works for a fee, but sometimes will take a stake in a company it is floating.The pace should quicken this year, Mr McAlister added. "We have a whole stream coming through in 2005," he said. "It is going to be hitting the headlines when it is actually done."Unlike most consultants, CYC remains involved with the firms it advises after they come to the market."We are very much intertwined with the management of these companies post-flotation."31/10/04 Telephone call with Mark Chapman of CYC on 30th October 2004This is a snippet from my notes following my telephone call with Mark Chapman.I first asked Mr Chapman to confirm the rumours on the thread that there maybe a possible listing this year before China Cat and asked if he wouldelaborate on this. Although timing is never a certainty, he replied theremight be the possibility of a further listing before the end of the year,which will be a company investing in the confectionery industry in Chinawith sales to the U.K. and the States.I enquired how many companies they are targeting to list next year, he did not answer the question directly but mentioned they are focusing on thecandidate quality of the listings not quantity.I then referred him to the recent announcements made by London Asia of anagreement with Global Emerging Markets to form a $200 million private equity fund and asked if they are working on anything similar. They are working ona number of projects not just China Cat and collectivised investment strategies are under preparation. They are in active discussions withFunders from the US to develop an attractive platform for them to invest inthe coming year.I think the above shows that the company are very busy and are not just relying on the next listing of China Cat before we get the next waive of exciting news. I had a feeling from the tone of Mr Chapman that he wanted to reveal more then what he said but it is obvious both speaking to him and Michael McAlister that there is a lot going on behind the scenes.The Times 15/10/04Firecracker start for China Wonder's shares By David Blackwell Published: October 15 2004 03:00 | Last updated: October 15 2004 03:00China Wonder has lived up to its name since floating on Aim at the start of this month.ADVERTISEMENTAs the first Chinese company to join the market, it has attracted a lot of attention from retail investors. The shares, floated at 24p, at one stage reached what can only be called a dotcommish intra-day high of 147�p. It fell back to 67�p on Wednesday, only to soar 70 per cent yesterday to close at 112�p - an impressive premium for a fortnight's trading.China Wonder is the holding company for the Jinzhou Wonder Packing Machine Company, which services the Chinese pharmaceutical market. Last year, it reported pre-tax profit of �254,000 on sales of �1.4m, up from �1.2m in 2002.The directors believe it is one of the five largest companies in the Chinese pharmaceutical packaging machinery market - which last year was worth �26m - and in a good position to be an early consolidator.It is also the first significant company to be brought to market by CYC, another Aim-listed company that was floated four years ago with the specific intention of bringing Chinese companies to the London market.CYC, which has seen a recovery in its share price this year from the 0.2p touched in 2002, has retained a 16 per cent holding in China Wonder.Michael McAlister, chief executive of CYC, has spent more than 20 years in China and has built a strong relationship with Hong Ta, a leading cigarette company. CYC has an office in Beijing running Hong Ta's investment management."We have a team there that can identify, research and assess companies with the potential to float on western markets," says Mr McAlister. He believes that China Wonder will be followed by many more Chinese companies.There are plenty expanding at more than 30 per cent a year, he says. CYC is looking for profitable companies with a three-year trading record, enlightened management and in businesses unconnected with the old smokestack industries.CYC is hoping to bring another company to Aim by the end of this year. It is in the oil services industry and has developed a new generation of catalysts that have caught the attention of Western oil industries.Such small companies are, of course, the ones with the most growth potential. But they are finding it difficult to get a listing in China and, even if they do float, it is even more difficult to do a secondary placing.Other London-based investment banks will not be slow to follow CYC's lead. At least one has already formed links with a Chinese investment bank that sees an astonishing 100 companies a week.China Wonder is a tiny company with a tiny free float. However, it has helped to highlight the pent-up demand among investors for a piece of the action in the country's rapidly expanding economy.There is likely to be a flood of applications from China. Aim will have to tread carefully and investors should try to remember at least some of the lessons of the dotcom boom.Independent 11/10/04Surfing the zeitgeistWhile most dot.com era incubators - set up to invest in, advise and float off potentially exciting new companies - struggled to survive when sentiment switched so dramatically against the tech sector, one incubator was in the happy position of being able to surf not one, but two stock market zeitgeists. CyberChina, which came to AIM in 2001, quickly dropped the Cyber to reflect the end of its dot.com investment ambitions. Now called CYC, its shares have soared back above their placing price as investors salivate over all things Chinese. It floated its first investee company, a tiny intellectual property group called Sinovation, on Ofex earlier this year, valuing its stake at �55,000. Its second dish has proved more popular: a company making packing machines for the drug industry, China Wonder, the first Chinese company to join AIM, started trading earlier this month, and CYC's stake is now worth �1.4m. The hope is that a third dish will prove tastiest of all. CYC is currently subjecting a much bigger company, one making catalysts for oil refineries, to the rigours of accounting standards and Western corporate governance before an AIM float pencilled in perhaps as early as next month. If that comes off, it ought to justify CYC's current hopeful market value of �10.4m.http://news.independent.co.uk/business/sme/story.jsp?story=57074306/10/04 Post from Radarlove, could there be another float before China Cat possibly listed in the States?6 Oct'04 - 08:14 - 3590 of 3709On Tuesday afternoon I spoke with CYC managing director, Michael McAlister. First, what a lovely man - a visionary with a pioneering spirit - open and honest with his responses.He said that it had taken two years of extremely hard work to bring 'China Wonder' to AIM. "There is so much to do. We closely work with the company. Help them with their expansion plans. Become their management team and strategic advisors."He continued, "We have a robust and enterprising operation with audit and management teams travelling around China looking for the right businesses." CYC ethos is quality not quantity. "We are not looking for old dogs! We are tracking down the cream of Chinese companies. There is a strict qualification system. We only want the best."A question that all investors wish to know. When is 'China Cat' being floated?"I cannot give you a definite date. We appreciate it is important to continue the momentum of the 'China Wonder' IPO success, but these things can't be rushed. If pushed we would hope before Christmas."Michael wants to praise all those investors who have remained loyal to the company through, what he calls, 'the fallow times.'"I cannot thank you enough for your support and faith in CYC. It has been a two year congestion period with unforeseen delays."The SARS epidemic alone, put the project back over 6 months. "We had to practically place the business on hold through this difficult period."Michael confirmed CYC has a pipeline of Chinese companies in the offing but would not give any names. He cryptically said, "Who knows, another IPO might appear before China Cat." He continued, "Some may be better suited to NASDAQ, while others to AIM."Perhaps, the most tantalising piece of news is that due to their growing Chinese business connections, built up through many years of 'knocking around the country', along with the trust CYC are now building, the company are planning to expand into non-IPO areas."It is important to understand that CYC are not a one dimensional business model. We are ambitious with various exciting prospects ahead." He added, "I can't tell you what these other businesses will be yet, but we are aiming to become the western gateway to a variety of different Chinese interests. Interests which will benefit our investors."I have spoken to various CEOs and Chairmans over the years and Michael McAlister ranks highly. This is not intended to be a ramp, but one feels this company, while still small, has an exciting future.So long as there are no-more major delays and a business momentum can be achieved, a year from now, we could see the company's potential coming to fruition.20/05/04 From Shares MagazineChinese floats called to account New accounting standards are being blamed for hold-ups in the promised wave of Chinese flotations in London.CYC Holdings (AIM:CYC) said in March it would float two companies on AIM by early June. One issue was to be an introduction, the other would involve a fundraising. The combined value was to be about �50 million.It now promises the floats will take place by 'mid July' at the latest and says the UK's adoption of international accounting standards is causing some difficulties. Points of dispute apparently include whether items are exceptional or extraordinary.This may sound arcane but it needs to be sorted out because CYC still hopes to run a conveyor line of flotations in London. With hindsight it would have been wiser to do one issue at a time, a spokesman conceded. Accounting headaches will only get worse as international standards start to bite. Next year companies must start charging for the cost of share options, a real hot potato.Shares says: Delays are not surprising. CYC still looks an intriguing punt.I hear Chinese wispers of an exclusive article will feature CYC within the next few issues in Shares Magazine. Hopefully, we may get more details on the future floats.2nd March 2004SUCCESSFUL PLACING OF FIRST CHINESE NEW ISSUE BY CYCCYC Holdings plc is pleased to report that following last week's preliminary announcement of three Chinese new issues being prepared - one for OFEX and two for AIM - the first of these has now come to fruition with the successful placing of 2,500,000 ordinary shares in SHH Group plc at 10p per share, raising �250,000.The placing is subject to shareholders' approval at an Extraordinary General Meeting to be held on 11 March 2004, following which the company will change its name to Sinovation plc.An application has been lodged for the shares to be traded on OFEX.Following the successful fund raising SHH is acquiring the intellectual property rights to a number of China registered patents and patent applications suited for use in the fields of ultrasonic data input and detection, which are linked to reactive touch screens and educational white boards where graphical script is used - greater China, Japan and Korea. Additional uses have been identified in the areas of data security and electronic voting.Progress is also being made on the two AIM placings and further announcements will be made when appropriate.4th February 2004CYC has announced that is now working with three Chinese companies -two being prepared for admission to AIM and one to be admitted to Ofex. Sinovation will be the first company to be listed on Ofex on 17th March. Subject to the approval of shareholders at an Extraordinary General Meeting to be held on 11 March 2004, the Company will acquire a number of Chinese registered patents and patent applications in the field of ultrasonic detection ("the IPR"). In addition, the current owners of the IPR will enter into employment contracts to provide their exclusive services to the Company inter alia for the innovation and development of the IPR and to work on projects in the same and other areas of technology.Next company to be listed is China Wonder likely to appear on AIM around April. All we know for now is that they arrange packaging for the pharmaceuticals industry.The third and most exciting company to be listed on AIM, is China-Cat which is a reseller of catalysts for the oil refinery business. I have it on good authority that we can expect a listing in the footsie 250 within three years.

why will the price not hold out?

CN

Turn the question around and ask why it SHOULD hold out, (for now). A few thoughts for consideration.

1. Interim turnover 25k
2. Only two floats thus far, and one more to come.
3. Nothing else announced in the pipeline.

On the plus side, (just so you don't think I am not balanced).

1. We don't know what the fees earnt for CWO were
2. Nor the prospective fees for China-Cat

I still can't see much of a turnover come the finals, so 2p is probably just about right for the time being. The slide this week was probably only halted on the back of a remarkable rise by CWO today.

All IMHO of course.

Regards

PTH

Regards

PTH

try BBOI BODISEN BIOTECH WWW.BODISEN.COM (PRIVATE CHINESE COMPANY)

Was a private company sorry before it went public

I think your right, but i think of cyc as a share crusade the longer they have gone on the more people have clung on to the excellent buisness idea of cyc, new poeple invest in cyc for the long term everyday, and I think that this tree can't be shaken, only an upward trend!

Looks like CYC is on the downtrend now

I have been looking for a time to go in. Solid sells ,zero buys yesterday ...price went up! same today, not one buy ....price gone up! Anyone aware of whats happenning? Are there are any key events/announcements due shortly that make now a good time to buy?Views/opinions appreciated

I think they're well worth investing in; China is a massive growth portal and the future will see many more companies coming to the AIM from there, China Wonder is doing OK and there are more on the horizon... If they've done it once and done OK, they'll do it again.

I think the recent swings are connected with China Wonder. It has done well over the last 2 days and CYC's SP has reacted accordingly.

wake up to cyc !!!!! the future is here, china wonder is just the start i bought at 42p look at them to-day, cyc have large stake the swing in price is obvious,next float soon," china-cat" then watch the cat get the cream.

700202 - better than buying cyc @ 3.98p one month ago.
I await your "obvious price swing".
Otherwise a good ramp. LOL

rhps- tipped today--- monday just might be spikey ha!
all aboard the shanghai express !

excuse ignorance but who is rhps?

Red Hot Penny Shares Tipsheet.

thanks,lets hope everyone dives in monday

Looks like they have so far - excellent!

lets give it an hour or so, see if it holds the inital gain !

016622 at 3.98 [a high] this is the obvious swing, look at cwo price at the same period,i bought cyc 2.8p and still hold 300k and i am happy,awaiting news of china cat

I also boughtat 2.8p andits good news so far today. I think it will be the usual problem of whether they can keep some regular positive updates flowing. The price of these small shares wither and die without news. but so far so good.

Where will the newsflow come from other than the next obvious "big" announcement which will be regarding the float of China Cat?