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Longwei's operations are conducted in the PRC and, accordingly, are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company's results may be adversely affected by changes in the political and social conditions in the PRC and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation.
Other potential risks and uncertainties include but are not limited to the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here.
Readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission. Longwei Petroleum Investment Holding Ltd. Forward-Looking Statements Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
In addition, Shanxi Province is a highly localized and specialty market, thus Longwei does not compete at the national level. I can also say that plans to have our Gujiao facility fully operational in January are on track, and the facility is already fulfilling some small but daily customer orders for us at this time. We look forward to strong growth in both Taiyuan and Gujiao during the next several years to come. Construction is expected to be completed by the end of Company Overview: Share count: Be the first!
New stock price? Are we getting paid? Thanks for the info. You are Guest on WEB8. Consent Preferences. Anyone receive their checks from the settlement yet?? Any news? Do you have a facebook account? I have. That link has nothing attached to it. They last posted on Nov 10, Any news or info?
Never received a check. Note that the company is still a CO. Rest assured that you are sitting on a. Anyone know anything? Has anyone heard any news on LPIH? The SEC has been contacted and they are. I personally think the company is doing fine. Has anyone tried to reach lpih and find. Now we'll find out if I was. The return of a revoked stock to active. Thanks for the reply. The most non biased,. You have to ask the company.
Private now? Longwei has no significant competitiors in Gujiao. Artistic drawing of proposed new plant and storage tank facility in Gujiao City, Shanxi Province. Direct Marketing : Longwei employs its own sales and marketing staff to directly establish the distribution and sales networks with its customers.
Its sales representatives regularly visit gas stations and fuel oil consumption intensive enterprises within its distribution footprint. Referrals: Referrals from existing customers continue to be a strong source of new customers. Longwei has identified an additional 7 significant customers that Longwei will aggressively seek business with and is hopeful to sign these customers to contracts for the calendar year.
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