If you guys are serious going down this path the first thing...

If you guys are serious going down this path the first thing that I can suggest is to have all the "contracts", "expenses" and any 'related parties" transactions reviewed.

You may find that some of the money spent by GXY are not always to the benefit of shareholders.

With the plant being in China, and the product is sold in China the hard thing will be all the receipts.

Operating in China means you have to "look after" certain parties. Whether this "fee" is excessive or exorbitant the answers will come out if you can audit the books in full ...meaning a forensic accounting team will be needed.

GXY has raised say $450-500m through both debt and equity. Capital raising fees are about 6-7% so you can say that they raised a net of at least $400m. To date if you are finding it hard to see where all this money went ... probably means there is funny business.

Up to you all to decide what to do. I have been involved in a few court cases myself and this is where I usually start off...have a forensic accountant look at the entire books of spending.