China Teletech Holding Inc (CNCT)

[mannken]

I don't really see any significant flags

just business as usual with Chinese companies, look at NQ and the muddy waters saga, plenty of big board companies with far worse accusations. In the filing and other docs, one upset director filed a complaint against all officers at the same time, sounds more like a personal vendetta than anything, regardless of the proceeding outcome, dropped because of jurisdiction in your words, it's mostly irrelevant to Jinke energy gaining access to the markets through the cnct r/m.

Besides, Liu, Guangyuan is running the Jinke business and operations, not the cnct CEO, whom, I remind has never been charged with any fraud in 10 years as stated and required in filings. Speculating on the trustworthiness of a person, without substantiating hard data to prove cause & effect is only opinion, driven by purpose to each their own.

Mr. Guangyuan Liu is Director of the Company, since January 28, 2015. Mr. Liu has been the General Manager and founder of Jinke since 2005. Before founding Jinke, he was the General Manager of Huizhou Lelansha Cosmetics Co., LTD. from 2002 to 2005.

I think it's good that you play the watchdog side and look for misleading information, it provides a good trading balance for longs to buy cheap and shorts to borrow at unsustainable prices, and yes, CNCT is shortable to the tune of 40k shares as of today through I/A. I am long at the current price.

Everyone processes caveat emptor and risk a little differently ;)