Tuesday, July 07, 2009 1:37:56 AM
YHGG is "unsolicited"
Until they find a market maker to file a Form 211 and represent them, they are no better than a Greysheet. Also, Gansu Hongxin Public Accountants co. Ltd is not a PCAOB registered firm. They could be a chop shop for all I know. Auditors must always be PCAOB registered http://www.pcaob.org
The reason SIAF sparked my interest was because the company had Madsen and Associates listed as their auditor of which I confirmed early on.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=35435833&txt2find=madsen
They are a PCAOB firm http://www.pcaob.org/Registration/Registered_Firms_by_Location.pdf
Key things to look for when DD'ing pinks.. who is the auditor and attorney. If they have not retained legitimate professional consultation I typically ignore them. The people hired to work with the company says a lot about management. That is why I jumped all over SIAF and now hold a significant investment. You don't hire professionals unless you are looking for professional results.
Until they find a market maker to file a Form 211 and represent them, they are no better than a Greysheet. Also, Gansu Hongxin Public Accountants co. Ltd is not a PCAOB registered firm. They could be a chop shop for all I know. Auditors must always be PCAOB registered http://www.pcaob.org
The reason SIAF sparked my interest was because the company had Madsen and Associates listed as their auditor of which I confirmed early on.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=35435833&txt2find=madsen
They are a PCAOB firm http://www.pcaob.org/Registration/Registered_Firms_by_Location.pdf
Key things to look for when DD'ing pinks.. who is the auditor and attorney. If they have not retained legitimate professional consultation I typically ignore them. The people hired to work with the company says a lot about management. That is why I jumped all over SIAF and now hold a significant investment. You don't hire professionals unless you are looking for professional results.
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