$PLIN #nasdaqChina PPS undervalued. Financials are coming under the stringent overview to PCAOB requirements. (Xiangtai meets or exceeds all PCAOB standards) Audited results expected soon. Fundamental analysis will prove this could be a $5 PPS stock in the coming years.
https://pcaobus.org/Standards/Auditing/Pages/default.aspx

$IINX Ionix Technology, Inc. (OTCQB: IINX) is a holding company based in China IONIX is engaged in the photoelectric display and smart energy industries. Revenues increased by $4,955,221 or 208% for the three months ending December 31, 2019 as Gross profit increased by 242%

The company functions as a business aggregator in these high value market sectors and is currently undergoing corporate development and revenue growth with the objective of significantly enhancing shareholder value.

Revenue Generating Stock: IINX Ionix revenues increased by $4,955,221 or 208% for the three months ending December 31, 2019. Gross profit increased by 242%
Ionix Technology, Inc. (OTCQB: IINX) is a holding company based in China that is engaged in the photoelectric display and smart energy industries. The company functions as a business aggregator in these high value market sectors and is currently undergoing corporate development and revenue growth with the objective of significantly enhancing shareholder value.
Ionix Technology is well positioned in the photoelectric display field as the global demand for LCD panels is constantly increasing. The demand for twisted nematic (TN) and super twisted nematic (STN) liquid crystal materials remains generally stable. There is strong demand for Thin Film Transistor (TFT) liquid crystal materials and great potential in the global organic light-emitting diode (OLED) market. Drivers in the OLED lighting market include energy efficiency, highly desirable color quality, flexible, transparent and other advanced designs and low cost. Research projections place the OLED global market reaching over $48 billion in 2022.
Currently, IINX has embarked on the layout of industrialization and marketization of front end materials and back end modules of liquid crystal displays and applications of flexible folding display technology by taking Fangguan Electronics as production bases, to seize the market share of OLED high technology.
In the smart energy field, IINX is favored by increasing applications in the automotive sector, growing demand for smartphones, tablets and related devices, stringent government regulations aimed at reducing pollution levels and the enhanced efficiency of modern lithium-ion batteries.
Ionix Technology operates five subsidiary companies covering a range on capabilities as follows:
Changchun Fangguan Electronics Technology Co., Ltd. focuses on R&D, manufacturing and marketing LCM and LCD products. Total area of 25,000 square meters including a production purification workshop. The components produced here are widely used in display fields of many high-tech products.
Changchun Fangguan Photoelectric Display Technology Co., Ltd. specializes in developing, designing, and selling TN and STN LCD, STN, CSTN, and TFT LCD modules as well as other related products.
Shenzhen Baileqi Electronic Technology Co., Ltd specializes in LCD slicing, filling, researching and designing, and selling of LCD Modules (LCM) and PCBs. Complete LCM production flow to meet the needs of all kinds of LCD module products. Baileqi’s products are widely used in equipment that requires display terminals such as industrial control systems, rail traffic systems, smart city systems, HD projection, medical instruments smart home system, electronic automation and communications.
Lisite Science Technology (Shenzhen) Co., Ltd. is involved in the marketing and selling of intelligent electronic devices. After 7 years of operating history, Lisite’s clients include XiaoMi, WD and Pinex. With its manufacturing center focusing on assembly and production, Lisite has implemented a unified procurement system and independent operations with an innovative management model. Lisite also has strategic cooperation relationship with TMalll and JD.com.
Dalian Shizhe New Energy Technology Co., Ltd. is engaged in the new energy support service, and operating the photovoltaic power generation, electric vehicles and charging piles with corresponding operation and maintenance and three-dimensional parking. Shizhe has led and contributed to the completion of major regional projects such as the Hangzhou Xiaoshan International Airport and other projects of very high importance in China.
On January 24th IINX announced that it has engaged Maxim Group LLC as its financial advisor to assist in articulating growth strategy to the investment community and up-list IINX securities to a National Securities Exchange. This up-listing will allow IINX a bid to capitalize on its growth through the broad and developed investor base of the National Exchange. Ionix management believes listing to a National Exchange will enhance company visibility in the marketplace, increase the liquidity of its stock, and build long-term shareholder value.
On February 14th the company announced very positive financial results for the three months ended December 31, 2019.
Second Quarter 2020 IINX Financial Highlights:
• The total revenues increased by $4,955,221 or 208% from the three months ended December 31, 2018 to the three months ended December 31, 2019.
• Gross profit increased by 242% from the three months ended December 31, 2018 to the three months ended December 31, 2019.
• During the three months ended December 31, 2019 and 2018, net income was $135,658 and $6,854, respectively.
On April 6, 2020 Ionix Technology announced that its wholly-owned subsidiary Shenzhen Baileqi Electronic Technology Co., Ltd. (“Baileqi”) has re-accredited as Shenzhen High-Tech Enterprise, valid from December 9, 2019 to December 9, 2022. The designation is a recognition for leading technology companies in Shenzhen and makes Baileqi eligible for government benefits as a high-technology company.
The accreditation is reviewed rigorously in four areas, which are: key intellectual property rights of enterprises, transformation capacity of scientific and technical payoffs, organizational management level of R&D, and growth index of sales and assets. The approval of Shenzhen high-tech enterprises highlights the outstanding achievements of innovation and transformation of Baileqi.
Shenzhen Baileqi Electronic Technology Co., Ltd. plays an important role in Ionix Technology’s OLED module project. It introduced advanced OLED manufacturing processes and technology and conducted in-depth R& D and testing to implement the Company's strategic plan of the OLED market. Baileqi was always dedicated to be leading in its field and continues to organize and adapt ahead of change.


For more information on Ionix Technology visit: www.theiinx.com
Media Contact
Company Name: Ionix Technology, Inc.
Contact Person: Media Relations
Email: iinx@dgipl.com
Phone: +86-411-88079120
Address: Rm 608, Block B, Times Square, No. 50 Pe
City: Dalian City 116001
State: Zhongshan District
Country: China
Website: www.theiinx.com

$IINX Ionix Technology, Inc. Subsidiary Baileqi Re-Accredited as Shenzhen High-Tech Enterprise https://finance.yahoo.com/news/ionix-technology-inc-subsidiary-baileqi-123010040.html

Nutrastar is coming under increasing downward pressure even though 3rd quarter results should show a upward bias due to increased distribution channels & a government o.k. to enter foreign markets.

They have the current ability to triple production ahead of entering foreign markets along with increasing China penetration.

CNR - hearing this low-floater is about to be pumped hard. In at $1.02, as so many low-floaters lately have run to ridiculous prices. Level 2 looks big time thin.

LITB. On Watch Alert. IPO today.
http://www.lightinthebox.com/see-all.html

June 6, 2013: 5:36 PM ET
First Chinese IPO of 2013 surges 20%

After a six-month drought, the year's first Chinese company made its U.S. stock market debut Thursday.

Shares of Beijing-based Internet retailer LightInTheBox (LITB) surged 22% above their initial public offering price of $9.50.

Only two Chinese companies went public in the United States last year. The two companies that went public last year, online retailer Vipshop Holdings (VIPS) and social media firm YY Inc. (YY), have been welcomed by U.S. investors. Shares of Vipshop have gained 340% from their IPO price, while YY is up 150%.

LightInTheBox's IPO will help the company speed up its international expansion throughout the United States and Europe. It is a very fast-growing company with a vast and diverse product list. It's a comparable model to Amazon (AMZN, Fortune 500) in a smaller size.
http://money.cnn.com/2013/06/06/investing/chinese-ipo-lightinthebox/index.html

NUVI Get ready for the Friday China Momo Play. Super Thin, was in the 50's within past few months. NOW coming off the bottom

NUVI

CMGHF $.0595 Invest in a REAL China Company!

SEC CHARGES NEW JERSEY-BASED CONSULTANT TO CHINESE REVERSE MERGER COMPANIES
WITH VIOLATING SECURITIES LAWS
Washington, D.C., Dec. 11, 2012 - The Securities and Exchange Commission
today charged a New Jersey-based consultant with violating securities laws
and defrauding some investors while helping Chinese companies gain access to
the U.S. capital markets.
The SEC alleges that Huakang "David" Zhou and his consulting firm Warner
Technology and Investment Corporation located more than 20 private companies
in China to bring public in the U.S. through reverse mergers, and then
committed various securities laws violations in the course of advising those
companies and later assuming operational roles at some of them. After
earning millions of dollars in consulting fees, Zhou and his firm have left
several failed Chinese companies in their wake in the U.S. markets including
China Yingxia International, whose registration was revoked after the
company collapsed amid fraud allegations. The SEC has previously charged
several individuals and firms with misconduct related to China Yingxia,
including Zhou's son.
The SEC alleges that the elder Zhou engaged in varied misconduct ranging
from non-disclosure of certain holdings and transactions to outright fraud.
For instance, Zhou failed to disclose to investors in one company that he
engaged in questionable wire transfers of their money to evade Chinese
currency regulations, and he orchestrated an elaborate scheme to meet the
requirements necessary to list a purported Chinese real estate developer on
a national securities exchange. Zhou also stole $271,500 in investment
proceeds from a capital raise to make mortgage payments on a million-dollar
condo where his son lives in New York City.
"Zhou and his firm sought to take advantage of our financial markets by
propping up some Chinese issuers with the sole purpose of enriching
themselves at the expense of U.S. investors," said Andrew M. Calamari,
Director of the SEC's New York Regional Office.
According to the SEC's complaint filed in U.S. District Court for the
Southern District of New York, Warner Technology and Investment Corporation
advertises itself on its website as the first U.S. consulting firm that
successfully brought a Chinese private company public in the U.S. through a
reverse merger with an OTCBB trading company. Zhou's misconduct occurred
from at least 2007 to 2010. After completing the reverse mergers, Zhou
strongly influenced or even directed many of his clients' newfound U.S.
presence and obligations as public companies. He opened and controlled U.S.
bank accounts for many of his clients to pay for services rendered and
receive any proceeds from fundraising done in the U.S. This enabled Zhou to
control how and when offering proceeds were wired to China, and gave him the
ability to direct money to himself purportedly to collect fees or repay
loans made to the companies.
The SEC alleges that while Zhou raised $2 million for client American Nano
Silicon Technologies, he concealed from investors that their money would be
put at risk due to the circuitous manner in which he purportedly sent
investment proceeds to China. Unknown to the investors, Zhou controlled a
U.S. bank account for the issuer and sent hundreds of thousands of dollars
by wire transfer to multiple individuals in China who had no apparent
affiliation with American Nano. The process called for the individuals to
then wire the money to the company's CEO, who would transfer the money to
the company's Chinese bank account. Zhou failed to disclose to investors
that he engaged in these questionable wire transfers to evade Chinese
currency regulations. Although investment proceeds were in part used for
seemingly legitimate company expenses in the U.S. such as to pay
accountants, the transfer agent, and an investment bank, Zhou used some of
the money as his own. In addition to the $271,500 of investor money that he
siphoned away for mortgage payments, Zhou paid his wife a "refund" of
$40,000 for undisclosed reasons and wrote a check for $5,824 to "cash."
The SEC alleges that Zhou engaged in manipulative trading as part of his
scheme to list China HGS Real Estate on a national exchange, including
matched orders to meet the $4 minimum bid required for listing. Through
gifts of stock and a purportedly private sale to a broker-dealer, Zhou
schemed to artificially create a sufficient number of shareholders to meet a
listing requirement to have more than 400 "round lot shareholders" with 100
shares or more. The scheme succeeded, and Zhou's client was approved for
listing on the exchange.
According to the SEC's complaint, Zhou engaged in unregistered sales of
securities for several clients, including a $5 million offering to roughly
85 Chinese-Americans living in several U.S. states. Zhou and his firm also
improperly assisted with securities offerings for two clients while not
registered as broker-dealers, and they aided and abetted violations by other
unregistered brokers.
The SEC's complaint against Zhou and Warner Technology and Investment
Corporation alleges violations of Sections 5(a), 5(c), and 17(a) of the
Securities Act of 1933, Sections 10(b), 13(d), 15(a), and 16(a) of the
Securities Exchange Act of 1934, and Rules 10b-5, 13d-1, 13d-2, and 16a-3.
The SEC's complaint further charges Zhou for control person liability and
aiding and abetting violations of Section 10(b) and 15(a) of the Exchange
Act, and Rule 10b-5(b).
The SEC's investigation was conducted by Celeste A. Chase, Eduardo A.
Santiago-Acevedo, and Osman E. Nawaz in the New York Regional Office with
assistance from Frank Milewski. The SEC's litigation will be led by Paul
Gizzi and Mr. Nawaz. The SEC appreciates the assistance of the Financial
Industry Regulatory Authority (FINRA) in this matter.

Just got your pm. I thought at the time it would be decent for a quick trade and once I saw that they filed to increase the authorized shares by 4X the amount, I got out. Its not a surprise what its done, as 99.9% of pinks are big POS.

Everything is going greath though and havent been concentrating as much on investing over the last 12-18 months(probably a good thing), as Ive been fairly busy, but still try and keep track a little bit and post every so often on a board I moderate. If you ever want to share some ideas, trading, long, or technical, feel free to stop over to the "progressive stocks" board.

I hope youre doing well too. Happy Holidays

LPH 1Q FY 2013 volume 17.8% yoy. Naysayers looking bad lol.

TAIYUAN CITY, China, Nov. 5, 2012 /PRNewswire-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced that its first fiscal quarter ended September 30, 2012 sales volume increased 17.8% year-over-year.
For the three-month period ended September 30, 2012, Longwei reported its product sales volume increased 17.8% year-over-year to 110,587 metric tons ("mt") compared to 93,862mt for the three-month period ended September 30, 2011. Fuel prices in the PRC increased in both August and September following three consecutive retail price cuts between May and June due to the fluctuation in the international price of crude oil. The current retail price level for gasoline of RMB 9,640/mt is approximately the same price level as May 2012. The Company began to realize higher average sales prices in September and in this current quarter ended December 31, 2012.
Longwei plans to hold a conference call on November 14, 2012 to discuss its financial results for the first fiscal quarter ended September 30, 2012. The Company will file its Form 10-Q on or before the filing date of November 14, 2012.
"We are pleased to see the up-tick in our sales," said Cai Yongjun, Chairman and Chief Executive Officer of Longwei. "The volume increase, combined with recent sales price increases and our purchase of the Huajie facility, positions us for strong growth in fiscal 2013."
Apparent oil demand in China, the world's second-largest consumer, will increase by 340,000 barrels a day in 2013 as refiners increase output amid "modest" economic recovery, according to Barclays Plc. "Signs of improvement have emerged and China's underlying oil demand may have bottomed out and begun to recover," said Sijin Cheng, a Barclays Singapore-based analyst, in a research note on October 31, 2012. Apparent oil demand is the sum of production output and net imports of oil products, including diesel and gasoline. China Daily (November 1, 2012).
"The Huajie facility nearly doubles our storage capacity to a total of 220,000 metric tons and extends our reach into the fast growing industrial area of northern Shanxi Province," stated Mr. Cai. "Since opening the facility, we have signed contracts with at least nine major regional industrial companies in mining, steel and logistics, and we are in negotiations with several more."
Longwei expects year-over-year revenue growth of approximately 26.6% to $646.3 million, and net income growth of approximately 24.2% to $77.6 million, adjusted for the warrant derivative liability, for the fiscal year ending June 30, 2013. This growth rate does not account for any external financing for inventory, which could accelerate growth. The growth is driven primarily by the ramp-up of the Huajie facility and organic growth at the Company's two existing facilities.
"The northern Shanxi region's growing industrial and vehicle market demand, combined with our proven ramp-up performance of our Gujiao facility since 2010, which has now grown to account for approximately 48% of our total product sales, or US $233.8 million at fiscal year-end 2012, strengthens our confidence that we can quickly ramp-up sales at the Huajie facility," said Michael Toups, Chief Financial Officer of Longwei.
Longwei is scheduling the date of its annual shareholder meeting to be held during December 2012. The Company also plans to host an investor and analyst day to invite shareholders and interested parties to tour its facilities in January 2013. The Company has received strong interest from institutional and private investors in visiting its facilities, including the new Huajie facility. Once plans are finalized, the Company will release additional details.
The Company recently reported revenues of US $510.6 million and net income of US $65.1 million for the fiscal year ended June 30, 2012. At the June 30, 2012 fiscal year-end, the Company reported total assets of US $342.3 million and a book value per share of $3.31.
About Longwei Petroleum Investment Holding Limited
Longwei Petroleum Investment Holding Limited is an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China. The Company's oil and gas operations consist of transporting, storing and selling finished petroleum products, entirely in the PRC. The Company's headquarters are located in Taiyuan City, Shanxi Province. The Company has a storage capacity for its products of 220,000 metric tons located at three storage facilities within Shanxi: Taiyuan, Gujiao and Huajie, which have an individual storage capacity of approximately 50,000 metric tons ("mt"), 70,000mt, and 100,000mt, respectively. The Company has the necessary licenses to operate and sell petroleum products not only in Shanxi, but throughout the entire PRC. The Company's storage tanks have the largest storage capacity of any non-government operated entity in Shanxi.
The Company seeks to earn profits by selling its products at competitive prices with timely delivery to transportation companies, coal mining operations, power supply customers, large-scale gas stations and small, independent gas stations. The Company also earns revenue from agency fees by acting as a purchasing agent for other intermediaries in Shanxi, and through limited sales of diesel and gasoline at two retail gas stations, each located at the Company's Taiyuan and Gujiao facilities. The Company seeks to continue to expand its customer base and distribution platform through the utilization of its large storage capacity, which allows the Company the flexibility to take advantage of pricing, supply and demand fluctuations in the marketplace.
Longwei was recently named to the Forbes list of "Asia's 200 Best Under a Billion" from a universe of 15,000 companies. Forbes ranked the companies based on sales growth, earnings growth and return on equity in the past 12 months and over three years. As was reported, Longwei's three-year track record is 45% sales growth, 28% earnings per share growth and 28% return on equity. The Forbes article can be found at: http://www.forbes.com/sites/christinasettimi/2012/07/25/asias-200-best-under-a-billion.

LPH 1Q FY 2013 volume 17.8% yoy. Naysayers looking bad lol.

TAIYUAN CITY, China, Nov. 5, 2012 /PRNewswire-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced that its first fiscal quarter ended September 30, 2012 sales volume increased 17.8% year-over-year.
For the three-month period ended September 30, 2012, Longwei reported its product sales volume increased 17.8% year-over-year to 110,587 metric tons ("mt") compared to 93,862mt for the three-month period ended September 30, 2011. Fuel prices in the PRC increased in both August and September following three consecutive retail price cuts between May and June due to the fluctuation in the international price of crude oil. The current retail price level for gasoline of RMB 9,640/mt is approximately the same price level as May 2012. The Company began to realize higher average sales prices in September and in this current quarter ended December 31, 2012.
Longwei plans to hold a conference call on November 14, 2012 to discuss its financial results for the first fiscal quarter ended September 30, 2012. The Company will file its Form 10-Q on or before the filing date of November 14, 2012.
"We are pleased to see the up-tick in our sales," said Cai Yongjun, Chairman and Chief Executive Officer of Longwei. "The volume increase, combined with recent sales price increases and our purchase of the Huajie facility, positions us for strong growth in fiscal 2013."
Apparent oil demand in China, the world's second-largest consumer, will increase by 340,000 barrels a day in 2013 as refiners increase output amid "modest" economic recovery, according to Barclays Plc. "Signs of improvement have emerged and China's underlying oil demand may have bottomed out and begun to recover," said Sijin Cheng, a Barclays Singapore-based analyst, in a research note on October 31, 2012. Apparent oil demand is the sum of production output and net imports of oil products, including diesel and gasoline. China Daily (November 1, 2012).
"The Huajie facility nearly doubles our storage capacity to a total of 220,000 metric tons and extends our reach into the fast growing industrial area of northern Shanxi Province," stated Mr. Cai. "Since opening the facility, we have signed contracts with at least nine major regional industrial companies in mining, steel and logistics, and we are in negotiations with several more."
Longwei expects year-over-year revenue growth of approximately 26.6% to $646.3 million, and net income growth of approximately 24.2% to $77.6 million, adjusted for the warrant derivative liability, for the fiscal year ending June 30, 2013. This growth rate does not account for any external financing for inventory, which could accelerate growth. The growth is driven primarily by the ramp-up of the Huajie facility and organic growth at the Company's two existing facilities.
"The northern Shanxi region's growing industrial and vehicle market demand, combined with our proven ramp-up performance of our Gujiao facility since 2010, which has now grown to account for approximately 48% of our total product sales, or US $233.8 million at fiscal year-end 2012, strengthens our confidence that we can quickly ramp-up sales at the Huajie facility," said Michael Toups, Chief Financial Officer of Longwei.
Longwei is scheduling the date of its annual shareholder meeting to be held during December 2012. The Company also plans to host an investor and analyst day to invite shareholders and interested parties to tour its facilities in January 2013. The Company has received strong interest from institutional and private investors in visiting its facilities, including the new Huajie facility. Once plans are finalized, the Company will release additional details.
The Company recently reported revenues of US $510.6 million and net income of US $65.1 million for the fiscal year ended June 30, 2012. At the June 30, 2012 fiscal year-end, the Company reported total assets of US $342.3 million and a book value per share of $3.31.
About Longwei Petroleum Investment Holding Limited
Longwei Petroleum Investment Holding Limited is an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China. The Company's oil and gas operations consist of transporting, storing and selling finished petroleum products, entirely in the PRC. The Company's headquarters are located in Taiyuan City, Shanxi Province. The Company has a storage capacity for its products of 220,000 metric tons located at three storage facilities within Shanxi: Taiyuan, Gujiao and Huajie, which have an individual storage capacity of approximately 50,000 metric tons ("mt"), 70,000mt, and 100,000mt, respectively. The Company has the necessary licenses to operate and sell petroleum products not only in Shanxi, but throughout the entire PRC. The Company's storage tanks have the largest storage capacity of any non-government operated entity in Shanxi.
The Company seeks to earn profits by selling its products at competitive prices with timely delivery to transportation companies, coal mining operations, power supply customers, large-scale gas stations and small, independent gas stations. The Company also earns revenue from agency fees by acting as a purchasing agent for other intermediaries in Shanxi, and through limited sales of diesel and gasoline at two retail gas stations, each located at the Company's Taiyuan and Gujiao facilities. The Company seeks to continue to expand its customer base and distribution platform through the utilization of its large storage capacity, which allows the Company the flexibility to take advantage of pricing, supply and demand fluctuations in the marketplace.
Longwei was recently named to the Forbes list of "Asia's 200 Best Under a Billion" from a universe of 15,000 companies. Forbes ranked the companies based on sales growth, earnings growth and return on equity in the past 12 months and over three years. As was reported, Longwei's three-year track record is 45% sales growth, 28% earnings per share growth and 28% return on equity. The Forbes article can be found at: http://www.forbes.com/sites/christinasettimi/2012/07/25/asias-200-best-under-a-billion.

Fabulous gains were made in both 2009 and 2010 by those that were long and fabulous gains were made in 2011 and 2012 by those that were short. There are still a mountain of fraudulent companies IMO that haven't yet been called out, but also others that are legit with the possibility of huge future gains ....

"Hi guys... I have a stupid question but would like to have a honest answer... is anyone of you making any descent money trading China?"

Hi guys... I have a stupid question but would like to have a honest answer... is anyone of you making any descent money trading China?

I've read all of the 10-Q's and must have missed that. The CEO's current salary from Gold Horse is $180K and he takes it all in stock. I viewed this as his attempt to recover some of the dilution that he had to endure when Gold Horse couldn't repay the notes and had to issue shares at $4, which was a terrible price back then. His salary from the Jin Ma companies was $26K in FY 2011.

The total amount of money contributed by US shareholders was only $1M, which has been more than used up on listing-related expenses. So what should the company give back?

If you look at one of the old 10Q's, the CEO bought a $180K sports car with shareholder money. You expect this crook to give something back ? ROTFLOL. Never.

GHII Gold Horse Shareholders

I am looking to assemble a group of shareholders for the purposes of attempting to communicate with and reach a reasonable resolution with the company - perhaps something that would permit the company to raise capital elsewhere and give us something for our investment. Please email me at torridgrowth@yahoo.com with your share count, esp. if you own a moderate number of shares (10,000 or more).

Michael Koza

LPH - now above the warrant redemption price.

A very small step forward; Paul Gillis has an excellent analysis that shows this wasn't a substantial game-changer:

http://www.chinaaccountingblog.com/weblog/pcaob-deal-sec-next.html

According to the China Daily report, the PCAOB will be permitted to observe official auditor inspections in China, yet will not be permitted to observe detailed reviews of specific audits.

PCAOB inspections have two parts. First, the PCAOB reviews certain aspects of the firm’s quality control system. This is the part of the Chinese inspections that the PCAOB is being allowed to observe. The second, more substantive part, of the inspections includes reviews of certain aspects of selected audit work performed by the firm. Every audit is not reviewed; rather a sample of audits covering a range of partners and offices is selected. The review of individual audits is the most important part of a PCAOB review, and this is the portion that the PCAOB is not being permitted to observe in China.

....

Closely related to the PCAOB inspection issue is the current standoff between Deloitte and the SEC over access to the working papers for Longtop Financial Technologies. In July, the SEC asked for and was granted a six month stay in the action against Deloitte in U.S. Federal Court on the basis of ongoing negotiations with Chinese authorities that the SEC hoped would lead to access to the working papers. The judge ordered the SEC back to court in January to report on the negotiations. If the negotiations fail, I expect the SEC will be asking the judge to sanction Deloitte. These sanctions might include barring Deloitte China from auditing U.S. listed companies and may prompt the SEC and the PCAOB to ban all Chinese CPA firms from U.S. audits. That could lead to the mass delisting of U.S. listed Chinese companies.

-------------------------------

I would also like to see the Chinese authorities actually prosecute some of the financial scams that have taken place here....but I'm not holding my breath. Until there are better financial protections for US shareholders in place, I doubt you will see many in this country want to own these Chinese companies long term.

U.S. Reaches Auditing Deal With China:

I apologize if this has been posted, but huge news for the sector!



http://www.nytimes.com/2012/10/10/business/global/us-reaches-auditing-deal-with-china.html

Longwei's Margin Likely to Remain High As China Delays Downward Gas Price Adjustment

According to this article published in China, because average international crude oil price for the past 22 days dropped by just less than 4%, the price drop did not meet central government's policy of only adjusting retail gasoline/diesel prices when there is larger than +-4% movement in international crude price.

If international crude price stays around current level for extended period, Longwei's gross margin in will stay at high level because its current sales price is at the highest point of this year while its input price is at a relatively low level of the year (compared to the time when international crude was at almost $110 per barrel earlier this year).

http://www.maxsoarfinancial.com/index.php/en/ourviews/stocks/88-longwei-margin-likely-to-remain-high-as-china-delays-downward-gas-price-adjustment

CHRI up on volume. Reversal of downtrend. Big upside. Put it on your radar.

Koufax - do you know where I can see court docs for GURE

California

Lewy, et al. v. Gulf Resources, Inc., et al. , No. 11-cv-3722 ODW

ACTS: Strong Q and 600,000 shares bought back.

Very nice.

http://finance.yahoo.com/news/actions-semiconductor-reports-first-quarter-201000382.html

CHRI can double next week when earnings independent audit is released. SP beat up because they are filing late. Is CHRIE for now will go back to CHRI next week when they file. Company is not new, they've never disappointed, and they have filed late in the past. Great buying opportunity.
http://www.nasdaq.com/symbol/chrie

put CHRI on your radar. P/E of 1.5
Great story, great product, great financials. Entering US market.
When earnings hit any day now stock price could easily double to $.09 range
check for yourself

CTC Has No Debt & $2.50 a share Cash doing reverse so float getting Microscopic

GPRC earning per share 64 cents

GPRC insiders hold 60% of shares

GPRC no debt, float 8 million

GPRC, 12.5 million dollars net profit

CCME The shareholder suing in Delaware for access to the books and records of the company has won a court order permitting him to do so, subject however to a confidentiality provision.

New board, focused solely on day trading china stocks.

China Trading Stocks
http://investorshub.advfn.com/boards/board.aspx?board_id=24341

TBOW: News.



I believe the Barclays is a serious cut above the usual dog and pony shows some of these companies subject themselves too. This may be an important step up.

Plus, 10K and live webcast 3/30/2012.


http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201203190700PR_NEWS_USPRX____CN72205&feedID=600&press_symbol=29708084

Dear viking86,

I am no longer a member so I can't reply to your e-mail. See the YMB to which you indirectly referred in your e-mail.

K

CCME - and TDA clearing house still won't release the shares.
Never seen anything like it.

CCME has filed a motion to dismiss the class action lawsuit brought against it. the memorandum in support denigrates Muddy Waters and Citron Research, saying that they rely upon undisclosed sources and false documents; that Deloitte's resignation does not indicate that their SEC filings were false, only that CCME was unable to respond quickly enough to some unusual demands; that the DLA Piper inquiry is still ongoing (a year later); and that the class action lawyers do not appear to have undertaken any independent inquiry.

Check out AIVI. New to iHub. Way under valued. Current price .21. .35 EPS for first 9 months of 2011. Major growth projected.

GRVY: AHs


http://fyxnews.com/smw/22037/Top-Gainers-in-After-hours-Today-Mar-2

TBOW: Better links for post. Looking good.



http://seekingalpha.com/article/318808-trunkbow-capitalizing-on-the-china-mobile-revolution?source=yahoo


http://finance.yahoo.com/news/Trunkbow-International-China-prnews-2220824863.html?x=0

TBOW: Correct links. My apology



http://seekingalpha.com/article/318808-trunkbow-capitalizing-on-the-china-mobile-revolution?source=yahoo


http://finance.yahoo.com/news/Trunkbow-International-China-prnews-2220824863.html?x=0

$TBET...low floater, sub 1 p/e, $1.75 in cash, she's gonna go

http://finviz.com/quote.ashx?t=tbet

ChinaCast Forms Special Committee To Consider All Strategic Alternatives


(RTTNews.com) - ChinaCast Education Corp. (CAST) said its Board of Directors formed a special committee of independent directors to consider all strategic alternatives that would enhance shareholder value after receiving an unsolicited bid for the company made by a qualified institutional investor at a significant premium to the current market price of the company's common stock.

ChinaCast announced that the Special Committee has retained Paul, Weiss, Rifkind, Wharton & Garrison LLP to act as its independent legal counsel and Credit Suisse Securities (USA) LLC to act as its financial advisor in connection with the Special Committee's evaluation of strategic alternatives.

According to the company, the Special Committee, working with its advisors, plans to proceed in a timely and orderly manner, but has not set a definitive timetable for completion of its evaluation, and does not currently intend to announce developments unless and until a definitive transaction or strategic option has been approved. ChinaCast cautions that there are no guarantees that the strategic alternative review process will result in a transaction or, if a transaction is undertaken, the terms or timing of such a transaction.

For comments and feedback: contact editorial@rttnews.com

http://www.rttnews.com

http://www.nasdaq.com/article/chinacast-forms-special-committee-to-consider-all-strategic-alternatives-20111208-01150

Chinese solar stocks have bottomed out and are starting a big rally. The short sellers are covering.
Demand is increasing and the over supply is quickly being eaten up with a surprising big increase in German installations.
China looks to double demand this year and support the Chinese solar companies.
I am buying the following Chinese solar stocks; YGE, TSL, HSOL, JASO, DQ, CSIQ and SOL.
I also like PWER.

GRVY for sharing a good idea.. ..Thanks ..XIN and My both have the same metrics ..IPO'd much higher

GRVY: IPOed in 2005 @ $12.00.


It got destroyed and hit a low of 1.13 a few months back.

Now it knocking on 2.00 as the very big launch of RO2 is only a few weeks away.

Mark my words.

Gravity will trade over 10 bucks a share in due time.

In addition, as a prime social gamer it will likely get some updraft from the FaceBook frenzy as well.


Last 10-Q:
http://finance.yahoo.com/news/GRAVITY-Reports-Third-Quarter-pz-3208067133.html?x=0&.v=1

TIM...Post all you want....

Any china small caps INVESTABLE ???.. Im looking at some IPO's that got trashed

Stocks ‘Untouchable’ to Arbess on Taint of Short Selling: China Overnight

By Zachary Tracer and Ye Xie - Feb 2, 2012 1:23 AM GMT+0200


Chinese stocks traded in the U.S. have been tainted by allegations of fraud involving companies like Sino-Forest Corp. (TRE) and are “pretty much untouchable,” according to Perella Weinberg Partners LP’s Daniel Arbess.

The Bloomberg China-US 55 index of Chinese stocks listed in New York slid 8.3 percent last year, after surging 54 percent in 2009 and 2010, as short sellers -- traders who bet asset prices will fall -- highlighted accounting irregularities by companies traded in North American markets.

Muddy Waters LLC’s Carson Block alleged Sino-Forest and U.S.-traded digital advertiser Focus Media Holding Ltd. overstated assets, spurring a regulatory investigation into the timber company and a 39 percent plunge in Shanghai-based Focus Media’s American depositary receipts the day Block’s report was released.

Short sellers have “clobbered the valuation of the companies,” Arbess said at the Bloomberg Link China conference in New York yesterday. “Once somebody yells fire, the market’s inclination is to get out of the building and worry about that later.”

Arbess has previously said Block’s claims about Chinese companies are unproven.

The Bloomberg China-US 55 Index of the most-traded Chinese New York-listed stocks climbed 1.6 percent to 104.96 in New York, the highest close in almost five months. Commodity producers led by Cnooc Ltd. (883) and China Petroleum and Chemical Corp. widened their premiums over Hong Kong shares on signs manufacturing from China to Germany and the U.S. is strengthening.
Focus Media Surges

ADRs of Cnooc, China’s biggest offshore energy producer, gained 3.7 percent to $210.91 to trade at a 2.3 percent premium over shares listed in Hong Kong. China Petroleum and Chemical, known as Sinopec, gained 2.4 percent to $123.05, expanding its premium to Hong Kong to 1.1 percent.

Focus Media (FMCN), which Muddy Waters’ Block said embellished the size of its advertising network and paid too much for acquisitions that were subsequently written down, surged 9.9 percent to $21.97 in New York, its biggest one-day gain since November. It was the biggest gainer on the China-US 55 index. Focus Media denied Block’s assertions on Nov. 22, saying that his report reflected a misunderstanding of its business.

Chinese equities are cheap and offer some of the best returns among global stocks, Kevin Pollack, a fund manager at Paragon Capital LP in New York, which invests in U.S.-traded Chinese shares, said at the Bloomberg Link conference.
‘Growth Story of Our Lifetime’

“There is a cleaning up process taking place right now and not every short seller attack is a success,” he said. U.S.- traded shares in Chinese companies will rise as the nation is the “growth story of our lifetime,” Pollack said.

Investors that are unwilling to buy Chinese stocks because of the taint of the fraud allegations will find it difficult to get exposure to the nation’s Internet, real estate, construction materials and retail sectors, Arbess said.

Casino operator Melco Crown Entertainment Ltd. (MPEL) gained 5.3 percent to $11.75 in New York as Macau, the world’s largest gambling hub and the only Chinese city where public gambling is permitted, reported casino revenue rose 35 percent in January, beating analysts’ estimates. Melco Crown’s ADRs traded at a 4.7 percent premium over its Hong Kong shares.

U.S. manufacturing grew at the fastest pace in seven months in January, data released yesterday by the Institute for Supply Management in Tempe, Arizona showed. China’s official manufacturing index unexpectedly showed expansion in the world’s second-largest economy, while a gauge from HSBC Holdings Plc and Markit Economics reached the highest level in three months. Data from the U.K, India, and Germany also showed manufacturing increased last month.
No Hard Landing

“The data today do help the whole story that maybe the economy isn’t as weak as some people feared,” Geoffrey Dennis, a global emerging-market equity strategist at Citigroup Inc, said by phone from Moscow. “Gradually the concerns about a hard landing in China will begin to fade. At the same time they will be easing fiscal and monetary policy.”

The Chinese economy will probably grow at an average 8 percent to 10 percent over the next 10 years, David Rubenstein, co-chief executive officer of private-equity firm Carlyle Group LP and Stephen Leeb, president of Leeb Capital Management Inc. in New York both said at the Bloomberg Link conference. Gross domestic product expanded 8.9 percent in the last three months of 2011, the slowest pace for 10 quarters.
Internet Stocks ‘Attractive’

Investors wanting to hedge against a possible hard landing in China should bet on declines in Chinese stocks and commodities, Gary Shilling, president of economic consulting firm A. Gary Shilling & Co., said at the conference today.

Indexes in Hong Kong and Shanghai fell yesterday on speculation the government may refrain from immediate loosening of monetary policy to stoke growth. The Hang Seng China Enterprises Index (HSCEI) slid 0.4 percent to 11,253.80 in Hong Kong and the Shanghai Composite Index (SHCOMP) lost 1.1 percent to 2,268.08.

There are some “bargains” among U.S.-listed Chinese stocks and a lot of opportunities in Internet companies, Paragon Capital’s Pollack said. “Chinese web IPOs in particular is a very attractive area,” he said, referring to companies that have conducted initial public offerings. Pollack said he used to have short positions on the sector.

Online video website-operator Youku Inc. (YOKU) gained 7.1 percent to $22.91 in New York yesterday, while Sina Corp (SINA)., which operates a service similar to Twitter, added 5.2 percent to $73.89. Social-networking site Renren Inc. (RENN) slid 9.7 percent to $5.01 and online bookseller E-Commerce China Dangdang Inc. (DANG) fell 4.8 percent to $7.

Facebook Inc., the dominant social networking site, filed to raise as much as $5 billion in an initial public offering in New York yesterday. The company didn’t specify the number or price of shares it will offer.

The iShares FTSE China 25 Index Fund, the biggest Chinese exchange-traded fund in the U.S., climbed 1.5 percent to $39.42. The fund is a popular way to trade China in New York “because it is liquid,” Kevin Carter, co-founder and chief executive officer at Baochuan Capital Management LLC, said at the conference.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net Ye Xie in New York at yxie6@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net