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Well maybe they are ignoring the rule..I think it's impossible to single out and catch any of this stuff anyway.
It looks like major shorting still going on! I thought the opposite would happen today.
It is magically working out perfectly for shorts. They now have 8 weeks to slowly cover until next news. It's all about manipulation.
I'll repeat...shorts always win.
Shorts seem to always win...too much power.
Litigation? Wouldn't they be arrested first? Does the Chinese Govt. even know or care? Litigation sounds like they might be found innocent.
Nervous. Seen it too many times. Only have a few hundred long.
Is there any kind of investigation or follow up with this company? Do they just take the money and walk?
You are correct. With all the jitters this could easily drop into the $8 range today.
"implode" ? It's a dime..is it 1926?
It's really amazing how much power the Shorts have. The ability to scare people is much more persuasive than truth and encouragement.
SOHO is moving
Because they never posted earnings...it's a total scam. There are no rules or enforcement.
SOHO now paying a dividend.
How are they even going to find him?
The perfect crime was committed here and everyone involved got away Scot-Free! I'ts been a year now with no action from The Chinese Govt. nor any legal action. Here are the winners:
Cai & Friends- Biggest winners approx. 6-8 million dollars just on the Longwei crime. Plus another 1.8 million on the 1.68 sell a few months before. I wonder how they'll claim that on taxes.
Toups- a little less than 2 million.
Geo- A little less than 3 million.
The Actors in the staged video, approx $17 US plus box lunch.
So then..nothing will ever happen to these people...they just move on to the next sucker.
Also, has everyone from the PUDA scam walked so far? No arrests I'm guessing. Does anyone care about this stuff...or was it just buyer beware?
Does anybody know the status of the real lawsuit against the company by investors? Not the fake lawsuit against Geo to create more slight of hand.
Her is what they sent me:
Thank you for your contacting us about Longwei Petroleum Investment Holding.
If the court certifies a class of shareholders and you purchased your shares during the Class Period defined by the court, you would automatically be included as a member of the class. If you do not serve as Lead Plaintiff, there is no action that you need to take at this time. If and when the case settles, you should be notified by a claims administrator. We recommend that you retain your trading records as you would need these to provide proof of your transaction history to file a Proof of Claim.
The prosecution of a class action is often lengthy. Please visit our website www.pomerantzlaw.com for updates on the case.
Why would a scam BS company even have that kind of scam insurance??
A quick reminder that they would have needed 50 trucks per day per facility to get close to the fabricaed numbers. Why they are perpetuating the lie is beyond me..nobody believes it. We all know they are buying time
First off M.T. is totally protected. I'm sure that during this "hide & shred" time a deal was cut to protect him. Why was he never prosecuted for past crimes? I assure you, they are buying time while papers shred and White Out dries.
2 resinations. Now we knbow there was an attempt at a forensic audit. Lookin like the last days of Nicoli Ceausescu. It ended real bad.
That singing you hear is the Fat Lady.
Puda is still in biz aren't they? No reprecussions? Unhappy Americans and thats it right?
Never got a loan because they weren't real....curious about the last aquisition though...was it a PUDA thing?? Did they really buy it? Why wasn't it working before...I thought they all needed iol?
Oh my gosh..how did we believe that these crooks were bringing in nearly 2 million dollars a day with a handful of 1967 Matchbox gas trucks.
They will be just as cunning with their legal wranglings as they were whilst scamming us.
Do we see resignations today?? It's inevitable now. LPH is looking like every other scam...and yes, more brazen.
They may continue to throw out an occasional carrot,,to buy more time to shred, hide, lie, and cheat. This way there will be minimal damage when the SEC steps in. The accounting firm is doing their part with their legal team right now to mitigate damage and prove how they were lied to. The T2 will continue as long as it is not questioned or as long as law allows. Buying time...buying time.
Yes, they returned. Working with lawyers for the best way to go about this..resignation and protection from Chinese negligence.
You are correct. Auditors meeting with lawyers = resignation = guilt. People have to start accepting this..I know many are. This is truely endgame.
Manti T'eo...Lance Armstrong...LPH...they come in 3s.
Andeson/Bradshaw will return with bad news and a resignation. Yes, this is my opinion...but it is following most of the others. This is grim...but we've all had time to accept. You have to think deeper and understand it is only money and you can't take it with you. Thankfully God is still in charge.
Also, since you are email friends...ask him when the resignation is.
Please have a little patience.
The request for questions was months or at least weeks before the cat got out. And yes there will be a resignation or at least a disappearance from the public.
Toups and Weitlan resign soon..I'm sure Cai told them to hang on while he gathers evidence...they soon will discover they've been had and both will retreat within a few days of each other.
If you can show that these are indeed their clients that would be great: Xishan coal electric, and Xishan gujiao base, and Zhang Ze power, and country electric wuxiang power plant, and Shanxi coking factory, and minfeng petrochemical, and Taiyuan Yan Yu petrochemical, and too coal gasification company, and Huozhou coal electric company, and provincial gas station, customer, involves Shanxi of all city, and County.