Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe we can find this Don K. Rice guy. He seems to be affiliated with a few companies. Im sure he knows plenty if he is even a real person
To me who gives a crap how much we get out of the law suit, i just want to see these frauds go down and be exposed. They need to go to prison and instead we are just sitting here helpless while they played us like their little puppets. Being nice or being a a-hole isn't going to get us anywhere either way. The longer we don't do anything they will all just disappear into thin air. Why would they stay around ? I'm not sure how I was convinced and fooled into holding on to this stock this long and getting myself trapped with it but I do know if I wouldn't of ever got on here and listening to all the pumping up and stayed on yahoo that I probably would of sold at $.30 when they had applied to do a split of the stock. I take the blame for being an idiot and not listening to my gut but I still think a few people on this board manipulated this stock as much as they could for their advantage. The timing of this board getting active and Kill how he came and gone had to know much more. O'well we all were suckers at least the ones on here that truly owned this stock
Damn looks like this was a old lawsuit that maybe never went through. I wish I would of saw this before I ever got in here. Bad sign when your own employees are trying to sue you for securities fraud
I did a little searching around for fraud articles on CNOA and found this. If this is true it looks like the employees are pissed too about the stock which could be good news for us. If they sue them over there this will bring more attention to it and maybe start communicating.This isn't dated but when I get a bit more time I will look into this more. At least something is happening and we aren't the only ones being treated like crap
http://shareholdersfoundation.com/caseinvestigation/investigation-behalf-former-and-current-employees-china-organic-agriculture-inc-co
I think your right if we could contact anybody or even know anybody is there. I think the lawsuit talk is because the only peep we have heard out of this company is from Jennifer who is no longer there. To me her leaving was a very bad sign for a company that is supposedly trying to reorganize and improve. If they wanted to do anything for us they would of done at least something by now. Anything at all would go so far with the shareholders and yet they choose to do absolutely nothing. Now the web-site is gone and they still are doing nothing. If anybody was there that cared that would be the very least they would do is keep their website up. They are taunting us and laughing at us because they know we are fing helpless and they can get away with anything they want. If they are willing to let this go this long I would be absolutely shocked if anything ever changes without some kind of legal action. If you think about it , why should they do anything if we just keep letting them get away with it.
I'm with you! At this point it seems crazy that they are just getting away with this and everybody feels like there isn't anything we can do. I would love to go visit them and really find out what is going on . Seems like it would be pretty simple to find out a lot if somebody was over there. The auditors if they could tell us more I'm sure would be very valuable. If they are in business still we might get lucky but if they have just disappeared than it would be really nice to know so we all can just move on from this and except our bad investment. The unknown is what is so hard. At this point good or bad I just want some answers
This is true but if they are actually a company and doing good like past reporting and didn't just disappear than a lawsuit would in fact happen and you would think they would try to avoid that. Them disappearing is the only way they would be able to get away with what they are doing, correct?It seems that if they are a real company this couldn't go on forever with out somebody taking it to them
We are looking forward to hopefully hearing good news from you!Anything right now is is really appreciated
Looks like you have more influence than I thought ITMD, the minute you throw in the town it starts going back down again. Just kidding. I do still have hope myself though if they still have employees there answering phones. Seems strange that if they choose to just drop off the radar than they would answer the phones.Anyways this has been about the most frustrating experience I would think a investor could have and it was our luck to be in it. Atleast they could come out and say they have lost money and let the stock go down to .00 in a way that makes us feel better about things.
Have you ever just seen a companies web-site just disappear like this? for this long? Very strange. I cant think of any reason why they would take it down. Even if they were redoing the web-site you wouldn't take it down until the other one was done. It could be more of the manipulation that has gone on here with the lack of communication. Seems that if they are legit that they would of communicated in some way by now unless they were trying to drive the share price down for some reason on purpose. Each step they have taken has significantly drove the price down and this is just one more step that could drive it down more. Maybe they are purposly trying to get this thing into the ground because they know they will get away with it and we cant do anything about it. Then they could just keep running there company with out any responsibility to the share holder. This to me seems like it is all planned out for what reason I don't know but nothing explains why they wouldn't put out a press release unless they wanted this to happen
Atleast the web site being taken down shows some kind of life! Anything at this point is better than nothing
The web-site could be down due to changing over to the other domain names. It seemed that Jennifer had a few different extensions in her email address
I talked to the auditing firm again and the gal I talked to was really nice. She couldn't answer many questions but she did confirm that they are still working for CNOA and that they do make trips quite frequently over to China for several companies. It did sound like they are just still waiting for documents from CNOA
Hopefully this means they are going to be updating it with some new information. You never know we still have a slim chance of getting lucky on this one! Or of course it could mean what you think but completely doubt they would choose to just disappear that way.
Somebody did answer though? That is good to hear
This was posted on the yahoo boards. Who is this Jason Wong and do you think this is an actual email or made up? It would be nice to see that they have somebody to contact again if this is real.
"Thanks for your continuous support to the company and much appreciated for your patience.
Due to the disclosure policy, the management are not recommended to have private discussion about the current situation other than 8K. According to our recent 8K filing, you can notice that our previous investigation legal counsel resigned due to the special committee members resigned. As the investigation was not completed yet, we invited high calibrate candidates to join us as independent director in July 12, the new special committee formed at the same time. The new special committee appointed Nixon Peabody as the new investigation legal counsel, Navigant was eventually engaged as forensic auditor. The investigation was started on August 26, the investigation result will go directly to the special committee and the company will have the remedial action plan if it is appropriated.
According to the action plan, the investigation will take 3-4 months. During the investigation period, the management was asked to remain silence to prevent any misleading disclosure issues. The 8K will be the channel for the company to communicate with our shareholders, please visit http://sec.gov/cgi-bin/browse-edgar?comp... or http://www.nivsgroup.com/english/ir/SEC.... for any 8K update.
Again, we are much appreciated for your investment to the company and your concerns are carefully read. Please feel free to call me if you would like to have a call for any further detail of the above events.
Thanks and regards,
Jason WONG"
ITMD have you seen or heard anything about this Saint Rice. Somebody posted something on yahoo board and looks like nobody on here has found anything that backs the sales or shows it even exists. Plus I wanted to see if your still around? I know there isnt much to take about but just checking
Something tells me if we look more into this brand world group this would give us some answers.
Even being fraud I think the stock has got to be well worth more than 2 pennies!
I love it! Nothing else is getting their attention. Even if the law firm gets most of who cares now, looks like we are f'ed either way at least they will be too
That's all I think anybody here wants to hear is something from anybody there! They have new management and I can't imagine new management would just sit back and watch this happen knowing what investors are sayin/thinking and do nothing unless they are a complete fraud. At this point how they have acted I do like the thought of a lawsuit even if we don't get much just to find out something and stick it to these a- holes for letting it get to this point. Even if they are legit this should be illegal to keep investors on the dark like this. Completely wrong what has happened no matter how this turns out.
Somebody has to be there to contact! Who was the law suit against? They lost the lawsuit and attorneys had to be meeting with somebody there. Who is responsible for submitting docs to the SEC. Seems to me we just need somebody that can communicate with them and ask them the appropriate questions. They have just a few major clients maybe if we look into who those are we can talk to somebody there to verify they are major clients and are buying product from them. Maybe the ones that the auditors are talking to? The auditors when over there had to be meeting with people at the company. Its a very tough confusing situation.
One nice thing here is that if you want it is very easy to lower your cost per share at a very low dollar amount . If average cost is $.30 like me to get shares 10/1 seems cheap. i only need it to go up 1000% to get back to even, what a company!
All nice thoughts but is going to take a miracle at this point. I'm still crossing my fingers but having a hard time figuring out ways that this is going to turn out good for us. Just hoping they don't just disappear completely
This is something we should look in to more or contact them. This could be bad new though because most of those companies listed have been heavily scrutinized of fraud even more than CNOA. I just read an article on UTA and it was pretty convincing(trading halted)> Do you much about them ITMD?
Yes any sign of caring about its shareholders would be huge right now but really doubt it at this point. Looking at other companies that looked like fraud they all seem to actually be fraud. Your not seeing to much positive signs at all come out, or companies proving that they are legit when looked like they weren't.Going after something to good to be true is for fools like us being blind
. If these companies weren't fraud they would prove it! There are so many ways for CNOA to prove that hey aren't fraud but they choose not to and the only way they would choose not to is if they are fraudulent. We f'ed up getting in this stock and staying in this stock. Every sign pointed to getting out but we kept grasping at pieces and little signs that they might not be. Or listening to guys like kill pump this up until it actually made me wonder what his motive was until he dumped out. Think about it even if they come out with earnings now who the hell would want to get in if this is how they handle their company and investors. They know that there is fraud speculation and they do NOTHING about it! No auditor would do all the work they did and then not sign off unless there were some serious problems. We are f'ed!
It still comes down to the main point of if they are fraudulent how are they benefiting? I don't get what the whole point of all this is unless they thought they could get the share price up to 3 or 4 dollars and then would sell but other than that how could reporting false numbers help them. It does seem that now on the pinks they are allowed to do anything they want and they obviously don't care about the share price anymore so why not just post all actual numbers even if they aren't good because anything is better than this. I really cant figure out why they cant clear this up with their auditor, its in both their best interest to get this finished up no matter what what the circumstances are. If they are fraudulent wouldn't the auditor be required to report that?
True.Your probably right. She probably is working from her home and didn't know much in the first place to give us.
Worth a shot. If she is gone Im surprised she is still answering emails. You would think the company would of stopped her from doing so. She must be working from home or something. Maybe if we pry we can get some more helpful info out of her since she is willing to talk.
So she is still there but leaving soon? Maybe we can get more out of her before she actually leaves. Like why is she quitting? Are we all just completely f'ed out of our money?
Confirmed by who via email? Is somebody else there taking emails?
If the auditor wont sign of on the reporting Im surprised they haven't resigned yet or CNOA hasn't let them go to get somebody in there that will do the job for them. Im sure its not that easy but they need to do something instead of just sitting back. Looks like we might of all been hussled
If they are planning on reporting why wouldn't this be driving them crazy to see this happen to their stock price. I cant think of one reason why they wouldn't put out a statement to shareholders if they cared even a little. This to me shows fraud more than all the rest combined. Lets hope im wrong but at these levels they really would of done more than they have if they aren't fraudulent. We are looking like fools more and more every day
I haven't received one back for three or four months now. Seems that I'm the only one she won't reply back to.
Well I'm sure because of the english barrier you must of misunderstood her. Why would a investor relations manager tell you she is quitting? She is still there emailing investors but telling you she is quitting? Don't you think this would get her fired before she quits. Just telling random investors this sounds very odd to me just like everything else. Also why is it you post the other emails but not the one she tells you this ? Maybe we can understand it better
We are still talking about less than $5000 in shares traded. I think most here realize trading now is like giving away free shares so why not wait it out. What a few grand more when we have lost so many
Kill why dont you post yours?
Where are you seeing that Jennifer is no longer there? I don't see that anywhere in the emails. If she quit wouldn't she be off their web-site?
What ever the situation is , giving up at this point is almost pointless with the pps where it is and no hard facts to show that they aren't what they say they are. At this point I agree with you and think hanging on until we get actual news to base selling on is the best bet here
That would make much more sense. To me this sounds like a part of the re-org they have been talking about. If this is the other subs than this probably isn't bad news and things just are still the same. As you I am very surprised that the auditor would give detailed reasons to an investor like this.