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Re: Long-vestor post# 1828

Friday, 11/21/2014 12:01:38 PM

Friday, November 21, 2014 12:01:38 PM

Post# of 2059
I think all issues arised from the Chinese- does Spencer hold some responsibilty for a deal with them- yes- but he ran a public company for many years without issue and not long after the deal with the Chinese side is when issues- bond from Chinese side- owners of the machines in China with pirated content on them etc.

This is the American side of the management team here and its a completely different entity here.

You can have a company with 200 employees and a presence in USA/China and the team in China does things that were completely unexpected- in the meantime auditors etc. have verified the cash on his other company is very real but no doubt its a mess..

See you at 50+ cents