NetQin Mobile Inc fka NQ

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I'm not looking at this report thru rose-colored glasses but NQ had to do a lot of cleaning house to get their financials and their reporting in order to be trusted by Western investors. I believe that is why the 4x or 19.9 million loss is an effort to come clean and gain some trust back from investors. The company is making money. I see it as a one time thing rather than a systemic issue. at any rate the company's valuation as it stands right now, very under valued. This is an 8 dollar stock. I think they are taking the right steps to get to where they need to be and I believe that this first qrt report will come quicker than people think. I think it was planned that they would one-two punch those reports to give the stockholders a boost plus with the buy-backs, feels like a good attempt at settling the issue over any questionable financial standing. IMHO.