Lentuo International Inc. (LASLY)

[BullSSSS]

It's a bit triggy I think. Company is registered in Cayman Islands and it operates in Beijing through another company (Beijing Lentuo International) so it could be triggy to sue this company which is good for the company and bad if you think of individual investors (which leads to a question can we trust Mr Guo and his long history with the company and is he still willing to fight for the future of Lentuo International).

I've read a few articles on Mr Guo from his earlier days. It's really hard for me to see that he would work 21 years building this company (and highlighting listing in NYSE in all of Lentuo's advertising) and the just vanishing with no excuse (usually with chiscams management gets caught overexaggerating earnings, stealing money and bumping and dumbing and so on). With Lentuo it is harder because the structure of the company is challenging and all the issues that are exposed could be explained just a simple misunderstanding.

Bothering thing is why they arent explaining their actions. It could be that they are not yet sure if they have done right or wrong (finding a way out of this before announcing anything they would regret later. Or it could be just a big fraud, but can you find another chinese company which is this much engaged to one person -> Mr Guo and would turned out to be a fraud. Usually these fraud companies keep their businesses "faceless" and it seems they are planned to be frauds from the beginning of their journey. Lentuo seems to be a company which is closely attached to mr Guo and has a long history. Just check out this video ; http://v.bitauto.com/vplay/41657.html

Hope for the best.