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Mike, it was a scam. The biggest losers

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mauveman   Wednesday, 01/10/18 10:00:15 AM
Re: Ecomike post# 1607
Post # of 1621 
Mike, it was a scam. The biggest losers were the private investors despite the best efforts of a few to warn you. Fuhrlander paid a huge price and this long-standing family business went to the wall.

A-Power was a classic Chinese RTO scam. Mr Lu played it pretty well for a while. The BVI incorporation, the discounted share issue around 18 bucks, the phoney solar deal, the accounting of received cash before it had been received, the complex corporate structure, the lack of a single spinning turbine ANYWHERE, etc.

It was a long time ago. If you think it was all GE's fault then it seems you've learned nothing from it. It was a scam, you fell for it, even skibare worked it out eventually.

Best of luck aka mauveman (remember me?)

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