The SEC has been contacted and they are working on Longwei. There are a bunch of ADR pre-release lawsuits going on, which is what happened to Longwei. This caused inappropriate short selling - phantom shares that were in effect naked shares. Google “adr pre release sec” and you will see a bunch of current cases. Here is one of them:
I think we should get some news from the SEC within a few months. They might be going after Fatty Boy too since he was acting as a whistleblower for the SEC. They frown upon that. The new SEC chief is going after Main St fraud and I am confident that we will be rewarded in the end.
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