I like Grant Thornton. Another company based in Hong Kong that I was invested in, alif.ob, until they used a significant portion of their A/Rs to buy equity in a start-up in the Cayman Islands, just had their auditor, KPMG, resign. 3M has 10% of the company and everyone has used that (like longs used CV Starr here) to justify their position.
I believe there are issues with the CEO (Schoenberg) that are of concern but it's interesting that so many Chinese companies with U.S. registration (alif.ob is a Delaware corporation) are having problems.
It seems it would benefit the exchanges to figure out if these are just accounting differences or not. I don't think the exchanges want to lose the support of legitimately-listed companies in what will soon be the largest economy.
I've set up alerts on ameritrade for news releases. Thinking of taking a break from my addiction to these boards - not sure I'll succeed but several posters here have mentioned private PMs or emails. If someone like Andrew or Koufax sends out periodic updates, I'd be happy to give them my email address via PM.
At present, the situation is much better than it was when the first 8Ka was released.
Does anyone know the latest with Larry Isen - the guy from Colorado who suggested this could be the biggest short squeeze in history, or anything about Mike Koza (held 164K shares)?
Sorry for all the rambling. I'm thinking this will be my last post for a while (lucky you valueinvestor and lucky me for not having to read your ongoing defenses of yourself).
