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PeterD

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PeterD

Re: None

Saturday, 05/07/2011 2:52:47 PM

Saturday, May 07, 2011 2:52:47 PM

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WATG: Anyone have any info regarding the halt? It seemed to come out of no where.

Is it related to the "hey guys, don't rely on our 2008 and 2009 financial statements...they are screwed up" statement from a couple months ago? I attributed that to an honest simple recognition of revenue issue (silly me). I thought that the movement of revenue would only serve to increase revenue in previous statements. And I figured that they now had PricewaterhouseCoopers Zhong Tian in place; in retrospect once again disproving the "you are fairly safe with a big 4 accountant" theory.

What kind of "additional information" can NASDAQ be looking for?
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