I called the Boca Raton Office for CPA weinberg which is the auditing company of xinde technology. I really just wanted to see if this place was legit, they appeared to be from their website and so i gave them a call and the phone was actually picked up by the secretary there, she confirmed it was the weinberg offices and that they were an auditing firm, figured i couldnt get information indepth on their auditing methods or records or anything like that so i kept the conversation short. I also found that on the website for weinberg they mention they are member of the AICPA Division of Firms SEC and Private Companies Practices Sections, and is registered with the Public Company Accounting Oversight Board. After going to the american institute of CPA's i found them listed under the Public Company Accounting Oversight Board section. So essentially the AICPA is an auditor of auditing companies and this company was deemed legit by the AICPA. I believe this last 10k was indeed audited by what appears to be a legit US based auditing firm. I dont believe this company is selling off its shares either, not at this low volume. I think this company is just bad at PRS and the manner in which they release them. I hope they turn things around soon, i still cant understand the current PPS. I have a friend who lives in china and speaks mandarine and chinese and ill see if he can dig up some info on this company.
AI
