China Sun Group Hi-Tech Co. (CSGH)

[Ecomike]

My contention is that it no longer matters who the auditor is, if it is a China stock with shares traded in the US, it is suspect no matter who the auditor is. And changing auditors or officers, just makes it that more suspect by most investors that lack a strong stomach, at least until the new auditor is done, which seems to take a year or more!

For me, I am now down, wiped out by four US tech investments since 2008, and all of my China tech investments are still holding up reasonably well all considered (I was careful to buy them cheap). Today's falling star for me was BCON. They filled for BK today. They had the only Flywheel energy storage system (large scale backed by the US DOE) on the market. After the 40 million dollar DOE loan, and the start up of the NY 20 megawatt plant, it seemed like the time to invest there. Luckily I only tasted that apple (LOL, the NY Apple, LOL). Now wishing I had put the money here.