Longhai Steel, Inc. (fka LGHS)

[Er0ck]

This has nothing to do with how this company is set up. They simply bought a shell, and did a r/m to go public and get listed here in the USA> This is a very common practice and companies do it all the time because it's 10 times faster than doing an IPO. You have a real company, who bought a existing shell and did a r/m, there is nothing to "invalidate" or anything like this, this company has been in operating for years and everything is perfectly legal, perfectly fine.

What you got here is people simply trying to scare people by saying "ohhh no look at all these OTHER Chinese companies that are scams" when none of them are even remotely close to ACTN and it's setup.