Longhai Steel, Inc. (fka LGHS)

[WhiteSahara]

Nice grab, near the low of the day.

IMO, here's the reason LGHS recently changed to Marcum, Bernstein & Pinkus as their auditor. MB&P was a sponsor in the Roth Capital Chinaventure last October. Yes, the same Roth Capital seminar that Longhai's Steve Ross is attending in the U.S. this week. It appears that MB&P, the 15th largest accountancy firm in the U.S., is an expert on Chinese relations and business.

http://marcumbp.com/news-2011-10-18

Marcum Bernstein & Pinchuk to Sponsor the ROTH Capital – ChinaVenture Investment Conference 2011 in Beijing

New York, October 18, 2011 – Marcum Bernstein & Pinchuk LLP (MarcumBP), an international group of professionals providing audit and assurance, tax and transaction advisory services, today announced their participation as sponsors of the ROTH Capital - ChinaVenture Investment Conference 2011 to be held October 26th - 27th in Beijing, China at the JW Marriott Hotel.

Drew Bernstein, Co-Managing Partner of MarcumBP, will participate as an expert speaker on the following industry panel on site at the conference:

Panel Title: "Overseas Listings - A New Standard and the Road to Recovery"

Mr. Bernstein and other industry panelists will cover a range of timely topics, including perspectives on what is needed to rebuild investor confidence in small- and mid-cap Chinese equities and drive recovery in valuation multiples on foreign exchanges. The panel will be moderated by John Ma, Head of Asia Equity Capital Markets and Chief Representative of ROTH Capital Partners' Representative Office in Shanghai, China.

Time: Thursday, October 27th at 3:50 p.m.

The theme of this fifth annual conference co-hosted by ROTH Capital and ChinaVenture is "Value Discovery After an Extraordinary Influx of Capital". Anticipated attendees will include more than 600 participants, consisting of private equity and venture capital professionals and members of Chinese company management.

As a sponsor of the conference, Marcum and MarcumBP will host an on-site exhibit booth at the event. To register or for more information regarding this conference please visit: http://events.chinaventure.com.cn/2011bj_en/index.shtml.

About Marcum Bernstein & Pinchuk LLP
Marcum Bernstein & Pinchuk (MarcumBP), a PCAOB-registered firm, provides a full range of audit and assurance, tax and transaction advisory services for clients in a variety of industries throughout the world. With offices in New York, Beijing, Hong Kong, Guangzhou, Shanghai and Hangzhou, MarcumBP provides the expertise, cultural understanding and support needed to efficiently serve and advise our clients. MarcumBP currently provides services to over 30 clients in the China market.