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Re: Monarchs96 post# 68660

Saturday, 06/23/2012 9:28:02 PM

Saturday, June 23, 2012 9:28:02 PM

Post# of 232511

The company has provided attorney comfort letters and hired CPAs to ease those concerns but again the financials aren't audited.



Even audited stocks can be trouble. Many China stocks have been a perfect example. It is wise to remember that KMAG is no less a foreign stock than any Chinese stock. Also wise to remember is that while foreign stocks can be halted, SEC prosecution for fraud is extremely difficult, at best.


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