But you see.. We agree with your comment:
"The purpose of this board is to find Chinese stocks that have a lower risk of fraud for long positions, just as your team at GEOInvesting does, and/or to short those that are higher risk of have sound research supporting the claim of fraud for a short position."
Through our DD and sound INdependent research, we believe that a long position in LLEN carries an enormous amount of risk.
Sound research is a lot more than "having a management team that are American citizens."
At best, here is what I think LLEN is: a low margin procurement operation that puts buyer and sellers of coal together; they probably just receive a middleman fee. I believe that they don't own the mines, but via "favors" are allowed to put "LLEN" signs up to appease investors. Of course this is only an opinion.
You don't think it’s very suspicious that LLEN allegedly "sold the Ping Yi Mine" back to original owners after we released our DD?
One thing you need to realize is that SAIC filings do not lie. They show changes in ownership history. Period. According to SAIC filings LLEN never owned the mine. Stop trying to make excuses.
I presume that the only thing LLEN can do to save face is find some way to convince a gullible party to help them go private.
So I guess, according to our opinions.. we agree to disagree.