China Growth Stocks

[white_tiger]

I am glad you have spoken to your business attorney contacts. And we have spoken to ours.

Sure, there may be some fudging of financial numbers by legit firms to some extent, but not to the point that it would raise red flags. Reporting revenues of $1 million to the SAIC when you are a $100 million dollar company is absurd. However, even if one is willing to accept this type of scenario, here is one fact: There are some things that won't be fudged with SAIC.. One of which is ownership history as there is no logical reason to do so. (LLEN)

I love this excuse for fudging SAIC numbers: "We don't want our competitors to know how successful we are!!! We will brag about how great it is to be a U.S. listed company and the domestic respect it brings us!!!! Oh and by the way here are secret SEC filings that are competitors will never find!!!!!!!!!!"

You said:

"Chinese business practices are quite a bit different than what we consider normal in the western world. It's these differences some people try and exploit."

U.S. investors are not ready to accept these cultural differences. The cultural differences are what make investing in China a risky proposition. How do you know when a company has crossed the line?


Your logic is misguided. That is like saying: "hey if stealing and bribery is ok in one culture we should accept such actions in our culture."

Play by our rules or get the heck out.

Chad, your arguments are outdated. You obviously have not gone one by one and looked at the multitude of fraud GeoInvesting has flushed out. You need to respect ours and others research.

You still have not answered my question. Do you conclude that matching SAIC filings equates to fraud?

If these reverse merger Chinese companies were legit and so cheap why haven't they been acquired? To put this into perspective, since we launched GeoInvesting around 13 GeoBargains/Specials have been gobbled up. (BTW two more probably on way for hefty premiums)