Longwei Petroleum (fka LPIH)

[Stream205]

LPH: Retaining respected USA auditor a great move.


Mark me down as one of those that called for LPH to move over to a Big Four accounting firm.

Turns out that LPHs CEO is a lot smarter than any of those that have second guessed him.

CEO Cai made one great decision after another in the last few years that is now paying off in spades.

Now, his loyalty and commitment to the highly regarded Utah firm of Child, Van Wagoner & Bradshaw turns out to be one more great call.

The auditor is fully compliant with SEC access requirements and has employees on the ground in China that work for the USA firm, not a China affiliate in contrast to the Big Four.

Just terrific.