Longwei Petroleum (fka LPIH)

[xlt leader]

No idea whether they will win or not because the US allows people to hide behind first amendment rights while they lie and cheat "honest" investors out of their money. Read the defamation lawsuit, every single item that the Geo article attacked Longwei on is addressed.

You can find it on the Longwei website. In reading it all the allegations are countered. What I found interesting is that the suit links Jon Cairnes(Alfredlittle.com) with Geo. Cairnes is hiding in Vancouver and claims to be a whistleblower which he is not. Longwei has six charges against the group including racketeering charges or (RICO) statutes. I am sure that Longwei is/has done an external audit which they will present in court. Regarding the truck counts and how they generate revenues, it is stated that most of the fuel is directly sent to the users and does not come from the fueling stations. Also the deal with Cai and the supposed inappropriate investment, as I suspected under Chinese law this is an arms length investment that has nothing to do with Longwei therefore is not reportable to the SEC. It's all there, everything that the company claims will be deposed and is punishable under the perjury laws so this is a legal and binding document that will land Toups and Cai in jail if proven false.

Have a read let me know your thoughts

thanks