Interesting, did you read the entire defamation lawsuit? How do you know what their future plans are regarding the tender offers. Have they not asserted that the allegations are false by launching the suit under the penalty of perjury?
Just looking at the allegations about the trucks fueling. Geo says one truck viewed on their videos, which are dark, grainy and compressed as opposed to a real-time view from several cameras with date/time visible showing 22 trucks fuelling in 2 days. Huge discrepancy here. You don't think it is possible that there is a strong profit motive here on behalf of Geo/Cairnes to fudge the data? I read a review of one of Cainres other attacks on Silvercorp metals on Barrons and the author concluded that 70% of the information was b/s. Who is to says what percentage of this Geo article is also b/s, could 90%
Longwei says that they derive "substantial revenues through drop shipments of fuel directly to is customers from suppliers not correlated to the activity at its facilities. Did the Geo article even discuss this , if so I did not see it.
I don't understand what you mean by 2?
Read the conclusion and what Longweit is asking of the courts. If successful they have many options available. Not saying they will be however . This is the first real answer to the Geo article and every point is answered.
AI
