Actions Semiconductor Co. (ACTS)

[fcpgalltheway]

So, here we are close to the end of the month and this company with lots of cash assets has no news to disclose about expansion, new deals, etc.

I am now wondering how correct those numbers on the filed statements really are? They use an accounting/auditing firm located in China and that is not as good as having auditors in the USA who have to follow SEC requirements in a more rigid way.


For a company with so much is cash and other liquid assets it is strange that there is so little disclosure about planned expansion for this business that right now is generating such small amount from sales!!!