China TMK Battery Systems Inc. (DFEL)

[iindelco]

The risk is that the company decides to take the low road. In this case they will get a law suit and never be able to go public outside of China most probably.

The SEC is starting to clamp down on these Chinese companies that have failed to file their required reports to be listed as a US public company. Here's one of the more recent ones which is CRTP a small Chinese lead acid battery manufacturer listed in the US. The SEC sent them a letter looking for information and they failed to respond. So the SEC has halted trading. In the case of CRTP they went dark before DFEL and failed to to so with the proper documentation. That being said, I would expect the SEC to not allow DFEL to remain silent forever.

http://www.sec.gov/litigation/admin/2013/34-70610.pdf