News Focus
News Focus
Followers 54
Posts 10318
Boards Moderated 0
Alias Born 12/01/2005

Re: Jester_Vandalay post# 337

Saturday, 12/07/2013 12:09:06 AM

Saturday, December 07, 2013 12:09:06 AM

Post# of 999
It doesn't look so good. You found the connection with CLAD.

On the bad side, you have a relationship with someone who was arrested for something like "illegal options trading." They were selling investment units to the public, and the investors were supposed to receive a payment for investing in the construction of the greenhouses.

On the other hand, you have absolute evidence of greenhouses that were built. It's a bit better than having a complete fraud with no greenhouses.

I am most worried because the investors say there weren't any mushrooms in the greenhouses, while at the same time, our CEO was claiming to sell millions of dollars worth of mushrooms.

I did some research on the Liao Ning District. They sell a lot of mushrooms. I don't know where Chin got the mushrooms to put on the Revenue line. I am not sure he knows.

Panjin is noted for growing Rice. Rice Straw is a raw feed for Mushroom production.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today