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BigBake1

08/14/14 6:15 PM

#74805 RE: 1manband #74804

I was just saying today it would be awfully funny that if the State finds out they are now part of a public traded company... Certain the DOJ would like to be part of that investigation.

ChuckD-MSB

08/14/14 10:21 PM

#74812 RE: 1manband #74804

I used Chuck E Cheese and their tickets from skeball etc to teach my children something about economics/scams.

3 of my kids picked up right away that it made no sense to spend $20 getting tickets to redeem for a "prize" that you could buy at the Walmart next door for .89 cents.

My youngest (he was 12 or so at the time) just could not grasp the concept.

He is 19 now and still makes boneheaded money decisions, thank God he does not have enough money to invest or he would be one of the sheep. :-)

integral

08/15/14 1:17 AM

#74813 RE: 1manband #74804

LOS ANGELES (MarketWatch) -- Alibaba Pictures Group Ltd. HK:1060 -0.61% , the Chinese film studio in which Alibaba Group bought a controlling interest in June, said it has turned up "certain possibly non-compliant treatment of financial information," according to a stock-exchange filing dated Thursday. The issues in question -- which took place before the Alibaba takeover, when the company was called ChinaVision Media Group Ltd. -- prompted Alibaba to call for a trading halt in the Hong Kong-listed shares and to warn that financial results for the January-June period would be delayed, pending an internal audit. The company also said its new management found "insufficient provision for impairments of certain assets" for the first half of this year, based on a preliminary review. The announcement comes just ahead of the parent company's much-awaited initial public offering in New York.