You've got to admit, if the press releases are false, STTK has an alibi. All they need to say is that Goodwin Wang was the one who falsified the information and then gave it to the middle man - SES Investment (China) Ltd. I never really noticed that at first, but the last press release was kind of odd how it read: "The Chinese government has placed their initial order with our sole licensee, SES Investment (China) Ltd. who in turn, placed an order with Smart-tek."
See what I mean. They have everything funneling through this licensee. Meanwhile, STTK's stock is held by Smart-tek Solutions, Inc. In the scenario where the press releases proved to be false, Smart-tek would claim that they had no idea the deals were phony since they were fed this information from their licensee - Goodwin Wang, a/k/a SES Investment (China) Ltd. Wang takes all the blame but can't be penalized by the SEC since he doesn't own the company in which the stock trades.
Okay. So maybe it does seem a little farfetched. But had the stocklemon report not come out, I wouldn't have even given these press releases another look.
You be the judge.
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