Sad situation here. Go to Yahoo Finance and read from those who finally received final compensation from the long going legal mess against PUDA and the Chinese scam it was. Sure fkng lawyers made $millions... I mean folks who lost $600K-700K and receive maybe $300.00 total back for compensatory damages, and limited to what they can write off on IRS filings annually, and a few it will have to carry over after they die actually. Damn fkng bad thing here indeed to US investors.
I used to own PUDA stock many years ago for a while, but sold what I had when it was evident something gone wrong with BOD... And another similar was CHFR (China Fruit Company) who actually had many franchised locations too and all of those franchisees, as well as investors lost everything invested (including myself) as right when their CEO announced after an earnings call once, he was in talks with Ali Baba Group (BABA) to promote further into US market then... Shortly thereafter he disappeared with all the company's funds and was later found, jailed, and "died" in his prison cell. Money still never recovered...
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