Zen, I re-checked my list to see I did overlook one, ACLO. The reason I overlooked it is because ACLO has been on my value watch list for a couple years. I don't own it due to their recent value problems, but if they can turn it around, I would consider buying ACLO. A good contrast dd "china" stock against all the r/m scammy ones.
That list I posted has over 200 stocks with no more dd into probably 75% of them than to see if their address was in china. Several of those "uplisted" went the traditional IPO route, so I would lean to the legit side on those. I want to re-emphasize "REVERSE-MERGER" scamminess. R/M is an invitation to scammers and when you invite stock-scammers, they WILL come.
I see AOB as a 2001 pinksheet equivalent stock merging with a golf internet scam and ultimately slipping thru every crack, past every guard, and onto the NYSE. The (long term) chart shows the previous golf scam also took advantage of the dot.bomb bubble. Could AOB be the first to scam both bubbles, dot.bomb & china r/m?
Today's AOB pr is the funniest pr I've read in months. Over the past 5 years from AOB's first pp at $.85 to the most recent pp at $8.50, AOB has abused distribution to the tune of some 50M shares. Now the CEO wants to buy back 6M shares at $12. Sell Low, Buy High, Top Notch Planning.
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