The so called warning signs the Muddy Waters people signed was well explained by ONP management during the conference call. If you want to discuss ONP issue, you should at least listen to ONP's response in cc and press release. If Muddy Waters did not intentionally made muddy in the water, then the only conclusion you can get from the whole process is that either Muddy Waters people knew nothing about Chinese business and culture (professsors can write lots of theoretical books without knowing one thing in real life) or they have communication problems (they ignore ONP poeple's response and continue to repeat the same false allegations). ONP management is very professionally by responding to Muddy Waters' false allegation one by one. But Muddy Waters does not show any professinonally, and they just made muddy in the water.
The similar thing happened for US and Canada company. If you are familiar with a reputable company called Fairfax Financehttp://finance.yahoo.com/q/bc?s=FFH.TO&t=my&l=on&z=m&q=l&c= , then you would know how these manipulators like Muddy Waters poeple work.
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