Replies to post #51485 on China Growth Stocks

[joenatural]

They re-hired Kabani as their accountant .........

"LLEN:anyone heard any news as to why stock is taking such a hit?"

[Rames]

LLEN reaffirmed Kabani & Co. as their auditor this morning

[GorillaGorilla]

LLEN - they re-hired an accounts firm that has credibility issues. During the CC it was made explicit to the CEO that they needed to get a bigger accounting firm. They ignored it.

Given the credibility gap with Chinese stocks at the moment that was stock suicide.

rich