CEU - I think the best hope for an explanation is that school was out of session, and they have all the chairs and tables installed in a separate warehouse room.
It's just unbelievable that they would run such a massive fraud. I'm hesitant to accept that there isn't some explanation.
But then again, Lei Zheng, famed chinese investor, did warn that 50% of Chinese RM's are frauds. We're obviously not there yet in terms of evidence to confirm his statement, but we're definitely moving in that direction, as more and more stones get turned.