Replies to post #2925 on Longtop Financial Technologies Ltd.(fka LFTGY)

[O-Man]

Do you have a link or anything to back that up? Or did your friend type it himself?

[Sam'd'Mil]

Link Please!!! bs? if not, Link?

[Screech691]

someone on the board visited the office in the US and said it was open for business - just that no one spoke English.

[BOOSJIM]

They have way to many BIG clients to much at stake to attempt that type of move. JMO

[Knight_78]

ALERT ON LGFTY/Microsoft Rumor:
One of Longtop employees sent this to a friend of mine yesterday:

It's said that Bill Gates from Microsoft was considering buying out Longtop Financial Tech at a huge discount and he is currently planning a hostile takeover.

Hmmmmm...Wow that sounds like reliable info :-D After all, he pays Longtop Financial Tech to do his work so he could buy it all for less than $200 million and Citron Research says that Longtop is a good take over candidate! ;-)

AIMHO,

Knight_78

[bUrRpPPP!]

Comical....and I have friend who sent me an email that said Longtop was being bought out for $10 per share but he said not to tell anyone....


Alert on LGFTY! Anybody has heard of this:

One of my friend who also got LGFTY sent this to me:

Quote:It's said the CEO has transferred most of moneyto his own private company and just left 2-month salaries for the employees, so that the employees could look for other jobs.

"An anonymous former employee of Longtop told reporters, after the crisis, the company's management did not consider more than 8,000 employees throughout the company and the way out, but the first thought of the transfer of assets to help themselves, there are about the transfer of nearly $200 million, only 2 months of salary employees in cash, and has set up a new company in Xiamen."

If it's true, the current company would be just a shell now.

[hondaboost]

Now, my friend sent the link to me and told me to Google translate it:

http://finance.ifeng.com/usstock/realtime/20110803/4345875.shtml