You are shocked that I said that OTG due diligence isn’t useful? Sorry, but you misunderstood. I do believe that OTGDD is important; just not company directed OTGDD. We perform onsite visits without management holding our hand.
I really do not care what a California court that does not understand PRC law concludes. I will listen to my PRC counsel. I will also reference Deloitte which endorsed the usefullness of SAIC/SAT filings in their CCME audit debacle.
You really need to study GeoInvesting's work before you knock our DD.
Tell Dixon to have a top 4 complete an audit its books. I dare him. Is he in China or the U.S. right now?
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