FAB Universal (NYSEMKT:FU) is a Chinese reverse merger company that has paid to promote its own stock and has paid to secure an audience at a microcap presentation forum. Meanwhile, company directors and insiders have consistently sold shares.
The company has issued a steady stream of press releases related to unverifiable business lines and irrelevant occurrences that are immaterial to the company's bottom line. This article will illuminate the muddy waters of the company's business lines, the risks associated with those business lines, and reveal the promotions that has juiced the stock price. Finally, we will reveal the un-discussed conversion about to take place that could have catastrophic consequences to anyone caught holding the stock.
One director has...
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