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  • NQ Mobile Q4 Earnings Preview: Will The Company Beat Revenue Estimates For The Twelfth Straight Time? [View article]
    http://yhoo.it/R0weeJ

    "NQ Mobile Inc. to Report Fourth Quarter and Full Year 2013 Results on April 10, 2014"
    **********************...

    I believe PWC is their auditor and their year end results on their 20F with their auditors sign off is what counts. The upcoming press release is meaningless. I think D&T is doing some sort of in house audit for a special committee which is at the companies discretion, not required by the SEC and therefore it can be as extensive or not as the company and D&T want it to be.

    IE: it's also meaningless. The auditor signing off on their upcoming 20F is the whole ball of wax. Some of the already outed chiscams had in house special committee audits that they passed only to have their real auditor eventually resign. The in house audit is a dog and pony show.
    Apr 8 10:10 AM | 4 Likes Like |Link to Comment
  • NQ Mobile Q4 Earnings Preview: Will The Company Beat Revenue Estimates For The Twelfth Straight Time? [View article]
    LMAO, it's not hard to beat estimates when you're cooking the books! PWC's thumbs up or down at the end of the month is all that matters. The upcoming press release is meaningless.
    Apr 8 09:39 AM | 2 Likes Like |Link to Comment
  • Is Tesla's Gigafactory Becoming A Gigafarce? [View article]
    So let me get this straight, the goal of the gigafactory is to cut the cost of batteries down by 30% primarily by cutting out all of the suppliers of parts and materials. However Tesla needs the expertise of these suppliers to build his gigafactory so he needs to cut them in on it? Isn't that an oxymoron?
    Apr 8 09:26 AM | 3 Likes Like |Link to Comment
  • Bill Ackman's Folly With Herbalife: 7 Assumptions That Led Him Astray [View article]
    David,

    You're supermarket rewards you, in order to keep you buying stuff from them so that THEY CAN MAKE MONEY OFF OF YOU. This is legal because you are a CUSTOMER of the supermarket not a BUSINESS PARTNER. Thank you for proving Matt's point.
    Apr 5 09:33 AM | 1 Like Like |Link to Comment
  • Tying Together The Herbalife Pyramid Case [View article]
    I had the pleasure of watching ACN take a beating after white knighting a worthless video phone maker called Worldgate Communications (OTC:WGAT) that's now in chapter 7 (as I predicted). I'll leave it to you, to use your imagination about why they rescued this garbage a few weeks before they were going to run out of cash but only took a 60% stake. Congrats Rob Stevenovski, you got exactly what you deserve!
    Mar 28 01:46 AM | 1 Like Like |Link to Comment
  • Prepare For Blastoff: New Research On NQ Mobile [View article]
    You can't be much of a math major if you have trouble understand a simple ratio. Allow me to help: amount invested in equity's/ amount spent on computers= equity investments as % of computer equipment. The point being you would expect to see a fast growing software company spending it's money on computers to support it's growth not on the stocks of other companies.
    Mar 27 02:52 PM | 2 Likes Like |Link to Comment
  • Prepare For Blastoff: New Research On NQ Mobile [View article]
    It's not that hard if you believe they have no reason to lie to their own government on the SAC filings and based on the evidence from all the already outed ChiScams, when SEC filings bear no resemblance to SAC filings it's the SEC filings that are not accurate. IE: They tell the truth to their own government who has plenty of recourse if they lie, and they lie to investors half way around the world who have no recourse.
    Mar 27 12:36 PM | 2 Likes Like |Link to Comment
  • Prepare For Blastoff: New Research On NQ Mobile [View article]
    But, they just announced a time frame to produce a glorified press release announcing 2013 and Q4 earnings so they must be legit? NOT!

    Bravo!, Bravo!, Bravo!, I remember both your original article and Trade Star's rebuttal. I was hoping to see a quick response to Trade Star but figured you were using your time to be as thorough as possible, and the wait was absolutely worth it! I'm bookmarking this for a tutorial on spotting Chiscams. I agree J.G. is soon going to have a huge black mark on his much touted track record.
    Mar 27 12:30 PM | Likes Like |Link to Comment
  • NQ Mobile: 'Ladies And Gentleman... Start Your Engines!' [View article]
    My post with a link to the announcement of the announcement keeps getting booted so you will have to look it up yourself. Here's the text:

    "BEIJING and DALLAS, March 25, 2014 /PRNewswire/ -- NQ Mobile Inc. (NQ), a leading global provider of mobile Internet services, ("NQ Mobile" or "the Company"), today announced that it will report its fourth quarter and full year 2013 before April 15, 2014. A separate announcement with the specific date and conference call dial-in details will be issued by next week"
    **********************...

    It didn't mention the 20F filing and PWC blessing this filing is all that matters to the NQ story. I forgot that NQ files a 20F instead of a 10K but the result is the same, no PWC blessing and the fraud ends. The earnings announcement is a glorified press release, the 20F filing with PWC's blessing is all that matters.
    Mar 27 10:13 AM | Likes Like |Link to Comment
  • NQ Mobile: 'Ladies And Gentleman... Start Your Engines!' [View article]
    NQ), a leading global provider of mobile Internet services, ("NQ Mobile" or "the Company"), today announced that it will report its fourth quarter and full year 2013 before April 15, 2014. A separate announcement with the specific date and conference call dial-in details will be issued by next week
    **********************...

    The announcement did not mention the 20-F filing and PWC's blessing on this filing is all that matters to this story. I forgot that NQ files a 20-F instead of a 10K so thanks for pointing that out, but the result is the same. The fraud ends if PWC doesn't bless the 20-F.
    Mar 27 10:09 AM | Likes Like |Link to Comment
  • NQ Mobile: 'Ladies And Gentleman... Start Your Engines!' [View article]
    http://yhoo.it/1fngGqt

    BEIJING and DALLAS, March 25, 2014 /PRNewswire/ -- NQ Mobile Inc. (NQ), a leading global provider of mobile Internet services, ("NQ Mobile" or "the Company"), today announced that it will report its fourth quarter and full year 2013 before April 15, 2014. A separate announcement with the specific date and conference call dial-in details will be issued by next week
    **********************...

    They said nothing about filing their 20-F, the earnings announcement is nothing more than a glorified press release. I forgot NQ files a 20-F instead of a 10K but the result is the same the fraud ends if PWC doesn't bless the 20-F.
    Mar 27 09:24 AM | Likes Like |Link to Comment
  • NQ Mobile: 'Ladies And Gentleman... Start Your Engines!' [View article]
    Earnings announcement is meaningless, it's essentially a press release where they can lie all they want. The 10K with PWC's blessing is the only thing anyone who understands this story cares about. The stock probably tanked because they didn't mention the 10K filing. They can't keep the fraud going without PWC's blessing on the 10K.
    Mar 26 07:48 PM | 3 Likes Like |Link to Comment
  • The Mystery Of Icahn And Herbalife's AGM Delay [View article]
    And I'm sure the FTC knows all about the Return Policy and if this were just about a return policy there would be no investigation. This is about whether the FTC will continue to buy into your sides Rube Goldberg calculus based on unverifiable assumptions, drawing the preposterous conclusion that the ghetto is the largest market in the world for weight loss products. Or will they finally recognize what everyone including you know is true that this is a get rich quick scam where product sales are included only to game obtuse legal definitions of what constitutes a legal pyramid scheme. If the FTC was just going to rely on a return policy there would be no investigation, the investigation is a sure sign, they're finally looking at the big picture and HLF is toast.
    Mar 14 03:00 PM | 3 Likes Like |Link to Comment
  • The Mystery Of Icahn And Herbalife's AGM Delay [View article]
    See Ackman's presentation for why returning product is not easy (not that their return policy matters). See common sense that the ghetto isn't the largest market in the world for weight loss products for proof that HLF is a pyramid scheme. You can rationalize all you want but common sense is finally going to prevail.
    Mar 14 12:56 PM | 7 Likes Like |Link to Comment
  • FTC Investigation Is A Game Changer For Herbalife Longs [View article]
    I think you sum up managements case well. "It's not corporate it's a few rogue business partners, we'll add a some more boiler plate rules and pay a manageable fine and see you in another decade". I offer the same criticism as I did above. Is the ghetto really the hottest market in the world for weight loss products? Do you think the FTC can continue to buy this?
    Mar 13 10:29 AM | Likes Like |Link to Comment
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