Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
This is by far the easiest case we have come upon. Black and white... LLEN does not and never owned the mine. The SEC filings are incorrect.
I think LLEN investors are gaining comfort from an assumption that L & L will not be halted due to the audit being months away. But what they do not realize is that this thing could be halted any day if the regulators get into the story, regardless of the auditors, especially given Dixon's past SEC violations. Laziness and procrastination will cost LLEN long investors.
OPM, other peoples' money: I suspect some fund managers are saying what the heck.. what more do I have to lose, it is only a $3 stock? If their investors only knew how cavalier their managers were being with their money they would be appalled. Sometimes, you need to swallow your pride and just move on to salvage whatever you can from your investment.
It is only going take one big seller to realize what is going on to destroy a mountain of small time LLEN long investors that could get out now, with some recovery of wealth.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
The only risk factor needed here is one that warns the LLEN longs that it is only a matter of time before this story ends very badly. Stay tuned...We are performing more DD and building more evidence everyday..
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Dear Coolwatch,
there is an acquisition agreement made by and between LLEN and Ping Yi Mine enclosed to 10-Q on Mar 17, 2010. In this agreement, LLEN acquired 100% of Ping Yi Mine. You can check it out in the link and/or SEC file.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Dear Parker2,
Please check the full report and we already published the SAIC file. You can find it on the report. I mean, if you do not trust our SAIC file, you shall pull by yourself and for yourself.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Hey, Dear Parker2,
As I said, you can check it out by yourself. If you do not trust yourself and dare not to check with yourself, I really cannot do anything for you. Good luck.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Hey, Parker2,
thank yo so much for your comments. As I said you can ask your representative in China to pull the SAIC file from Guizhou SAIC Office. It is not difficult and expensive at all. Absolutely, you can only need to spend less than USD 200 to confirm everything.
Furthermore, as I said you (if you do not know Chinese, you may ask anyone you trust who can understand Chinese to do) also can go to the website of Guizhou SAIC (http://bit.ly/w04i1o) to check it out.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Dear Parker2, if someone puts up the copies of our Certificate of Incorporation and Articles of Association to sell my business, I am sure, I will try to find who did that and sue that guy who is trying to make a fraud. Apparently, except ourselves, no one can get those copies as they stay well in our office.
However, the current case is that someone holding the business license (the same as the information shown in the official SAIC file) and mining permit of Ping Yi Mine is selling it. Based on its press release, LLEN just does nothing but to watch the sale is going.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
As I responded to the before post, you can ask your representative in China to pull the SAIC file from the Guizhou SAIC Office. Absolutely, you can get the same file as we did. It can not be very expensive. Furthermore, you also can check the current basic information of Ping Yi Mine on the website of Guizhou SAIC Office. (http://bit.ly/w04i1o).
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
the answers are as follows: 1. the SAIC was obtained on Jan 13, 2012. 2. yes. the original copy with the chop. If you want, I think you also can ask your representative in China to get the same document from the same office. It is not difficult. 3. We did. In fact, we contacted Mr. Wu back to middle of Dec. 2011. We pretended to be an investment company in Beijing who was trying to acquire the Ping Yi Mine. Sure, the mining permit info exactly matches the SAIC record. Based on these official record, Ping Yi Mine is not affiliated with LLEN at all. the official owners of Ping Yi Mine registered in the SAIC are four individuals, Mr. Baoguozhang, Mr. Hu Shiwei, Mr. Chen Honglin and Mr. Liu Shuangyou. Bob
Raystream Remains Under Scrutiny, Even Fails To Disclose Loss Of One Alleged Customer [View article]
Jason.. TDGI share structure makes this a no go for us. We also do not like that they deal with that Money TV promotional site. Seems they are feeding off the success of Hannover House, while ignoring the fact that the company as a whole is losing money? Do they want to spin off this division? That may be interesting? Regardless, maybe hype could generate interest in shares for a pocket of time. We may track IDLM. Looks like they are cleaning up some filing issues with SEC and actually generating some revenue.
I should have been more specific with you about the type of stocks we generally follow. Take a look at stocks like MNTX TWI CVU CMT EDAC NOIZ as examples. Generally, do not play in the penny stock arena for long plays.. You can also look reference the GeoBargain/Special tabs at our site: geoinvesting.com.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
I think LLEN investors are gaining comfort from an assumption that L & L will not be halted due to the audit being months away. But what they do not realize is that this thing could be halted any day if the regulators get into the story, regardless of the auditors, especially given Dixon's past SEC violations. Laziness and procrastination will cost LLEN long investors.
OPM, other peoples' money: I suspect some fund managers are saying what the heck.. what more do I have to lose, it is only a $3 stock? If their investors only knew how cavalier their managers were being with their money they would be appalled. Sometimes, you need to swallow your pride and just move on to salvage whatever you can from your investment.
It is only going take one big seller to realize what is going on to destroy a mountain of small time LLEN long investors that could get out now, with some recovery of wealth.
Again.. stay tuned..
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
there is an acquisition agreement made by and between LLEN and Ping Yi Mine enclosed to 10-Q on Mar 17, 2010. In this agreement, LLEN acquired 100% of Ping Yi Mine. You can check it out in the link and/or SEC file.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Please check the full report and we already published the SAIC file. You can find it on the report. I mean, if you do not trust our SAIC file, you shall pull by yourself and for yourself.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
As I said, you can check it out by yourself. If you do not trust yourself and dare not to check with yourself, I really cannot do anything for you. Good luck.
Bob
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
thank yo so much for your comments. As I said you can ask your representative in China to pull the SAIC file from Guizhou SAIC Office. It is not difficult and expensive at all. Absolutely, you can only need to spend less than USD 200 to confirm everything.
Furthermore, as I said you (if you do not know Chinese, you may ask anyone you trust who can understand Chinese to do) also can go to the website of Guizhou SAIC (http://bit.ly/w04i1o) to check it out.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
please read this Acquisition Agreement which is attached to 10-Q on March 17, 2010.
http://1.usa.gov/zhTqTr
You have a good point, why LLEN's SEC file contradict to each other? We also want to hear LLEN's explanation.
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
However, the current case is that someone holding the business license (the same as the information shown in the official SAIC file) and mining permit of Ping Yi Mine is selling it. Based on its press release, LLEN just does nothing but to watch the sale is going.
Bob
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
Who Really Owns the Ping Yi Mine: L&L Energy or a Private Chinese Investment Group? [View instapost]
1. the SAIC was obtained on Jan 13, 2012.
2. yes. the original copy with the chop. If you want, I think you also can ask your representative in China to get the same document from the same office. It is not difficult.
3. We did. In fact, we contacted Mr. Wu back to middle of Dec. 2011. We pretended to be an investment company in Beijing who was trying to acquire the Ping Yi Mine. Sure, the mining permit info exactly matches the SAIC record. Based on these official record, Ping Yi Mine is not affiliated with LLEN at all. the official owners of Ping Yi Mine registered in the SAIC are four individuals, Mr. Baoguozhang, Mr. Hu Shiwei, Mr. Chen Honglin and Mr. Liu Shuangyou.
Bob
As Raystream's Customers Mount, So Does Skepticism [View article]
We shorted our shares through our prime broker who surprisingly had some borrow.
Also, it looks like IB may be partnering with prime brokerages to offer them some of their short book.
As Raystream's Customers Mount, So Does Skepticism [View article]
Chinese Companies, Through A Macroeconomic Lens [View article]
Maj
Chinese Companies, Through A Macroeconomic Lens [View article]
Tell me Kevin. What type of DD have you performed on these companies? Thanks.
Maj
Raystream Remains Under Scrutiny, Even Fails To Disclose Loss Of One Alleged Customer [View article]
I should have been more specific with you about the type of stocks we generally follow. Take a look at stocks like MNTX TWI CVU CMT EDAC NOIZ as examples. Generally, do not play in the penny stock arena for long plays.. You can also look reference the GeoBargain/Special tabs at our site: geoinvesting.com.