Seeking Alpha
View as an RSS Feed

The GeoTeam  

View The GeoTeam's Comments BY TICKER:
Latest comments  |  Highest rated
  • Goldfield Corp: Unsustainable Margins And Declining Backlog [View article]
    R59, you summed it up. This article is flawed in so many ways I do not know where to begin. I may write a quick rebuttal this evening.

    I have to give it to you Matt. Your article was well constructed if was intended to ilicit a response from investors by insinuation, but poorly written as it fails to explain the dynamics of what is going on at GV and other firms benefiting from a favorable industry trend.
    Mar 26, 2013. 07:29 PM | 5 Likes Like |Link to Comment
  • Connecting The Dots: Kandi's Clever But Apparent Related Party Transactions [View article]

    Honest investors need to know the whole story. These transactions were not properly disclosed. Perry's arm chair analysis aside, the only real analysis can come from DD inside of China. Which brings us to Arthur...who one would think he should know better since he reportedly helped (KNDI) reverse merge. How Arthur assumes everyone knows about these transactions is beyond us since they were not disclosed. For all those interested in some nice info about Arthur, 3/4 ways down the page we can read what a non-bias non-investor reporter has to say about Arthur and KNDI.
    Sep 27, 2012. 03:10 PM | 5 Likes Like |Link to Comment
  • The Harbin Land Shuffle: A Classic Bait And Switch [View article]
    Seriously? I think you are talking about this link?:

    So from what I can tell, Harbin is a city, Chanchun is a city, Shenyang is a city, Beijing is a city, etc., etc.

    The fact that you are equating the listing of an agent of Jiangsu Lile Group in a city named 'Harbin' with the actual company HRBN is not only a shoddy observation but equally obtuse. You should not be commenting without thinking.
    Sep 23, 2011. 09:39 AM | 5 Likes Like |Link to Comment
  • Windstream Rebuttal To GeoInvesting Report Unimpressive [View article]
    We are far from anonymous. Do your homework.
    Jul 25, 2014. 09:45 AM | 4 Likes Like |Link to Comment
  • Kandi Twisting The Truth - Undisclosed Information Reveals A More Realistic Picture Of Its EV Business [View article]

    Regarding the amateur SA BLOG entry (not an article, btw) about GEO and this phantom securities fraud you so excitedly refer to, our answer to that piece is and will always be NO. Once again, however, we need to remind everyone that you yourself are in fact no stranger to allegations regarding a little thing called insider-trading.

    "Porcari and Fearnow both were fined and suspended by the NASD for violating insider-trading and fair practice rules at their now-defunct firm, Porcari, Fearnow and Associates Inc.

    The SEC also brought administrative proceedings ( against Porcari in 1994. It said that while he was working as a financial relations consultant for a public company, he sought to engineer a “short squeeze” by making baseless predictions about its share price to brokers and urging them to make coordinated purchases of stock." source:

    We know you are probably tired of reading that, but we just need to give people perspective on who KNDI's lead cheerleader is.


    Now on to the only other point that we think matters w/r/t your sloppy, curiously quick-triggered, self-gratifying response. You say,

    "Obviously, they either didn’t care or didn't do enough homework to realize that the Company put out an SEC 8K along with the PR, and attached the contract. Here is the link to both the 8K and the Contract on the SEC site."

    You are obviously missing the point and represent the Old School way of thinking, blindly following what is put right in front of you. When the only one corroborating that a Contract was inked is the filer itself, wouldn't you see it fit to conduct a differential analysis?

    When we say that "we have not been able to locate details of this alleged ‘contract’ other than a press release issued by KNDI", we mean in China...WHERE IT MATTERS, or from CALB and other good reliable sources...not in an 8k issued by the company! We and everyone else saw it (the 8k) should know by now that supplementary due diligence on US Listed Chinese companies goes much further than ink on an SEC document!

    You think you are insulting us, but you are really insulting the whole investing community with your short-sighted assumptions.


    And yes, regarding the quote below, we would not expect anything less out of you regarding the following (if we only had a penny for every time we heard a pump like this)

    "You are looking at contracts and agreements that could generate Over $200 million next year for this $100 million market cap company and be on track for over $1.5 Billion in 2015. Would you rather be long or short such a situation?"

    Thanks for showing your true colors.

    Nov 13, 2012. 04:32 PM | 4 Likes Like |Link to Comment
  • Why Is China Mobile Games Still Good To Buy? [View article]
    Respectfully, I believe you should adopt a bit more of a "see the forest through the trees" outlook here. While the revenue may very well be real in the sense that money is changing hands, U.S. shareholders may legally have no right to recognize it - and that would be a big deal.

    If Chenghai Dan, the legal representative of Zhongzheng, works at CMGE, it's clearly a related party transaction issue that hasn't been properly disclosed - and that's something regulators and the company's auditor need to look closely at. U.S. shareholders are entitled to know how much cash is moving back and forth between Zhongzheng and CMGE, and for what reasons.

    If you're satisfied owning a company's stock with those types of unanswered questions, then we have different criteria for due diligence. We believe, as a shareholder, we'd be entitled to these answers.

    Slapping a conventional valuation on a company with these types of unanswered questions and red flags, we believe, is far too optimistic. We remain short.
    Jan 28, 2015. 08:52 AM | 3 Likes Like |Link to Comment
  • 22nd Century Group: 2014 Achievements/Missteps And Outlook For 2015 [View article]
    Who knows with XXII? The stock running, we believe, is the result of things like Chardan having an absurd $9 price target on the company which today represents upside of more than 500% from current levels.

    Maybe Pandolfino leaving was a small step in the right direction, but there are still a lot of unanswered questions with this company that has a $94M market cap and no meaningful revenue. The alternative tobacco story has been pushed and pushed since 1994 with no tangible results, either from sales or FDA approvals/IP.

    We'd love to see the additional milestones in the BAT agreement that were never disclosed and maybe the company will prove us wrong by making 2015 a banner year, but it's tough not to doubt these guys heading into the new year given their track record.
    Dec 16, 2014. 01:42 PM | 3 Likes Like |Link to Comment
  • ALJ Regional Holdings: Building A Solid Holding Company, One Acquisition At A Time [View article]
    Chris, thank you for the link. Much has changed since your article in January 2013. ALJ did indeed turn steel into gold. That gold bought back 50% of the shares outstanding and acquired two well established, profitable and promising businesses at bargain prices. Recent bank financing coupled with strong cash flows from operations puts ALJ in strong position to do other transactions in the future. Alternatively, cash generated from operations could be used to pay down debt and do share buybacks. Whatever is most beneficial to shareholders.
    Nov 21, 2014. 02:08 PM | 3 Likes Like |Link to Comment
  • Loan Default And Foreclosure Bring China BAK Battery's Solvency And Viability Into Question [View article]
    It appears that you did not read the article.
    Jul 23, 2014. 01:34 PM | 3 Likes Like |Link to Comment
  • Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
    Longwei dismissed lawsuit.
    Jun 28, 2013. 10:13 AM | 3 Likes Like |Link to Comment
  • Market's Epic Mistake Causes Cleantech To Triple [View article]
    As many of our Geo followers are aware we published an article about CLNT ( noting what we found to be a promising development. We observed CLNT operations for some time last fall and came away with what believed was a busy ongoing operation. However, since our article we have asked management to allow us more complete access to their operation so we can further substantiate financials and margins. The long and short of it is the same old song and dance we get from many China based companies in that management offered to “send us” any documentation (the same documentation sent to CLNT’s auditor) we asked for, but would not allow us

    • any direct access to the facilities,
    • to take any video, or
    • give us permission to retrieve SAIC and SAT documents for ourselves.

    I don’t think we can be any clearer than we were in our follow-up blog post stating:

    [“As we continue to call for a cleansing of the ChinaHybrid space, we as investors have exercised our right not to invest. In doing so, we have helped to create what could be a fantastic value opportunity if management teams begin to trust that our true motives are to help them gain investor confidence. It is time that we collectively let these companies know that if they want our money, certain conditions MUST be met:

    • Complete transparency with an openness to independent review;
    • Quality management that cares about investors;
    • Quality advisors: Law Firms, Auditors, IR, and Investment Bankers who have not been tainted over and over again with fraud associations.

    This does not seem like so much to ask for, but we are still looking for that one company.”]

    This disappointment alone is enough to keep us from holding a long position in CLNT, but the events of the past couple of weeks are even more troubling. As stated in Rick’s article it seems there is a very real possibility the CLNT stock is being manipulated during a time when the company is trying to raise money. It matters little to us if management is or is not part of stock manipulation activities. What does matter is that it in our view it’s apparently happening. At this point we view any investment in CLNT as highly speculative. Ultimately, we prefer more certainty in the investments we make.
    May 28, 2013. 01:36 PM | 3 Likes Like |Link to Comment
  • Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
    Geo on World News Tonight and Nightline

    Please tune in tonight for nationally televised segments featuring investigations performed by GeoInvesting, airing on ABC’s World News Tonight at 6:30 pm EST and Nightline at 12:30 am EST. Also see reports on ABC’s website under investigative research already available online at
    Jan 9, 2013. 01:02 PM | 3 Likes Like |Link to Comment
  • L&L Energy Is A Profitable, Undervalued, Coal Company [View article]
    Adam, how long have you been investing in the China RTO space? You basically are doing what we all did a few years ago - quoting China demographic stats to support the long thesis, and then believing what companies told us at face value. You need to become current with what is happening. The due diligence you base your conclusion on is just totally irrational.

    You stated that: "Although there have been some fraud accusations in the past, it's very unlikely that L&L Energy is fraudulent. It is headquartered in Seattle, Washington, and the management team are all American citizens living in the United States, mostly in the Seattle area. If they were Chinese criminals, they would not live in the US, they would live in China where they would be safe from being prosecuted."

    Are you serious? Correct me if I am wrong, but people who live in the U.S. also commit fraud don't they? I don't think that most of LLEN’s U.S. management consciously realizes that the company is being less than transparent. Like you, it appears that they just choose to believe Dixon's story. By the way, is Dixon still in China?

    Why don't you really perform some hard hitting DD and independently prove that LLEN owns its mines? Show us the docs.
    Jul 13, 2012. 03:52 PM | 3 Likes Like |Link to Comment
  • 27 Red Flags for Chinese RTO Stock Investors to Look For [View article]

    Yes.. Seasoned companies are slowly cleaning up their act. But we still need to inspire change for the new RTOs, pre public.

    Dec 19, 2010. 02:07 PM | 3 Likes Like |Link to Comment
  • 27 Red Flags for Chinese RTO Stock Investors to Look For [View article]
    My trading position in CCME was Long, but I closed out my position at the end of the day (Friday). I will look to trade this and many other names depending on market sentiment and my own DD. My motives are to be aware of where shorts may strike next to protect my long portfolio, avoid or short stocks that have serious issues and go long strong name. It is also intended to force companies to take corrective measures ASAP. The Header of the fraud list is Red Flags Commonly Used to INSINUATE fraud.

    I am not saying these items prove fraud.

    Regarding CCME credit rating.. I don't think its a big deal, yet. And I certainly did not think this was new news. I need to dig up my docs again, but I think it was a rating based on SAIC filings which many feel are useless. Regardless, the rating is out there and investors should know that it can be used as a potential weapon by shorts. I am searching for other credit rating reports which will hopefully contradict what I initially found. Overall, CCME has done a great job in its attempts to establish credibility.

    It is funny that you are upset that I have not offered resolution when you should be asking companies to take on this task instead of raising money at obscene multiples. And for your information.. I have not just left the info hanging out there as you assume.... the points in this article are what others have documented, well before I have. And I have discussed many of these stocks on my site and in articles. But I am curious as to the extent of what your DD has been in the ChinaHybrid space? It is also funny how many investors have no problem admiring view points that support a bullish opinion, while becoming infuriated when challenged by even minor contradictory points.

    This article was not even negative.

    Dec 19, 2010. 02:00 PM | 3 Likes Like |Link to Comment