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  • @AmericanShKnow Takes NQ's Advice, Discovers NQ Has Abandoned International Websites 0 comments
    May 15, 2014 12:54 PM | about stocks: NQ

    @AmericanShKnow Takes NQ's Advice, Discovers NQ Has Abandoned International Websites

    In NQ's Conference October 25, 2013 call to 'address the false allegations', Gavin Kim made the following statement on page 10: "Next, I'll return my attention to black hat search engine optimization. NQ unequivocally refutes the allegations filed in the report that NQ owns the domain addresses referenced in the report. NQ will share our complete list of domain addresses that NQ owns and uses in our business globally to those who would like to conduct their own due diligence on our business." 1

    @AmericanShKnow performed the due diligence by taking screen shots of the urls when first published, and then recently checking those urls again and has found that NQ no longer maintains its international websites and is in fact redirecting local language websites to its English only website.

    The list published by NQ included the following urls:

    Country/Region

    URL

    France

    fr.nq.com

    Saudi Arabia / Arabic

    sa.nq.com

    Vietnam

    nq.com.vn

    Russia

    ru.nq.com

    Germany

    de.nq.com

    Italy

    it.nq.com

    China

    cn.nq.com

    Spain / Spanish

    es.nq.com

    India

    in.nq.com

    Korea

    kr.nq.com

    Portuguese

    pt.nq.com

    How many people are still buying Symbian antivirus software?

    Country/Region

    URL

    SW Version

    Target OS

    France

    fr.nq.com

    4.1

    Symbian

    Saudi Arabia / Arabic

    sa.nq.com

    4.1

    Symbian

    Vietnam

    vn.nq.com

    4.1

    Symbian

    Russia

    ru.nq.com

    4.1

    Symbian

    Germany

    de.nq.com

    4.1

    Symbian

    Italy

    it.nq.com

    4.1

    Symbian

    NQ is now redirecting these local language websites to the flagship url:

    Country/Region

    URL

    Redirects to

    France

    fr.nq.com

    www.nq.com

    Saudi Arabia / Arabic

    sa.nq.com

    www.nq.com

    Vietnam

    vn.nq.com

    www.nq.com

    Russia

    ru.nq.com

    Unchanged

    Germany

    de.nq.com

    www.nq.com

    Italy

    it.nq.com

    www.nq.com

    NQ's international websites targeted a consumer base of Symbian OS users and were last updated in 2011, when they existed. Now, they don't exist.

    NQ claims to generate a large portion of their revenue outside of both China and the USA, citing locations such as Vietnam and the Middle East as profit centers.

    How can NQ generate international profits when they don't have any international websites?

    Why didn't any of the 24 analysts on the call check any of this?

    Screen shots of sites:

    Country/Region

    Screenshot

    France

    Saudi Arabia / Arabic

    Vietnam

    Russia

    Germany

    Italy

    Korea

    Portuguese

    Investors and speculators alike should pay particular attention to the attestations of a management accused of fraud. As an exasperated Omar Khan himself said in his Bloomberg interview with Emily Chang, "All of this is so easy to prove!" 1

    1 http://ir.nq.com/phoenix.zhtml?c=243152&p=irol-EventDetails&EventId=5046278

    1 http://www.bloomberg.com/video/block-s-delisting-prediction-is-absurd-nq-s-khan-Cij~yBT1QCmd4oTRkqYE0w.html

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: technology Stocks: NQ
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