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bonalcharles

bonalcharles
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  • Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
    The Rosen Law Firm has done this before , they state in their bio they have been assigned lead council in the PUDA case and up until now no link with LPH has been established so please. They are just trying to drum up business. This firm is only 10 strong. Again keep investigating the truth will prevail weather or not the truth will recover the stock price is another story.
    Jan 3 05:31 PM | Likes Like |Link to Comment
  • Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
    Thank you Ken,
    These are my concerns as well also the fact they even admit being short but at the same time claiming they do not have any business relationship as per the disclosure makes me wonder why now? I am also waiting for their video link and still no response.
    And I am still having a problem linking BUDA with LPH even using the articles information. What is your take on this none proven existent relationship?
    Jan 3 05:30 PM | 1 Like Like |Link to Comment
  • Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
    Based on your diagram I do not see the connection between BUDA and LPH .
    Jan 3 03:03 PM | Likes Like |Link to Comment
  • Yongye's Cost Discrepancy [View article]
    Richard your article states what you have been saying for a while now and offers nothing new.
    Even though your article does not mention your other assertions about YONGYE I still need to ask you who are the two auditors at KPMG that you have accused of conspiring to fraud us and why is it that you have not spoken to management and mentioned you KPMG assertions in your article?

    Have you been to China to see the company, YONGYE, operations and if so when did you go? By the way Imminent is defined “likely to occur at any moment; impending.” I believe waiting for almost a year really does not constitute imminent. Let’s see now we have had several years of SEC 10K filings and only you and another SA article writer Eiad Asbahi say they are invalid.
    My only question to you is why is it you do not ID yourself ? Come on now if you are going to accuse a company of fraud and their auditors of being in collusion then I believe they need to know their accuser. Also you have stated, not in this article but previously on YMB on Yahoo MS investment of $50million dollars is suspect as well.
    It appears you are interpreting the SEC 10k reports one way and the KPMG auditors along the MS people are interpreting these SEC reports another way.
    If you are accusing YONG of fraudulent reporting then why has the SEC not delisted Yongye yet? Even after the SEC stated they were making it a priority to re evaluate the Chinese RTO companies. They have 10k filings back since 2008 that is four years of listings.
    So if KPMG, MS and YONGYE are all in on this conspiracy where is your proof and please do not say the SEC Filings because everyone has had access to view these reports and we can interpret them on our own. Where is your additional evidence? Do you have any copies of correspondents between these parties indicating such a conspiracy exist and if you do then please produce them so we all can benefit from this information otherwise it is just your interpretation of the filings that is causing you to say fraud and that is just not good enough.

    Let’s see now you have made your case and let’s see where it takes us. Yongye’s management will be here in the US on their road show in MAY and there will be plenty of opportunity for potential investors to ask questions on your assertions and accusations along with the read on the 10k reporting. We will let the market determine the validity of YONGYE along with SEC and not just one or two lone voices out their screaming fraud.
    Apr 23 02:58 PM | 2 Likes Like |Link to Comment
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