Does anybody know whether there has been any legal action be taken by the company?
What are the investor options?
Can the company simply cancel its ADR shares as some poster has suggested?
Is it possible that some investor with a good understanding of the Chinese legal system can sue this company in China to force some asset sales?
Is DGWIY still reporting any finacial data to the Chinese authorities and are these somewhere published?
Can DGWIY attempt to list at another exchange before satisfying US investor demands?
Apparently this company is still in business and doing well.
Pls respond whoever thinks he knows how this company can be forced to report so the stock price will go back up. This company is not bankrupt but real and selling real products. We should not allow them to get away with the millions they received from the IPO and secondary offer.
I am not "Maria" but obviously nobody on this board knows what is really going on. Are we all just bagholders? Why is there nobody interested in taking legal action against Mr. Guo? After all this stock was listed on the NYSE and there was a follow-up offering. This crook took in a lot of money and can he really get away with it and delist our shares?
Any attorney on this board who can shed some light on this?