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  • outpissed outpissed Jul 13, 2011 10:07 PM Flag

    After the class action, SEC and other legal battles...

    If we figure optimistically there might be a couple million dollars in physical assets right now what will be left after the class action, SEC probe, many other misc legal battles, and criminal trials when the family is most certainly spending hard time in prison for massive SOX violations??

    What are today's buyers getting? The remnants of a fraud shell company after it has been pillaged by the family, then picked over by the class action and various law suits? And that assumes any assets in China are unencumbered and within the grasp of the US legal system which they probably are not.

    Norbert is probably loading the plants up with mortgagess if he had not already done so years ago. He is expert at getting every bit of cash out of his grand scheme.

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    • Second Chinese company that I've owned that was killed by fraud. Bought them about the same time, guess I should take that as a warning. PUDA Coal is (was) the other. There are some physical assets left to it, but who knows if they will have much future value. I'm thinking more about companies that pay a dividend. Dividends are harder to fake than financial reports.

    • The SEC announced investigation of HQS back in long does it usually take for an SEC investigation to conclude and share results with the public?

    • For some unknown reason your post just appeared. I had you on "ignore", maybe the switch to the new mb? D-amn.

      Can't help but reply. After a setting a Guinness world record for making a fool of yourself with absurd pumping posts, you now seem to be making equally inane, babbling, bashing posts, without, as always, as single fact to back-up your nonsense, trying to break your own record. You're either a weird type of schizophrenic or some yet to be identified variety of wacko.

      Gotta see if I can get "ignore" to work again.

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