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Orient Paper, Inc. Message Board

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  • mawsii1 mawsii1 Sep 19, 2010 11:13 AM Flag

    Now 34 working days after announcement of engagement of Deloitte: educated guess

    The release of report has no relevance in regards to the class action BS lawsuit. From everything I have gathered from ONP investor relations and every sec filing in the past. ONP is doing the right thing with shareholders best interest at hand. When this is finished, I believe the results will match last quarters 10Q, the shorts will be done along with the lawsuits...Lawyers can file these anytime, anyday, for whatever reason they come up with..Every public co usually faces these at some point. Oct 5th was set to get a lead plantiff. which they may not even get. I have talked with two of the firms, both told me it takes 3-5 years to get a settlement, and that's if they are successful..The one Attorney hardly knew anything about ONP, his statement was ...I believe with the stock drop there's enough to build a case on..Give me a break..so your firm will recieve 42% of any settlement and it will go on for 3-5 years...Yes... .These suits are just ambulance chasers down wall st. It will go nowhere.. Lets the shorts pile it on for now...the stock is a steal here, thankyou, I'm buying more monday

 
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