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NQ Mobile Inc. Message Board

  • getintoh20 getintoh20 Jun 11, 2014 4:05 PM Flag

    NQ Mobile -11.7% after false report, lack of 20-F timetable

    NQ Mobile -11.7% after false report, lack of 20-F timetable
    A false report (attributed to a fake Xinhua Twitter account) stated NQ Mobile (NQ) had fired auditor PwC. NQ has since affirmed PwC remains its auditor, but has added it still has no timetable for filing its delayed annual report (form 20-F).
    Shares have now given back most of the huge gains they saw a week ago after NQ released its special committee's findings, and are down 44% YTD.
    Debate on SA remains fierce. Quoth the Raven thinks a still-pending financial audit from PwC "could be a lose/lose situation for NQ." Justin Giles thinks NQ will likely receive an unqualified audit that fully clears the company.
    Yesterday: NQ Mobile sells stake in NationSky

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    • Management has done everything right, see below positive news plus higher stake from ChinaRock on Jun 2nd:
      Tuesday, June 10, 2014

      NQ Mobile Inc. Announces Sale of a Minority Interest Investment in Its Wholly Owned Enterprise Subsidiary, NationSkyPR Newswire( (Tue, Jun 10)

      Wednesday, June 4, 2014

      NQ Mobile Reports on the Special Committee's Independent InvestigationPR Newswire( (Wed, Jun 4)

      Friday, May 30, 2014

      NQ Mobile Inc. Announces Sale of a Minority Interest Investment in Its Wholly Owned Subsidiary, FL MobilePR Newswire( (Fri, May 30)
      NQ Mobile Inc. Raises Revenue Guidance for Q1 2014 and Initiates Preliminary Q2 2014 Revenue GuidancePR Newswire( (Fri, May 30)

      Wednesday, May 28, 2014

      eSecuritel Teams with NQ Mobile for New, Full-Spectrum Damage-to-Data Protection Offering for CustomersBusiness Wire( (Wed, May 28)
      NQ Mobile Subsidiary FL Mobile to Bring Popular Japanese Multi-Player Soccer Game to ChinaPR Newswire( (Wed, May 28)

      Thursday, May 15, 2014

      NQ Mobile Provides Update on Filing of Form 20FPR Newswire( (Thu, May 15)

      Tuesday, May 6, 2014

      NQ Family Guardian Wins 2014 Bronze Edison Award for Innovation in Safety and SecurityPR Newswire( (Tue, May 6)

      Monday, May 5, 2014

      NQ Mobile's NQ Live™ and NQ Music Radar™ to Provide Innovative Music Experience and Audio Search, Discovery and Recognition on HTC One (M8) Harman Kardon edition, exclusively from SprintPR

 
NQ
3.57+0.11(+3.18%)Jul 28 4:02 PMEDT