1. NQ lost 60% of it's market cap on Muddy Waters initial report because it's a fraud.
2. Management listed "because" as the reason for needing an extension to file their audited financials because they are a fraud.
3. They didn't provide an explanation for missing the extension date to file their audited financials because they are a fraud.
4. They announced the two fake heads I win, tails I still win, minority "investments" clearly aimed a providing a fake value to a couple of their business segments because they are a fraud.
5. The summary of the Lawyers white wash report contains a disclaimer that files appear to be missing and management could not offer a satisfactory explanation why because they are a fraud.
6. Ying Han, the head of the auditing committee (and head of the special committee investigating Muddy Waters claims) steps down for "personal reason" because they are a fraud.
7. Ying Han doesn't step down from her role as chairman of the audit committee of Wuxi Pharma Tech for "personal reasons" because NQ is a fraud.
8. Two months late on the 20-F filing NQ announces they are "considering" their auditors request for additional information because they are a fraud.
Don't forget they made a PR statement in November that their top executives would buy NQ stock on the open market within 6 months but none has bought any NQ stock with their own money. Not one $1.
Yep and I also forgot to mention they're trading for about 20% of the pre Muddy market cap a few weeks after their lawyer found them innocent because they are a fraud!