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Duoyuan Global Water Inc. Message Board

  • dr.tjm42 dr.tjm42 Apr 4, 2011 9:31 PM Flag

    You're giving MW way too much credit

    Chinese companies have a problem with leaking important information prior to it becoming news. The CFO resigning (to pursue blah blah blah) is a much bigger problem than the MW report. The resignation was "rumored" and swirling around all weekend. That's a tangible nightmare, not just conjecture by MW. Maybe MW has something, maybe they don't but the CFO quitting before he becomes the subject of an SEC fraud investigation is much more relevant. And finally, everyone new Levi & Korsinsky was preparing a class action fraud suit for fudging the financial statements long before the MW report, even though the press release came at 6:30 this evening.

    Maybe 1 of these 3 events alone could possibly be explained away but if you guys continue to turn a blind eye when there's a fire right in front of you, you're gonna get burned.

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