Wow!!! GeoInvesting did it again. Busted yet another small cap China fraud. There is obviously nothing like on the ground due diligence to find out what's really going on with Chinese small caps. Too bad the auditors and buy side "analysts" don't do some true due diligence like Geo and Alfred Little.
I assume LPH will be halted soon so take what you can get and move on. It would be a good idea to steer clear of Chinese small caps in the future. Fraud is pervasive in China. That's just how the operate and do business.
Geo has really set themselves apart from the crowd. It really takes on the ground due diligence and resources in China to find out what's really going on with these China scams. Amazing, where the heck were the auditors and, for that matter, Red Chip?!