Management has now had over 60 days to repond to the reports of fraud. They have been silent too long in making a rebuttal. It is time that this company gets delisted and put on the pinksheets so trading can resume. At that point, the people that want to get out of their positions and take their loss can.
I hate it that I was out of my office when this happened and didn't get the alert that told me to sell the day before. Every time I look at the red position of LPH I am reminded and it makes me sick. Yes, I would like to see this go back to trading so I can take my loss and get it off my books so I can forget it. I really hate the people who have done this and hope that they are dealt with as they deserve.
The people "who have done this" are heros in China. They have only given the Western Imperialists a little payback in their opinion. The chinese government will most likely give them a medal for service to their country.
Your broker can help you write it off as a worthless security. Hopefully you had the stock in a taxable account where you can use the loss. If it is in an IRA account, then you get screwed twice over. Not only is your money all gone, but you can't take the loss either.