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SkyPeople Fruit Juice, Inc. Message Board

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  • Jedd271 Jedd271 Jan 31, 2011 5:12 PM Flag

    Harmony MN

    they are delinquent on a whopping 200 USD ??? Their main operations are in China and I believe they are firing on all cylinders.

    You got brass ones to short way down here my friend

    good luck

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    • Admittedly I sold my long position last week; I currently have no position in SPU and I almost never short anything. The point isn't that they are delinquent $200. The point is they have done no filings at all since they established the US company in June 2009. And look at my previous posts were I listed some of their US distributors. I even felt better when I talked to one US distributor who confirmed they did indeed carry SkyPeople products. The fact that they have owed any tax for almost a year and not filed a single report (ie, estimated quarterly taxes or annual income tax) indicates they aren't paying very close attention.

      I posted because I have had some good discussions with a few board members over the last year and thought I would share my concern. But you won't see me on this board anymore. Good luck and I hope this is nothing more than an oversight and all of you make lots of money.

 
SPU
1.2582+0.0583(+4.86%)Mar 27 3:59 PMEDT