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China Information Technology, Inc. Message Board

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  • lydiaahern lydiaahern Sep 19, 2011 6:24 PM Flag

    For anyone left holding CNIT

    chinese accounting=fraud and losing money for the americans who invested-this is the second chinese comapany i have owned (since 09) and lost all-its sickening actually-because both companies were very strong and financially solid, making lots of money etc. forecasts were excellent-millions and millions in future contracts in place etc.-its meaningless-
    its a sin really-on a global scale- do american companies "go private"? i never heard of that until i purchased shares in chinese co's. listed here.

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