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Lihua International, Inc. Message Board

  • skep115 skep115 Dec 29, 2012 12:06 PM Flag

    has anyone seen the muddywaters global china rto report?

    its just a matter of time before this blows up.... please read it .... if you have not

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    • tdcburns Dec 29, 2012 12:51 PM Flag

      I couldn't find it. When was it written and did it have anything to do with MW's public announcement that they are backing down and no longer shorting China since China's slowdown bottomed 6 months ago? The bogus damage that MW did to a lot of solid chinese companies the Chinese should have Carson's Block's head on a chopping block.

      The china slowdown never really affected demand for LIWA services anyway nor did it have much effect of LIWA's Robust earnings the last 3 years and if it did LIWA's numbers are going to be that much more robust going forward not to mention the latest 2 new smeltors that are doubling LIWA's capacity.

      When you say its just a matter of time before this blows up what do you mean by that? MW tried to blow up FSIN and LIWA with a false hit video back in early April tanking LIWA to $3's and FSIN shoved it up MW's bleep with a going private deal 50% higher afterwards and they never had anything real against LIWA either.

      Sentiment: Strong Buy

      • 2 Replies to tdcburns
      • China 360 ..Is this the group that had a positive investigation of LIWA .. Check this out at Sharesleuth

        Peter J. Goldstein, chairman of a Florida-based broker/dealer called Grandview Capital Partners Inc., owned a stake in the shell company that would have given him 3.28 million shares of Guanwei Recycling, or 16.4 percent of the total outstanding.

        Together, those three men would have controlled 6.56 million shares of Guanwei, or nearly a third of the company. None of them, however, filed anything with the SEC reporting the ownership of 5 percent or more of its shares.

        That means that they either failed to file the necessary disclosures, or that they transferred some of their shares to other parties prior to the reverse merger.

        We noted that Goldstein and Grandview Capital are part of China 360 Solutions, an entity set up by a group of financial firms to help U.S.-listed Chinese companies counter negative publicity and maintain investor confidence.

      • go to the muddywatter website.... trust me .. i liked liwa ... at one time in 2010 i had 65,000 shares.... but these china rto's of which LIWA is one .... are a joke....

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