1, Couple of quarters ago, they claimed to buy back shares. Has it ever happened? No!
2, They invested in Jining365.com and claimed that investment would turn into positive cash flow for the company. Where are the profits?
3, Now they have acquired Lgsteel. Any details about the transaction? Probably another way of money laundering?
4, The management team knows the company is a scam. That explains no inside purchase of their shares on the open market.