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FAB Universal Corp. Common Stoc Message Board

jeremygrey40 3 posts  |  Last Activity: Apr 7, 2015 6:12 PM Member since: Sep 2, 2011
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  • jeremygrey40 jeremygrey40 Apr 7, 2015 6:12 PM Flag

    The US press release is out talking about this transaction..values company at around $8 per share.

    http://finance.yahoo.com/news/airmedia-sells-5-equity-interest-210000981.html

  • Reply to

    SCOK Auditor-Red Flag

    by jeremygrey40 Mar 4, 2015 12:00 PM
    jeremygrey40 jeremygrey40 Mar 4, 2015 3:46 PM Flag

    The firm is based out of a residential apartment..why does huang not mention sherb in his profile on the their website. I would not trust this company after hiring such a no name auditor like HHC.

  • jeremygrey40 by jeremygrey40 Mar 4, 2015 12:00 PM Flag

    If SCOK was a legitimate company why would they hire an auditor like HHC LLP? Heres what we know about HHC. Their managing partner/co-founder Eric H. Huang used to be a senior auditor at Sherb & Co. In November 2013, regulators barred Sherb and 4 of its employees from auditing public companies, saying they failed to audit properly three Chinese companies traded in the U.S. Despite working as senior auditor for Sherb, Huang's bio on the HHC website does not mention he worked for the company. The other partner of HHC, Irene Cai, also worked as an auditor at Sherb. Her bio also fails to mention her employment at Sherb.

    Both New York and Florida business addresses appear to be residential buildings.The New York business address listed for HHC is 110-20 71st Avenue, Suit 633, which appears to be a residential apartment building. Their Florida address 6724 Columbia Avenue, Lake Worth, FL, 33467, which is a residential house.

    If SCOK wanted to show it was a trustworthy company, they would hire a real auditor.

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