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Claymore/AlphaShares China Real Estate Message Board

rogerabc100 48 posts  |  Last Activity: Nov 25, 2014 1:51 AM Member since: Nov 27, 2005
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  • This is the main reason why Hanwha don't merge these 2 companies.

    In a email to IR, I asked why Hanwha does not merge Hsol with Qcell. IR answered all my questions beside this question. In addition note that HSOl is losing its asset value in last 5 quarters. What if Hanwha is transferring assets quietly from high-debt Hsol to its other companies in preparation for bankrupting HSOL ?

    Ask yourself why HSOl is losing its total asset value in last 5 quarters. check it out

    Please beware. I am not shorting HSOL and don't intent to buy HSOL anymore. I took a huge loss by selling all my HSOL shares , moved to ESI 2 months ago and was very lucky.

  • rogerabc100 rogerabc100 Oct 19, 2014 1:27 AM Flag

    Why analysts were not allowed to participate in the CC of 10/17/14? Why only 4 written prepared questions were answered by CFO and CEO?

  • Pricewaterhouse did NOT sign the 2013 financial statement . Pricewaterhouse sent a letter to ESI board explaining why they CANT sign 2013 FS. Read this paragraph from PWH letter. This is only a letter from PWH to the ESI board. This is NOT a certification of 2013 FS. In the letter PWH explains 5 reasons why ESI did NOT maintain effective internal control over financial of 2013
    ____________________________

    In our opinion, the Company did NOT maintain, in all material respects, effective internal control over financial reporting as of December 31, 2013, based on criteria established in Internal Control - Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) because material weaknesses in internal control over financial reporting related to (i) the application of consolidation accounting to variable interest entities, (ii) the assessment of the completeness and accuracy of student loan data underlying estimates made in the valuation of the PEAKS Trust student loan receivables, (iii) controls over the estimation and review of contingent loss estimates related to the guarantee obligation under the 2009 RSA , and (iv) the timely identification and communication of information relevant to the private student loan programs to those members of management responsible for the Company’s financial reporting processes existed as of that date. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis. The material weaknesses referred to above are described in the accompanying Management’s Report on Internal Control Over Financial Reporting.

  • rogerabc100 rogerabc100 Oct 18, 2014 8:12 PM Flag

    Pricewaterhouse did NOT sign the 2013 10K . Pricewaterhouse sent a lettre the ESI board explaing why they CANT sign 2013 FS. Read this paragraph from PWH letter. This is only a letter from PWH to the ESI board. This is NOT a certification of 2013 FS
    ____________________________

    Also in our opinion, the Company did NOT maintain, in all material respects, effective internal control over financial reporting as of December 31, 2013, based on criteria established in Internal Control - Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) because material weaknesses in internal control over financial reporting related to (i) the application of consolidation accounting to variable interest entities, (ii) the assessment of the completeness and accuracy of student loan data underlying estimates made in the valuation of the PEAKS Trust student loan receivables, (iii) controls over the estimation and review of contingent loss estimates related to the guarantee obligation under the 2009 RSA , and (iv) the timely identification and communication of information relevant to the private student loan programs to those members of management responsible for the Company’s financial reporting processes existed as of that date. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis. The material weaknesses referred to above are described in the accompanying Management’s Report on Internal Control Over Financial Reporting. We considered these material weaknesses in determining the nature, timing, and extent of audit tests applied in our audit of the t

  • rogerabc100 rogerabc100 Oct 18, 2014 7:44 PM Flag

    I checked again the 10Q . There are 86 pages and then there the gigiture certification . No auditor signed and certified the 2013 FS.

    You are POS and as usual you are deceiving and cheating. Here is the last page of the 10Q for 2013 FS. Only CFO and CEO signed it
    _________________________________________________
    INDEX TO EXHIBITS


    3.1 Restated Certificate of Incorporation, as Amended to Date (incorporated herein by reference from the same exhibit number to ITT/ESI’s 2005 second fiscal quarter report on Form 10-Q)
    3.2 Restated By-Laws, as Amended to Date (incorporated herein by reference from the same exhibit number to ITT/ESI’s Current Report on Form 8-K filed on July 22, 2011)
    31.1 Chief Executive Officer’s Certification Pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934
    31.2 Chief Financial Officer’s Certification Pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934
    32.1 Chief Executive Officer’s Certification Pursuant to 18 U.S.C. Section 1350
    32.2 Chief Financial Officer’s Certification Pursuant to 18 U.S.C. Section 1350

  • This is also the reason why there is no settlement with SEC . CFO is a low level accountant who is cooking the books. Look at his Linkedin account. The guy is totally incompetent . He has a BA from a small town collage. In his Linked-in account he is commending a plumber who made a renovation in his own house. He has grammar errors in his own description in LinkeIN account. The PEAKS off-balance sheet is not the only issue that is fraud in 2013 FS. Just read the 65 pages that ESI released for 2013 FS last week

    The auditor Price-Cooper will never sign on 2013 FS and other FS of this fraud company.

  • rogerabc100 rogerabc100 Oct 18, 2014 3:19 PM Flag

    Any rational response why Price-Cooper and ESI chairman did not sign the 2013 FS?

  • rogerabc100 rogerabc100 Oct 17, 2014 5:13 PM Flag

    1) Why Price-Cooper did not sign the 2013 FS?
    2) Why Chairman, who is an attorney did not sign the 2013 FS?
    3) Why CEO and CFO did not mention anything about settlement with SEC in the CC?
    4) Why after 10 months 2013 FS is not audited?

    There are a lot of questions , yet the stock rose 220% in 3 days.

  • CFO and CEO signed because they have no other choice.

  • rogerabc100 rogerabc100 Oct 3, 2014 2:55 PM Flag

    and this will be Monday

  • Reply to

    rogerabc post from August 28th

    by good_ole_bald_balls Oct 3, 2014 1:14 PM
    rogerabc100 rogerabc100 Oct 3, 2014 2:53 PM Flag

    You are not long , you are short. And you changed the content of my post. I did not say FS will be reported Friday.


    She was happy in 8/29 when she answered my questions and she was very happy this morning. We will see Monday morning. If I am wrong I will not post anymore and sell my shares

  • Nicole sounded very happy during conversation with her today.

  • Nicole Elam did not anything specific but clearly was happy and said wait for net week

  • Monday morning 10/6/14 is happiest day of ESI shareholders

  • I am sure about that based on conversation with somebody . Wait and see Monday morning

  • ZEPHYR COVE, Nev., Oct. 1, 2014 /PRNewswire/ -- VirnetX's Holding Corporation , an Internet security software and technology company, announced today that on September 30, 2014, it was granted a new patent from the United States Patent and Trademark Office (USPTO); US Patent No. 8,850,009,System and Method Employing an Agile Network Protocol for Secure Communications Using Secure Domain Names.

    The new patent, the eleventh granted in 2014, is the result of VirnetX's significant research and development investment and commitment. The patent supports VirnetX's Secure Domain Name functionality which is used to enable various types of communications that use encryption to protect data, such as encrypted communication channels or links, secure communication links and virtual private network communication links. This functionality allows various applications including audio/video, telephony and messaging applications to communicate seamlessly and securely over the Internet. Customers can obtain a license from VirnetX to use this functionality in their current or new applications. VirnetX is also building a number of messaging and cloud- based applications that run on VirnetX's Gabriel Technology Platform for home and small business networks.

  • 1) The fact is ESI in not at any significant danger at this time of losing government funding. As funds continue to come in without delay the stock will rebound.

    2) The delay in filing their financials is related to PEAKS program . ESI is working hard on receiving SEC approval on how to account for PEAKS. In worst case ESI will pay fine to settle the Wells wit SEC

    3) Should DOE decide to withhold funding for 21 days, ITT is in the position financially to withstand the delay in funding because its $200M cash

    4) After COCO shutdown , DOE cant afford to shutting down another large colleges institution as ITT. Shutting down COCO has caused significant disruption for more than 100,000 students and employees.

    5) ITT in addition to sitting on over $200M in cash is sitting on real estate worth at least $119M. That means they have much more cash and assets than the current valuation of the stock. When Wells fear will be removed, ESI will fly.

    6) After bringing 2009 PEAKS loans into their book , ESI does not need to pay anymore for PEAKS losses by 2020

    7) At this price there is way more realistic potential upside than there is downside. With 65% of float shorted, any good news, and there is potential for a lot of it in the coming weeks, could send the stock on a major run

    8) ITT is mainly educating technicians and there is severe shortage of technicians as reported by Boeing , WSJ and other magazines.

  • rogerabc100 rogerabc100 Oct 2, 2014 12:41 PM Flag

    I spoke with her again. She said there are in a meeting since 9AM. Is the settlement going to be below $50M ???

  • My source who is working in VHC corporate said, she saw Apple executives and lawyers in the main meeting room. Why Apple would like to settle ? Is the settlement going to be below $50M ??? I think so.

TAO
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