None of the big 4 perform audits in China. They lease their names for profit to #$%$ China Co's. The have no affiliation with the China auditors. It is a scam on Americans to believe real US auditing firms are affiliated with these #$%$ VIE's
Sam you are wrong. The loan allowed for a maximum of 200 store closures each year for a 3 year period, 600 maximum. This was a basis of the Oct 2013 loan. 90 days later RSH tried to unilaterally close 1,100 stores without an amendment to the loan
Look every country has had real risk reward issues with the product and they see the product is a dog in the US with very short usage before discontinuation with people regaining weight. That further makes the risk reward proposition worse for the product. Too few long term success stories.
28 EU Countries, the Swiss and Canada said no. Great Britain application never went forward. Who will say yes after the leading countries in the world for medical care for their population say no?
Get it yet? Jack said applications elsewhere were a " Black Hole" . It is over
Canada has issues that the trial had a non representative group of people that were too young overall masking side effects that occur with older people. Bad trial design.No approval ever
Rocket ignores the liability side of the leger. There is no retained earnings when you subtract the liabilities from the assets. I think Rocket is a short spoofing for fun.
If they had not had the one time Canada investment gain and cut advertising 75M the loss would have been over 700M.
If they didn't announce a date you would know for sure they were filing BK and that would move the stock down fast. They could file any day regardless of a headline
ONP's auditor was a convicted felon picked by Kit Tsui for numerous frauds. Auditors in China are a joke. The SEC has warned Americans about them and they often don't even verify the cash in the bank. THE SEC ha leaned on the US big 4 to stop renting their names in China
They dont have the cash to pay the bills due. It has nothing to do with long term or short term debt.They are illiquid
There were no regulations requiring the sale. Jack sold it to himself screwing Yahoo. That regulation requirement was spin Yahoo would be worth more if not screwed out of Alipay
ringwise, they don't own the hard assets, only the debt.. PS the raw materials inventory is dramatically reduced? Why?
!/3 the people quit the Belcebo trials due to futility. Too few left to quit from side effects. Funny data massage. 77 days on the drug and quit on average