OTCPK:TOUBF - Post by User
Post by
flyinghorseon Oct 25, 2012 12:39am
269 Views
Post# 20521206
aren't you guys tired of posting day after day
aren't you guys tired of posting day after day and trying to figure out who and what? Let me tell you if the Chinese Central Government does not want to assist getting to the bottom of the whole thing, no one can. Then again, why should they? sinoforest is a Canadian company. Investors are all Guilaos. To clarify the matter would expose a large number of corrupt local forest officials, would disrupt local governments, would further upset ripped off farmers, and would probably lead to large scale social unrest. China would have nothing to gain and everything to lose. Besides, the matter was brought on by our own short sellers, and perpetuated by our own regulators. Fraud or no fraud, the company is already bankrupt, assets gone, cash in the bank gone, shareholders wiped out.
As a shareholder, I'm only interested to see how osc is going to end this saga. Do they have any proof? Are they going to issue an indictment against anyone? Other than that, there is really nothing more to say.
just my opinion.