OTCPK:LLEN - Post by User
Comment by
raceagainstthestormon Dec 11, 2012 9:05pm
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Post# 20716504
RE: Race...
RE: Race... I saw that the SEC was really going to drop the anvil on a fairly large number of Chinese listed stocks if China did not address the company privacy law(accounting access).....those teetering in R/S territory will be first in my opinion. CPSL went through a terrible reverse split and then dropped like a rock afterwards, really worth about .18-.19 cents and still floundering...they will be dropped in my opinion, CNAM, will get it too. I really don't think LLEN has anything to worry about, but there are some chinese paper, med, food, and clean energy stocks that will go to the pinks real soon. CHOP very well could be one, they have had some odd dealings in the past with their large earnings starting out and floundering after opening a new facility. Most of these just take Shareholder money build the bidnez, borror money from the bank against it, embezzel it, and turn the facility over to the bank(Gov't), and default with the money being distributed to mult family mambers....
Protect your money.