Comment by
chsharpei on Jan 03, 2013 3:35pm
Now Race, how is RC going to investigate these companies if the SEC is unable to do so? Sharpei
Comment by
Tjpsimone on Jan 03, 2013 3:42pm
The only way these companies can be investigated, is if they are INVITED to be. The SEC will never be invited to investigate a Chinese Company until political policy changes. I dont think Red Chip would ever be invited to do a DD on a Chinese Company ever. A walk around, dog and pony show, yes, but never a true DD audit. All relationships with Chinese based on handhsake, and trust.
Comment by
raceagainstthestorm on Jan 03, 2013 3:49pm
Same way Geo did, sat and time lapse vs volume, co visit, interviewing locals...product review, financing...property, past buisness.. Lee's past is not spotless. Maneta was a window dressing.