GeoWire

SEC Euthanizes 397 "Dormant" Shells, Including Cray Computer, LA Gear
Monday, May 14, 2012, 11:20 AM ET -
by Daniel Fisher, Forbes Staff The SEC announced today it has ordered a halt to trading in 379 “dormant” shell companies to prevent them from being “hijacked by fraudsters” and used in pump-…

A Fraud Went Undetected, Although Easy to Spot
Thursday, February 23, 2012, 5:00 PM ET -
by Floyd Norris, Chief Financial Correspondent of The New York TimesWithout a rule of law, investing is an extraordinarily hazardous undertaking.The latest charges of fraud in a Chinese company traded in the United States were filed this week by theSecurities and Exchange Commission against two former executives…

PhillyDeals: Stocks, gas prices, and the November election
Wednesday, February 22, 2012, 3:01 AM ET - Skippack, PA
Maybe what the stock market lacks is a motivated seller. Will President Obama fill that role this election year? "Obama's doing what he can to save his job, and that means his people are hard at work" trying to make things…

PhillyDeals: Manayunk Paper Mill Faces a New Reorganization
Tuesday, February 21, 2012, 3:01 AM ET - Skippack, PA
The paper mill on flood-prone Flat Rock Road in Manayunk, one of the oldest industrial sites in Philadelphia, has changed owners at least half a dozen times since the 1970s. It's facing yet another reorganization. Current owner…

Documents shed light on pitfalls of China audits.
Monday, September 26, 2011, 12:00 AM ET - Washington, DC
WASHINGTON, Sept 26 (Reuters) - When Michael Marks and John Wang stepped off the board of directors of Jiangbo Pharmaceuticals JGBO.O in June, they said goodbye to the Chinese company with a 23-page resignation letter complaining of months…

China Earnings Recap, June 2, 2011
Thursday, June 2, 2011, 12:15 PM ET -
Below is a recap of some latest Chinese company earnings compared to estimates and prior period, with links to their commentaries or releases. Note: This list may be updated throughout the day, up to and including the guidance comments! Most Recent Quarterly Earnings for…

GeoTeam Responds to SCEI Intentions to Take Legal Actions Against GeoInvesting
Thursday, May 5, 2011, 11:35 AM ET -
Dear GeoInvesting Members,This morning Sino Clean Energy (“SCEI”) announced that it intends to bring legal action against GeoInvesting for what it claims to be malicious and fraudulent attacks on SCEI which were alleged to be orchestrated and conducted by or on behalf of other short…

New Energy Systems (NEWN) - GeoTeam Furthers its Investigation into Kim fai Shareholders
Tuesday, April 5, 2011, 12:00 AM ET -
Excerpt from New Energy Systems 4th quarter 2010 conference call: Dan Lavine: Oh, congratulations on a great quarter and year. I am new to your story and hold a small position, but would like to add at current prices…

GeoTeam's Response to Latest YONG Hit Piece
Wednesday, March 23, 2011, 2:30 PM ET -
This morning's Seeking Alpha article by Ian Bezek outlined various issues contained in YONG’s 2010 10-K. This is one of many articles that have questioned the legitimacy of YONG’s business. YONG is a company we had been quite cautious of in the past…

Profit from Capitulation
Wednesday, March 16, 2011, 3:00 PM ET -
A reversal in extreme negative market sentiment requires a defining moment that can cause investors to act irrationally or just give up.Well, capitulation may have finally arrived. Whether you believe if the CCME saga was an example of “innocent before proven guilty” or “guilty…

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