Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Auditors Crowe Horwath Associates have performed the local audit for five China AIM casino companies and at three we have already seen wholesale fraud as purported cash balances either were made to disappear or never existed at all. The Financial Reporting Council, FCA and the oxymoron that is AIM Regulation need to act NOW and shares in Camkids (CAMK), Jiasen (JSI), and Asia Ceramics (ACHP) must be suspended at once.
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Comments
RAF118
Tom – are you actually going on sabbatical??
Tom Winnifrith
Today a non book day as with dad – knocked out a few articles while he went to church and now seems delayed at pub.
Phil
People will always do what they want to do, and nine times out of ten they will want to do what they do best
RAF118
Phil – I’m addicted to reading Tom’s work, but feel guilty in doing so!