Wirecard: audited by EY Luckin Coffee: audited by EY Stagecoach: audited by EY NMC Health: audited by EY SinoForest: audited by EY ....anEYone noticing a pattern here?

@daveselbow9128

2 жыл бұрын

maybEY

@harmhoeks5996

2 жыл бұрын

You don't sEY

@paulgee8253

2 жыл бұрын

Price Waterhouse must have thought all those red flags around Evergrande was a Communist May Day parade.

@stevensmith8876

2 жыл бұрын

@@paulgee8253 haha well done👍

@stefanwolf8558

2 жыл бұрын

For rEYL?

"EY didn't have resources to send a person on field visit to China" ...So they didn't even have 10$ to ask someone in their china office to take a bus and look at the registered office???!!

@admiralackbar4652

2 жыл бұрын

Uh? NOPE

@duncanhamilton5841

2 жыл бұрын

This is EY we're talking about here. They're more than capable of "missing" important facts on audits conducted entirely in country.

@9regorio

2 жыл бұрын

EY just a month ago admitted that employees had been cheating on their cpa exams for years and of all the sections, they cheated on the ethics section! 😂

Who would have thought a company called sino-forest would be a scam? Inconceivable!

@Evan-yv7rn

2 жыл бұрын

"You keep using that word. I do not think it means what you think it means" ~Inigo Montoya

@tomlxyz

2 жыл бұрын

The name is similar to Bank of America, just location + business

@jamesworley2674

2 жыл бұрын

Sino means Chinese, as in Chinese-forest

@usernamenotfound007

2 жыл бұрын

See, no forest.

@byakugozen8334

2 жыл бұрын

@@usernamenotfound007 shit..i just realize that 🤣

As a retired CPA, I am embarrassed at the incompetence of large prestigious CPA firms. They got paid millions for 10 years. They claimed ignorance.

@wnose

2 жыл бұрын

It's staggering that they didn't even do a simple field count.

@adamcylee

7 ай бұрын

@@wnose They didn't want to. That will spoil the fun and the audit fees. As some (or all) audit firms insist : we are not in there to catch thieves!

I'm genuinely impressed people actually fell for this, it almost makes me jealous I couldn't come up with a scam this good.

@michaelepp6212

2 жыл бұрын

The people fell, the trees didn't.

@alfiey5783

2 жыл бұрын

What a sad world we live in to be jealous of this.

@zenoblues7787

2 жыл бұрын

@@alfiey5783 It's not so much I'm jealous of them scamming people but the scale and success of the scam itself. I know there's absolutely no way I would ever be able to do anything close to this even if I tried.

@alfiey5783

2 жыл бұрын

@@zenoblues7787 haha yeah dont worry i get it. But you know most scammers dont even start out with the intent to scam it just happens that way. The situation arises where you decide to take the deep breath and go for it or you dont and live the normal life. Thats what going to determine who you will truly be.

@jingjing8560

2 жыл бұрын

U think you are smarter than the hedge fund manager?

At this point, I don’t think I’ll ever invest in Chinese securities. Just too dodgy and regulation can plummet companies within China almost overnight. Funny though how CCP doesn’t seem to care that much when Western investors are defrauded.

@babybarca6800

2 жыл бұрын

because its the ccp stealing the money !

@logicxhardcorex

2 жыл бұрын

we need to get rid of the communists before they take over the world

@boxingmotoman

2 жыл бұрын

Legally you own nothing. That is the basic premise you just hold a lease on it for a certain amount of time. Even homeowners only have a 70 year lease on home purchases. In a country where foreign ownership is non existent why are people so greedy for a taste?

@mikeshoults4155

2 жыл бұрын

Yeah, everyone pitches China as a good investment, throwing around all these impressive "numbers" But they are just that, "numbers" it's all fake. There really isn't anything there.

@tribalypredisposed

2 жыл бұрын

@@boxingmotoman I missed the huge run-up in Nio stock because I read an article explaining that the stock appeared to give one a percentage ownership in an offshore holding company that might own the rights to the Nio name, or maybe not, and nothing else. Nio doesn't own their factories and the IP is owned by a regional government... But man I could have made a lot of money buying Nio at $2 and watching my fake stock run higher...

Simple don’t buy Chinese stocks

@Leoappeared

2 жыл бұрын

you can buy enron or tesla or wirecard instead :D

@leonmozambique533

2 жыл бұрын

Do

@daveselbow9128

2 жыл бұрын

Great a poor person chimes in with advice

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Who wasn't suprised to see American investors defrauded by a Chinese company?

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

@kendellfriend5558

2 жыл бұрын

It’s not that they’re chinese. It’s who their auditors are. There have been more western frauds due to greed than there have been Chinese ones. White collar offenses in China can get you the death penalty.

@El-Ge

2 жыл бұрын

It shows who is smarter and who is stupider.

I guarantee you that one of the most effective ways to find out if a Chinese company is fake or not is to look for their headquarters or physical locations just as Carson did.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

@amitkerai4880

2 жыл бұрын

@@user-pn9qs2yk2b can you send me some money for investment advice.

Everyone wanted a piece of the Chinese pie, but who know the whole pie was a ponzie scheme 😂

@MilitaryAV

2 жыл бұрын

yep ONLY china

@MilitaryAV

2 жыл бұрын

laughs in Madoff

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

Your consistency is UNMATCHED! Keep em coming 👍🏽

@wallstreetmillennial

2 жыл бұрын

Thank you! Will do!

Lol, you are investing hundreds of millions $, but can't afford to send auditors in China?

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

@thevinceberry

2 жыл бұрын

You can't, even you got people in they can just make a bunch of fake inventory before your visit. Looks at Caterpillar, they bought some Chinese shell company

@allisononyoutube5794

2 жыл бұрын

THAT PART ‼️

It takes more than a few years to grow a sapling to a tree you can get lumber from. That should have been a red flag right off the bat.

@vangelisgru7271

2 жыл бұрын

25plans lol

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

@shawn576

2 жыл бұрын

It would also be prohibitively expensive to buy and replant saplings. Real forest companies plant seeds all over the place and hope for the best.

Does EY actually do audits anymore? Every major shitter in accounting is EY. Wirecard, Evergrand, Sino. If I see EY on any finacial statement il run.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

@vanessali1365

2 жыл бұрын

Obviously NOT

@138shreyshekhar2

2 жыл бұрын

India's satyam company scam was also audited by EY 😂

Toronto...really? Canada is second in the world lumber market, you should have known better.

@manhoosnick

2 жыл бұрын

Cobbler often wears torn shoe.

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

Asset that can make you rich Bitcoin Stocks Real estate

@wilsonluiz967

2 жыл бұрын

You’re right , it’s obvious a lot of people remain poor due to ignorance, it’s better to take risks and make sacrifices than to remain poor

@jacobvick7054

2 жыл бұрын

@@wilsonluiz967 It’s not ignorance but due to some unprofessional broker in the market

@rachelmicheal898

2 жыл бұрын

@Eric Scott Same here , I wish I knew about this bitcoin trading earlier, brace up and get yourself some bitcoin before it’s too late

@eviecharles7365

2 жыл бұрын

@@rachelmicheal898 Obviously trading in bitcoin is very volatile and risky to trade that’s the reason most traders trade with a company

@rachelmicheal898

2 жыл бұрын

@@eviecharles7365 Learn and trade under a guide I do same and I hardly make losses in the market

I don’t get why people wouldn’t invest in SPACs or RTOs, swear the only reason these exist is to avoid proper scrutiny which is an immediate red flag?!

@toddfarkman2177

2 жыл бұрын

Yep. It reminds me of gambling. They're always coming up with a new fangled way to play poker. Like Flip or Flop, or whatever. It's the same with investing, they keep coming up with goofy ways to invest. In addition to SPACs and RTO, and BTC, they now have NFTs which I've coined "New Fangled Tulips", where you invest in a piece of artwork....as if owning art before wasn't a giant scam, now you can get crowd investment to get suckered in.

@HansLasser

2 жыл бұрын

@@toddfarkman2177 nice name for NFT

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

@pdorism

2 жыл бұрын

You mean, why people would invest

Timber stock trees 🌲 must grow for many more than a few years.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

@vanessali1365

2 жыл бұрын

Everyone knows this except the guys in the stock-exchange 😂

who says money doesn't grow on a virtual tree.

@trapsarentgay4195

2 жыл бұрын

No one

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

The logic in this investment is so questionable. Does anyone even understand how commercial forestry and logging even works?! That aside, time and time again, never invest in Chinese businesses and ban them all from registering overseas stock markets. The simple explanation for this is their accounting data can’t not be verified and they have a history of defrauding investors. When will these people learn?

@jmshwood2801

2 жыл бұрын

Very good points, you nailed it well! Such logical thoughts! People never learned, they are impressed with the economic development of the scheming Communist China, praising it to high heavens . . Such an irony .

Excellent content Millennial! Keep up the great work.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

chinese growing economy is ajoke.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Anyone investing in Chinese companies in this political climate, is akin to Wall St investing in German stocks in 1939. Basically you are betting on China winning WWIII, and not only is it disloyal to your country, it is also extremely risky.

@ihmpall

2 жыл бұрын

It’s only a free market when it benefits me right

@haroon420

2 жыл бұрын

No. What they’re doing is investing and hoping that economics ties avert ww3 which would be a disaster. Companies with significant investments in the opposite countries would push their lobbyists to stop war. War is only good for a few industries.

It does make sense that a tree farm would buy young trees from another farm. There are many nurseries where the sole business is taking a tree from seedling to a 1 or 2 year old tree. The reason is because that process is very specialized and intensive but also requires much less land than a mature tree farm. Also, a farm that is raising trees for the timber does not need to buy new trees all the often and the turn around time is very long. So they may not want to take the time of raising the tree from a seedling which is expensive and time consuming when then can just buy a tree from a nursery.

An excellent and informative blog.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Lesson here is very simple: DO NOT INVEST IN CHINESE STOCKS.

EY operating out of Canada is not an excuse for not getting better quality evidence for the existence of trees. They can fly their staff out to China to inspect the trees, ownership documents, and offices. Maybe the examples I listed here aren't viable for whatever reason or leave room for fraud. However, I'm not in a position where I claim to have provided audit level assurance over the financial statements. The partners or senior managers/managers should have gotten creative as to how they could verify the existence and ownership of the trees. It is simply their incompetence, laziness, and cheapness that resulted in their inability to identify this fraud.

You wouldn't even need to send auditors to China; you can easily hire accountants (or forestry experts, or private investigators, or journalists) in China. Cheaply.

@theobserver3753

2 жыл бұрын

You want chinese investigators to investigate a chinese company? lol and you expect them to tell the truth? At this point you can’t trust anything they say.

Good report. There are lots of scams going on in the stock market but most fly under the regulatory radar. "Aggressive accounting", inflated sales, you name it. Even getting audited doesn't really help because the auditors are paid by the company they are auditing so there is an inherent conflict of interest there.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

I remember when a 10' section of Sitka Spruce would sell for $10,000 or thereabouts, depending upon the quality.

Everyone wants a slice of the non-existent Chinese pie...

Pretty crazy how elaborate it was. Gotta give credit where it's due.... That is impressive

u all missunderdtand the owner of this company, when he say "Trees", he means "Stock market".

Between Scams and Magical Accounting... It is hard to invest in Chinese stocks.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@MrZoomZone

2 жыл бұрын

All accounting is smoke-and-mirrors.

Allen Chan explained his business model to me and a fund manager back in 1998. While the fund manager “got it” (he was my client, Allen Chan had asked me to find him an investor willing to subscribe for HK$50M worth of new shares in the Canada listed company) and was very eager to put in the fund’s money, I totally didn’t get it 😆

Blame the auditors that gave the accounts the thumbs up. If I was Paulson I'd sue them for my $720m loss.

This really tells us importance of Auditing of companies.

Wasn't it impossible to do due diligence on Wirecard because they covered it up so well? They got the German SEC to prosecute someone for trying to blow the whistle on them.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

Not to be outdone PWC upped the ante on EY with their oversight of Evergrande.

You should do a report on Split Share companies like DFN on the TSX these are Ponzie schemes for sure. They have high dividend payouts but they have to keep issuing new equity to pay the existing shareholder dividends.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

Do you have sources for this video?

Lmao the title is funniest thing ever

You are right. The business model and ideology sounds credible when you think about it, but the way it was done without an inventory to start with is what killed the business. If i were the founder, i would have started the business from day one with a considerable large number of logs before buying up hectares for future business investment. I would also draw my attention to waste wood chipings produced in factories all over China which we all know has a good future in the recycling industry. New things can be produced from these...

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

I first started investing around 2013 and I remember seeing this company on the TSX under the ticker TRE. Without even looking at numbers, it looked like a fake company. If you start a car company with the ticker CAR, I'm going to assume your company is some kind of scam. The supposed business model of just growing trees is actually not that crazy Western Forest Products is a legitimate company in Canada that does the same thing. It has real profits, pays real dividends, and I did quite well by investing in it.

Many years ago... early 1980's, walked into the Lower Light hotel with my now late dad, for dinner. On the walls of the bar, there were many posters of chimpanzees dressed in different clothing, doing different things. One poster showed the image of a chimp in a 3 piece suit, sitting behind a desk that had paperwork falling off of it, along with an old style one arm bandit adding machine, with paper printout. The caption that was underneath? "I'm not cooking the books... I call it 'Creative Accounting'!"

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

16 years :o nobody looked into the company. So lame

About 2:30 From what you explained so far I disagree they don't provide any value - they provide land to grow tree plus I assume they are the one taking care of the growing. My bigger concern would be the steep growth at 3:20 as I wouldnot expect big margins from such operations (basicly just farm-land renting)

Ernst & Young - the same Company that didn´t find out that Wirecard was a fraud.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

When scammer mentality meet greedy mindset...:(

There really isn't a sawmill industry in China. At least not like there is in Canada and the US. Most of the wood they get comes from Russia where there are vast forests.

Negligent? Yeah. Especially in hindsight. However being publicly traded.and having Ernst and Young validatng the numbers, seemed legit. Putting a billion without putting eyes on the biz? Definitely a problem.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

hows this different from NFT & shit or memecoins?

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

Looks good on paper & projection.

MY GOD!!!!! $720m?!!!! What on God’s green earth was he or not thinking? If it was green, there was clearly none- money nor trees SMH!!! Man!! That was some straight up Madoff stuff right there! Sir, could you please make a thorough video on how to do due diligence on a penny stock or stocks for that matter so beginning traders don’t get burned, like dude did? That would be awesome. Thank you.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

I don't think you understand the roles of auditors. Carson Block frequently makes the same point that auditors exist to make sure GAAP standards are properly applied, and not to be a bulwark against frauds. Wirecard were also audited by a big four firm (EY) and people were correctly calling it out as a fraud for years on end.

@davidjma7226

2 жыл бұрын

Yes. Common sense is not that common amongst the big four accounting firms is it? They seem blinded by the enormous fees charged for what is a statutory requirement! They put their juniors on it with minimal supervision and hide behind the 'going concern' provision if anyone asks any pesky questions. Remember that Evergrande was audited only six months ago......ooops!

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

Waiting for the video on LTCM

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Idk why I love the background music. Makes the videos that much better

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

You can't expect western accounting and due diligence standards within the border of China, where western rules doesn't apply and prevalent corrupt government officials means usually only crooked businessman can be competitive. Unfortunely, the ordinary Chinese that got hurt the most. You can see this in the Shanghai Stock index, basically just up and down, each wave of retail investor trying out the stock market only to be wiped out, so the index been going side ways for 30 years.

You know Allen Chan is a scam name also

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Wow, what a plan..

its like the TULIP mania in Holland that happened in Holland,

Amazing. Making $5 billion out of nothing.

No audit & able to list on IPO? No field visit & research to verified.

Lucid air is pretty much the same thing.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

There are 2 pts. I got from this story; 1 - karma is a b!tch for the hedge fund sector (a bunch of leeches in society) and 2 - Chinese companies are laughing at how dumb investors are and they are shouting keep coming. 😆

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

I would be say this business model is over value, in same business model like plantation its "profit" is too over value, because when you do this model you need 5-10 years to get profit. Because i am also doing side business like these. Other side there is some regulator, "Tax" will not easy thing to because it need to report every years. We do an analytical predict value to pay Tax,meaning sometime PROFITABLE, sometime TIGhT Margin.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

Of course with all things chinese, this idea isn't original either. There was a brazilian firm 7 years ago that claimed to be saving rainforests by buying up trees.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

Buying trees is not unusual. In fact many trees need to come from other farmers - like apple trees are pretty much all grafted trees that come from long lineage

So your saying the couldn't tell the wood from the trees ;)

I don't even deal in the Chinese cryptos, the reach of the Party is too far. and some of them are good projects. but look how they reeled in poor little Jack Ma. he was an innovator. now he has lost the pep to his step. Personally I give China's economy very little latitude, but I do need to buy some things that they make.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

They should’ve offered staking. See no forest, hear no forest. 😂

Here they go again. Crooks.

Is there ANY Chinese company that is not based on fraud ?

Rarely if ever, is short seller Muddy Waters wrong..

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

trees take more than a few years to mature... try decades

Let’s stop calling the duped investors “sophisticated investors.” If they are investing hundreds of millions of dollars, it’s stupid for them to just accept everything the crooks are saying at face value.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

OH ! I own a bunch of bricks that are currently all in stacks in China making a wall almost. they are for sale just go get them.

Another way to avoid investing in a fraud is to not invest in Fisker.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

I dont feel bad for those who got attacked by feeding the monster.

To avoid fraudulent stocks, avoid Chinese stocks, seems to be the easiest model to adopt.

Psh I'll sell you my tree in my backyard 😂🤣

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Wait till the tide reside and see those without shorts.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

EY......again. it wouldn't be a scandal without EY, PWC and the other two big accounting firms!

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)..

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍..

Damn 16 years

Their logo is a face palm

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable),

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍,

Bernie Madoff lives everywhere. Do you have any shares of the Brooklyn Bridge?

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

You would think, smart guy with billions, check out if its genuine first? Greed is karma

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

@davidstephens4763

2 жыл бұрын

@@user-pn9qs2yk2b he didnt only introduce greed and, the power of money, regardless what nation you from, but I'm not him, and if I had billions, I disappear

@user-pn9qs2yk2b

2 жыл бұрын

@@davidstephens4763 contact me directly for more details

He more or less got away with it.

Is ey Ernst & Young?

in a few years the baby trees will be harvested? lol, it takes at least 10 to 20 years

How do you get to be *that* rich, only to be *that* stupid? You don't. Something tells me that this is Karma. And, *nobody* escapes *that* !

lol... luckin version in 1995

NIO leading ev by contracting VW subsidiary to make all their cars are similar strategy.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

It’s always easy to tell clueless Canadians u got a whole forest. Half d world 🌎 away. They’re unlikely to fly 🪰 over n check

If anyone use Ernest and Young, don't invest in them.

This is why i dont trust guys in finance because sure they can valuate a company but that's nothing if companies are releasing false balance sheets

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable).

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍.

"Sophisticated Investors" are just more greedy Investors. That's All. It's all gambling.

It is always E&Y

Canada forest quantity: 347 million hectares China forest quantity: 206,861,000 ha

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍

I bet a lot of trees from China come from Burma, now Burma mountains are bold. China don't even leave a root when they pull trees from other countries.

@user-pn9qs2yk2b

2 жыл бұрын

Lemme introduce something extraordinary to you (profitable)

@user-pn9qs2yk2b

2 жыл бұрын

📞✞︎① ⑨①⑥⑥④⑦⑧④⑤③✍︎✍