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http://www.swongcpa.com/front/about/index
are they bribing the auditors?
shuffling money to friends and
family?
and what about HOGS?
from the yahoo! message board
When it comes to investing in China RTOs, there is simply no substitute for on
the ground DD. Some of the OTGDDs are fairy easy to carry out, HOGS is one
such case. Assuming company is telling the truth, all you need to do is to
follow the company list and locate the shop and take a photo, that’s exactly
what I asked my investigator to do.
I’ve chosen Anyang city because it has been scouted by CER street by street,
have chosen 20 CONSECUTIVE stores on Zhongpin’s list to show that I won’t
mark the bullseye after the shot. They are list item 151 – 171 on Zhongpin’s
list (http://zpfood.com/stores.html), excluding nr. 153, which is in a county,
not in the city.
I HAVE FOUND 17 OUT OF 20 STORES! The pictures are here
next class
Introduction to Portfolio Management
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