I agree never to trust anything Chinese again. Thankfully there is a lot of water to go under the bridge first on this one, and auditors to sue. At the very worst in China, people endup in front of a firing squad if worst fears affirmed (not implying anything towards XPD past or current directors just noting legal accountability in China).
Is a person going to throw their entire business which they spent their life building away? And their lives potentially? Or 30 years in a miserable Chinese cell? I doubt it. But I'd believe it. I think 10c and 20c might be a way off. Or, maybe they will be closer now
We need a new board (obviously)
XPD Price at posting:
3.3¢ Sentiment: None Disclosure: Held
