Sino Clean Energy Lied in an 8-K to Conceal its Dongguan Fraud

Yesterday, the NASDAQ halted trading in Sino Clean Energy (SCEI) until the company “fully satisfied NASDAQ’s request for additional information.”  I applaud the NASDAQ’s decision and hope this is the beginning of the end of SCEI Chairman Baowen Ren’s massive fraud against both U.S. and Chinese investors that I exhaustively reported here, here, here, here, here, here and here (complete report) using the pseudonym “Alfred Little” from April to June 2011.  In today’s report I will show the reasons SCEI was halted and explain the latest egregious fraud perpetrated by SCEI’s Chairman Baowen Ren against his shareholders. 


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Glenn Chan's Random Notes on Investing

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