stock ticker: CHBT

Yesterday, DYP and DGW were the number 1 and 2 losers in the market declining 54% and 41% respectively.  This only shows the fragility and lack of transparency that exists with small cap Chinese companies.  Citron will prove that China Biotics does not just lack transparency, but rather it is an outright fraud

Citron Research has been writing about stock fraud for over 9 years.  In that time, we uncovered numerous frauds that have subsequently been delisted and management charged by the SEC.  Yes, we have made mistakes in the past, as have even the best researchers, but we have NEVER been wrong about a fraud. (more…)