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Tuesday, October 02, 2007

China Expert Technologies (CXTI) trading suspended

I just noticed this over at Microcap Speculator. It seems the SEC has suspended trading in CXTI stock (combined links) due to "questions that have been raised about the accuracy and adequacy of publicly-disseminated information concerning, among other things, China Expert's: (1) financial performance and business prospects and (2) current financial condition."

Wow, that's serious stuff. I would NOT want to be holding onto any stock ("just about the finest outhouse wallpaper you've ever seen!") right now.

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