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Thread: Some more on Moulin........................

  1. #1
    Manuf. Lens Surface Treatments
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    Blue Jumper Some more on Moulin........................

    HONG KONG--Financially ailing Moulin Global Eyecare will be investigated by the Securities and Futures Commission here, according to reports last week in the local press. The commission reportedly plans to investigate whether Moulin executives manipulated the company’s stock price in the months before its financial collapse, looking into whether company executives sought to elevate the share price to help fund-raising efforts, even though they knew Moulin’s finances were rapidly deteriorating.

  2. #2
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    Chris, do you have any articles on what went wrong at Sight Resource? As well, give me your own thoughts on why they went bankrupt.

  3. #3
    Manuf. Lens Surface Treatments
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    Big Smile Old hat..........................

    Quote Originally Posted by Jason Carruthers
    Chris, do you have any articles on what went wrong at Sight Resource? As well, give me your own thoughts on why they went bankrupt.
    The old story is repeating itself periodically.

    Expansion..........getting bigger...............at increased pace and speed............getting short on cash...........then getting indigestion.......throw in some corruption............try to cure it by juggling the books and they got caught doing it.

    I saved some articles on my website under news items. See at: http://optochemicals.com/news_item.htm

  4. #4
    Master OptiBoarder Cindy Hamlin's Avatar
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    Quote Originally Posted by Chris Ryser
    HONG KONG--Financially ailing Moulin Global Eyecare will be investigated by the Securities and Futures Commission here, according to reports last week in the local press. The commission reportedly plans to investigate whether Moulin executives manipulated the company’s stock price in the months before its financial collapse, looking into whether company executives sought to elevate the share price to help fund-raising efforts, even though they knew Moulin’s finances were rapidly deteriorating.
    Chris,
    Where do you get this information? I am not able to find it by googling. I am curious to the sites you use to get this information.
    ~Cindy

    "If you can't be a good example, then you'll just have to be a horrible warning." -Catherine Aird-

  5. #5
    Forever Liz's Dad Steve Machol's Avatar
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    Chris, please see this Announcement:

    http://www.optiboard.com/forums/showthread.php?t=13372

    Thanks!


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