Do I need to spell it out? Iam very sure XPD (XiPanDeng) is...

Do I need to spell it out?


Iam very sure XPD (XiPanDeng) is currently under investigation by the ASX and ASIC.

ASX probably sent them a couple of questions and they just ignore it and didn’t bother reply.


Looks like Mejority will be pushing for a court case, shareholders class action.


Don’t underestimate ASIC. They can bite


I’ve research 2 similar fraudulent case from China


1) Hanlong group (Sundance). The executive got 8 years jail for insider trading… He went into hiding in China, but then as soon as he cross over to Hong Kong he was extradited to Australia and is currently serving his sentence in an Australian jail. This is before the AFP & Chinese police sign an agreement, now with this agreement I suppose AFP could request extradition from China directly.


2) Sino oil & gas, Australian court ban the CEO from running a company for 20 years, lets wait and see if they could enforce confiscating the CEO’s asset in China to pay shareholders here in Australia. If that happens, XPD shareholders should have no problem repatriating the company’s asset back to Australia… Chinese police need Australian police assistance for their high profile “fox hunt”. Lets see if the Chinese return the favour and assist the AFP in hunting down these lowly fraudulent flies.