Webmaster network daily broadcast the proliferation of MLM sites to withdraw the listing of the Shen

MLM website why forbidden and endless: report forensics difficult

a month to find two people to join, after a year of at least $500 thousand in monthly income, buy back to one thousand, spend ten thousand to get ten thousand"…… A group claiming to be "electronic commerce" website, the name of this attractive advertisement but who knows these sites a whoop and a holler, may do is MLM business. Anti MLM volunteers believe that this pyramid approach is not only more deceptive, but also more difficult to investigate. China Youth Daily reporter even found that a company had been suspected of MLM sites have been investigated, the business is booming".

according to the number of suspected MLM website is located in Jinhua City Industrial and commercial department staff told reporters that many 100% rebate sites declared return type, are returned by installments, the existence of the time difference and many uncertainties, Jinhua Industrial and Commercial Bureau had violated the "advertisement law" on the basis of order rectification, but no progress for the investigation of suspected pyramid. Jinhua Industrial and Commercial Bureau staff said that the existing laws on 1000 shopping websites and forensics is very difficult, "we see this website for a long time, because it is not real, the law is difficult to qualitative for MLM, only to remind people not to participate in common."

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MLM website why forbidden and endless: report forensics difficult

China auto rental announced the withdrawal of NASDAQ listing application

May 24th morning news, China auto rental to the U.S. Securities and Exchange Commission (SEC) submitted the latest documents show that the company decided to withdraw the NASDAQ listing application, the future launch date yet, China auto rental for the first time in January 18, 2012 to submit the F1 documents listed in the u.s.. In January 18th this year, China auto rental submitted to the SEC F1 file listing application to the United States, will issue 11 million shares of American Depositary Shares (ADS), each ADS is equivalent to 4 ordinary shares, the issue price range of $-12.5 $is tentatively scheduled for 10.5, China auto rental the IPO expects the maximum financing $158 million, the stock code is CARH.

in accordance with the plan, China auto rental was set on the same day in April 25th on the Nasdaq market, but the company announced the impact of the capital market conditions, that the company’s value has not been properly reflected, decided to suspend the IPO. Today, China’s car rental to the SEC submitted the latest documents to apply for revocation of the IPO, the date of the future pending. China’s car rental companies have the same situation as well as thunder.

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China auto rental announced the withdrawal of NASDAQ listing application  

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