<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Glenn Chan&#039;s Random Notes on Investing]]></provider_name><provider_url><![CDATA[https://glennchan.wordpress.com]]></provider_url><author_name><![CDATA[GlennC]]></author_name><author_url><![CDATA[https://glennchan.wordpress.com/author/glennchan/]]></author_url><title><![CDATA[SkyPeople Fruit Juice&nbsp;(SPU)]]></title><type><![CDATA[link]]></type><html><![CDATA[<p>SPU is the company that led me towards Equisolve and <a title="Learn how to run a pump and dump" href="https://glennchan.wordpress.com/2014/03/22/learn-how-to-run-a-pump-and-dump/">developing a better understanding about how pump and dumps work</a>.  <em>*Disclaimer: I am not saying that Equisolve caters to pump and dumps.  Maybe they do, maybe they don&#8217;t.  You should form your own opinion based on your own research.</em></p>
<p>The domain registration for skypeoplefruitjuice.com shows contact information for Mark Lazatin at CCG Investor Relations.  (Not that this matters, but <a href="http://www.linkedin.com/pub/mark-lazatin/21/66a/53">LinkedIn</a> and <a href="http://t2techgroup.com/why-t2/team/mark-lazatin/">his new employer&#8217;s website</a> suggests that he has moved to a new job.)  The domain registration suggests to me that CCG built SkyPeople&#8217;s website and controls the domain registration.  It so happens that many Chinese reverse merger frauds retained CCG for investor relations services before they blew up.  While I don&#8217;t believe that &#8216;guilt by association&#8217; is evidence of fraud, it is a red flag in my opinion.</p>
<p>I find it interesting that other people are on the fence about whether or not the company might be a fraud.  Investingsidekick.com <a href="http://investingsidekick.com/sky-people-fraud-nasdaqspu/">has an interesting blog post on the company</a>.</p>
<p><em>*Disclosure:  No position.  I am not saying that the company is a fraud and I don&#8217;t know for sure if it&#8217;s a fraud or not.  I have not done much research into this company.<br />
</em></p>
<p>EDIT (3/26/2014):  Roddy Boyd has an <a href="http://www.thefinancialinvestigator.com/?p=607">interesting piece of journalism on SPU</a>.  It covers Absaroka Capital&#8217;s attack on the company and the legal battle between the two parties.</p>
]]></html></oembed>