Is the registration system more like approved illegal fundraising? A garbage company, in order to go public to make money, so the financial fraud, make many years of beautiful income and profits. Then find a sponsor broker at a high price, and after the brokerage's ordering and packaging, it will become a leading company in the industry. Garbage companies and brokerages have taken down some of the regulators through sugar-coated shells and successfully obtained listing passes. In order to get more issuance fees, brokerages directly increased the stock issuance price by 10 times, because they have reached agreements with some funds and institutions in private, and there is also a group of greedy little leeks, so they don't worry about selling. Although the garbage company listed a lot of money, the purpose is to enter the personal pocket, so the stock in the hand is smoothly exchanged for a huge amount of money through financing, mortgage and other methods. After all, the garbage company is garbage, the next year's financial report does not dare to fake, the filling is exposed, the profit becomes negative, the stock price has fallen sharply, and the stock price has fallen from the day of listing, the little leek has suffered heavy losses, and the people have also suffered heavy losses...
This article is only for some junk companies that have gone public through fraud.
