July 8, 2020
Reasons for signing
See why other supporters are signing, why this petition is important to them, and share your reason for signing (this will mean a lot to the starter of the petition).
Jamie Miller
Lukin Coffee x10
Come on SEC, get your act together Is there a conflict of interest at the SEC for not enforcing action on GSX despite all of the evidence? Stop this madness already You've had months and now it's getting out of control
jack zeng
updated report and bot analysis: https://t.co/UpO9OpoLCu?amp=1
Chris Mirble
There are now 14 independent reports covering the fraud of a Chinese company, GSX. Read them. You'll immediately see how obvious of a fake company this is.
As if that wasn't enough, the company insiders are inflating the price of the stock, destroying Americans' life savings and transferring it to the hands of these morally corrupt Chinese executives.
SEC -- PLEASE HELP IMMEDIATELY
- Identify who is pumping the stock and stop brokerages from executing their trades.
- Better yet, halt trading altogether as you launch an investigation.
- Even better yet, DELIST GSX There is more than adequate evidence to make your case.
- Ask GSX CEO Larry Chen to testify under oath.
ZHANG CHEN
A fraudulent subsidiary should not be listed in the United States.
Sean Newman
Given the multiple, thoroughly researched reports - all offering detailed evidence - and all drawing the same conclusions - it would be highly unlikely this firm is legitimate.
US investors have been subjected to humiliating losses for over a decade in US listed Chinese frauds. It has long since been time for this to end - the White House Congress need to act.
Solutions are not complicated. Start with thorough investigation of frauds.
Billions of dollars of retail investor money is lost so that a handful of investment banks audit firms can earn millions in fees. It needs to be stopped.
William Abbate
The NYSE, NASDAQ, the investment banks taking these frauds public, and the SEC are putting profits ahead of the well-being of American investors who are being fleeced and defrauded of their hard-earned money by frauds like Luckin Coffee, GSX Tech-Edu, etc. This advanced practice of "stealing" money by issuing fraudulent financials, press releases, etc MUST STOP At a bare minimum, GSX should be halted and have to concede to a forensic audit. There are at least a dozen reports out from different institutions calling out GSX as a fraud. Where there is smoke, there is definitely fire. Do your job SEC and stop this rampant theft and fraud.
Simon Wood
A simple showing off the VAT Tax Receipt or Tax Completion Certificate will gauge the real revenue range and prove GSX's innocence.
But GSX cannot provide as simple as that because IT IS A COMPLETE FRAUD
Simon Wood
A new research report issued last night which solidifies the fraud accusation of GSX:
https://twitter.com/ResearchGrizzly/status/1280196595884216320
These research reports have provided sufficient circumstantial evidence for the SEC to launch a formal investigation, and at the same time, the trading of GSX should be halted by the SEC to prevent further damages to the U.S investors.
Stachyra Karol
I urge the SEC to delist GSX Don't let them run away from justice
I support Carson Block, Andrew Left and Grizzly Research to fight Chinese frauds.
Larry Xiangdong #21521#19996 Chen #38472
As an European investor, I am here to voice my support for Grizzly Research, Muddy Water Research, Citron Research, and many Chinese local research firms' effort of exposing the fraud of GSX. GSX is a lot more than a fraud. It is also highly likely involved criminal activities such as money laundry, wire fraud, and identity theft. Therefore, I strongly urge the U.S SEC to take immediate action to de-list GSX from NYSE and work closely with the FBI protect the law and order of the civilized world from being tarnished by foreign fraudsters and criminals.