A*L Prepares to Publish New Reports in 2013

A*L will soon begin publishing new investment ideas, both long and short, that we expect will extend our unequalled track record in 2013.

This decision follows from our great success exposing fraud and corruption in China in 2012, a terrifying but remarkable year, highlighted as follows:

1. Our Investment Opinions on Trial

In 2011, Deer Consumer Products (“DEER”), Sino Clean Energy (“SCEI”) and Silvercorp Metals (“SVM”) banded together to sue A*L for allegedly defaming them.  In 2012, A*L won all three lawsuits after the New York Supreme Court strongly upheld our First Amendment free speech right to share our investment opinion.

2. Investment Analysts Illegally Arrested in China

In 2011, Silvercorp Metals (“SVM”) filed a complaint about A*L’s reports with local police in the mining town of Luoyang, China.  In response, the Luoyang police hunted down and illegally arrested investment analysts suspected of providing research services to A*L.  The police threatened the analysts to stop conducting any more research into SVM.  One analyst, Kun Huang, is still in prison, despite not being charged with any crime (see his supporters’ website http://www.publiccompanyprisoner.org)

3. Chinese Police Retaliation was Funded by Silvercorp

In September 2012, The Globe and Mail published a special report confirming evidence that SVM funded the Luoyang police investigation and illegal arrests of investment analysts in China.  The Royal Canadian Mounted Police commenced a criminal investigation of SVM’s illegal payments that funded the cost of the retaliatory and corrupt Chinese police action.

We view 2012 as the year that Chinese companies’ management learned the hard way that the use of frivolous lawsuits, threats, kidnappings, physical violence, illegal arrests, and corruption to silence their critics would ultimately fail.

Consider the complete failure of the three companies that together attempted to silence A*L:

1. SCEI was delisted by the NASDAQ after A*L blew the whistle that SCEI was only producing a tiny fraction of the coal slurry it claimed.
2. DEER is in the process of being delisted by NASDAQ after A*L found that DEER’s factories were almost completely idled for much of 2012.
3. SVM now faces a class action lawsuit by shareholders angry over management’s dramatically lowered grades and resources of its key Ying (SGX) mine, supporting the core arguments of A*L’s negative reports published in 2011.

A*L finished 2012 with the best track record of any of the China focused investment blogs.  From 2010 to 2012, A*L accused 7 companies of defrauding their investors.  All 7 companies have been delisted by the stock exchanges.

Following these victories, A*L is now focused on publishing new reports uncovering both long and short investment ideas beginning soon in the new year.

Best Wishes to All Our Friends in 2013!

Jon Carnes

Owner,

A*L

Note: Beginning in 2013, reports older than 12 months will be archived and available upon request to researchers or regulators on a case-by-case basis.  Please email us for more information.

Website Malfunction: Last week as we archived the old reports on A*L the WordPress server sent out unintended emails announcing the re-posting of our oldest reports.  We apologize and will make up for it with exciting new reports very soon.