asensio.com initiates coverage on China Sky One Medical, Inc.

asensio.com, located at www.asensio.com, America’s oldest and most accomplished short selling advocacy website, today initiated coverage on shares of China Sky One Medical, Inc. (NASDAQ: CSKI).

Two reports have been issued today on asensio.com regarding China Sky. China Sky is a US-listed Chinese company claiming to sell over-the-counter pharmaceutical products based on traditional Chinese medicine, such as a weight-loss patch and hemorrhoid ointment, and also claiming to be conducting research on cancer treatments and stem cells.

“Are China Sky’s Financials Believable?” is the first report. It details the many problems China Sky has had with its auditors, and some of the problems apparent with the company’s corporate governance.

The second report, “A Small Taste of China Sky’s Erroneous Numbers” shows what seems to be an unbelievable mistake in China Sky’s reported EPS.

asensio.com was originally launched in 1996 as the official website of Asensio & Company, Inc., which to this date remains the only FINRA and Securities and Exchange Commission registered investment bank ever to have operated as a dedicated short selling organization.

Posted in China Sky One Medical, Inc.

Manuel Asensio doesn’t bet often. But when he does, it’s wise to pay attention.

Paul Kaihla
eCompany Now
1 2 3 4 5 6 7 8 9
About Our Founder
Learn more about asensio.com's founder, Manuel P. Asensio, and the website's origins. Click here to be directed to Mr. Asensio’s professional biography.
Media Record
Click here to see selected articles that discuss asensio.com's work and its unique legacy. asensio.com also strives to maintain a complete record of articles dealing with the companies that are the subject of asensio.com research.
Investment Record
Click here to view a list of the companies that have been subjects of asensio.com reporting and click here to see the complete investment record.
Asensio and FINRA
Asensio & Company, Inc. and Manuel P. Asensio are the only dedicated short sellers ever to have been members of FINRA. This unique-minority membership created complications in the regulatory relationship. Being the first activist short investors and among the first FINRA member firms with a website added to the complexity. A statement by Mr. Asensio is available here. Information necessary to obtain a meaningful understanding of the dispute is available in complete form HERE.