Muddy Waters On NQ Mobile: If You Believe in YidatongVW Staff
NQ Mobile Inc (ADR) (NYSE:NQ)'s largest purported source of revenue, Yidatong ("YDT"), is controlled by NQ, and its primary purpose is facilitating NQ's fraud.
Believing NQ Mobile Inc (ADR) (NYSE:NQ)'s narrative of YDT -- that YDT is an independent company annually facilitating billing of approximately $35 million for a variety of developers -- at this point requires investors to suspend reason. If the following does not . . .
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