High flying stock: L International Computers, Inc. The next DELL?

L International Computers, Inc. is a publicly traded company of rose petals under the action symbol LITL. According to a recent press release, the company designs, manufactures, sells and distributes high-performance, lavish PC / Windows © laptops, desktops, workstations and server computers.

In addition, the company says it also produces the largest and most impressive personal and professional visual displays, as well as ultra-high performance software, peripherals and personal electronics technology.

They claim to be “the absolute and unrivaled hardware solutions with the highest performance / high class”

supplier at any price point. “Could they be the next Dell?

On August 10, 2006, the shares of L International Computers, Inc. closed at $ 0.29 without volume. On August 31, 2006, the stock traded up to $ 1.85 and closed at $ 1.40 for more than 10 million shares.

Why all the excitement of investors?

(a) A press release issued on 1 September 2006 announces its next generation PuRam-Go Pu / PuRaid ™ ultra-portable technology for high speed solid state devices.

(b) A press release issued on 30 August 2006 announcing Metropolis as the world’s first 19 laptops incorporating Nvidia’s Quad-SLI technology; High-end graphics, games and professional visual calculations that will be released from the desktop.

(c) A press release issued on 23 August 2006 announced that L International had signed a $ 45 million European Distribution Agreement; The breakthrough strengthens corporate global marketing and sales strategies.

Great press releases, but is there anything? Perhaps investors should be focused on the following elements:

a) According to various trade magazines and articles, the company initially launched its technology in 2003. Since then, we have not been able to find financial statements showing their sales, profits or losses. The company says it will publish financial statements sometime in the next few months. As a company with rose petals, they are not required to provide investors with up-to-date or accurate information.

b) In an article published on 14 October 2004, the company quoted the words: “From a financial point of view, we are no longer able to continue doing business and unfortunately we are forced to cease operations and liquidate our assets in support of our financial responsibilities. “

c) In a call to the company earlier today, the company admitted that it stopped marketing about eight months ago due to technology upgrades and plans to reopen in about three to four months.

d) Who is Microscan International? They are said to have placed an order worth $ 45 million to purchase a product from L International. However, a quick search on google.com gives absolutely nothing for them, not even a website.

e) While the company states that it manufactures its own technology with employees working from its corporate headquarters, it seems that the address of the record is actually a mailbox in The UPS Store in Santa Barbara, California.

f) The shares of L International Computers, Inc. are traded on Pink Sheets and are actively promoted through spam. Interestingly, a statement posted by Pink Sheets LLC on PinkSheets.com indicates that they have removed stock quotes from their website until the company provides up-to-date information to the investor community. In addition, they offer investors to use care and due diligence in their investment decisions, as companies that engage in promotional activities without providing adequate up-to-date information are often subject to fraud.

The company reports that it has about 100 million shares outstanding. Is this company worth $ 150 million? Investors beware.