- Contrary to FAB’s anti-piracy claims, the Company’s “Intelligent Media Kiosks” are stocked with “very obviously pirated U.S. movies.”
- FAB’s kiosk manufacturers acknowledged that they historically supplied to FAB only 1,600-1,700 kiosks – approximately 10% of the 16,820 units FAB claims to have deployed.
- FAB has only approximately 1000 kiosks in Beijing, compared to a purported 3,954 kiosks disclosed in its June 1, 2012, proxy statement.
Law Offices Of Howard G. Smith Announces Investigation On Behalf Of Investors Of FAB Universal Corporation
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