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Through the Looking Glass With ACLN

 

Editor's Note: Herb Greenberg's column runs exclusively on RealMoney.com; this is a special free look at his column. For a free trial subscription to RealMoney.com, click here. This article was published Dec. 20 on RealMoney. For more information on this article, read Dave Morrow's Editor's Desk

If you look closely at the SEC filings of ACLN(ASW Quote), no stranger to readers of this column, you're bound to say one thing: Something doesn't add up. Belgium-based, Cyprus-incorporated ACLN, which is in the business of shipping new and used cars to Africa from Europe, is a story of inconsistencies, skimpy disclosure and a wide range of discrepancies. ...

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