[Eug Wanker]

At least she's got guts.

Whoever Xiaobo Lucy Luo is, she sure is ambitious, and U.S. regulators want to know just what she is up to.

Ms. Luo's Canadian-based company, Apollo Publication Corp., has apparently managed to put together a board of directors that includes U.S. President George W. Bush, U.S. Fed chairman Alan Greenspan, former U.S. president Jimmy Carter and former Canadian prime minister Jean Chrétien. Mr. Bush is listed as Apollo's chairman, president and first director, while Ms. Luo is chief executive officer and first director.

According to the firm's website, Apollo sells a range of magazines, newspapers, compact discs and other products. Its mission is: "to found an Imperial of Earth (IOE) with one God Luo, one language, one culture, one history, one law, one standard, one currency, one postal, etc on one land of earth of solo solar system." As for results, Apollo says it expects revenue to soar from $3.6-billion (U.S.) in 2005 to $14.5-billion in 2007. Profit will leap from $2.2-billion to $4.4-billion.

All of those claims, and many more, were listed in a detailed prospectus Apollo filed last week with the U.S. Securities and Exchange Commission. The filing was a first step toward going public on Nasdaq this November at $145 a share. Canadian Imperial Bank of Commerce was listed as lead underwriter, although that was a surprise to the bank.

The filing was dutifully posted on an SEC website, called Edgar, and reported by a number of investment newsletters as an upcoming IPO. This week, the SEC moved to block the offering and launched an investigation. In a court filing, the SEC alleged Apollo made "materially false and misleading statements" and violated a host of filing regulations. John Nester, an SEC spokesman, declined comment. Sources familiar with the case say it's one of the most bizarre filings the SEC has ever received. So far, no one seems to know much about Ms. Luo.

[residentEvil]

oh my

[Scifience]

Too funny. Someone's idea of an elaborate hoax.

[Eug Wanker]

I'm just surprised she filed with the SEC. No need to do that if if you're going to try to bilk money of people.

Then again, because she filed it, it was "reported by a number of investment newsletters as an upcoming IPO."

[turtle777]

-t

[iMOTOR]

Xiaobo Lucy Luo

Is she hot??

[E's Lil Theorem]

That's awesome

As for results, Apollo says it expects revenue to soar from $3.6-billion (U.S.) in 2005 to $14.5-billion in 2007. Profit will leap from $2.2-billion to $4.4-billion.

[dark3lf]

Lucy Lu has dreams of world domination? I knew it!

[olePigeon]

Hah! She did it all wrong. You're suppose to file a software patent for the main() function, then sue every damn software company in the world.

[ThinkInsane]

I shall buy one share, because I have faith in this company's vision. And I'm insane.

[sminch]

i'd prefer if people just posted lots of pics of lucy lu.

sminch