Muddy Waters Offers to Pay for Audit of NQ Mobile

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Dec 19, 2013

Nothing talks like putting your money where your mouth is.

That is what short-seller Carson Block of Muddy Waters offered to do today when he said he would pay for an independent audit of his short target NQ Mobile (NQ, Financial).

Block's allegations about Muddy Waters relate to an overstatement of sales.

Here he is talking about NQ and his offer: