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RE:REDIFF has a conflict of interest!!
by Natarajan Vijay on Jul 26, 2007 08:03 PM

Guys, I am right. REDF indeed has a conflict of interest. Their shares trade on NASDAQ with Ticker REDF. They have reported results today. THey have net income of $2.31 million. However, their income is down $440,000 due to exchange rate effects. Their stock is down nearly 16% today on this news.
So REDF is promoting the idea of debasing our currency using tax money collected from all indians to make their bottomline look good!!!

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