Three China-based reverse merger companies so far have disclosed current SEC investigations: China Sky One Medical ( CSKI ), Fuqi International ( FUQI ) and Rino International ( RINO ). China Sky One Medical has conceded inaccuracies in filings in China in a press release. Fuqi has received a delisting notice from the Nasdaq, but has not yet been delisted. Rino recently admitted that some of its claims about contracts were false, and Nasdaq has delisted that stock. China Sky One and Rino declined to comment for this article. Through a spokesman, Fuqi said it is "fully cooperating with the SEC" and that it has no further comment.