Anyone have any news regarding the following below? Not sure if they are crooks or just terrible managers, I will assume the latter. They seem to be another slick group that never delivers anything aside B.S.
General Partner of Cathaya Capital
China Electric Vehicle Corporation
Steven M. Schneider Co-Chief Executive Officer,
Alex Wang Co-Chief Executive Officer, Director
Li Dong Zhu Chief Financial Officer
Gary Dodd Director
Priscilla Marilyn Lu Ph.D. Director
Mark Abdou Independent Director
Peter H. Scholl Independent Director
Please let me know where Priscialla, Scott and ther rest of crue land next so I can short the S@#$#@t out of that firm also and identify SCHILLS as well.
Chinese Reverse Mergers How they Work...
Please Note that most all of them use Offshore Banking in the Caymans & other Bank havens in islands..
You can't hide her affiliation with the YOU Holding company now.. Wait till the SEC gets involved checking these Reverse Mergers.. its gonna be fun trying to hide then too.. Gee take your word over that of Businessweek, Forbes and Morningstar.. you schills are amazing.. Saw that 8% DROP in your stock yesterday..
Man or woman...Doesn't matter!!! There is a LIU and LU that were involved at diffeent times in the DIFFERENT Companies. She is no longer with You On Demand which has been proven multiple times from multiple sources!!!
If CB Cayman is registered to Dr Lu, then how is it a wholly owned subsidiary of You on Demand? China Broadband purchased Adnet which was owned by Dr. Lu. and she was subsequently removed from the board a short time after the purchase. China Broadband was a company registered in the Cayman Islands and is now called CB Cayman (as in China Broadband Cayman). CB Cayman is now simply a subsidiary of You on Demand. Wholly owned by You on Demand not Dr. Lu.
Loan Payable to Beneficial Owner
On March 9, 2010, CB Cayman entered into a Note Purchase Agreement and a non-binding Letter of Intent, or the LOI with Sinotop HK. As discussed in detail elsewhere in this prospectus, through a series of contractual arrangements Sinotop HK controls Sinotop Beijing. Sinotop Beijing is, in turn, a party to a joint venture with two other PRC companies to provide integrated value-added service solutions for the delivery of PPV, VOD and enhanced premium content for cable providers.
Pursuant to the Note Purchase Agreement, on March 9, 2010, CB Cayman acquired a Convertible Promissory Note from Sinotop HK in consideration of CB Cayman’s US$580,000 loan to Sinotop HK.
On March 9, 2010, a significant beneficial owner of the Company’s securities, Oliveira Capital LLC, advanced $600,000 to CB Cayman in order to make the loan to Sinotop HK as described above.
On June 24, 2010, the Company repaid $580,000 of the $600,000 loan by assigning the Convertible Promissory Note from Sinotop HK in the amount or $580,000 to Oliveira Capital.
On July 30, 2010, Oliveira Capital LLC agreed to (i) cancel the remaining $20,000 of the March 9, 2010 loan and (ii) assign the $580,000 note of Sinotop HK to the Company, in exchange for (x) 1,200,000 shares of Series B Preferred Stock of the Company and (y) warrants to purchase of 36,000,000 shares of the Company’s common stock. See Note 13 “Private Financings, July 2010” under Notes to Consolidated Financial Statements under Item 8.
CB Cayman is Dr Priscilla Lu
and it STILL is a Signifigcant holder of Convertible stock Warrants of YOU company..
You can't LIE your way outta this..
You know as well as I do it's not updated. We have proven this now over and over again. Quit trying to spread lies and posting false statements. You are only hurting yourself. Just because you got burnt on your ZAP "investment" doesn't mean you have to try to bring another stock price down in order to try to get in on what you missed out on. Please read below everyone with the official Link to prove he is posting a link to a site that is not updated.
Priscilla Liu has been gone for a long time and so has Clive Ng. Priscilla Liu was from a company called Adnet. From the last registration statement concerning Adnet:
"Due to the shift of our business model to the PPV / VOD business, as of December 31, 2009 we permanently suspended day to day operations of AdNet."
Here is the link : http://sec.gov/Archives/edgar/data/837852/000114036111036503/form424b3.htm#mgmt