Would have already provided shareholder friendly activity if he was able to. Just stalling and lying about having hands tied. I am not a belieiver after my brief contact with him. Just another Chinese CEO sitting on US raised dollars probably in his own family bank
True, for the most part. The chinese are typically myopic. Penny wise and pound foolish. When it comes to public companies, they just don't understand that they owe to the shareholders. Dividend is mostly a foreign word. I don't think the company is a fraud; I think they do have the cash. The CEO just likes to hoard it. He's thinking he owns it 50%. But do you like to keep your company at $2, or do you want to earn some investor confidence and quadruple your market cap and your own stake, you idiot?