With all due respect, no idea what you are trying to say.
"They already 'OWN' approx. 50% of company.'
" Beyond that does it look like a public co? " huh? What does that mean.
The sponsors of the company have to build some trust with the investors perhaps by using a big 4 accounting firm before I invest another dime in a Chinese company. From the looks of it most investors are dis enchanted by the market and hardly investing in U.S. companies nevermind investing in any company that is even more opaque then it is. The big 4 accounting firms are rather suspect themselves.
If they own 50% they can probably just go private or introduce a dividend if thats the case. The market needs more then words it needs to see $$$ and if it doesn't belive you have them in your accounts then you pay your current shareholders, with 50% that 'you' get paid also; a win - win situation, until then your a hoax because there are so many crappy Chinese companies out there that did not do the right thing and pps will continue to suffer.
Why do you think all these micro caps went public the way they did? They wanted an easy and fast way to gain access to the American dollar back when it meant something and they wanted to still have control of their cos. About all of them have about 50% ownership , especially when their various ken and cohorts are taken into account. If the owners are trustworthy, well and good. If not, minor stock holders get the shaft. Also, why buy when shares can be obtained for free by board action for "services rendered". You do know that Li holds over 10mil shares and Tsui about 10mil. And I hope you were sincere in your respect and I have given you some useful info.
If they own so many shares, they must be losing their shirt/blouses just as much as the shareholders. So why don't they say something/do something to restore confidence in the company and restore the stock price?