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Cninsure Inc. Message Board

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  • moviecrazy100 moviecrazy100 Apr 30, 2012 3:59 PM Flag

    Financials just in. CISG loses over $47M and expects to lose more money for next 2 to 3 y

    That is the prelude to going private. The management is cleaning the balance sheet so they can offer lower price for the company - and then relist in china or hongkong. Selling company stock to public is more profitable..

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