How many of you are under the impression that SUTR owns the Jinying365 B2B electronic trading website? If you are paying attention, they came out last year to update on the B2B trading platform which at that time had 80,000 users and was growing rapidly. Now they have almost 250K users and the website is getting quite a bit of traction based on their daily statistics. I just checked with their IR with the hope that they would provide official update and was told that they do not have any equity ownership of this B2B business. Needless to say I'm #$%$. What about other longs on this board? Did you all have the same impression from their discussions and from their press releases that Sutor owns this B2B business?
Had a terrible quarter, and some insider selling knocked-down the prfice. I think it's really over-sold, book value is above $5; seen stocks with book value negative with higher pps. Must be out of favor. No PR?