LOL! Why would they pay hundreds of millions of dollars to buy something they already own? They will follow the SCEI playbook. Let the insurance company settle the lawsuit and then remain dark and abandon the US shares. The SCEI Nevada holding corporation dissolved January 1st. SCEI shareholders now own shares in a revoked corporation. They never did have any accountability by owning shares in a holding company. You will find the same thing. Your Delaware holding corporation means NOTHING. You own no assets in China and the Foos need do nothing to own 100% of the company. There is absolutely no reason why they would pay hundreds of millions of dollars to accomplish the same thing.
Must be almost time for the paid promoters to issue their PRs. Read the disclosures carefully when they come out. They will read like an analyst report, but when you get to the bottom they need to disclose what they were paid to release the "report".
That is an absolute lie. Book Value is dependent on knowing complete financial details. You have no numbers to determine a book value. To say it IS any number is a blatant lie.
Tell us what their debt is. They CLAIMED cash was all the way down to $7M while debt rose on all three operating subsidiaries as of 12/30/2012. When their peers all reported losses, how do you think those numbers changed in 2013? Everything about them is lies and speculation until we see recent audited financials.
the clown thinks they going to buy back the shares at a 676% increase from the trading price. even if they wanted to go private they could buy it for wayyyy less, but more then likely they just let it get revoked.