SCEI 13D Group Decides to Support Shareholders Taking Action in Nevada
=How did he come to control over 15% of the shares?
Says he is leading a group... he doesn't necessarily have that many shares. Just as Alain "controls" shares he does not own.
Am I to understand they already had a 15% block and your 5% block gives you 20% and the ability to call a special shareholder meeting? Or were they also attempting to reach the 15% level?
Good luck to all. I have always been FOR the shareholders and AGAINST unscrupulous management. I agree with asianvest that to actually collect anything is doubtful, but you will force them to slink away in shame where there may be ramifications preventing them from listing in China in the future.