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Renren Inc. Message Board

  • mawsii1 mawsii1 Nov 27, 2013 11:03 AM Flag

    Joe's controls...until whenever...worst IPO of 2011, buyback gives Joe more control..not less...he really doesn't

    care about US investors...that's for sure...Investor relations dept..non existant....so few press releases...nothing at all on the 59 million spent on soci finance ?? No rev's no assets..who did that money go to ...joes's relative who also attended Stanford...all the efforts of RENN employee's whom are also not getting rewarded...so few with stock options and no purchases...he took 800 million from US investors at 14.00 per share and doesn't care...period...so wall st doesn't either...hence goes renn renn....until softbank takes control back...hopefully...investing 400 million into this 5 yrs ago and no return...hard to believe softbank doesn't put in a new ceo and board...the business model is working and can show profits if they chose...good luck all,,,not hoping for much but if we get anything positive...seems like the downside is right here...

 
RENN
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