$160M was just the down payment to test drive Nuomi
That likely was 40% of the final total price for Nuomi.
I still think RENN is going PRIVATE in a few months.
bullchyt,that was with the first 160 million,add 105 million then -42 million in loses, then - 50 million this quarter stock is above cash, co is worthless,no takers on this pos
Sept 30th 2013 CAsh balance was $908M + NUOMI cash upto $400M = $1.3 Billion +
Low hanginf fruit below cash = TAKE OUT CANDIDATE very ssooonnnnn !!
Sentiment: Strong Buy
Cash is 2.28 prepare to see.it