MEMS, JRJC and CNTF founder/CEO are all from Northeast part of China.
IDGVC chief is also from Northeast part of China.
they are all money losing business. IDGVC has at least 10% .
IDGVC actually invested $10 million on CNTF/798.
in order to exit, price has to be over $2. the game IPO will take forever given its declining revenue.
so better make enough from from CNTF shares to cover the cost.