..are not for the benefit of ordinary shareholders. Just a legit way to purchase more for their own. Better not buy Chinese stocks anymore, its for a reason msci refused Chinese stocks again.
Yo kenluspumpkin, what do U expect.. that a ceo says its lousy?
Aokang buys a 25 percent stake at 6,30 dollar, Zall buys a stake at 3,30 dollar and warrants 5,50 dollar...management has a big stake in LITB, so there is 30 percent for perhaps less for trading, still stockprice is in red after this recent news.
Dude, whoever you are, the minute youre starting a new account I ll put you on ignore. I guess, most of the other boardmembers are doing this, so find another job.
While this stock keeps dropping, I guess its a set up to take this private for a low price.
Ceyuan Ventures II, LP revealed that they own a 13.8% stake in Lightinthebox Holding Co Ltd-ADR (NASDAQ:LITB) in a Form 13G/A disclosure that was filed with the Securities and Exchange Commission on Wednesday, January 27th. The investor owns 13,291,591 shares of the stock valued at $30,304,827. The reporting parties listed on the disclosure included Ceyuan Ventures II, LP, Ceyuan Ventures Advisors Fund II, LLC, Ceyuan Ventures Management II, LLC and Bo Feng. The disclosure is available through Edgar at this link.
Separately, TB Partners GP LTD bought a new stake in shares of Lightinthebox Holding Co Ltd-ADR during the fourth quarter valued at about $7,614,000.
You can buy-off the risk of being charged for just a few cents.
By the way I ordered 12 dec. a sd-disk 8 mb with longterm delivery (10-20 working days), still not received yet.