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FAB Universal Corp. Common Stoc Message Board

djt1223 2 posts  |  Last Activity: Dec 2, 2014 12:40 PM Member since: Feb 10, 2009
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  • Whatever that last statement means???

    12/2/14, 07:29
    PITTSBURGH--(BUSINESS WIRE)-- Today, FAB Universal (OTC: FABU) released the following statement: Beijing FAB Cultural Dissemination Co. Ltd., a PRC Company (name translated from the Chinese), has entered into four agreements to acquire license rights to film and television content for distribution to consumers at a total cost of 525 million RMB paid over three installments. The Company's full board of directors recently became aware of the transactions and is taking steps to determine their circumstances.

  • They have known they lost the yearning for a month now with still no communication. Well that was a loss of 1M as joe has refered to before. They are late filing their 10-q but then again I believe they don't have to now as it's not a requirement. Do they file to get off the grey markets or just keep running? I've never seen a more of an inept management group with just pure disreagd for anyone other then themselves.

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