All of these buyouts wont happen now. These crooks where all trying to run and ipo in china. They screwed dumb us investors, now running to screw china. But that whole stock market there is crooked. Lol.
Dont be mad at me newspewts, im not the one that pulled the wool over your ignorant eyes. You stock drops more . It will drop below 100 million net worth and will get delisted. Reverse split wont keep in on the nasdaq.
Should fill out quick report on sec website. These guys have made many lies on foward statments on conference calls . Taking huge salarys and just scamming. Company expect to sell, fully funded thir 2016, Sino partner pump, withholding break thur denial till after uplisting was completed. List goes on and on. Let the Sec go destroy there lavish life styles and take there mansions and cars investor have bought for them.
No law suits, nobody will take on a China co, waste of time. Plus he owns controlling share, number one rule, dont invest in co with ceo has controlling vote. Almost 0 can be done. And nothing is going to done on this buyout. Who couldnt see this coming need to stay out of stocks
Well hes not. In fact on the nonbinding offer, he will lower the offer. Notice all the other china stock are all trading below there buy out offer price. This is because smart people knows thesr crooked companys are going to steal all they can before delisting. Nobody os going to sue, no big players with huge postions. Only small american fools own renn.