Their is a link to it when you go to China Firefall website forum and go to general discussion to read about it.
A usually ZHU and company say nothing to USA shareholders.
best case is 3-3.50$ in which deal would get approved in a second-imo i've been saying ZHU and ncty and lot of these Chinese guys want their stock lower so they can buyout cheaper-NCTY And ZHU already did this by not doing 2 things 1,ZHU said he would buy 5million of the stock and that was at 2.50$-did he do that? 2, NO PR-No call- nothing to attract investors 3, No buyback of shares 4, did nothing to increase shareholder value by selling the company. Everything done to protect ZHU.
IF theirs a buyout price it will be very low-I would guess around 2$ based on all the deals. Sorry Northern your 20$ is not even close. Chinese stocks have been great-Unfortunately this is one of the worst in the world.
how that paid service for their picks ha
their info in the latest proxy statement that came out- it looks like they are selling all assets back to him for 73 million-then they will use that money to buy a completely different business.
starting to turn a bit -A lot to like with this company. the big negative with it is competition from the big boys-like a lot of these small companies they would better by selling out in the next 2 years but Chinese companies never sell ha
the combined company based on CLRX stock now woulds be around 60-70million market value or 50% decline for shareholders. makes no sense.
all retail investors are out of this sector which is very bullish. EFUT another Chinese stock just did the same thing-insider buying- and hoping for similiar or bigger upside-fyi
he just did 2 in last month ha- i would guess 5 minimum. the alltime is what 700$
guess a total of 8 pipe deals
and 5 reverse splits
look at the chart of clrx with tgal talk about shareholder destruction.