China Trading Stocks

[tbirdman]

$ATV $5.11 - dd

$2M share buyback in place w/ only 700k float

https://finance.yahoo.com/news/acorn-international-announces-share-repurchase-110000266.html

Earnings on deck.

Ol' boy Rob...this guy is BOSS, has made major progress in turning the company around.

On May 4, 2015, Acorn's original co-founder, Chairman and majority shareholder, Robert W. Roche, returned as CEO of the Company to focus on restructuring and turning around the business, after his improper removal on August 26, 2014. Under Mr. Roche's stewardship, the Company has reduced operating expenses and reduced cash burn. Net revenues in the second half of 2015 stabilized, gross margin improved and losses from operations narrowed despite severance and other non-recurring expenses associated with the restructuring of approximately $14.2 million. The Company anticipates further reductions in operating expenses and confirms it will complete the sale of certain non-core real estate assets with contract amount of approximately $11.3 million in 2016, as part of the Company's ongoing policy to liquidate non-core assets.

https://finance.yahoo.com/news/acorn-international-reports-preliminary-financial-123000438.html


Highly connected w/ Democratic party in the US it seems fwiw, interesting

http://www.theamericanmirror.com/hillary-schedules-fundraisers-in-beijing-hong-kong/

http://www.breitbart.com/big-government/2012/10/08/obama-com-owned-by-bundler-in-china-with-business-ties-to-chinese-government/