Nice work Dutch, yet, providing you're right, and it sure looks you are. it also means these scam artists prob got stopped because they were hiding reality. They dumped every dam share of the outstanding! "Zhang Hongcheng 2,332,200 All directors 2,669,357 (12.8%)
20,805,860 Libsyn shares 18,136,503 will be freely transferable without restriction Difference = 2,669,357 "
major flags there because what they were trying to hide is; libsysn is the source where they'd been robbing their payrolls for FAB draining every nickel of cash and when none, share dumping. .
I.E, all of a sudden another 6 million share, previously unaccounted for, dumped and yet remains unaccounted for, more than 25 percent of the whole outstanding disappeared, vanished. 6 million shares are where?
Let put it in terms of valuation eh? Where in the F! did more than 25% of this company go?
Plus, guess what's coming the very same day of effect? capital authorized share increase. "Ops, we ran out of shares?"
Pretty dam great accountants eh? LOL Translation: F,n LIERS and cheats!!
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
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