Sunday, February 26, 2017 4:14:41 PM
The thrice delayed "Lily Li" transaction is claimed to be a change of control. She is (supposedly) buying a controlling stake through Jerry's "A" shares.
At least, that's the lie Jerry's been telling.
The SEC is very clear on what must be announced through an 8-K filing. I suggest you research the issue.
Here's a good place to start:
https://www.sec.gov/answers/form8k.htm
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