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Re: Ponch73 post# 322

Tuesday, 05/23/2017 5:42:23 PM

Tuesday, May 23, 2017 5:42:23 PM

Post# of 1138
It's here....(page 26/or page 38 on pdf view):

http://www.mongolianmining.ky/downloads/Petition-17-February-2017-filed-and-sealed.pdf

Still do not get it. My take is that all is held by trustee...and the surplus is what has not been distributed. As in...those that have not come forward???....have to look into it more...because I'm not following.

Also....they are following SEC 3(a)(10) Exemption ... so from review ..no holding period...

Also....don't see any eligibility to short...:

https://www.hkex.com.hk/eng/market/sec_tradinfo/ds_list20170523.htm

https://www.hkex.com.hk/eng/market/sec_tradinfo/dslist.htm (main page)

I ran 10/20/30 percent dilutive inventory 9 day turn on volume and get this:

10%...26.4 mill
20%...52.8 mill
30%...79.2 mill which equates to rough 8% of initial distribution

All based on 9 days @ 264.04 total volume. So in my head....it is mainly just foolish hands.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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