I believe that Wang started disposing of his shares piecemeal commencing January 1st 2012.
Here's my humble hypothesis. The following is my opinion of course.
Every 10-K that is reported to the SEC has to state how many shares an officer held and or disposed of during the reporting period which would of been from April 1, 2011 to December 31, 2011 in the case of FCPG. This information you can find in the under the Security ownership of certain beneficial owners and management and related stockholders matters in the SEC 10-K. As you already know, FCPG did not report any further 10-K since May 2, 2012.
During and after Jan 1st of 2012, Wang could of easily disposed of those shares knowing well in advance that because of frustration of how Chinese Reverse Merger stocks are treated here in the USA that the chances of seeing his shares and further shares that FCPG could offer to the public would not be appreciated in price. Therefore, knowing this, Wang decided to dispose of his shares into the Market when the stock price was trading from the high of .49 cents to the present .02 cents and most likely disposed of his shares at the upper levels in share price thereby putting downward pressure in the share prices. Why else would the stock continue it's downward decent despite the reports of favorable 10Q's? Even disposing his shares at a modest .20cents on average would of given his a cool $3,000,000. Or perhaps he made an arrangement with a MM to sell his 15,000,000 shares to a set price, which would of caused the share price to go down afterwards as the MM began selling those shares to the public. On 2/3/2012 there was a spike in the price at 0.33 on 1.444 million shares. The following trading day 0.52 on 895K shares and the next day 0.46 on 402K shares and so on.
What makes this even more possible is that there is no big fund that owned a lot of shares that would of made it possible to go after FCPG had they stopped reporting. Knowing this well in advance Wang saw the opportunity and you know the rest of the story.
