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db7

Followers 221
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Alias Born 09/02/2003

db7

Member Level

Re: None

Friday, 08/07/2015 3:45:20 PM

Friday, August 07, 2015 3:45:20 PM

Post# of 10084
bought TX_IC .0478avg:


from aug 2014:
Arbitration Tribunal Panel Awards Tongxin International $1.4M Against Ex-CFO Jackie Chang in Embezzlement CaseMarketwired(Tue, Aug 19)
Michigan Jury Awards Tongxin Int'l $6.85M Verdict Against Ex-CEO Rudy Wilson in Embezzlement CaseMarketwired(Tue, Aug 19)


then this in mar 2015 from 8k
"
Item 8.01 Other Events.
Tongxin International (PINKSHEETS:TXIC), today announced that its Board of Directors is exploring a full range of strategic alternatives for the Company to enhance value for stockholders, including, but not limited to, strategic investment, strategic joint ventures, sale of the Company, privatization, and returning capital to investors.

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