Future FinTech Group Inc (FTFT): SPU is selling a 51% interest in one sub...

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Re: ClearlyStocks post# 131

Wednesday, 06/22/2016 7:49:55 PM

Wednesday, June 22, 2016 7:49:55 PM

SPU is selling a 51% interest in one subsidiary for $46 million. Total market cap is < $10 million. It's confirmation that the current price makes no sense relative to SPU's value. And management is taking steps to realize value.

https://www.sec.gov/Archives/edgar/data/1066923/000121390016014417/f8k053116_skypeoplefruit.htm

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