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Re: Porgie Tirebiter post# 180285

Sunday, 03/18/2018 12:58:07 PM

Sunday, March 18, 2018 12:58:07 PM

Post# of 207107
I'm trying to make sense of what the reality of moving to NASDAQ would be.

"Fully diluted," there is in excess of 1 billion shares. Why, then, would any institutional investor put money in this company? Are we saying that Wang over-reached for control and shot himself in the foot by insuring that the big fish will not invest in his company?

If this situation is perilous for investors, it's foregone that hedge funds and banks will stay away and Wang will be able to burn his shares to heat his home.

Months ago I postulated that Wang was not going to "give" American penny stock flippers the keys to his mansion. This RS confirms that. But he's come an awful long way to have botched it now.

You said, "As for investors: Ignore it at one's own peril." in reference to the "fully diluted" share structure. In what way do you think this new share structure will affect Wang's ability to sell shares to big investors?