DSS Inc (DSS)

[buypumps]

DSS 51% stake in Global eMall Limited Private Company. Known as GEMM. 1 Owner Mr Pong.
Oct 29 2018 for US 44,611,00 dollars.
DSS issued 3,200,000 for 1.10 to the owner,and remaining balance due 1,121,000 to be paid cash or promissory note.GEMM must show net earning for 2018 of at least US 1,300,000 or balance owed will be decreased.
Expected to close within 60 days of the agreement.
GEMM shares have a lock up agreement that states the owner cannot sell any shares for 1 year.
8 K is filed.
July 3 2018 Insider Purchase 214,286 shares for 1.40 for a total of 1,174,286 shares.
Always good to see an owner make a own cash purchase recently!